- Augusta Nationwide has expended $200 million acquiring up property all-around the study course for two a long time.
- Some owners have turn into fast millionaires.
- Just one spouse and children refuses to market their home, turning down seven-figure presents.
Around the earlier two a long time, Augusta National Golf Club in Ga has purchased up significantly of the land that borders its personal grounds.
In accordance to The Wall Street Journal, Augusta Countrywide spent above $200 million buying above 100 properties masking 270 acres because 1999. Individuals additions have approximately doubled the dimensions of the study course and made many property entrepreneurs immediate millionaires.
Off the northwest corner of the club sits a cost-free parking large amount, Gate 6-A, a extend of empty land that was after a entirely lived-in community. The club invested $40 million to get and bulldoze the homes, presenting the residents prices way too enticing to switch down.
Just one family, having said that, refuses to offer — even as the offer will increase.
For a story on NJ.com, Steve Politi tracked down the Thacker household of 1112 Stanley Dr., a residence adjacent to Gate 6-A and the only 1 that Augusta National’s money cannot obtain.
Despite typical million-greenback delivers from club officers, Herman and Elizabeth Thacker do not want to depart their dwelling.
“We seriously don’t want to go,” Elizabeth Thacker instructed NJ.com.
“Revenue ain’t every thing,” her husband, Herman, extra.
The dwelling is about 1,900 square feet, has a few bedrooms, and sits on about two-thirds of an acre. It has an believed price of $330,000, according to the genuine-estate database Zillow.
The pair created the dwelling in 1959 and watched as their community, as soon as environmentally friendly with plenty of space for backyards and swing sets, vanished. As soon as a yr, when the Masters rolls all-around, the region fills up with vehicles.
They you should not brain the crowd, Politi described. Often, a enthusiast will prevent by and greet the couple on their porch, complimenting their landscaping or asking for gardening ideas.
Here is a perspective of the dwelling from Google Road Check out, with Augusta Nationwide in the track record.
The location has its perks. One particular of their grandchildren became fond of golf and is now a qualified. Scott Brown, 35, is a PGA Tour member, but he has nonetheless to qualify for the Masters.
The few is aware of that the property will not likely be there eternally. Even Herman’s brother marketed his home, explained to be 1 of the nicest in the town, and two other attributes for $3.6 million. The Thackers owned a different house ideal throughout the avenue, but they sold it to the golfing club for $1.2 million.
But 1112 Stanley Dr., the home in which they elevated their two young children, five grandchildren, and five good-grandchildren, won’t be bulldozed anytime before long.
That hasn’t stopped an formal from the club from popping by the dwelling every so typically.
“He’ll appear by right here just about every so often, and he’ll say: ‘Just want to let you know we’re however fascinated in your property,'” Herman claimed. “And we are going to inform him the identical point once again.”