Did you see how the previous owners set up the room? Were they the original owners who built the home? I often wonder if I knew what the builders were thinking if it would help me work through what I want to do. The raised portions flanking the fire box must have had a purpose. Stacked wood on one side no doubt but what on the other? The idea of built-ins that sit proud of the fire box putting it in a tunnel do not work IMPO. You can hang a TV on one side on the stone, but that doesn't really help much.

It is my grandparent’s home- they had tv on tiny table in corner by slider and toys for us stacked on raised levels. sofa was usually where it is. this is their cutrent furniture too.

Also it is a broken gas fireplace that we plan to replace so it heats area.

IMO I would do a low cabinet on either side of the FP with the TV above one cabinet and a piece of art above the other and be done I think the stone is attractive and so would not cover it with built ins . Pics of the whole space would be nice and also a to scale floor plan Since the TV will be sitting right above the cabinet you also will not need to deal with wires showing.

Not sure about built-ins but in order to tone down the stonework I might recommend a German smear technique. This is essentially applying mortar to the face of the stone. Here is an example below:

I love this! i definitely dont want to lose the stone.

Only thinking built ins to break up the stone and incorporate tv. i dont love tvs over fireplaces but unsure if wall will look balanced if a television is off to one side.

I would not do built ins. I would decide which side of the fireplace would be the TV Side, then decide on décor for the middle and opposite side. The décor choices will depend greatly on your style. You could do a simple rustic wood mantle just over the firebox, or extend it to the wall on the non TV side. You could place white birch poles on one side with a wasp nest, owl or painted birdhouse on the non TV side. You could set a tall, interesting sculpture on one of the side hearths. Art can be added to the wall using a rail on the ceiling that allows art to be suspended from the ceiling so you are not damaging the face of the stone. You could balance the tv with a few floating shelves on the other side

The possibilities are endless, you just need to know what types of décor will work with the rest of your home and what you enjoy.

I would not do built ins. I would decide which side of the fireplace would be the TV Side, then decide on décor for the middle and opposite side. The décor choices will depend greatly on your style. You could do a simple rustic wood mantle just over the firebox, or extend it to the wall on the non TV side. You could place white birch poles on one side with a wasp nest, owl or painted birdhouse on the non TV side. You could set a tall, interesting sculpture on one of the side hearths. Art can be added to the wall using a rail on the ceiling that allows art to be suspended from the ceiling so you are not damaging the face of the stone. You could balance the tv with a few floating shelves on the other side

The possibilities are endless, you just need to know what types of décor will work with the rest of your home and what you enjoy.

@Jennifer Hogan I'd be true to the house and stick to a mid century modern look like your first two pictures. I love the first picture, except for the beam and thick shelf. I'd make the shelf just as long, but thinner and maybe put another shorter one above it keeping things nice and asymmetrical.

@Jennifer Hogan screen shot the first image you shared - it is perfect. and agree with @jeff_meeks that nid century is our vibe (it is a 1950’s split and we want to restore it back to that vibe)

I would work on the ceiling and floor first. The fireplace is not as big an issue.

@Kristen Brandriff I'm jealous of your project. I think the interiors of "The Vandamm House" on Mount Rushmore in the movie "North by Northwest" are a good style guide.

https://hookedonhouses.net/2010/03/15/north-by-northwest-hitchcocks-house-on-mt-rushmore/

I'd probably put a TV on a low mid century side board rather than on the fireplace wall.

The reason I said to do the 2 low cabinets and TV on one side the art on the other side would create the balance and IMO not cover the stone. I have a 1956 MCM ranch with a huge stone FP it is my fave thing in my LR and the stone wall is also in my kitchen. I do have the conduit in the kitchen for my hood not at all invisible and that is wahy the TV should be just above the cabinet.

I think the OP should go for asymmetry rather than symmetry. I like mid-century modern when it has a Japanese influence and "Fukinsei" is used. So don't center shelving on the fireplace or balance something on one side of it with something else on the other side.

Loved the stone ❤️