Though reports show that the Obamas would be staying in Washington D.C. from January, the New York Post says the First Family actually has other plans in mind.
President Obama and First Lady Michelle Obama have reportedly just purchased a new home near Palm Springs, California.
According to reports, their new digs are located in Rancho Mirage, a city located outside of Palm Springs.
This area isn't new to high profile political greats as it's said to be the home to the popular getaway Sunnylands, which some describe as the West Coast version of Camp David.
Though the family has reportedly already bought the property, they won't be moving there just yet as they plan on remaining in Washington D.C. until their younger daughter Sasha graduates from high school.
Watch President Obama celebrate his final musical evening at the White House in the video, above.
(Photo by Kevin Mazur/WireImage)