I like the way Trance shows your bed on the window wall w/o the heater. But I have a couple of options, and will also ask a couple of questions. 1. Do you use your chest as a 2nd end table? 2. What size are your speakers on either side of the TV? 3. Is the endtable speaker a really small one, which I think it to be? Ok, now for what I consider as worth a try anyway. 4. Turn your bed on the diagonal in the corner between the two windows. This will create a vacant corner where you can then hide some long term storage items that you do not access often. When I did my room that way, I put about 5 fixed-louver door-height shutter panels behind the headboard, and hung a couple of pictures on there. 5. Put the CHEST over there where Trance shows it, NW wall. 6. Put the end table on the opposite side of the bed, close to the SW window. 7. Hang a sconce or a shelf above the end table, then place that small speaker on the sconce (keeping the power cord etc as hidden as possible.) 8. Replace that closet door with a pair of bifold shutter doors available at Lowes/HomeDepot, made by JennWeld I think, cost about $80 and they come painted white or unfinished. We used those, without the tracks, and just hinged them to the door frame like a regular door. You might can LEAVE the TV where is presently is, but experiment with moving one of the speakers over to the tub wall. Is that media stand really necessary? And do you expect to change out your TV for a flat panel any time in the (near) future? Of all the space saving ideas, that will help the most. And if those are big honking speakers that are floor models, can you perhaps turn them on their sides and put them on the wall above the TV and the closet door? Considering that this will reduce the items on the floor, it will appear much more open. Just make sure your headroom is adequate if you are tall. What ceiling heights do you have in this apartment? Do you own the house, or just lease this apartment? If leasing, would there be a restriction on any architectural changes, like hanging shelves or changing the closet door? Here are the bifold doors in my house:we used two pair though for a wider closet. And here is the corner bed arrangement. We had just moved in and I forgot the shutters were not up behind this bed. I used the same placement behind another bed, but those pics are not on my computer. So sorry. It looked beautiful, and the shutters hid all the rods/reels/lifejackets/tackleboxes. This bedroom is 11.5 x 11.5 and not much different in size from yours. AND, wall mounting your TV with a "floating" shelf beneath it would look something like this: our TV is 37" flat panel. The floating shelf holds the DVD player, the cable box.

Thanks all for the replies. The floorplan/construction was already done by the seller, so I didn't have a say in the bathroom unfortunately. There are pantries and closets - just missing in the floorplan :) As for dining area - this is a good point.. I was thinking of just using the island for dining area for now since it's just me... maybe replacing the "media" area with a dining table instead? I was actually hoping to shy away from a TV in living room altogether.. so it could work! Thank you for all the suggestions.

Nice space. How far do you want to go? Where do you want your color to come from? I would start with large tribal rugs. Then choose your wall color. You may find that with beautiful oriental rugs amd some striking pillow fabric you dont need paint to continue the effect. Good luck!

I like the 2nd one better. the darker palette seems more in keeping with today's floral trend, whereas the first pic looks like something my grandma would have chosen in the 80s. the scalloped edge doesn't bother me. I think it's because the other items in that room are not very girly. the simplicity of the sisal rug offers a counterbalance. also note how uncluttered the room is in general. as for the wall color, I feel like we need more info. can you post pics of your guest room? I'm curious to know what color the flooring is, and what you're thinking for other accessories.