The film received ten nominations at the 54th Academy Awards including Best Picture and won three : Best Actor ( Fonda ) , Best Actress ( Hepburn ) and Best Adapted Screenplay ( Thompson ) . Henry Fonda won his only competitive Oscar with this film and at the age of 76 became the oldest winner in the Best Actor category , while Katharine Hepburn won her fourth Best Actress award , extending her own record for the most Oscars won by a thespian . '' On Golden Pond '' is also one of the few movies to earn the nominations for five major Academy Awards ( Best Picture , Director , Actor , Actress , and Screenplay )
54th Academy Awards
54th Academy Awards
On Golden Pond (1981 film)