An object of the present invention is to provide a golf ball resin composition having high resilience and flexibility. The present invention provides a golf ball resin composition, comprising (A) at least one resin component selected from the group consisting of (a-1) a binary copolymer, (a-2) an ionomer resin consisting of a metal ion-neutralized product of a binary copolymer, (a-3) a ternary copolymer, and (a-4) an ionomer resin consisting of a metal ion-neutralized product of a ternary copolymer, (B) a saturated fatty acid, (C) an unsaturated fatty acid, and (D) a carboxyl group modified diene polymer having at least two carboxyl groups and/or an anhydride of the carboxyl groups; and having a neutralization degree of more than 80 mole %, wherein a total amount of (B) the saturated fatty acid, (C) the unsaturated fatty acid and (D) the carboxyl group modified diene polymer ranges from 100 parts by mass to 200 parts by mass with respect to 100 parts by mass of (A) the resin component.