When I was little I desperately wanted a cozy bedroom nook to call my own — a room within a room where I could close the doors or curtains and be in a tiny world of my own. Now that I'm grown up, I can still see the appeal of a bed tucked into a alcove!
Maybe take a Guest Bedroom and remove the closet for this bed. Great for extra sleeping space. If the other bed is a trundle as well, I think we could fit up to five people in one room if we had to! Great for sleepovers and visiting family!