We stayed in room number 8. Every one is different. The setting is quite charming.
Pros: We could see the beach from our modest porch, it was only a few minutes walk to the restaurants, and Yelapa was full of kind and welcoming people. Langunita's pool was very fun. It had several large boulders to perch on in the water, felt clean, and had a great view of the bay.
Cons: We stayed on a very hard uncomfortable bed, there was a power outage for a day and a half which ment no showers, no toilets (not under anyone's control really, it just was unfortunate) but my worst experience was the bugs. I could not stand in our hotel for more that ten minutes without being bit several times. My saving grace was the mosquito net around the bed. I highly recommend bug repellent or a citronella candles to fight off the no-see-ems.
Overall a pleasant place, nice experience. Would recent again, only with precautions. :)