It's a second story unit - not a stand alone cabin. We talked around and around this issue and came to the decision that low maintenance and amenities out-weighed having a plot of land to ourselves. It is exactly the type of place we like to stay in while on vacation, making it a perfect vacation home away from home for us. To us, it is "the cottage".
It is older but move in ready. There really isn't too much that needs to be done (besides the obvious, and the diys, and all my big ideas!)
ps. I'm going to be blogging like it's 2010 over here!