love the painted dresser + DIY Board & Batten wall tutorial. This room has molding on one wall only, which you could do behind crib. Paint the area above molding dark red or chocolate brown and keep rest of room existing khaki.
Applied wall trim, Young House Envy shows you how she made over her dining room with some math skills and a little wood trim. Instant Architecture: Modern Wall Molding Patterns + Trim Ideas | Apartment Therapy