We've stayed in various condos in Napili several times, but never at One Napili Way. They're newer than most of the other condos in Napili, but they are not right on the beach. It's a very short distance, maybe 100 yards???
We love Napili because Napili Bay is a very pretty crescent shaped bay with a nice beach. It also is much less crowded than Kaanapali or Kihei. If you want to be where there's more action, just hop in your car and you can be there in about 10 minutes.
You still have plenty of very nice places nearby. Kapalua is just a short walk to the north, and next door to the south is Kahana which has one of my favorite restaurants - Roy's. I know they have them on the mainland now, but the one in Kahana was his second after Oahu and in my opinion, one of his best.
jim