Living room + Home office + Lounge
Most space saving designs include some secret ingredient for multitasking. The key to making this small space functional is a desk equipped with wheels.
You can see in the room plan above that bookcases or open shelving on the opposing wall will alleviate the chore of moving everything out of the room every time you need to switch tasks.
Simple accessories, in the right scale, bring in color and personality.
Living in a small space does not mean you have to live small. Thoughtful rearranging can allow you to do it all.
See this and other space saving room plans at Shelterness.