It's hard to put into words how much we enjoyed our stay with Adrienne and Bill but I'll give it a crack. We had a simply phenomenal time at the P-B Mansion from start to finish. The hosts are both truly lovely people. We were offered recommendations for places to eat and drink, offered coffee and toast in the morning when bourbon street excesses reared their ugly heads and above all else they were great to just sit down and indulge in some great conversations with. The house is a triumph of eclectic style and wonderful architecture and the view from the third floor balcony is one to behold. If you get chance take time to explore the multitude of trinkets that adorn the walls and shelves. Fascinating stuff.
Location wise you would really struggle to find a better spot. The area is tranquil and peaceful (and we felt totally safe walking round the area at night). It's just away from the hustle and bustle of the CBD and French Quarter but both are easily accessible by a short trip on the streetcar (an experience in itself). Magazine Street is a 5 minute walk away and there's a small shopping mall (The Rink) two streets up which has a great coffee shop.
Without question when we go to New Orleans again (that's a when, not an if) this is the place we'd stop at.