I agree wity masayako. If you’ve read this blog for a while you’d know that he consensus is that prices are at 2004 levels and heading to 2003 prices in many neighborhoods.
This house was purchased for $658K in 10/2003. That means that the most it’s worth is $700k in my view. Granted they put in the landscape but I wouldn’t account for it as improvements loose value over time (relative to neighboring houses with fewer improvements).
This home might be in a unique location with unique view so that could be the reason you love it.
I say rent yourself and nice $3000/mo house and save the difference. That would still be substantially less than the carrying cost of this house.