So, if your expectations are low, I know a great place. "Expectations low" means nothing like the class or resorts where you ride a train to the lobby before swimming with the dolphins in the hotel pool: instead think where do the locals stay to avoid the resorts?
The Manago Hotel in Captain Cook is fabulous: its a small place run by a local Japanese family, who seem to tend the vegetable garden out back when there is nothing to do. And the Aloha Cafe is down the road, where again if your expectations are low, is a great place for a breakfast overlooking the ocean.
I used to live on Ohau, and those kinds of small places appeal to me much more than the mega-resorts up the coast in Kona, where I've stayed for various conferences. YMMV- luxury and the Manago don't go in the same sentence, but that is its charm.