The cottage is absolutely lovely. It was perfect for the 2 nights that my fiancée and I stayed there. It's about a 10 minute drive from downtown, but Phil and Val provide the numbers for 3 different taxi companies so that you can enjoy a few cocktails and still get home safely. Also, the view as you come down the hill towards downtown is one of the best in Ireland.
Our chief reason for going to Doolin was to see The Cliffs of Moher, which are only about a 10 minute drive away. The location turned out to be exactly what we needed.
We'd definitely recommend this to anyone looking to stay in Doolin.