Host Ellen DeGeneres shares a moment with winning furniture designer Katie Stout, who nabbed the top prize on Ellen’s Design Challenge by creating a multipurpose piece.

“This genius product turns two ho-hum items into one clever mash-up," says Katie. "I can’t believe no one thought of this combo sooner. I’m totally jealous!” Above Edge metal ironing board and stepladder combo (34 3/4"-tall as a stepladder), $71, wayfair.com

“I love that there’s no hint this hanging chalkboard hides a table and storage cubbies," says Katie. "It’s such a smart way to make a wall work harder—and to conceal gift wrapping clutter.” American Crafts wood gift wrap station (32 1/2"W x 5 1/4"D x 32 1/2"H as a chalkboard), $300, papersource.com

“How impressive is this? The wood chair fits perfectly into what’s usually wasted space around the drawers, and the desk pops up from the side. It’s an instant rolling office! Plus, you get a real chair," says Katie. "None of that flimsy folding chair nonsense.” Ludovico plywood office (20 1/2"W x 18 1/2"D x 35"H as a file cabinet), $799, expandfurniture.com