It looks fabulous. Lots of space to spread out and grow roses.
As you said, "Location, location, location." You can always do work on the house. But it is impossible to change the surrounding terrain in any meaningful way. Privacy can seem like a great luxury if one has lived for a while crammed into a development with lots of nearby neighbors.
A lot of people move to Prescott and buy their dream homes on scorched earth properties. And so there are a lot of fantastically beautiful houses here. Ours was not one of them. As our insurance agent said "You bought the house for the location." Turns out we are still improving the house. It's an expensive form of entertainment for one of us.