It's a good location, an easy walk into town. Plenty of space too.
But one big problem is noise. You are below the owners' main living area (as far as I understood), and you hear walking and furniture moving late into night. That would be fine on its own, but the following morning, no kidding around 5am they woke up. And so did we as there was banging, dropping things, loudly going down the stairs. And finally starting what sounded like a jet engine right outside our windows (it took a few times to get it going too).
That was the worse sleep I've ever had.
For some people it may not be a problem, but for both me and my partner is was very unpleasant... Not even earplugs helped.
So if you want a pretty large place very near middle of Kona AND don't mind the noise, this may be for you.