Had an awesome stay here! The best part about this place was the location. We stayed with our two young children. Being able to walk to town to grab coffee, dinner, or drinks at breweries was ideal. Not having to load the kids into the car made it so much easier to go out and about.
As others have mentioned, the only downside is if you're a light sleeper you may want to come prepared. The roosters wake up bright and early (not a problem for us with the small children). Also, the bedrooms didn't have blackout shades so the neighbor's porch light had a tendency to make it look like daylight at 2 am (or whenever someone would trigger the motion-activated lights). The light didn't interrupt my sleeping, but I could see how it may bother others.
Besides the location, the setup was great. The place has the beach essentials (boogey boards, umbrella, chairs, towels, etc) and a washer. Richard even hooked us up with a crib for our youngest. The neighbor was also super friendly and it was nice to stay next to a local - made us feel less touristy! I'm a big fan of staying in a place like this over a hotel/condo. Would definitely stay here again if we're back in Kailua.