Wow, my wife and I would LOVE to have that nice bathroom the way it is. Our main bath is 5' x 9' in size.
Since the OP does not want to look at the toilet when bubble bathing, maybe just do the minimum reno and do something like in my sketch attached. If space allows between the toilet and tub of course.
Then, have some money left over from the $20-25K to do other fun things with, instead of the cost of a full reno which is a MESS, when still living in the home.
Been there done that for 28 years now, of our passed home reno's where my wife and I did them by ourselves. Just my two cents though, with inflation taken out