This was a great spot for us. It is in a residential area, but walking distance to two beaches. Unfortunately, the closest beach wasn't very swimmable while we were there (waves too big), but still great for views. The location is a short drive to Kailua town for restaurants, shops, etc., as well as Captain Cook. We went to a different spot each day for snorkeling, hiking, etc,, and the longest drive was 1.5 hours. (We could have kept it closer to 45 min, but went farther one day.)
Having a full kitchen was helpful to make breakfasts & pack lunches. We made a few dinners there, too, and always had the tools we needed. The washer & dryer was very helpful to allow us to pack lightly for a 10 day trip. There were quiet hours, which included restricted washing hours (7 am - 8 pm), so we had to plan around that, but it was fine. The birds do not read these signs and let us know when the sun came up, because we slept with windows open instead of using the somewhat loud a/c unit.