The owner of a 1,900-square-foot house next to the Masters golf course kept turning down millions of dollars to sell

• Augusta National spent $200 million buying up property around the course.
• Some homeowners became instant millionaires.
• One family turned down millions for their house, and it has become part of the Masters legend.

Augusta National Golf Club in Georgia has bought up much of the land that borders its private grounds.

According to a 2019 story in The Wall Street Journal, Augusta National spent over $200 million purchasing over 100 properties covering 270 acres from 1999 to 2019. Those additions nearly doubled the size of the course and made many property owners instant millionaires.