Jack, this is outstanding news. You will want to verify that there is no chance of this potential pond running up onto neighboring property or some other crazy restriction. Oh yeah, and one more thing....
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...the majority of the land which is shaped like, are you ready for this? A GIANT BOWEL that is lower then the rest of the land.

You will want to verify that there are no fault lines anywhere within perhaps 100 miles or so. The potential of a giant bowel movement can be devastating to land values.
\:o \:D