Patrick and others....
Interestingly enough, this home is certainly NOT a McMansion. Manchester, like other Massachusetts towns, dates back to the 17th century and, especially near the center of town, has little undeveloped land for purchase.
I'd estimate, this home, like most others in town, goes back to the 1920-30's. Its a modest stone structure, across the street from the course. From the scuttlebut I've heard, this is the first time a non-Essex member has not lived there in generations.
To answer some questions...
1) not sure if sellers' disclosed the 'stray golf ball" issue
2) The club sought to erect a net (I happened by chance to be at one of the planning board meetings when this was presented to the town for discussion), however, the proposal never got developed sufficiently for approval.
3) As for offset, the house is ACROSS the street from the hole. The farthest left bunker guarding the green is at least 15 feet from the roadway... that's also lined with trees. The road is 2 lanes... then the house seems an additional 10-20 feet from the road.
4) Why did the club settle? The rumors are that the homeowner had gotten a lot of traction in the courts (here in the Communist Republic of Massachusetts, property owners, especially those of the golf club member type, are instant targets for proletariat (sp ) juries). I think the club, esp. with the injunction, needed to find a suitable remedy before greater penalities were applied.