You are using an older browser version. Please use a supported version for the best MSN experience.

No one wants to buy the Obamas' former vacation rental on Martha's Vineyard

Business Insider Logo By Dennis Green of Business Insider | Slide 1 of 20: <p> This isn't just any ordinary picturesque Martha's Vineyard estate - it has a presidential pedigree.</p><p> President Obama and his family rented this sprawling, 7,000-square-foot mansion for an entire summer in 2013, according to <a href="http://www.wsj.com/articles/marthas-vineyard-house-once-rented-by-the-obama-family-lists-for-22-5-million-1435769418">The Wall Street Journal</a>. But that seems not to have made the house any easier to sell.</p><p> Now it'll be just a little bit cheaper to live like the First Family all year round. The house listed in July 2015 for $22.5 million. Just three months later, the house already had a 15% price chop. </p><p> Now, nearly two years later, the house is still for sale, at a discounted price of $17.75 million.</p><p> Sotheby's International Real Estate has <a href="http://www.sothebysrealty.com/eng/sales/detail/180-l-685-5xvmbn/spectacular-estate-with-private-beach-chilmark-ma-02535"> the listing</a>.</p><p>Brittany Fowler contributed reporting to an earlier version of this article.</p>

A Martha's Vineyard estate is now for sale for $17.75 million. It's been on the market for years and has seen several price cuts.It was used by the Obama family as a summer getaway in 2013.

This isn't just any ordinary picturesque Martha's Vineyard estate - it has a presidential pedigree.

President Obama and his family rented this sprawling, 7,000-square-foot mansion for an entire summer in 2013, according to The Wall Street Journal. But that seems not to have made the house any easier to sell.

Now it'll be just a little bit cheaper to live like the First Family all year round. The house listed in July 2015 for $22.5 million. Just three months later, the house already had a 15% price chop.

Now, nearly two years later, the house is still for sale, at a discounted price of $17.75 million.

Sotheby's International Real Estate has the listing.

Brittany Fowler contributed reporting to an earlier version of this article.

© zillow.com

More from Business Insider

image beaconimage beaconimage beacon