Design & Comfort's Updated Murphy Bed with Shelf
While it's just a riff on the traditional Murphy bed design, this variant by "Design & Comfort" hides a sofa underneath and uses a flip-down bookshelf as its legs. You can have Design & Comfort build you one for an unknown price. I'm in the market for a new bed and would love something like this, but it's probably out of my price range, especially since they seem to be based in New York, land of ridiculous furniture prices.
Product Page [DesignAndComfort.com via Freshome]

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Oh man we have a spare bedroom that is screaming for something like this.
It would allow us to use it for other stuff, but I'm having trouble bringing the wife around to the idea.
Thanks for the timely story and PICS! :D
Actually, this is the NuovoliolĂ bed by an Italian company called Clei.
They specialise in great looking, space saving furniture like that, so here's some more for you to drool over :)
http://clei.it/en/home
Katti
Ah, Katti, why must you torment!
I love how the back cushions just magically appear in the fourth frame. Ta-daaa!
I've lived in apartments that had murphy beds. They're brilliant.
Joel, these guys are hardly your only source for the things. Note: you can also buy just the specialized hardware and build your own.
http://www.murphybedcompany.com/home.php?section=models
http://furniture.about.com/od/bedroomfurniture/bb/murphybeds.htm
http://abc.eznettools.net/techlinestudio/wall_beds/index.html
http://www.manhattancabinetry.com/murphy_beds/page_2.html
http://officialsite.com/asp/officialsite.asp?RegionID=30&CategoryId=28&Listingid=6985
http://nymag.com/news/intelligencer/22000/
http://www.wallbedfactory.com/murphy-bed-no-sales-tax.html
http://www.myhomeimprovement.com/?m=24&page=prev_list&cid=68
http://www.inovallc.com/cont_tablebed.html
http://www.wallbedsystems.com/
http://www.modernwallbeds.com/
http://murphybedsystems.com/index.asp
http://www.wallbedsbywilding.com/
http://www.murphybeds.com/?gclid=CLS1zsOfgI8CFSBMGgodXkh22g
http://www.kitchensource.com/laundry/ha-1135.htm
http://www.metaefficient.com/bedding/murphy-beds-or-.html
http://www.murphybedproducts.com/aboutus.htm
http://www.murphybedsdirect.com/newyork.htm
Also, there's a Murphy bed place on 72nd just west of Broadway, south side of the street, second floor. I don't know whether it's any of the companies listed above.
Holy crap, Teresa! Thanks!
I bought a fantastic wallbed from Wallbedsystems.com. Bec it came from Ohio there was shipping but no tax. I bought a floor model, stained and assembled it with friends. A fair bit of work but very reasonable ultimately. Kits without the wood are available on EBay as well but I think this was cheaper. Every guest I have loves the wallbed.
Lisa
I saw your site and found your list of possible Murphy bed vendor very helpful. I made a purchase from Old Creek Wall Bed Factory last month, I found that their designs were just what I was looking for, not to mention I did not pay sales tax!
Thanks!
Melissa