Little Lucy Lu: Ladder Laundry Rack. This is a brilliant use of space. I would use hangers to hang delicates and other things to dry. In a mud room/laundry room, hooks would be great to hang wet jackets and snow pants.
A small nook with a light, shelves, and drawer storage. Not only is it relaxing but it would make great use for the space under stairs, especially in a finished basement. It also looks comfy enough for children to use for sleep overs or severe weather.