The present invention is an ironing board storage device that removably attaches to a wall and rests on a support surface. The device includes an ironing board moveably mounted within a housing and a lift mechanism operatively engaged with the ironing board that can automatically move the ironing board upwardly from a generally vertical storage position with a distal end positioned beneath the proximal end to a generally horizontal operating position. A guide assembly is operatively engaged with the ironing board to initiate and guide the movement of the ironing board. In addition, the guide assembly secures the ironing board in the operating position.