I live in a such a property and here is how I view it. With an upslope you have no view which would be a big premium but you know that already. If there was not an upslope there would likely be a fence where the bottom of the slope is. Then there would be a house 10 to 20 feet on the others side of that fence. That upslope provides you with a bigger buffer between the house behind it. Id rather have one than a lot with a level shorter backyard and closer rear neighbor given the choice.
Now what to do. With an upslope you can push back into the hill. If you push back far into it you will have to build an engineered retaining wall which can be very expensive. However a wall 30″ or less is considered a sitting wall and does not require such engineering nor permitting. I was able to push about 8 feet back into the slope and build a 30″ sitting wall enlarging my usuable space. I had drains put at the bottoms of the slope behind the wall. Going on 21 years here and nota single problem with any of it.
Dont know the exact situation you’re in but on the face of it not a big issue to me