What a great place. Perfectly located. We've stayed in other areas of Maui but this was perfectly situated for whatever you have in store (beaches, hikes, restaurants, road to Hana [either direction - we did both], luaus, etc.). Cute little beach right across the beach hemmed in by an ancient fish pond rock wall so it stays calm at all times. Perfect for little ones. We also saw and swam with turtles right off that beach. It had all the little things that make your vacation run smooth (beach towels, beach chairs, umbrella) and the little touches that make you feel appreciated (water bottles in the fridge, snacks and microwave popcorn on the counter, coffee for your first day).
No problems at all with the street noise. I am a light sleeper but with the a/c on you could barely hear the cars and they stop around 9 or so anyways. I would highly recommend a stay at Raven's place if you are going to Maui.