Blue Heron Farm, located in Martha's Vineyard, has been sold for $37 million to billionaire Les Wexner. The estate was previously rented by Barack and Michelle Obama during their summer vacations. Initially listed at $39 million, the sale was finalized at a slight discount. The property includes eight bedrooms, 5.5 bathrooms, and various luxury amenities such as a gym, tennis court, and equestrian facilities. Wexner, founder of L Brands, acquired the estate through a trust managed by his attorney after it underwent extensive renovations by previous owner Norman Foster.
The estate, known as Blue Heron Farm, features eight bedrooms, 5.5 bathrooms, a design studio, gym, tennis court, equestrian facilities, and a 150-year-old barn.
Wexner, the founder of L Brands, purchased the property for $37 million, slightly below the initial listing price of $39 million.
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