There are tons of papers available that would go with your midcentury home. Many people tire of a paper quicker than they are ready to redecorate and they can also look dated in a couple of years. Metallic papers were big im midcentury...perhaps a metallic silver paper? Are you also considering paint? You can get it in so many textures and a blue wall to match the blue in your loveseat would be lovely with some midcentury art and sculpture, or photographs on it. A mirrored wall with or without art or sculpture would also work with midcentury. These treatments are easier to adapt should you wish to change the look slightly from time to time. I would suggest replacing your stairrail with chrome or acrylic if that is in the budget...see how well the loveseat frame looks with the fabric? I hope you will post the "after" photos for us to see. Above all, enjoy the process!

There was a similar discussion last week, maybe you can get some ideas from it: https://www.houzz.com/discussions/help-for-exterior-cedar-siding-trim-color-dsvw-vd~661559

Rachel, I guess it depends on your definition of 'modern'. If you want sleek and stark and contemporary, then this piece isn't for you. But I agree with Saratoga that to me this is very 'modern' for its time. It's beautiful as is (which is how I would probably use it if the veneer is good) but its not a priceless antique so it be changed up if that's your style and would go better with other pieces in your house to give it a new life. Either way it has soul that contemporary pieces lack in my opinion. It's a little piece of history and a statement about the industrial time it was created. Including the beautiful mirror.

Love blue tiles. Depending on how much sun and how hot your pool gets in the summer should dictate what color it is. We live in Arizona, so cool blues work best. Our neighbor has brown tile and a dark pebble tech pool. Looks like a swimming hole and gets really hot - 94% water in the summer. They obviously didn't think it through.