This is the place on the dining table I set up my sewing machine (I haven't sewn in over a month now because I've just been too busy). Usually when I'm sewing there's piles of fabric and a cutting mat strewn out too. I always sit on a couple of cushions so I'm at the right height and don't strain my back.
I actually like sewing in the living area because I'm right in the middle of things and I don't have to remove myself from the action to sew.
I'm very lucky to have such a big dining table to use, it's great for supporting the weight of the quilt when quilting. I wish I could use the shelves under the stairs for my fabric stash, but they are full of kids toys. If you're wondering about the rope on the stairs - Sarah loves tying things.
I do keep my sewing books nearby though.
I keep my sewing bits and pieces under the cot and get them out when I need them - notice the threads in the icecream container!
And my fabrics are upstairs in a small cupboard.
I have a bit of a stash, but it's not that big - mostly fat quarters. I tend to keep them together in collections. Maybe that's why I tend to make quilts using a designer's collection, because I don't have enough of a stash to pull together lots of different fabrics. I'm quite frugal with buying and using fabrics, but I'd like to try mixing up collections a bit more.
After I have made a quilt I put the scraps in a plastic bag and push it to the back of the cupboard. Not the best storage solution, but I pretty much know what is there. I don't have that many fabric scraps because I use most of them in the quilt or the quilt back (again, that frugal side of me).

I certainly want to build on my solid fabric collection.
My batting (I like cotton or cotton/bamboo batting) is quite content in a large zipped bag in the garage!
And I use my bed as a design wall. I lay the blocks out, then stand on a chair, and take a photo to see if it looks balanced.
So there you have it - an honest view (well I did do the dishes before taking the photos) of where I sew and keep my stash. Maybe one day I'll have a dedicated space, but in the mean time, I'll just keep creating in the spaces around me.