The best Outdoor Wood Fireplace this year is the Villawood by Majestic. This fireplace keeps it simple and is a great value. There are very few outdoor wood fireplaces that start out around $1200. Especially fireplaces that are made of stainless steel and designed to be used exclusively outdoors. The Villawood can be installed into a framed cavity which lowers the overall installation costs compared to a masonry fireplace. The Villawood is installed with a 10 ½” outside diameter, 8” inside diameter chimney pipe (See the installation manual for venting requirements).