I have this pseudo-functional (but mostly for aesthetics) balcony just outside my mountain-side shelter:
It gives me a nice view outside, and I can peer over the edge to the ground far below (30+ blocks) to see what baddies are down there before I venture out.
There is an above overhang that extends a couple of blocks past the balcony edge (not shown), so no monsters can fall down onto it from above. What I'm not sure about is whether it's Endermen-proof. I've noticed them appearing on occassion on the mountain to the right. I've also tussled with a few of them underground and know they have a penchant for teleporting behind you when they get cross. However, in my experience they seem to have trouble moving/teleporting through passages that narrow in height to less than 3 blocks. The narrowest height of my balcony opening is 2 1/2 blocks, where the slabs are in the picture.
If I were on my balcony, and an Enderman caught sight of me, would he be able to pop on over to my balcony uninvited? Or would he not be able to fit through? Since I don't really need the balcony, I could probably glass-block it in. But I kind of like it as-is. It amuses me.