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Barack Obama not looking to buying Kennedy’s Martha’s Vineyard estate

Despite rumors, former President Barack Obama is not looking to purchase a home on Martha’s Vineyard, Business Insider reports.

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Obama’s spokesperson, Kevin Lewis, denied reports that the former first family was looking to purchase a vacation home.

The Boston Globe reported earlier in the week that the “word around the island” was that the Obamas, who have vacationed on the island off the Massachusetts’ coast multiple times, were looking for homes in the rural communities of Aquinnah, Chilmark and West Tisbury.

>> Related: Sasha Obama works summer job on Martha's Vineyard

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The Globe listed properties owned by Caroline Kennedy and her husband, Edwin Schlossberg, as ones of particular interest to the Obamas.

>> Related: Barack, Michelle Obama sign multimillion-dollar book deal with Penguin Random House

Kennedy owns two parcels of land, which were both originally part of Jacqueline Kennedy Onassis’ 366-acre estate, Red Gate Farm. Both pieces of property are currently on the market for $12 million and $15 million, respectively.

U.S. President Barack Obama and daughter Malia Obama ride bikes along the Correllus State Bike Path on August 15, 2014 outside of West Tisbury, Martha's Vineyard, Massachusetts. (Photo by Rick Friedman-(Pool/Getty Images)) (Pool/Getty Images)

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