Being on the back side of the green would depend on the par of the hole and the driving distance. In most cases a player will want to be short rather than long. The player can see what is in front but not what is behind the green. Also if the hole is say a par 5 then the shot into the green will most likely be a high lofted shot and would get the house on a bounce with less damage. The same thing could be said of having a bunker on the opposite side of the green. A missed shot where the club strikes the ball clean and takes no sand could end up breaking a window.
You would also have to consider how close to the tee the house would be and the par of the hole. Do you want to sit on you lanai and listen to the ping of the metal driver all the time?
The ideal spot for me would be behind the last tee box but it may cut down on the view but not the lot price.
Another thing to think about with a golf course location is the noise from maintenance equipment.
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