I finally stained these custom shelves and hung them last week. It took me a few tries to find the studs despite my new stud finder. The holes aren't easily visible with the mugs hanging.
The pegboard is currently resting on the floor and serving as another pop of color until I can figure out what I want to use it for.
Everything pictured except the white dishes (Target) and the blue and yellow bowls (Urban Outfitters) were thrifted. The aforementioned were purchased at a highly discounted price. Oh, and the yellow and white juice glasses were purchased from another vintage online store.