I have a wooden box with a latch which is locked with one of those little luggage combo locks. My parents never even come up to my room (top floor of a 4 story apt/townhouse) so the lock is a probably a little overkill. Plus I have idiot friends in my room all the time who would probably start smokin my shit as soon as I turn around for a second so... anyway:

Baggies with weed all in one tupperware container
Axe
Clear Eyes
Bics/Butane Torch
Leatherman
Altoids and Orbit
Oust
Envelope with weed fund (another reason for the lock-about $120 in cash)
Small Bong
Wooden Pipe
Sharpie for marking baggies etc.
Frisbee (kept outside of box) for cutting, grinding, packing, works great because of the lip around the edge and makes it virtually mess free.