GJ,
I think you can discount the water long, it's a rare shot that goes long on a green, especially on a short par 5 under 500 yards and probably into a prevailing wind.
The water off the tee doesn't look threatening.
But, the water on the second shot certainly has to be as factor, especially with wind.
The luxury the golfer has is the diminished yardage presented by the balance of the hole after the drive and the ability to divide the second and third shots into good, manageable, tactical choices, even with the wind.
I can see how it could be a card wrecker for the unwary or unthinking or a wild shot, but unless there's a very strong wind, I'd have to challenge the categorization as well.