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Martha's Vineyard: What the mansions cost

The Obama family is spending the last week of August vacationing on this New England island, which boasts some of the nation's priciest real estate - and stunning views. Here's what you'd pay for a spread near the president.

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Vineyard Haven contemporary
Indianapolis
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Price: $2.999 million
Bedrooms: 4
Baths: 5 and 2 halfs
Square feet: 4,000

Description: On an island like Martha's Vineyard, water frontage is in high demand so you can take easy advantage of the wonderful sailing. This modern house has a boat mooring in its front yard and a view over Lagoon Pond, a calm harbor with an outlet that offers quick access to the Nantucket and Vineyard sounds.

The house is only seven years old and is in pristine condition with high-end finishes and numerous amenities, including an indoor endless pool (you swim in place against a current). There's also a ground-floor master suite and three upstairs bedrooms, each with a private bath.

The home sits on two-and-a-half acres of professionally landscaped yard. The broad lawns are broken up by stone walls, lovely flower beds and shrub plantings. Also featured: exterior lighting, underground sprinkler system and an outdoor shower.

For further information: Sandpiper Realty


NEXT: Aquinnah hill house
Last updated August 21 2009: 6:15 AM ET
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