Octane has medium grade leather in the config you're looking for. Loveseat will have a left arm seat and a right arm seat that can be put together. I have the Dream with 2 left arm and 2 right arms, which turns into a 4 seat sofa with no arm separating the center 2 seats, if that makes any sense. I don't recall pricing but I think it's right at your range.
Wayfair was selling them cheaper under a different name a while back, fyi.