An unusual four-seated settee upholstered in a bold red fabric anchors the rotunda entry of this 10,000 square foot Paradise Valley home. The custom round area rug reflects an elegant silk-pleated fabric ceiling detail. Beyond the foyer, the formal living room is enhanced with unique touches, such as the silk window treatments topped with one-of-a-kind fused glass drapery hardware. The rich red and gold color palette includes an iridescent wall finish achieved in a five-part process. Plush furniture, a baby grand piano, and an adjacent bar make this living room a grand place for entertaining.