We love this headboard. Look at how the fabric-covered panels fold to slightly enclose the space around the bed. It feels so intimate and comfortable. This particular headboard looks custom-made, but we're thinking you could do something similar with a folding screen/space divider. It could also be a rather simple DIY.
Two folding screen headboards we've featured before:
These two examples aren't quite wide enough, though, to enclose the space at the sides of the bed. What would be perfect is a three-panel screen with a wide center panel and narrower hinged side panels.
Okay, now that we've covered the headboard idea - how about that amazing rug and the wall/trim colors? We never would have thought of this combination but it's gorgeous. Image: House to Home