First of all, it's not an ocean view. You can see the ocean through some trees, over some rooftops, if you look out of the side of the edge of the balcony. If you are hoping to gaze out at the bay from your room, you'll be disappointed.
Overall, it's not bad. They have some maintenance issues, but assuming that gets fixed, it's a nice enough room for a long weekend. It hasn't been updated more than superficially since the 90s, but the mattress is very comfortable, the house is pretty, and the gas fireplace is nice.
We were really cold until we found the space heater (the fire doesn't really put out much heat), so just know that it's going to be chilly if you stay in the winter.