This is the third farmhouse doll bed we have made and it is by far my favorite!
We used Carrington stain which dried in one hour to it's perfect color (just be sure to wipe down after a few minutes as it sets more quickly than the regular oil-based stains). And I sewed the blanket out of a $5 throw I had purchased at WalMart (the same throw made two scarves also!). The mattress was made from a foam mattress topper wrapped in fleece. Since we had all the wood as scrap in our garage, this project cost us nothing!
We donated it to a local tricky tray and it was priced in the $200+ range!