The reverse is the most visually appealing way. No studs. Instead you drill female anchors into the wall. There are a couple of ways you can make them look good (or at least "better") when the cover wood is stored.
1. - Install removable shutters (Decorative fakes) using the same anchor holes.
2. - Just put short, stucco colored studs (bolts) in the hole when they're not in use.
1. - Install removable shutters (Decorative fakes) using the same anchor holes.
2. - Just put short, stucco colored studs (bolts) in the hole when they're not in use.