This is an excellent spot in Playa Langosta. About a 15 minute walk from town / Tamarindo but only 3-5 by car. This particular place was just perfect for the four of us in our early 20's. Air conditioned, great beds and rooms, spectacular rooftop sitting areas, and a spot to eat, hang out that was covered downstairs. Just incredibly relaxing due to the quietness of the place. More than worth the price we paid!
The pool was great, and for the beach, walk out the gate and take a left to get to a very quiet but beautiful swim area, much less crowded than the Tamarindo beaches.
Recommend going to Matty's (little deli) for breakfast / lunch across the street, along with El Sapo for dinner (great pizza). Bokas and Walter's were also quite close if you are looking for a quiet dinner without walking to town.