‘Money ain’t everything’: 93-year-old woman rejected multiple offers from Masters-hosting golf course during its $280 million expansion

(SeaPRwire) –   A 93-year-old woman, who resided less than a mile from Augusta National Golf Club, steadfastly refused to sell her property to the club, resisting years of expansion efforts by the organization that hosts the prestigious Masters Tournament, until her final days.

According to property records, Elizabeth Thacker lived in a three-bedroom, single-story home on a 0.67-acre lot, constructed in 1956. This seemingly ordinary residence is situated in an extraordinary location: just beyond the north gate of Augusta National Golf Club.

Thacker resided at 1112 Stanley Road in Augusta, Georgia, with her husband, Herman Thacker, and raised their children in the home. Their grandson, professional golfer Scott Brown, also spent his childhood there, as reported by NJ.com.

Elizabeth Thacker passed away in July of last year at the age of 93, while Herman Thacker died in 2019 at the age of 86. Property records indicate that the home at 1112 Stanley Road remains in Elizabeth Thacker’s name. Her daughter, Robin Thacker Rinder, confirmed to Fox Business on April 9 that the property has not been sold.

‘Money ain’t everything’

In a 2017 interview with NJ.com, Thacker stated that the couple had no desire to leave their home, even as Augusta National, the host of the annual Masters tournament, made offers for the property. Records show the property was last valued at $338,733 in 2025, exceeding Augusta’s median listing price of $240,000, according to Redfin. Thacker’s daughter, Robin Thacker Rinder, informed Fox Business that Augusta National had extended multiple offers over the years, all exceeding the home’s estimated value.

Nevertheless, the late Herman Thacker told NJ.com in 2017 that the couple intended to remain in their home because “money ain’t everything.”

Augusta National Golf Club has become a renowned sporting landmark, celebrated for hosting the world’s premier golf tournament, the Masters, which began in 1934, and for its legendary champions such as Tiger Woods, Arnold Palmer, and Jack Nicklaus. Last year, Northern Irish golfer Rory McIlroy secured victory in the tournament, earning the coveted green jacket.

Augusta National’s $280 million land grab

For years, Augusta National has sought to leverage its prestige by acquiring surrounding properties at prices significantly above their market value, sometimes through limited liability companies with names like BC Acquisition Co. and WSQ, as reported by The Wall Street Journal. Golf.com indicates that the golf club has spent $280 million on property acquisitions surrounding the course over the past two decades.

A spokesperson for Augusta National did not respond to a request for comment.

Through its aggressive acquisition strategy, the golf club has targeted residences like Thacker’s and those of her neighbors, many of whom have sold their properties to Augusta National. The Journal reported that in 2018, a neighbor sold her three-bedroom ranch home, located just an 11-minute walk from Thacker’s residence, to the club for $1.1 million. Furthermore, Fox Business reported that the Thackers themselves sold another property they owned to Augusta National for $1.2 million.

The properties purchased by the club are predominantly demolished. A short distance from Thacker’s home, an unpaved parking lot serves visitors just outside the north gate. As attendees arrive for the Masters this weekend, many will likely pass by the Thacker residence to enter the club near the clubhouse and the tournament practice area.

However, her daughter, Thacker Rinder, stated that Augusta National has not approached the family with new offers in the past year since the elder Thacker’s passing, she told Fox Business. She indicated that she would only consider selling “if the price is right.”

Thacker Rinder is currently residing in the house and, like her mother, intends to keep the home within the family, stating she is “taking good care of it.”

A version of this story was published on .com on April 12, 2025.

More on golf:

  • Scottie Scheffler joined Tiger Woods and Rory McIlroy in golf’s $100M club
  • Why brands are making long-term bets on women’s golf at Augusta
  • The 2026 Masters winner will earn 113 times more than the first champion did in 1934

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