In Project Rustic Contemporary‘s sitting room, we reimagined a typical sunken formal living space into a moody, inviting wet bar lounge, perfect for entertaining or relaxing in style. This space balances rustic and organic elements with rich textures, statement lighting, and a sophisticated mix of materials.
If you’ve been considering how to give new life to your formal living room, this guide will walk you through the key, impactful design choices to transform your space into a formal living room wet bar lounge.

Key Features of This Wet Bar Lounge
One of the most exciting features of this lounge is the custom wet bar, which completely reinvents the function of the space. To make it both practical and visually stunning, we incorporated:
Metal shelving for a modern-industrial feel, perfect for displaying glassware and liquor.
Two beverage fridges to keep wine and drinks at the ideal temperature.
Black cross and star tile on the backsplash, adding bold contrast and an artisanal touch.
Dolomite countertops for a luxurious yet durable surface.
Rich espresso cabinetry that brings depth and warmth to the space.
Opposite the wet bar, we created a striking focal wall with dramatic floor-to-ceiling Dolomite in a soft gray veining. The rich texture of the stone adds an elegant, refined look while complementing the overall moody vibe of the room.
To bring warmth and texture to the space, we installed dark vertical paneling along one wall. This smoked oak wood feature not only adds a layer of richness but also enhances the room’s height by drawing the eye upward.
With the goal of making this lounge perfect for both entertaining and unwinding, we focused on a conversational furniture arrangement:
Two sets of swivel chairs provide ultimate flexibility, allowing guests to easily shift between the fireplace and the wet bar.
A bleached teak coffee table serves as a grounding centerpiece, adding organic warmth.
Two ottomans offer additional seating while maintaining an open, airy feel.
A textured wool rug defines the space and softens the look, making the room feel inviting.
Lighting plays a major role in making this lounge feel sophisticated yet relaxed. We included:
A bold antique brass and bronze chandelier, making a sculptural statement.
Two unique wall sconces, featuring aged bronze bodies and aged brass shades, flanking the fireplace for additional warmth.
A unique floor lamp, adding a sculptural touch while providing practical illumination.
Art sconces, highlighting the large-scale artwork and enhancing the moody ambiance.
To balance the darker tones in the space, we added custom Everhem drapery in Ash, which beautifully frames the windows while softening the overall aesthetic.
Artwork plays a key role in tying the design together, and we selected pieces that reflect the organic yet contemporary aesthetic:
Abstract black and white artwork, adding a bold and graphic element to the space.
Tree Gaze IV framed photograph, offering a serene, nature-inspired moment that enhances the lounge’s calming atmosphere.
We turned an underused formal living room into a stunning wet bar lounge with rich textures, moody lighting, and a cozy seating area. From a custom wet bar to a dramatic fireplace wall, this rustic contemporary makeover is full of stylish details!
Design Board & Sources
– Use code PEGGYH20 for any Scout & Nimble items
– Use code PEGGYSAYSMIX for any PHI Home items
– Contact us for the best deals on Rugs and Lighting
Keep scrolling in the window to see all of the items in the design board!
Shop the Look at PHI Home here
– Use code PEGGYSAYSMIX
– Contact us for the best deals on Rugs and Lighting

Floor Plan + Paint Color
Paint color is Simply White by Benjamin Moore



This lounge transformation is a perfect example of how to blend rustic, contemporary, and organic elements to create a space that feels intentional, stylish, and highly functional. The wet bar adds purpose, while the cozy seating, rich textures, and layered lighting make it an ideal retreat for both entertaining and quiet evenings in.
What’s your favorite feature of this lounge? Let us know in the comments!
Thank you to our wonderful clients for allowing us to share their living room and sources with our readers. If you have any questions about the room or any sources, leave a comment below!
We know interior design can feel overwhelming—there are so many choices and so little time (especially if you’re balancing work, family, and life!). That’s why we’ve made our services simple if you want more design support:
✓ Full-Service Interior Design (Denver locals) → Perfect for busy professionals who want a turnkey design experience from concept to completion.
✓ Virtual Design (E-Design) → A custom design plan you can shop & implement at your own pace.
✓ Designer for a Day (Denver locals) → Need quick expert guidance? We’ll make a plan in just one day.
✓ Video Consultation → A one-hour virtual session where I answer all your design questions & help you make decisions fast!
A note about PHI Home: Some of the products linked in this post are to-the-trade pieces from our shop, PHI Home. Typically to-the-trade pieces are purchased exclusively by trade professionals (i.e. interior designers) at wholesale, and then resold to their clients at a markup. We’re delighted to extend access to our favorite trade furniture and décor to everyone, regardless of whether you’re our client or not. Should you require a different size or color variation, please don’t hesitate to reach out to us.
Prices at PHI Home are never above the internet minimum advertised price “IMAP” (set by the manufacturer) plus shipping. By using the coupon code PEGGYSAYSMIX, you can enjoy a discount off the IMAP pricing. Moreover, if you come across a lower price from another online retailer, kindly drop us an email at info@peggyhaddadinteriors.com, and we’ll gladly match that price (remember, our pricing includes threshold shipping).
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