My ideal Zelda land would feature Hyrule Castle Town and the Lost Woods. Hyrule Castle Town features the Temple of Time that houses the land's e-ticket, Hyrule Castle that features an exciting live show, and a SW:GE esque bazaar where all kinds of Hylian cultures gather, including Gorons, Zora, Gerudo, etc. This area features diverse and colorful shopping and dining, including animatronic Gorons and Zora that interact with guests. Right outside of Castle Town is the Lost Woods with several well themed flat rides, a playground area, and photo ops with the Master Sword in it's pedestal and also a large Great Deku Tree.
So basically, all of the most iconic pieces of Zelda imagery combined into one land, with two sections, featuring one e-ticket, one show, one shopping area, one playground, and several flat rides. Nothing too big but still featuring something for everyone.