You will need a ventilated enclosure for your compressor. It will make some noise - and my wife hates "white noise" when she is trying to enjoy the peace and quiet of the great outdoors (interesting animal sounds excluded).
Is there a good place for you to set your enclosure away from the places where people sleep, eat with family, or just relax? If so, I would set the enclosure near an easy electrical connection that is handy for you to check in your normal routine, but away from "people". Running a few extra feet of polyethylene air pipeline is pretty darn cheap at current prices.
P.S. I believe esshup sells compressor systems and has installed many systems for his pond clients. I would definitely listen to his advice on this topic.
