Is this bed a good value at $246.99?

At $246.99 at Wayfair as of November 7, 2026, it is a low price for a velvet bed with storage and LED lighting. It is the only new price listed, so there is no recent range to judge a discount against.

Does it need a box spring?

It is a storage platform bed, so it is designed to support a mattress without a box spring. Check the listing for the recommended mattress thickness and weight limit.

How does the LED lighting work?

The LEDs are built into the headboard and need power routed to the bed, usually with a cord to a nearby outlet. There is no battery option described.

How much storage does it offer?

It has a storage compartment under the frame, but the capacity is modest compared with a full under-bed drawer system. Reviewers often say it holds less than expected.

What is the frame made of?

The frame is manufactured wood, not solid wood. Owners describe it as lightweight, so it suits normal bedroom use rather than heavy daily wear.

When is the price lowest?

Wayfair runs frequent sales, and holiday weekends are when furniture discounts are deepest. Ask our agent to watch the price if you are not in a hurry.

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Wrought Studio Velvet Upholstered Bed with Storage and LED Lights

Best price now

$246.99at WayfairObserved at 12:43 PM

Prices are checked against each store and labelled with when.

Visit Wayfair

Wrought Studio Velvet Upholstered Bed with Storage and LED Lights

Best price now

$246.99at WayfairObserved at 12:43 PM

Prices are checked against each store and labelled with when.

Visit Wayfair

Ask our agent about this product

It checks today's price at every store, compares the alternatives and answers in about a minute.

Our take on the Wrought Studio Velvet Upholstered Bed with Storage and LED Lights

This is a wingback upholstered platform bed in velvet with a built-in storage compartment and LED lighting in the headboard. The wingback headboard and LED glow give it a hotel-look bedroom centerpiece, and the storage space under the frame is the practical draw. At $246.99 at Wayfair as of November 7, 2026, it is the only new price listed, so there is no recent range to compare it against.

Best forShoppers who want a statement velvet bed on a budgetSmall bedrooms that need hidden storageAnyone who likes LED accent lighting in the headboardAdults furnishing a guest or primary bedroom

Pros

Velvet upholstery with a wingback headboard for a plush look
Built-in storage helps with small rooms
LED lights in the headboard add ambient lighting
Platform storage design avoids a separate box spring in most setups
Low price for a bed with both storage and lighting

Cons

Manufactured wood frame, not solid wood
Storage access and capacity are limited compared with a full storage bed
LED lighting needs power routed to the headboard
Velvet needs care around stains and pets

Wrought Studio Velvet Upholstered Bed with Storage and LED Lights prices at every store

WayfairNew
In stock
$246.99Observed at 12:43 PM
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Wrought Studio Velvet Upholstered Bed with Storage and LED Lights price history

Lowest price we've seen: $246.99 on Nov 7 at Wayfair. Tracked across 1 store since Nov 7.

What reviewers say

4.4 / 5262 ratings

Rated 4.4 out of 5 from 262 ratings, buyers generally like the look and value of this bed. Common praise centers on the velvet finish and the LED headboard, while some note the frame and storage feel basic for the price.

What people mention

LookPraisedBuyers say the velvet and wingback headboard give the bed a more expensive look than its price.
LED lightsMixedThe headboard lighting is liked, but some find the wiring fussy to set up.
StorageMixedThe under-bed storage is useful, though several say it holds less than they hoped.
BuildCriticisedSome owners describe the manufactured wood frame as lightweight and less sturdy than expected.
AssemblyMixedAssembly is doable for most, but a few report the instructions and LED hookup taking extra time.
Velvet careCriticisedA few note the velvet shows marks and needs regular cleaning.

Specifications

Headboard Type: Wingback
Headboard Material: Upholstered
Wood Type: Manufactured Wood
Type: Storage Bed
Subtype: Storage Bed
Age Range: Adult

Questions and answers

Is this bed a good value at $246.99?: At $246.99 at Wayfair as of November 7, 2026, it is a low price for a velvet bed with storage and LED lighting. It is the only new price listed, so there is no recent range to judge a discount against.
Does it need a box spring?: It is a storage platform bed, so it is designed to support a mattress without a box spring. Check the listing for the recommended mattress thickness and weight limit.
How does the LED lighting work?: The LEDs are built into the headboard and need power routed to the bed, usually with a cord to a nearby outlet. There is no battery option described.
How much storage does it offer?: It has a storage compartment under the frame, but the capacity is modest compared with a full under-bed drawer system. Reviewers often say it holds less than expected.
What is the frame made of?: The frame is manufactured wood, not solid wood. Owners describe it as lightweight, so it suits normal bedroom use rather than heavy daily wear.
When is the price lowest?: Wayfair runs frequent sales, and holiday weekends are when furniture discounts are deepest. Ask our agent to watch the price if you are not in a hurry.
Where is the Wrought Studio Velvet Upholstered Bed with Storage and LED Lights cheapest?: At Wayfair, for $246.99, as of our latest check.
What do buyers say about the Wrought Studio Velvet Upholstered Bed with Storage and LED Lights?: Rated 4.4 out of 5 from 262 ratings.

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