They are very popular down here in Tampa. Personally I shy away from them because of the work that *may* be involved, even though I like them. That is north of SLC right? That is a good deal, considering the same home would go for almost double in Sugarhouse.
I am currently renovating one right now (Tampa). Lots of work but the end result is very nice. I would have taken one on when I was younger and no kids, sure. They are cool. I bet it might be like owning a diesel. Plenty to keep you busy, but you love every moment of it (almost).
Edit: Wow, mountain view and fireplace...not bad!!!