Pick up these crates at Michaels for about $4. Stain or paint. Add a pair of shelve racks from Home Depot and Wa La...you have an attractive storage unit for towels or anything else that requires easy access. (note: Reinforce the crate by securing with screws through the wood into the wall.)
create a modern ceiling medallion with a wall decal or stencil and paint!
Long photo ledge over a couch.