Need help for mini bar / lounge in 3rd floor room
Hi, I'm new here but hope I can get some good ideas/feedback on this! We have a 3rd floor "bonus room" that was originally set up as a game room when we first moved in to our townhome. We have since sold the pool table and are trying to sell the bar table/stools, which all came with the house. We are in our late 20s with no kids yet, so we want to create a hangout room for our friends to drink and hang out in, as well a place where our nieces, nephews, and future kids would be ok hanging out in.
Our ideas so far: We want to cover one entire wall with dry erase paint (the wall to the immediate left of the picture), so friends and family can doodle and leave notes. We also want to add a TV (on the far right wall in the pic), karaoke machine, lounge furniture, comfy chairs, little bar area to hold drinks and snacks (thinking on the long wall close to the left dry erase wall), low table, and some communal games like jumbo Jenga or Connect Four. We're thinking of a gray, white, and teal color scheme. The carpet is a forest green that we hate so we want to cover it up with a big area rug but still have colors that go with it. There is also a half bathroom not pictured, directly across from the long wall.
What do you all think? Any suggestions on how to make it even more comfy and inviting to hang out in and have fun in? Our budget is only about $1000 since it's an "extra room" and our taste is modern and simple, so we're looking at Ikea, PBTeen, CB2, Target, etc. And the big thing I need help with - what should I do to create a small bar area in the corner? We like the Swig Mini Bar from CB2 but it's a little expensive ($400) considering our budget for the whole thing, so trying to find other cabinets, tables, or furniture that could have the same function in storing bottles, glasses, shakers, etc. I appreciate any help! (Sorry for the super long post!!)
Our ideas so far: We want to cover one entire wall with dry erase paint (the wall to the immediate left of the picture), so friends and family can doodle and leave notes. We also want to add a TV (on the far right wall in the pic), karaoke machine, lounge furniture, comfy chairs, little bar area to hold drinks and snacks (thinking on the long wall close to the left dry erase wall), low table, and some communal games like jumbo Jenga or Connect Four. We're thinking of a gray, white, and teal color scheme. The carpet is a forest green that we hate so we want to cover it up with a big area rug but still have colors that go with it. There is also a half bathroom not pictured, directly across from the long wall.
What do you all think? Any suggestions on how to make it even more comfy and inviting to hang out in and have fun in? Our budget is only about $1000 since it's an "extra room" and our taste is modern and simple, so we're looking at Ikea, PBTeen, CB2, Target, etc. And the big thing I need help with - what should I do to create a small bar area in the corner? We like the Swig Mini Bar from CB2 but it's a little expensive ($400) considering our budget for the whole thing, so trying to find other cabinets, tables, or furniture that could have the same function in storing bottles, glasses, shakers, etc. I appreciate any help! (Sorry for the super long post!!)

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I believe there is special floor paint, check with the paint dept at Home Depot or Lowes.
And I would also paint one of the walls with chalkboard paint instead of dry erase...It comes in different colors now as well. You could even make it gray instead of black if you wanted to. One last note....DART BOARD! :)
The bar cabinets are exactly what I've been looking for! My husband likes this one: http://www.atgstores.com/home-bars/monarch-specialties-i-2545-wine-storage-bar-cabinet_g1294358.html?linkLoc=quickView
I like this one in white: http://www.atgstores.com/home-bars/coaster-fine-furniture-10016-bar-table_g1237750.html?isku=9218216&linkloc=cataLogProductItemsImage
Thank you for these awesome suggestions! I'll keep looking but I feel much better than this is totally doable with our budget. :)