posted 3 years ago
Sounds like you're in a good spot for swales, at least as far as hazards are concerned.
Check your state laws about water rights for using surface water. (I live in Oregon, so my laws are different.) Does your property come with any water rights already? What water can you legally use without needing a water right? If you build a pond without approval, the government might fine you and/or make you demolish it at your own expense when it gets found out.
As for water retention in general, although under the house might be easiest due to the contour, that's not the same as the most useful. (Especially if you don't want to flood your house.) It's generally more flexible to have your water retention uphill if you can manage it, because then you can let it flow anywhere downhill that you need it.
Is there any run-off coming from the road or the property uphill to your east that you can capture? That would give you an uphill water reserve. Since it'd be run-off from property you don't control, it might be polluted but you could filter it through a wetland to clean it up.
Another option would be to collect water from the building roofs into elevated cisterns. Because roofs are higher than ground level, you can elevate your cisterns enough to give them a wider area that they can supply without pumps. And since cisterns are waterproof, they dodge the problems with sealing a pond in sandy soil. Since you will probably want your family garden close to the house, roofwater cisterns would be a great way to store water for the garden.
If you do build a pond, you will probably need to truck in clay or a pond liner to seal it. To mitigate water loss from the pond's surface through evaporation, you can shade it with trees and/or cover a large part of it with anything from a pier to a floating cover.