My solution:

I got rid of the carpet and  

opted for a rich dark custom stained wood floor which contrasted nicely with the beautiful hand knotted antiqued rug I found.

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The furnishings selected were light and elegant with a subtle touch of whimsy, as shown in the animal print

used on the back of the Barbara Barry chairs. 

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Since the room was rather narrow, and with the existing fireplace looking very flat, it was important to get the right proportions for the new fireplace mantel.  I worked with a local company to design and create this custom piece. It turned out great and now commands your attention for all the right reasons.