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Home Communities Mahogany 321 Magnolia Way SE
$695,000 Sold
321 Magnolia Way SE · Calgary · T3M 3S6
5 bd 4.0 ba 1,804 sqft $385/sqft Built 2023
MLS® A2292316 · Listed Mar 25, 2026
Listed by eXp Realty — Ilham Cazac
By the numbers

How this listing measures up

$/sqft $385
vs Mahogany median -6% community avg $741K
Sqft per bedroom 361
Year built 2023
Annual taxes $4,944 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 152 active residential listings in Mahogany, this property at $385/sqft sits in the $350–400 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 23 listings $350–$400/sqft · 47 listings $400–$450/sqft · 32 listings $450–$500/sqft · 15 listings $500–$550/sqft · 6 listings $550–$600/sqft · 2 listings $600–$650/sqft · 2 listings $650–$700/sqft · 10 listings $700–$750/sqft · 3 listings $750–$800/sqft · 2 listings $800–$850/sqft · 2 listings $850–$900/sqft · 2 listings $900–$950/sqft · 1 listing $950–$1000/sqft · 0 listings $1000–$1050/sqft · 2 listings $1050–$1100/sqft · 0 listings $1100–$1150/sqft · 1 listing $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 0 listings $1400–$1450/sqft · 1 listing $250 $350 $450 $550 $650 $750 $850 $950 $1050 $1150 $1250 $1350 $1450 This · $385
Other active listings This listing's price range This listing

About this property

Located in the sought-after lake community of Mahogany, this upgraded and move-in ready home offers over 2,600 sq ft of developed living space, with 5 bedrooms, 3.5 bathrooms, and over $50,000 in thoughtful upgrades throughout. The main floor delivers both function and flow, with 9-foot ceilings and a bright, open-concept layout. A versatile front flex room adapts easily as a home office, sitting area, or playroom. The kitchen anchors the space with upgraded quartz countertops, extended cabinetry, upgraded appliances, and refined lighting and plumbing fixtures. An oversized 8-foot island provides additional seating and workspace, seamlessly connecting the kitchen, dining, and living areas. Upstairs features three well-sized bedrooms, a large bonus room, and the convenience of upper-floor laundry. The primary suite offers a walk-in closet and a well-appointed ensuite, creating a comfortable and private retreat. The professionally developed basement, completed by the builder, offers 9-foot ceilings, fire-rated separation, two additional bedrooms, a full bathroom, and a spacious recreation area. The exterior is equally well considered, with a fully fenced yard, a large rear deck, and a poured concrete pad ready for a future hot tub. The double detached garage is finished with durable Hardie board siding to match the home. All improvements have been completed with permits, and a compliant RPR is available. Mahogany is one of Calgary’s premier lake communities, offering year-round access to the lake, beaches, parks, pathways, playgrounds, schools, and the shops and restaurants of Westman Village just minutes away.With its size, level of finish, fully developed basement, and overall functionality, this property is competitively positioned within the Mahogany market—offering a level of space and upgrades that is increasingly difficult to find at this price point.

Property details

Bedrooms5
Bathrooms4.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Ceramic Tile,Vinyl Plank
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Separate Entrance,Storage,Vinyl Windows,Walk-In Closet(s)
AppliancesDishwasher,Dryer,Electric Oven,Garage Control(s),Humidifier,Microwave,Range Hood,Refrigerator,Washer,Window Coverings
Inclusionsn/a
LaundryUpper Level
Lot size3239.00 sqft
Frontage30.91 ft
Lot featuresBack Lane,Back Yard,Close to Clubhouse,Front Yard,Landscaped,Lawn,Level,Low Maintenance Landscape,Private,Rectangular Lot,Zero Lot Line
Exterior featuresGarden,Private Entrance,Private Yard
FencingFenced
PatioDeck
Year built2023
New construction1
Construction materialsVeneer,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Detached,Garage Door Opener,Garage Faces Rear,Oversized,See Remarks
Garage spaces2
Parking total2
Annual taxes$4,944
Tax year2025
PossessionNegotiable
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresClubhouse,Fishing,Gated,Lake,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
List AORCalgary

Location

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About Mahogany

AI-generated summary

Calgary's largest lake community offers a resort-style lifestyle centred around a private beach club and crystal-clear lake, blending suburban comfort with recreational living. It consistently ranks among Calgary's most sought-after newer communities.

Mahogany Lake is the largest private residential lake in Calgary
The community is master-planned by Hopewell Residential
Residents enjoy year-round lake activities including swimming in summer and skating in winter
Housing
Predominantly single-family detached homes, semi-detached, and townhomes built largely from the 2010s onward, with a growing selection of lake-front and lake-access properties across multiple price points.
Transit
Served by Calgary Transit bus routes with the 69 Street CTrain station reachable via connecting service; the community is car-dependent for most daily errands.
Amenities
Mahogany Village Market provides groceries, dining, and retail on-site, while the residents-only beach club features a splash park, fire pits, and year-round lake access for swimming and skating.
Who lives here
Primarily young families and professionals attracted by the lake lifestyle, newer construction, and strong sense of community in Calgary's southeast.
Full Mahogany community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: eXp Realty — Ilham Cazac.