Small but decently equipped room in the heart of the resortland of Princeville. Nice of the hosts to provide beach chairs, boogie board, and cooler for your beach days. Good jumping off point for Hanalei Bay (15 minute drive).
If you like to snorkel I think it's walkable to hideaways (maybe 15-20 mins?). Good spot to see a lot of fish, and if you're lucky, an octopus and/or some big crabs. We ended up getting there via kayak from the bay and then realizing it was close to the hotel, hence no guarantee of the walk time, but we heard it's doable.