Awesome property. Off-strip feel, but you are right on the strip. It's great to wake up and go downstairs to grab coffee without having to walk through a casino. You are still a short walk to get onto the strip, but it's not like other properties I've stayed at in Vegas.
The suite itself is nicely maintained, huge bathroom with separate shower and a massive tub. The view looks mostly towards Rio and towards Paris - You can still see the Bellagio fountains from the room, but the view is slightly obstructed by a building below.
Location wise, Vdara is part of "city center", it shares it's area with Aria and Cosmopolitan. The monorail from runs from Bellagio to Park MGM so it's easy to get around. There is plenty to do around the area, whether you want to gamble, go clubbing, eat great food or go shopping.
I'd stay at this place again if I were to return to Vegas, it is by far the best property I have stayed in.