The Obamas Just Bought A House For Post Presidential Life... Are They Coming To Your Town? According to recent reports, the Obamas are planning to buy a $4.25 million dollar mansion near Palm Springs. The mansion comes complete with a two-story waterfall and putting green. The Los Angeles Times received the news from an unidentified real estate source, who claims that the Obamas are in escrow on the lavish estate. They would join Frank Sinatra, Bob Hope, and Bing Crosby among those who have lived in the gated community of Thunderbird Heights. In the middle of the desert property is a lavish modern house with four bedrooms, more bathrooms to match, and a master retreat that is equipped with a gym, and tanning and spa room. The estate covers more than 3 private acres. They would also be joining former President Gerald R. Ford is what is being deemed the playground of Presidents Although the listing agents for the house could not be reached for comment, it is reported that the Obamas stayed in the neighborhood during Fathers Day weekend, where they allegedly fell in love with the place. And, they would be getting the house at a relative bargain. It was listed for $9.5 million in 2006. What do you think? Have the Obamas gotten out of control? 