Like a luxury mountain resort, this rustic chic living room boasts sumptuous furnishings set within a comfortable, unpretentious backdrop. Medieval sconce lighting illuminates the interior while a generous stone fireplace provides a welcoming reprieve from the cold, with creamy whites and deep blues providing a soothing scheme to relax in. Wildlife scenes, as depicted in the mantle piece art, and multi-sized candles put the finishing touch on this eclectic but carefully curated space.
In the living room of Jean-Louis Deniot's Miami penthouse, the sofa from Deniot’s collection for Baker is in a Martyn Thompson Studio fabric, the 1930s Jindrich Halabala chairs are in a JAB Anstoetz fabric, the vintage cocktail table is by Paul Frankl, and the gold side table is by Hervé Van der Straeten; the 1920s bronze-and-alabaster chandelier once hung in the Villa Kerylos in France, the indoor-outdoor rug is by Galerie Diurne, the artwork is by Franz Kline, and the shelf holds a Roger Desserprit sculpture (center) and a French 1940s lamp.
Employing expensive materials in restrained but meaningful ways lets you enjoy the finer things while staying on budget. Display a fancy wallpaper on a focal wall or as a patterned backdrop for built-in shelves. Buy one really good leather chair, but pair it with a less expensive garden-seat table. Create pillows that showcase pricey silks, brocades, and velvets on their face, but that boast inexpensive fabric backs.

In the living room of Steven Gambrel's Chicago apartment, the custom sofa, in a JAB Anstoetz fabric, is by Dune, the 1950s chair (left) is in a Dedar fabric, and the custom armchair is covered in Arabel fabrics; the 1930s orange lacquer–and-shagreen sideboard is French, the 1950s Murano glass table lamp is by Seguso, the 1955 chandelier is by FontanaArte, the custom rug is by Beauvais, and the Venetian plaster walls are in Benjamin Moore’s Stonington Gray.

A black marble fireplace strikes the perfect balance between edgy and timeless. It anchors this living room designed by Arent & Pyke, which get a contemporary lift from the jute rug, modern and bright artwork, and shapely table lamp. And because the armchairs are a classic silhouette, they'll last forever—you can reupholster them with different colors and prints throughout the years as your taste and style changes.
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