The multi-million dollar estate. Hale Reena in Kailua, boasts 7,000 square feet and first became the Obamas' holiday rental when their first choice, The Plantation Estate, wasn't available in 2011 and again in 2012. The Obama's vacation homes have been aptly nicknamed the other White House.

The Asian inspired Hale Reena offers many amenities including a spa, pool, steam room, and an outdoor lanai with cushy lounge chairs.

The property is believed to be $3,500-a-night per night to rent and has five bedrooms, six bathrooms, a chef's kitchen, a garden and even a Koi pond, according to The Telegraph.  

The Obama's usual first choice, The Plantation Estate, can cost anywhere from $5,000 to $10,000 a night depending on the season. 

Obama must pay out of pocket for his accommodations which add up to around $56,000 for his entire two week stay.

According to Oahu Luxury Homes the oceanfront provides a stunning view of the Moluka Islands.

Obama's eighth consecutive Christmas vacation to Hawaii begins just as a new report published on Thursday showed the total cost of Obama's vacations since taking office in January 2009 has now hit $70.5million. 

President Barack Obama spent day four of his luxurious two-week vacation in Hawaii hiking with family and friends and did not got unnoticed.

Unassuming hikers were delighted to see the President and First Lady Michelle Obama walking the Koko Head on Oahu's southeastern side with friends on Tuesday.

The Obamas arrived for the hike just before 10am after the President took an early morning trip to Marine Corps Base Hawaii in Kaneohe to exercise at a gym.

On Monday, the president went the golf course after a morning workout and some time spent at his vacation home in Kailua.

The president's motorcade arrived at the exclusive Mid Pacific Country Club for a round of his favorite sport.

Members are said to pay around $16,500 a year to set foot on the high-end course by the Koolau Mountains, according to local reports.

Onlookers lined a nearby public street to try to see the president, his high school pals Greg Orme and Bobby Titcomb, and another close friend Darrell Harrington - but security kept the onlookers away from the 18th green.

Obama attempted a chip shot of about 40 feet and made it into the hole. He reacted by dropping his wedge and raising his hat and arms into the air.

He then pointed his finger at the media and tipped his hat and waved toward the gallery watching him from the road. Obama then walked over and high-fived his playing partner, Darrell Harrington.

Later the president was delivered the news that six U.S. soldiers were killed by a suicide bomb in Afghanistan. 

So far, the First Family has been enjoying a low-key but luxurious few days on the island.

They finished the second day of their Hawaii vacation dining at an upscale Japanese restaurant after a day of hiking.

The First Family and some close friends ate out at Morimotos in Waikiki, opened by Masaharu Morimoto of the Food Network show 'Iron Chef', on Sunday evening.

The venue, where a tasting menu costs $120-per-head, has become an annual tradition on their two-week festive break.

They spent two hours eating inside and left to find residents and tourists lining the sidewalks to try and get a glimpse of them before returning to their rental home.

Earlier in the day the Obamas headed out to the Makiki Valley Loop Trail, spending about 90 minutes along the path.

The president usually spends his vacation time in Hawaii, frequenting the island's golf courses, dining out, hiking, going to the beach and treating himself and his kids to shave ice, a frozen dessert that looks like a snow cone.

The total cost of Obama's vacations since taking office in January 2009 has now hit $70.5million, according to new report as it was revealed Obama has played around 250 golf games throughout his presidency.

He is scheduled to return to the White House just after the new year to begin focusing on what he can get done with the Republican-controlled Congress in his final year in office.

The president does not have any public events planned during the vacation, according to ABC.

On the way to Hawaii, Obama stopped in Southern California to carry out what has become one of the grimmest rituals of his presidency: consoling the grieving relatives of victims of gun violence.

Obama and his wife spent nearly three hours late Friday hearing from the loved ones of the nine men and five women killed December 2 when a married couple opened fire on the husband's co-workers at a workplace holiday party in San Bernardino, east of Los Angeles.

(dailymail.co.uk)