This is correct, at least when you book through Disney. It is a premium view which could be views of the park or the pool area. The 3 times I have had it, once was an amazing view of Paradise Pier (now called Pixar Pier), once was overlooking the pool area but you could see Grizzly if we leaned over and looked left, and the last time was overlooking the Pier but a floor or two lower than the last time so it was mostly trees and if you looked left you could see a little bit of the park.
Personally I thought I would hate the pool view but it turned out to be my favorite. I loved the night sounds sitting out on the deck after getting back from the parks. It was really lovely.