I love eclectic design. A high-end tongue-in-cheek fabric would make this an amazing statement piece. You seem to have some guts. Let's see the space and try to help make it everything you dreamed of. I have two 19th chairs with a patchwork rug and teal oversized sectional. I say go for it.

Im totally diallyng it in here because I should find you some primo inspiration pics and fluff up my sofa but for now you get what I found first: this is from another thread about integrating inherited antiQues. It is an epic thread and I recommend stopping by (look up username Cani. This is her telephone table newly reupholstered in a scalamadre chinoiserie and a chair with the fabric she used for two Louis chairs. Not as much of the modern balance you may want but CAN have :)

A dime a dozen? That is a beautiful piece of furniture that I would DIE to have! If either one of you ladies liven Northern CA, please let me know and I'll be happy to take it off your hands.

Ha! The thing is, Jora, in the Deep South—which is where I live—they’re prolific. And so is Victorian parlor furniture—GOBS of it.

So funny Sammy, because they are very sought out here. :) :). One man's garbage ....

Olychick - The first one in your suggestion is GORGEOUS.

I just reread the OP and saw you were looking for furniture suggestions to coordinate - I thought these were nicely integrated into a more contemporary style:

and this was just simply gorgeous!

Wow! Some people have an amazing capacity to be rude and unhelpful for some reason. It's a gorgeous piece and hopefully you'll get some ideas about how to make it work for you.

Who's being rude and unhelpful, Olychick?

Now Pinterest is selecting sofas to show me and this just came up - so interesting, I had to post for you - slipcover:

My late MIL had an antique one like that. She had it upholstered in wide wale cordoroy. I'd use a pair of classic, comfortable club chairs with it, and I'd slipcover them in a fun print.

Just another:

Houzz Tours Anne Rimmer · More Info

Colorful Ranch · More Info

Ribbed chenille and more colors? this a fun color.

Barclay Purple Ribbed Chenille Upholstery Fabric · More Info

Poly velvet:

Blue Soft Textured Plush Woven Upholstery Chenille Velvet Fabric By The Yard · More Info

Metallic thread woven in:

Brown Ivory and Beige Roses Textured Metallic Upholstery Fabric By The Yard · More Info

After recovering and sometimes paint,I've seen them successfully worked into rooms with rattan chairs,bentwood chairs, cane chairs, vaguely MCM vaguely Skandi chairs, sculptural chairs, swivel chairs, leather club chairs, even skirted chairs! Think Anthropologie catalog,think World of Interiors. Formal modern spaces as well as funky Boho and everything in between. Personally, if I owned some fab Ward Bennett caned chairs I might pair them with such a sofa on purpose. Tables and accessories aren't a problem either. But you need a plan, a clear idea of what you want the room to be not just what you don't want (though that is important,too), and the interest in sitting up a bit straight. Also: https://laurelberninteriors.com/2017/06/04/mixing-modern-and-traditional-furniture/

edit to add: And if using that Neo Toile on the sofa, I'd have to try this CB2 chair in the room

It is a conundrum...but you have a beautiful piece of furniture and many options to make it work in a wonderful way.

Olychick nailed it! I love this pic with the modern art and coffee table. I would sprinkle a few other traditional pieces-silk drapes, traditional lamp, with some modern art for sure

I bought a traditional looking sofa and covered it in purple velvet, paired with modern photography and some antiques too

yhis is my. Eclectic family room with 19th century chairs, Clarence house throw pillows and oversized sofa. It still needs a few finishing details such as a new lamp and table between the chairs, but I think you get the idea

:

I have pieces of great sentimental value and would never think of parting with them. I don't know that I would paint the wooden portion of the sofa but do think reupholstering it in some interesting fabric would lessen it's "grannies parlor" feel.

of all the great suggestions, for me, oly's first photo is the one. no winks, no yawns, just a great looking couch.

reprinting here:

I think covered in white would work in a contemporary setting. Put whatever chairs you want with it and put fun pillows on it. A modern coffee table and you'd have a fun electric room. I, too, am a fan of those sofas and yes, you do see them quite frequently and I would die to have one (but DH doesn't want one) so . . . Lucky you!

Your sofa has just enough exposed wood that you could put dark finished mid century modern wood furnishings with it -- and plain (not ornate) black metal (lamp posts; sconces; pedestal tables; plant stands) can go with anything.

I have one very similar from my grandmother and I covered it in a brown and white zebra pattern and it turned out great. I kept everything else very traditional and simple. It's the statement piece and it's perfect. Go for something fun-your Robert Allen idea sounds great.

I love the idea of recovering your sofa and incorporating it into a transitional room. These rooms don't have the same sofa but I could easily see your sofa in different fabric working in a room like one of these.

Walnut Creek Bungalow · More Info

Contemporary Living Room · More Info

And I know there have been lots of examples of fabrics posted above but I found another one that's really fun:

Duncan Phyfe Sofa in Ikat · More Info

If you keep it and have it reupholstered, be sure to have a new single seat cushion made instead of the three for a more contemporary feel. Notice the examples above with single cushions. I love Oly's first photo too!

Upholstering the sofa in a velvet ikat pattern will look fabulous.

I personally love the shape and design of the sofa - it's traditional but modern. I would have the wood lacquered in high gloss black paint and then I would have it re-upholstered in a durable leopard fabric. It will be different, unexpected and elegant. here is a photo of Italian chairs I had stripped, re-padded and re upholstered. I hope this helps.

Some wonderful ideas here. You'll end up with something fun, special and heritage. We hear that reupholstery is pricey but who wants the same couch as your neighbor?

Can yo post photos that represent your style? Any pics with your other furniture and decorations?

Why did you want it? I hear you REALLY don't care for it, and I really don't think spending more money on it will help that. Use it as is white always works..let it be a conversation piece. If it is in usable condition at this point means it hasn't really been used for quite awhile? When was it last reupholstered? Since your space is a lower level/basement this all seems much a do about nothing.

I love the Duncan Phyfe lines - so graceful. But is it comfortable, or will it be more seen, than used?

You could try softer colours to reflect more light in the room and paint your sofa frame a light grey. Pattern and colour could be used in your chairs, art, and rug.

Good structure , good looks , a lot of good ideas and a myriad of fabric to choose from anything is possible with the help of creativity and taste and you certainly got a lot of ideas to go by but the final choice is totally yours , you know your needs and your life style . This sofa is elegant and refined and it wasn't made to be used as most of us use our sofas ….sit on with work clothes, lay on it ,have kids and pets jump on it, I don't see any "Granny Style " in it but I do see Aristocracy. One word of advice !! Please do not slip cover it because it will live up to its name and do exactly that "Slip" Of all the fabrics that I have seen on here my pick is the one that Norwood Architect has posted.

I'm think a couple of barrel-type chairs could work with it.

https://www.thomasville.com/living-room/chairs-and-chaises/i338322-arie-chair

Hmm. I chose to contrast details between my old and new furniture. Your sofa has wood frame: no wood frame on chairs. Legs on sofa? Solid bottom on chairs. Curvy sofa, square chairs.

Or sell it and get new furniture. Craigslist, $2,500:

greenfish, your room seems long, rectangular [another area for 2 chairs]?

OP will tell us dimensions of seating area... :)

It is rectangular (but small) where the OP room looks square. I wasn't suggesting she do what I did, but she asked what kind of furniture would go with her sofa. My room is an example of really going bold with the contrast in styles.

Ideas, ideas...