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Actually when creating a lot I've noticed that when I made a lot in CAW with 100 Beautiful Vista buff it gave them plus 100 mood. So I'm assuming that this means that if when you made the lot you put in say 50 it would give your sims a 50 plus mood boost. I've never had a problem with rebuilding on lots that have the beautiful vista moodlet or any sort of troubles for that matter so it may be a glitch in your game.
I know how you get that, but you can't do it with the normal game. I used to have this world create tool, and tried to build a world. And failed. HOWEVER you get the buff by using an option to a lot you pick, I think it was something like choose attractivity, you get these options similar to the set price option.
I think beautiful vista is disappearing because we move the lot or delete,and we delete address.If we look, we will see we not have the street name and nr, so...i think this is the problem.If we manage to see how to put the address back...maybe ....we make beautiful vista again.