Calgary Real Estate Geek
Home Communities Mahogany 5 Masters Street SE
$613,000 Active
5 Masters Street SE · Calgary · T3M 2R5
4 bd 3.0 ba 1,796 sqft $341/sqft Built 2017
MLS® A2297137 · Listed Apr 2, 2026
Listed by REMAX Innovations — Maqbool Hussain, Abhijeet Singh
By the numbers

How this listing measures up

$/sqft $341
vs Mahogany median -17% community avg $742K
Sqft per bedroom 449
Year built 2017
Annual taxes $4,279 2025
Mahogany avg DOM 41d
$/sqft distribution

Where this listing sits in Mahogany

Of 150 active residential listings in Mahogany, this property at $341/sqft sits in the $300–350 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 23 listings $350–$400/sqft · 46 listings $400–$450/sqft · 32 listings $450–$500/sqft · 14 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 · $341
Other active listings This listing's price range This listing

About this property

Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities. This beautifully designed two-story residence offers ample space, abundant natural light, and a harmonious blend of modern living and traditional charm. Situated on a corner lot, this home boasts an open-concept layout on the main floor, ideal for contemporary living and entertaining. The spacious living and dining area is complemented by an electric fireplace, while the well-appointed kitchen features a pantry and ample counter space. A rare main-floor bedroom and full bathroom provide flexibility for guests, accommodating multi-generational living or a private home office. Ascending to the upper level, you will discover three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and a luxurious four-piece ensuite bathroom. The upper level also offers two additional bedrooms, a full bathroom, convenient laundry facilities, and an open flex/den area, perfect for a study space or playroom. The unfinished basement holds great potential for future customization, allowing you to design it according to your unique preferences. It also offers a deck and two cars parking at the back and the option for future garage development. Residing in Mahogany Lake means embracing one of Calgary’s most sought-after lake communities, centered around the city’s largest freshwater lake, Mahogany Lake, spanning approximately 64 acres. Residents enjoy year-round recreational opportunities, including swimming, paddle sports, fishing, beach volleyball, skating rinks, and scenic walking and cycling paths. The community hub, Mahogany Beach Club, offers a splash park, picnic and barbecue areas, natural gas fire pits, a fishing dock, and a spacious 21,000 sq ft clubhouse. Nearby, Mahogany Wetlands provide 74 acres of preserved natural habitat and access to over 22 km of walking, jogging, and cycling trails. Conveniently located just minutes from South Health Campus, this home is complemented by excellent nearby schools, including Divine Mercy School and Mahogany School. It delivers the perfect combination of space, lifestyle, and investment potential within one of Calgary’s premier lake communities.

Property details

Bedrooms4
Bathrooms3.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Laminate
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresLaminate Counters,No Animal Home,No Smoking Home,Open Floorplan,See Remarks
AppliancesDishwasher,Dryer,Electric Stove,Range Hood,Refrigerator,Washer,Window Coverings
InclusionsN/A
LaundryUpper Level
Lot size3864.00 sqft
Frontage20.87 ft
Lot featuresBack Lane,Back Yard,Corner Lot,Landscaped
Exterior featuresOther
FencingNone
PatioDeck
Year built2017
Construction materialsWood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOff Street
Parking total2
Annual taxes$4,279
Tax year2025
Possession60 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresLake,Other,Park,Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Mahogany

233 recent sales in Mahogany

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

Sign up to see sold data

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.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Mahogany

Listed by: REMAX Innovations — Maqbool Hussain, Abhijeet Singh.