The " resort" is now under new ownership and like many businesses on the island owned by a local family. Whilst they mean well, they're inexperience shows. This was my 4th visit to Thailand and the penultimate island on a west coast island hopping holiday, so I understand the varying standards depending on where you are. However Basic hygiene standards were worrying, even for Asia. We stayed in November and paid 3000 baht per night, so we were expecting a little more than we received.
Pro's
Beach front bungalows are basic but functional, clean with good air con.
Beautiful beach at quiet end (during the evening)
Small pool, unusual for the island at this stage of development
Staff are friendly and show willing

Cons
Hygiene appalling. Outside makeshift kitchen. Flies are everywhere. I watched a cook wipe her chopping knife on the inside of the dustbin and continue to use for different prep.
Standard of breakfast is very poor and given the hygiene we didn't risk it
V noisy in the mornings from Longboats and resort staff - if you like a lie in.......!!
Overall cannot be called a "Resort" by any means, even by Thai standards

Whilst this is not their fault, a large Rubbish container boat is moored next to the property for 2 weeks out of every 4. A necessity I know, but the smell and spilled rubbish added to the poor experience. this seems to be a real concern to the local businesses who complain at the length of time it is moored there.

Overall there appear to be better places to stay on what is a beautiful but rapidly changing island. For us, the experience at Z Touch Lipe was disappointing. Sunrise beach is much quieter and will provide a more relaxing stay.

On a final note, there are environmental concerns for the medium/ long term future of Lipe. As usual it's education, or lack of, that will be the prime driver. The "Stupid" Brigade are arriving (lets stand on some coral shall we?!!) and there is an absence of local understanding for long term sustainability. The island has been given to the Chao Lay sea gypsies, but with what appears to be v little other help and support. Overfishing and coral damage is already evident and saddening.

We stayed 4 nights in room #5
(our friends stayed the first nights in #8 then moved over to #6, which was much nicer than #8)

only a few steps to the pool, to the restaurant and a few more to the beach - some huge sunbeds between the pool and the beachfront, reserved for "staying guests" was nice
Breakfast was nice, staff was nice as well, specially those who spoke better english.

Great price for a "hotel" with pool on Koh Lipe, we walked around on the island and a "cheaper" hotel with a pool on Sunrisebeach was not an option, as the pool was so tiny and it´s location close by the natives boats made swiming there impossible - so a really great choice if you value a pool

our bathroom in #5 was OK, (in #8, our friends complained about mold - #6 however was OK)
waterpressure could have been better but still it was OK and it was easy to set the temperature on the water as well as on the AC

WIFI didn`t work to well, but if you couldn´t use theire mostly you could still get online on the resort nextdoors free WIFI