I've been looking at these flexible hoses for a while now and was even more interested when I saw there is/was(?) a bucket that hangs over the faucet to store it in. The bucket only seems to be on Ebay these days and sells for big bucks. I knew there had to be another idea... Now, in a perfect world this little basket would be white. But this is ~my~ world and sometimes I just have to make do for now:@) Note: Dollar Tree has two similar oval baskets in a few colors, you'll need the bigger, taller one.
Simply put the back handle over the faucet first, then screw the hose fitting to the faucet, tuck the hose inside the basket and loop the front handle over the knob. Nice and neat! I'll ask my son to drill a couple holes in the bottom to make sure water doesn't pool in the bottom.
When it's time to use it, lift the front handle off the faucet knob and pull the hose out. Easy-peasy!
A super simple $1 solution for hose storage that doesn't take up any room and can't be tripped over.