Absolutely! I have to be near, and be able to see water.
Calming, and gives you a feeling of space and freedom.
Being up higher looking down on it is a bonus as well.
I agree Marc. Once you have lived on the water you couldn't go back to a 'dry' block looking at a back fence or into the neighbours yard. About 5 am at our place it is like living in the middle of Kakadu with all the wild life and sound of the ocean etc Only I wish the b... ducks would keep out of the pool.
Cheers,
Bazza