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Check Out the Swanky Estate Where Obama Is Rumored to Be Staying for Martha's Vineyard Vacation

"Valued at $7.6 million."

(Photo: Peter Vanderwarker via Sundberg Kennedy Ly-Au Young Architects)

President Barack Obama and his family are scheduled to go on vacation in Martha's Vineyard from August 10 through August 18, marking their fourth trip to the location since Obama became president.

Though details of the vacation are being kept quiet, it has been rumored that the president will likely be staying at the luxurious Chilmark House, owned by Obama donor and corporate financier David Schulte.

The home, valued at $7.6 million according to the Martha's Vineyard Times, is located in the wealthiest town on the island and sits on nine and a half acres of land.

It was renovated in 2006 by Rick Sundberg of Sundberg Kennedy Ly-Au Young Architects, and the group said on its website that it has "received confirmation" that the president and his family will be staying at the residence.

Here are some photos of the home, taken by photographers Peter Vanderwarker and Charles Mayer (photos used with permission by Vanderwarker):

(Photo: Peter Vanderwarker, Charles Mayer via Sundberg Kennedy Ly-Au Young Architects)

(Photo: Peter Vanderwarker, Charles Mayer via Sundberg Kennedy Ly-Au Young Architects)

(Photo: Peter Vanderwarker, Charles Mayer via Sundberg Kennedy Ly-Au Young Architects)

(Photo: Peter Vanderwarker, Charles Mayer via Sundberg Kennedy Ly-Au Young Architects)

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