Paint your faux stone fireplace. Select a color of wall paint latex suits your taste, either a glossy or matte finish. Clean the chimney with warm soapy water and allow to dry. Protect surrounding areas before painting with dropcloth and masking tape. Use a hand brush to apply the paint. Working from top to bottom and left to right, with smooth, even strokes.
Whitewash his fake stone fireplace to give it an aged look. Apply a coat of white latex stain the surface of the stone. Use a roller or a hand brush to apply the stain and work from top to bottom and left to right. Apply the stain of a small section at a time, and while it is still wet, wipe it with a clean cloth. Continue the process of applying the stain and clean it up get a look you are satisfied with.
Cover the stones with a surround kit, which is available in stores home improvement. Select an envelope that speaks to your style – maple or cherry wood, for example – and position it over the fireplace. Hang a new faux stone fireplace mantel to complete the transformation.