Honestly - Trash or Treasure?

The garage is starting to look like a flea market - or a junk yard, I'm not sure which - I've been not-so-slowly filling it up with furniture & stuff! My new (to me) craft desk is in the back with my $6 chair laying on top; next is the vanity for my bathroom which was delivered yesterday (funny story, see below*), and in the front is a desk for Evie we found on Craig's List. Which brings me to the purpose of this post:

This desk was listed as a "Vintage Ethan Allen Desk", solid wood. As you may already know, Craig's List doesn't let you enlarge images so you have only a small, probably blurry picture to view. I've been looking at desks like this for a while and my only major requirement was that it be solid wood, no laminate. Vintage Ethan Allen, solid wood, I figured we were good to go. Being that we live about an hour or more from most of the listings, Matt picked it up for me on his way home yesterday, sight unseen by me.

I wasn't quite expecting the 'Early American late 70's early 80's Distressed Pine' appearance of this beauty. My intention all along has been to paint it, probably an antique white, and replace the knobs & maybe drawer pulls. It's in really good shape for what it is; but there is a fair amount of 'distressing' on the drawer fronts (enlarge the pictures, if you don't mind) and I'm not sure how that will look when all is said and done. We probably paid a little more than we should have, so before I invest any time and effort into this - do you think it's worth it? Or should I just try to sell it on CL and keep looking?


* The delivery information on the vanity from Overstock said "White Glove Delivery" within 1-6 weeks, and I was told we would receive a phone call prior to set up a time to receive it. Yesterday I left the house for all of 1/2 hour in the afternoon and came back to find the garage door up and this old beat-up pickup truck backed halfway into it. All I could see as I pulled up was the truck, two guys, and a flurry of activity. My first thought was, we're being robbed! I KNOW I put the garage door down when I left! Then my brain started halfway working and I started to notice other details - Matt in the background, packing material - and I realized it was the vanity being delivered. Um, thanks for the 15 minutes notice, what if we hadn't been home?? The not-so-clean-shaven delivery men unpacked it and were happy to leave it in the garage and take off. Matt made the comment that it was going to suck to move into the house & I said, oh we had White Glove Delivery, they would have put it anywhere we wanted. He wanted to know why I didn't mention this while they were still here. My only excuse is I thought that we were being burgled and never really got beyond that thought until after they left. I guess it's a good thing we work out.