I think it's beautiful, with the exception of the areas around the implements, which look pretty bare. I had a landscaping company for a number of years in an arid climate; trying to establish and maintain a typical suburban lawn with 10" annual rainfall will be water-intensive, labor-intensive, expensive, will likely fail, and will look out of place to boot. It's usually easier and more attractive to strive for a naturalized landscape; i.e., similar to what grows naturally, just a little more artistically arranged, so to speak. For example, although your picture shows a treeless expanse, there are probably some native trees that thrive in your region. Possibly they were cleared from your area, so why not put a few back? A few native trees strategically placed will add height and interest, help "frame" your beautiful view, and require little or no care once established. Is your area rocky? A few large boulders are another way to add interest and they blend well in an arid landscape, as do cacti and ornamental grasses. I'm a big fan of ornamental grasses, as there are species that will grow in almost any climate and they're generally extremely low maintenance as well as beautiful. Everyone loves ponds, but unless you have a flowing spring, it will be difficult to keep it filled or at a consistent temperature in your climate. There are 3 kinds of ponds: natural, semi-natural, and artificial. Lacking a natural water source, yours would be artificial (pond liner, refilled from a water hose). In a large acreage like yours a small artificial pond just looks wrong IMO. Of course if you have a ravine, or perhaps a wet-weather streambed, then you have more options. It would be useful to see the rest of the property, as well as the view from the other direction, toward the house, as you'll want to blend the house into the landscape as well.
In any case, I hope you have nice deck or patio to enjoy that view!