Rent it out. I was in the same position as you are. Some 8 years ago I moved from our fully paid for home in the city out to a log cabin in the country. Had I sold then, I would not have realized a $75,000 increase in value.
I turned over the management to a property leasing company who collects 10% of the rent and they take care of everything else including qualifying the tennants, collecting the rent and providing upkeep and repairs as necessary. Taxes, insurance and maintenance eat up a little more than four months of the income I get, but who's complaining? And the property continues to appreciate in value.
Rent it out.
Years ago I came up with what I call the “hassle factor”. That’s where taking on an investment or project is just not worth the hassle. I have a rental house, a few years ago there was an 8 month period where I received no rent because the renter lost his job, so it’s not all roses.
Also, I’m 70 and would rather have the money to burn rather have it dribbling in over 20 years.