Over the top closets are kind-of my thing. I'm a firm believer that the space my clothes live in should be as pretty as the clothes themselves. So when we renovated our master bathroom, we decided it was time to upgrade our conservative master closet as well.
For storage, we purchased components from the Closetmaid "Impressions" line, which is now available in a beautiful walnut color. Unfortunately, the wood is laminate, but the system looks great, was affordable and fit our needs. We bought everything online through Home Depot and spent just over $1,000 for all of the shelving, built-ins, rods and drawers. I'll warn your, there is a good amount of assembly and customization involved, however, we're very happy with the end result!
To really set off the space, we wallpapered the ceiling with a stunning Tempaper removable wallpaper in the "Marrakesh Bronze Grey" pattern. It's peel and stick and fairly simply to apply. I'd recommend having as smooth of a surface as possible to begin. That will make a huge difference. Make sure you have a squeegee on hand to smooth out the bubbles. Also, as with any wallpaper, buy extra, because you'll need to line up the repeat. It turned out so beautifully, I'm already pondering future projects.
The closet was finished with an inexpensive faux-crystal chandelier we found on sale at Home Depot! I generally like to invest in quality light fixtures, but I the ceilings are very high and it's such a small space, you really can't tell it was so inexpensive.
After just a few relatively simple changes, our closet is finally both functional AND beautiful!