I like second plan! That space will fit the wardrobe perfectly. Take all colors from the art. The colors can be lighter or darker than the colors you see in art. Take "Venice" with you to paint store and they might be able to help you choose good colors. Idea: paint four walls the same and see if you like that. If you feel the room lacks interest, then paint the accent wall. Choose a pale green that harmonizes with "Venice" and a darker green accent. Yellow + red accent White + blue accent

This arrangement works much better, but some adjustments are needed to make it work. First, the fireplace grouping needs to be tightened. It crowds the dining area and you need a passageway behind the couch. Turn the rug lengthwise, parallel to the fireplace. Pull the large couch about 2 1/2 feet closer to the fireplace, and place the two chairs and loveseat on the ends of the rug, and pull them closer together. This will give you a more intimate conversation area, and not impose on the other areas of the room. Remove that floor lamp from behind the couch. If you need the light in that area, put it by the fireplace. Also, the stereo system on the mantel needs to find another home. Maybe it can go IN the fireplace instead. At the other end of the room, I think the arrangement would look better if the seating were rotated 90 degrees. Keep the rug and coffee table in its current configuration, place the sofa either facing the window or with its back to the window, and put the two chairs opposite it. Finally, the dining area. Now that you've moved the big leather chairs, you should have enough room. Your rug is too small. It should be big enough to give you at least a 2 ft. border all the way around when the chairs are pushed in. And it's a really beautiful table; please uncover it. I can't see what kind of lighting that area has. It really needs a pendant or chandelier hanging directly over the table.

Thank you for posting the pic. Is it just open space opposite the chairs and a blank wall with the entry door? Any windows on that wall? Is that a table showing on the right of this pic, or a counter between living room and kitchen? My first thoughts are that those chairs must be pulled away from the wall and angled in some way, and somehow you need to find space for more seating. Could you angle them towards each other against the room divider, or is that a cupboard you need access to? Then you could turn the table 90 degrees, and place other seating facing the chairs. I'm liking the idea of picking up on colour from the green glass on the table, but I'm not sure how yet. I have a busy day ahead but I hope to check in later.

Is the indent in the wall where you have the TV now, supposed to be for a TV or is it to be a closed up closet?? You could switch the room with living area where you walk in but then you cannot wall mount the TV due to windows. Plus you might like eating near windows for more lighting drama. Also , now seeing your hall , I think turning the dining table 90 degrees from how I placed it, would fit better in your space. You could consider an area rug under the table as well , which would help to define the space when you enter. Also keeping a runner and a vase with either fresh ( or nice fake) flowers on the table, will make it flow better with the living room area furniture.