Congratulations! I hope you love your new place. That area has always felt right to me when I've visited. Not many do.
The house we now live in was a bank-owned property that had suffered from more neglect than we knew when we bought it, despite paying the most notoriously nit-picky inspector $500 to inspect. But the location was worth almost as much as what we paid for the house, IMO.
Enjoy the roses!