I'd try something like this: build a deep banquette under the window opposite TV. Use four swivel chairs in a grouping for the TV/FP end. Two flanking FP and two opposite it. Then make a quiet conversation/library area in the center with bookcases on the wall, a sofa by the railing and two accent chairs facing each other over a coffee table. If there are floor outlets by the railing, add end tables and lamps (not matched to coffee though.)

Thanks for the ideas!

I don't think 4 chairs is an option. The wife wants to keep a couch there, so she can stretch out if needed. Ha!

Any and all ideas are welcome!

I would get a longer, more sleek couch (if possible). I don't like the idea of creating a "nook" because it's such a unique space, I recommend keeping it open. So, push the couch further down towards the fireplace, then place a chair next to it (towards the near side of the picture), angled in, and one chair on the other side with the railings. Maybe a nice book case further down on the wall near where the couch is now. Put down a nice rug and slim coffee table.

It can work with a sofa instead of the banquette. Just get smaller scale chairs and you'll be able to seat up to 7 people there.

Thanks for the ideas on where to situate the furniture. We're going to go with a gray couch and two accent chairs. We want a contemporary looks without going to crazy.

Can you recommend a style of rug?

Also, about the big wall. What kind of gaming table are you all talking about? I'm kind of lost there.

Still looking for ideas..

Use different rugs in the space to help visually separate the different areas. It's hard to make suggestions when we have no images of the new furniture, but here are a few ideas. Hope this helps.

I think you need a smaller round table with 4 chairs. I would probably go black. The rug should be a high pile shag that will feel awesome under your feet. Ethan Allen has a ton of colors to choose from.

This is a great space! What about a rug like this - the gray might blend well with your new sofa and the white will lighten the floor and match the stair railing.

Thanks for the suggestions everyone!

What about that long wall, what should we do about filling it with stuff?

Here is a closer picture of the sitting area if that helps.

Here is a link to a Houzz search for game table. This may give you some ideas. If the link does not work, go to the Houzz search bar, put in game table, select photos from the drop down box and click on the search tool.

https://www.houzz.com/photos/game-table-phbr0lbl-bl~l_39349

Thanks, that gives me a lot of ideas. What else would you suggest for that wall? There's plenty of room for more.

Thanks!
Eric

Built in lower cabinets with a minifridge and microwave, if you plan on eating or entertaining up there.

It also looks like you need some lighting at the end at the top of the stairs, so a table with a lamp on it might be nice, or a chandelier or pendant style light.

Not sure if I was clear with my original post. I was suggesting the game table would be in the area near the top of the steps where it appears there is a couch and maybe a floor lamp(?). I think I said 'where the couch is' in the original post, but I didn't realize there was another couch in the picture back near the fireplace until you posted the second picture.

Going down that wall from the steps towards the fireplace area, I would put in some type of built ins or even freestanding units if you prefer. Here you can store things and have books and other decorative items. I think you need to build some lighting in this long space which seems to be so dark until you get down to the fireplace. I would either put some artwork on the walls with art lighting, use lights in the cabinetry as shown below, or have some additional lighting recessed into the ceiling in this area - or maybe some combination of all three.

I can't quickly find exactly what I was looking for, but the attached picture shows an example - just ignore that they used this for a tv since your's is down in the fireplace area.

Great space. Have fun decorating.
[houzz=]