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Wayfair's selling a 'stylish' $880 velvet couch that transforms to a bed for $283

Don't be fooled by the low price tag — reviewers say this versatile sofa looks like a million bucks. Oh, and the 70% discount doesn't hurt either.

A velvet couch is what decadent dreams are made of. The sumptuous fabric has the look and feel to impart regal vibes, but often at regal prices. Though, not the Mercury Row Perdue Velvet Convertible Sofa, which just happens to be deeply discounted at Wayfair. You can currently score it for just $283 —nearly 70% off its original retail price. Trust us: This is exactly the perch you need to instantly plush up your pad.

At nearly 82 inches long, you'll have plenty of room to comfortably seat guests at your next get-together — or have one stay over since it converts into a futon.

$283 at Wayfair

Why is it a good deal? 💰

Not only is the sofa a hot seat style-wise, but it hides a secret: It’s also a futon sleeper, so you’re getting the value of two furniture pieces in one for a fraction of the retail price. While we've seen the couch on sale quite a bit, this is the lowest it's been — even cheaper than on Black Friday!

Why do I need this? 🤔

Luxe fabric and a mid-century-modern P.O.V. make this sofa a pièce de resistance, rather than a sidepiece, in any room. Iterated in five hues that range from neutral grey to royal blue and light green, there’s a shade to suit everyone from the minimalist to the maximalist — and their interior to match. The streamlined silhouette, tapered wood legs and tufted cushions take their cue from vintage 1950s vibes, yet the design is as equally at home in a variety of interiors from retro and modern to traditional and eclectic styles.

The genius of the couch’s convertible design is that it blends form and function. The back cushions easily fold down to form a twin-sized sofa bed, which can help save on space. And at nearly 82 inches, it’s long enough to be able to fully stretch out your legs with ease for comfy sleeping overnight.

Velvet couch
We clearly have a velvet crush on this seater — and you will, too. (Wayfair)

What reviewers say 💬

Don't be fooled by the low price tag — reviewers say this couch looks like a million bucks. In fact, more than 15,000 of them think it's worthy of a perfect five-star rating.

Pros 👍

Many reviewers offer high marks for style and ease of assembly. “Pretty and so functional. It’s easy to put together and the back folding down is super helpful. I recommend it to anybody looking for a sleek sofa that can convert to a futon when you need it to," wrote one.

Another fan had a similarly starry critique: “This sofa is perfect! It was easy to assemble, feels very durable and high quality, and is also very comfortable. This is hands down the nicest sofa I’ve ever owned; I’m so happy with this purchase.”

One shopper even praised the material for its pet-proof prowess. “This sofa is super cute, stylish and comfortable. I have a cat, and now I have to get pet-friendly furniture, so I’ve changed all my furniture to velvet. I put this sofa together myself and it was easy. I love that it’s so vibrant. My place looks like a Crayola box, but that’s what I love.”

Cons 👎

Some purchasers noted the firmness of the cushions, which, in general, people tend to have strong options about — both in favor of and against.

“I love the color and the style. The seats are a little firmer than expected. I would probably need something to cushion it if someone were using it to sleep on," said a reviewer.

This commentator had an easy solution to up the softness for sleeping. “This convertible sofa looks great in my remodeled family room. It’s on the firm side, which I personally like. It folds out like a futon and I put a twin bed on top to make it softer for guests.”

And, it seems, a little padding is all that’s needed for overnight use. “It’s a little stiff, but I fell asleep on it right after assembling it. I got some throw pillows and blankets to make it comfier. I also plan on getting a mattress topper. At 5’ 9", I’m able to stretch out fully.”

Like a jewel-toned green? Then you'll be sitting pretty here. This sofa is also available in a number of other colors, too. 

$283 at Wayfair

The reviews quoted above reflect the most recent versions at the time of publication.