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Home Communities Mahogany 164 Magnolia Terrace SE
$999,000 Terminated
164 Magnolia Terrace SE · Calgary · T3M 3N2
5 bd 5.0 ba 2,848 sqft $351/sqft Built 2022
MLS® A2295649 · Listed Mar 27, 2026
Listed by Grand Realty — Vivian Chin
By the numbers

How this listing measures up

$/sqft $351
vs Mahogany median +35% community avg $741K
Sqft per bedroom 570
Year built 2022
Annual taxes $6,365 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 152 active residential listings in Mahogany, this property at $351/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 · $351
Other active listings This listing's price range This listing

About this property

Welcome to this exceptional former show home, offering over 3,560 sq.ft. of beautifully developed living space in one of Calgary’s most sought-after lake communities. Enjoy year-round recreation just minutes from your doorstep — from skating in the winter to swimming, paddle boarding, and fishing in the summer. Designed with both comfort and functionality in mind, the open-concept main floor is perfect for everyday living and entertaining. The chef-inspired kitchen features full-height white cabinetry, soft-close drawers, and a bright stylish tile backsplash. A striking navy island with quartz countertops provides ample prep space, complemented by a gas cook top, built-in wall oven, microwave, and a spacious pantry. The bright dining area seamlessly connects to the backyard deck, while the inviting living room showcases a modern fireplace and abundant natural light. A versatile main-floor flex room offers the perfect space for a home office, formal dining room, or playroom. The mudroom with direct garage access adds everyday convenience for busy families. Upstairs, you’ll find three generously sized bedrooms, including a luxurious primary retreat complete with a walk-in closet and a spa-inspired ensuite featuring dual vanities, a deep soaker tub, and an oversized shower. A 5-piece main bathroom and an upper-level laundry room with additional storage and a bonus room complete this level. The rare third-floor loft is a standout feature, offering incredible flexibility as a guest suite, media room, home office, or private retreat for teens — complete with its own 4-piece bathroom. The fully developed basement expands your living space with impressive 9-foot ceilings, an additional bedroom, a full bathroom, and a spacious recreation area. A custom wet bar with built-in cabinetry makes it ideal for entertaining. The separate side entrance provides excellent flexibility for multi-generational living, a home-based business, or potential suite development (subject to approval). Additional highlights include air conditioning units for enhanced comfort and built-in speakers. Ideally situated on a quiet street, just minutes from parks, pathways, and the lake, this home offers the perfect blend of style, space, and location. Don’t miss this rare opportunity to own a truly exceptional family home. Home is under Certified New Home Warranty program.

Property details

Bedrooms5
Bathrooms5.0
Style2 and Half Storey
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringCarpet,Ceramic Tile,Vinyl Plank
Levels2 and Half Storey
BasementFull
Basement developmentFinished
Interior featuresDouble Vanity,Kitchen Island,No Animal Home,No Smoking Home,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,See Remarks,Separate Entrance,Vinyl Windows,Walk-In Closet(s)
AppliancesCentral Air Conditioner,Dishwasher,Dryer,Garage Control(s),Gas Cooktop,Microwave,Oven-Built-In,Refrigerator,Washer,Window Coverings
InclusionsN/A
LaundryLaundry Room,Sink,Upper Level
Lot size4058.00 sqft
Frontage39.77 ft
Lot featuresBack Yard,Lawn,No Back Lane
Exterior featuresPrivate Yard
FencingPartial
PatioDeck
Year built2022
Construction materialsConcrete,Vinyl Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached,Front Drive
Garage spaces2
Parking total4
Annual taxes$6,365
Tax year2025
Possession30 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsEasement Registered On Title,Restrictive Covenant
NeighbourhoodMahogany
Community featuresClubhouse,Lake,Park,Playground
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.
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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: Grand Realty — Vivian Chin.