We loved both the house and the surroundings (the view from the house is amazing).
The house is spacious, modern, and comfortable; it really had everything (and more) for a good vacation. Even when the weather was bad, the kids enjoyed to play around in the house. The kitchen is excellent, it contains everything we needed. The same goes for the bathrooms, really luxurious. The beds were made up when we arrived and the house was warm and clean. The mattresses are also really good!
Things we never saw in a vacation house: there was a pc with internet and every room had his own speakers. The lights, the curtains and heating are controlled centrally.
The city of Akureyri (5 minutes) offers good shops, a good bakery and some good restaurants.
Excursion we did from the house: Whale watching in Dalvik, the myvatn area (geothermal activity), the big waterfalls in the north (Dettifoss, Sellfoss, Godafoss, ..).