Weekend Woodworking in a Corner of My Small Balcony

I recently decided to pick up woodworking as a weekend hobby, but my living space is pretty tight, especially since I only have a small balcony to work with. I set up a foldable workbench in one corner, but the limited space makes it tricky to keep tools organized and materials accessible without cluttering the area or blocking the door. I've tried hanging some pegboards and using stackable bins, but it still feels cramped, especially when working on larger pieces. I want to create a functional little workshop spot where I can enjoy sanding and assembling without constantly moving things around or worrying about rain (since my balcony isn’t fully covered). Also, my neighbors are pretty close, so noise needs to be somewhat contained. Has anyone figured out clever ways to maximize a tiny outdoor workspace? How do you balance tool storage and project space without making it feel like a cluttered mess, especially in a balcony that doubles as a relaxation spot?