Wayfair Is Selling a 'Perfect' $745 Sofa on Sale for Only $216 — but Hurry, the Deal Ends Soon

Parade aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Wayfair's Black Friday in July sale has given us some incredible savings that we likely won't see again until November — especially on big-ticket items. We've focused on finding the absolute best deals , and recently uncovered an amazing couch that shoppers are obsessed with.

This convertible sofa from Novogratz is super-popular with shoppers, with over 4,000 awarding it a perfect five-star rating. Right now you can score up to 71% off on this piece, which saves you over $500 off the original price.

Novogratz Brittany Round Arm Convertible Sofa, From $216 (was $745) at Wayfair

What initially drew us to this couch (other than the incredible markdown) is its sleek and modern design. It has tufted seat backs with thick cushions that provide a firm, yet comfortable feel. It measures just shy of 82 inches long and about 32 inches tall, which is plenty of room to fit up to three people comfortably. Its overall look is simple, but that's what's so great about this sofa, because it can easily match any type of home decor theme.

Better yet, this sofa can serve two purposes for the price of one. The back cushions are able to lay down flat to create a full-sized bed for anyone that may need a place to stay the night. It's a great addition for any living room, or even a smaller guest room that can't necessarily fit a full bed frame.

Related: Wayfair Has a 'Gorgeous' $930 Velvet Couch on Sale for Just $266, and Shoppers Are Rushing to Buy It Before It's Gone

In fact, that's what shoppers say this sofa is made for. One shopper calls it "perfect for guests when you have a small space," and another says that overall it's "excellent in quality," especially at this low price point. You can pick it up in several different colors as well, and reviewers say they love having so many "beautiful" options that can add a "very cute" touch to any space.

If you're looking for a new affordable sofa that serves a dual purpose, jump on this Wayfair deal ASAP before it's too late.