By the numbers
How this listing measures up
$/sqft
$413
vs Mahogany median
-13%
community avg $742K
Sqft per bedroom
393
Year built
2019
Annual taxes
$4,181
2025
Mahogany avg DOM
44d
$/sqft distribution
Where this listing sits in Mahogany
Of 150 active residential listings in Mahogany,
this property at $413/sqft
sits in the $400–450 range.
Other active listings
This listing's price range
This listing
About this property
OPEN HOUSE SATURDAY, MAY 23, 12:00-2:00. Welcome to 123 Magnolia Square SE. This beautifully maintained, fully developed 4-bedroom, 3.5-bathroom home in Mahogany is ideally located just steps from the Royal Blue Park and a short walk to the main beach. Offering over 2,350 sq. ft. of developed living space, this home features a rare front porch elevation, allowing you to enjoy sun exposure at both the front and rear of the property. The main floor showcases luxury vinyl plank flooring and a beautifully upgraded kitchen complete with 42" upper cabinets, quartz countertops, a large central island, full-height subway tile backsplash, and stainless steel appliances, including a gas range, hood fan, and built-in microwave. A large window above the sink fills the space with natural light and offers the perfect vantage point to watch the kids play in the backyard while preparing meals. The dining area comfortably seats 8, making it ideal for both everyday living and entertaining. Upstairs, the spacious primary suite features a 5-piece ensuite with dual sinks, a soaker tub, and a separate shower. Two additional well-sized bedrooms, a 4-piece main bath, and a convenient upper-floor laundry room with ample storage and countertop space complete this level. The fully developed lower level offers a generous rec room currently set up as a theatre space, a fourth bedroom with a walk-in closet, a 4-piece bathroom, and two separate storage rooms. Additional highlights include central A/C, an 8’ foundation, paved back lane, BBQ gas line, rear double parking pad, and a fully landscaped and fenced yard. Located in Calgary’s premier four-season lake community, Mahogany offers an unmatched lifestyle with year-round access to the private lake, beaches, skating, paddleboarding, tennis courts, pathways, playgrounds, and community events. Residents also enjoy incredible amenities nearby, including schools, shopping, restaurants, cafés, fitness studios, grocery stores, and quick access to both Stoney Trail and Deerfoot Trail, making everyday living as convenient as it is enjoyable! Book your showing today!
Property details
| Bedrooms | 4 |
| Bathrooms | 4.0 |
| Style | 2 Storey |
| Heating | Forced Air |
| Cooling | Central Air |
| Flooring | Carpet,Vinyl |
| Levels | Two |
| Basement | Full |
| Basement development | Finished |
| Interior features | Kitchen Island,No Smoking Home,Open Floorplan,Quartz Counters,Separate Entrance |
| Appliances | Central Air Conditioner,Dishwasher,Dryer,Gas Range,Microwave,Range Hood,Refrigerator,Washer,Window Coverings |
| Inclusions | Gate Locks |
| Laundry | Laundry Room,Upper Level |
| Lot size | 2777.00 sqft |
| Frontage | 25.49 ft |
| Lot features | Back Lane,Landscaped,Paved |
| Exterior features | BBQ gas line |
| Fencing | Fenced |
| Patio | Front Porch |
| Year built | 2019 |
| Construction materials | Composite Siding,Stone,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Parking Pad |
| Parking total | 2 |
| Annual taxes | $4,181 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | R-G |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Mahogany |
| Community features | Fishing,Lake,Schools Nearby,Shopping Nearby,Tennis Court(s),Walking/Bike Paths |
| List AOR | Calgary |
Location
Sold comparables in Mahogany
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Sign up to see sold dataAbout Mahogany
AI-generated summaryCalgary'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.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.



