At 1112 Stanley Road in Augusta, Georgia, Elizabeth Thacker’s 1,900-square-foot brick home stands across from Gate 6-A of Augusta National Golf Club. Elizabeth, who turns 93 in 2025, lives in the three-bedroom house she and her husband Herman built in 1959. Now it remains one of the last residential properties in an area transformed by Augusta National’s expansion.
The property’s value reflects its prime location. Property records in 2024 value it at $338,026, while Zillow estimates place it at $366,000 – well above Augusta’s median listing price of $215,000 according to Realtor.com. These figures pale in comparison to what Augusta National has paid for surrounding properties.
The golf club’s expansion strategy works through several limited liability companies: BC Acquisition Co., WSQ LLC, and Berckman Residential Properties LLC. Property purchases include Jay’s Music for $5.35 million, Pep Boys for $6.9 million, and a neighboring three-bedroom house for $1.1 million. The Thackers experienced this firsthand when they sold another property to the club for $1.2 million – it was demolished within a week. Herman’s brother Jerry’s property sold for $3.6 million during a $17 million project to redirect Berckmans Road.
Over two decades, Augusta National has invested more than $200 million to acquire 270 acres. Most neighboring homes have been replaced with parking lots and tournament facilities. Yet the Thackers maintained their position regarding their primary residence. “Money ain’t everything,” Herman told NJ.com in 2016, before his passing in 2019 at age 86.
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When Walton L. “Buzzy” Johnson, Senior Director of the Masters Tournament, offered to build them a new house with nine-foot ceilings and extra-wide molding, Herman responded: “Where are you going to put it? There ain’t any land available, not in Richmond County.”
The family’s position hasn’t changed. “Yes, we still own it, and yes, Mom still lives there,” Elizabeth’s daughter, Robin Thacker Rinder, confirmed to FOX Business in early 2025. “She is very strong-willed.” Their grandson, PGA Tour professional Scott Brown, put it plainly: “If they give it to me, Augusta will never have it.”

The Masters Tournament, which brings 40,000 visitors annually, continues to grow. The 2025 tournament offers a purse exceeding $20 million, with the winner receiving over $3 million. Ticket access comes through a lottery system processing about 2 million applications, giving attendees less than a 1% chance – roughly 1 in 200 odds – of securing entry.
From the Thacker home, the neighborhood has changed dramatically. Where families once lived, parking lots and tournament infrastructure now dominate. But the small brick house on Stanley Road remains, continuing a decades-long stand against one of golf’s most powerful institutions.