Maybe not what you were expecting, but worth while
Wemtend to be bottom feeders, so stayed in Griante rather than Bellagio. Our hotel turned out to be, not a hotel, but a two bedroom apartment with a great view of the lake. Apparently the Como Vita has places all over Griante. We had to follow a guide, by car, for about five minutes from the check-in spot to get to this place high up the hill, then another 30 steps from the street up to the great spot. Complete kitchen, TV, A/C or heat, dishwasher, king bed and two twins. The only disappointment we had was that the water wasn't all that hot. Too many people on a too-small tank, I guess. There are no close stores, shops, etc., but we did find a fine little trattoria about ten minutes on foot further up the hill where they made you feel at home and the food was excellent.
Pros: Location. Amount of room
Cons: Hotter water
Location: incredible views. Both Griante and Bellagio (across the lake by ferry which runs every 30 minutes) have shopping, restaurants, historical buildings