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$14.8 million Martha’s Vineyard estate the Obamas rented is under agreement

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Barack and Michelle Obama reportedly bought Boston Celtics owner Wyc Grousbeck's estate at 79 Turkeyland Cove Road on Martha's Vineyard. Anthony Esposito for Wallace & Co. Sotheby's International Realty

Are the Obamas one step closer to being homeowners on Martha’s Vineyard? Perhaps.

The sprawling, multimillion-dollar mansion that former president Barack Obama and his wife, Michelle, were reportedly interested in buying earlier this summer is now under agreement, according to the Martha’s Vineyard Times.

The waterfront estate, which was recently on the market for $14.85 million, is owned by Boston Celtics co-owner Wyc Grousbeck. The Worcester native initially put the Turkeyland Cove Road house on the market for $22 million in 2015, according to realtor.com.

Read the complete story at BostonGlobe.com.

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