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Our apartment had a balcony with a nice view of the Lake. We had the First (euro) Floor Apartment. There is also a Second Floor Unit above us, and a house with gated grounds adjacent. Our apartment seems to have been remodeled recently. So everything was nice and new. Mary, our host, was very pleasant; she really wanted us to enjoy our stay.
For future travelers, the building is located on the lake side of the railroad tracks (not actually on Via Covelo). It is very near "Camping Covelo", and enjoys a cooperative relationship with the campgrounds. You can have any meal at their restaurant (seated inside or outside). Reasonably priced. We had dinner there one night, and were surprised at how good it was.
Overall the rental had brand new amenities and was very quaint. It was about a 30 minute walk up a very steep hill (>15% grade) from the town center. It was about a 35 minute drive to the major town of Iseo. The water taxi to Mont Iseola is very close by and it was a lot of fun exploring the island. The host was prompt and check in/out was easy. The only complaint was that the floors were very dirty and there were no screens for the windows (it was stuffy in the house, would have loved to have opened the windows but the mosquitos were terrible!), but that is an easy fix for future guests. Overall this is a great way to enjoy the Italian countryside in a very local place. There is great wine and food nearby both in town and in neighboring areas. The town folk are very friendly and there is plenty of exploring to be done.