Note: this was my first trip to Hawaii.
We were 2 families with kids plus one nanny and one in-law (6 adults, 3 kids total).
Location: awesome. A house is a couple of steps through the bushes to the beach, and the sea right in front of the house is very calm even on stormish days. A couple of surfing spots are quite close to the house (1 minute drive to Sunset; 4 minute drive to pipeline), but in front of the house it was safe to swim even when Sunset point had big 4m waves.
Also, the house is close (2 minute walk) to a nice "cafe" (effectively, food truck with a building; food is good), and is about 5 minute drive from a supermarket.
Also, you can enjoy sun setting into the ocean next to the mountains if you walk 100 meters along the beach.
The house has a nice patio and a balcony overviewing the ocean -- really enjoyed sitting there. The house is not a top-notch super luxury, but has everything you need to concentrate on sleeping, sunbathing and swimming :)
The only problems were the doors: several doors inside the house would require some effort to close, and also several of them did not have locks. We could live with it, but it looks like something which can be easily fixed. Also, at least one bedroom did not have curtains (I felt fine without them, but just FYI).
The bottom line: given that this was the cheapest house we could find, I was fully satisfied. Great location, nice views -- totally enjoyed it.