My wife and I had a terrific time at this B & B. The panoramic view from the lanai was just part of the experience, although a gorgeous one - but you can judge for yourself from their website. The rooms are spacious, charmingly decorated, with a wet bar in the bedroom and double sinks, walk in shower, and expansive closet in the bathroom. There is a library of dvd's if you want them, but we didn't - too much else to do.
You should not miss star gazing from either the hot tub or the nearby hammock. Without city lights, the stars just pop.
The location is very convenient to Haleakala, yet just 20 minutes from the beach. There are a couple of very close by, casual restaurants and a "general store".
We had stayed in Wailea for the first part of our trip, so we had "done" the beach and were ready to experience the very different terrain of upcountry. As with any B & B, much depends on the owner/operator and in this case, you'll find a very well informed host whose insider tips on local attractions and restaurants we found to be on target without exception. (He is an architect and an artist.)
The spot is very peaceful and relaxing. If you're looking for nightlife, or the beach is your main priority, Kula is probably not for you, but if you want to experience a different aspect of Maui, you might want to check this out.
We'll definitely be back.