The layout is pretty similar to how you already have the room. I'd put the sofa on the longest side wall (which in your pictures in currently empty) and the new dresser will replace the old one.
couch $1000
striped pillow $35 (on couch)
footstool $250
floor lamp $490 (next to couch)
duvet $229 (for a king)
MIRROR OPTIONS
tortoise mirror $225
gold mirror $250
ART OPTIONS FOR OVER SOFA
landscape print $750
miss moon print $38
I like you print $27
heels print $10
chanel print $10
minted print $129
pluie print $40
mixed media $70
abstract art $129
PAINT OPTIONS
CHANDELIER OPTIONS
white pendant with gold lining $249
loft shade chandelier $315
bamboo chandelier $395
soho chandelier $559
calais chandelier $399
warp pendant $219
meurice $895
loft shade chandelier $315
bamboo chandelier $395
soho chandelier $559
calais chandelier $399
warp pendant $219
meurice $895
PAINT OPTIONS
I'd stay pretty neutral with the wall because of the all the color going on in the space. Simply white is a nice neutral, yet slightly warm white. Or if you want a little color on the walls, Gray Owl is the perfect gray!
TOTAL
$5,496