I would put it at the bottom left corner, as close to the bottom cliff as you can get. I really like those types of locations (・∀・ )
You could also put it in one of those little bends at the bottom of the cliff, if there's enough space for a house.
Or at the top right, just under the river bend. (Of course, whoever's house that is would be blocking your house, but if you don't like that villager then you can just move them out.)