It would
be nice to build just below the summit, to do a walkout basement and have similar views. Keep in mind you might be hurting other's viewshed. An advantage of building near the top would be easier to control
water surface runoff.
The substantial R value of strawbale is likely to make your double pane windows the weakest link by far in your wall performance. Most importantly, especially as you get more exposed to wind, is to make your you build as air-tight as possible. High R value can be rendered useless by uncontrolled airflow.