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Home Communities Mahogany 40 Masters Common SE
$820,000 Active
40 Masters Common SE · Calgary · T3M 2B4
3 bd 3.0 ba 2,477 sqft $331/sqft Built 2014
MLS® A2309373 · Listed May 7, 2026
Listed by eXp Realty — Sukh Pangly
By the numbers

How this listing measures up

$/sqft $331
vs Mahogany median +10% community avg $743K
Sqft per bedroom 826
Year built 2014
Annual taxes $5,426 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 152 active residential listings in Mahogany, this property at $331/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 · 34 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 · $331
Other active listings This listing's price range This listing

About this property

Located in the highly sought-after community of Mahogany, welcome to 40 Masters Common SE — where lakeside living meets modern luxury in one of Calgary’s premier lake communities. This turnkey front-drive home offers 3 bedrooms, 2.5 bathrooms, and over 2,400 sq. ft. of thoughtfully designed living space, with immediate possession available so you can settle in before summer and start enjoying the lake lifestyle right away. The main floor features a bright and open-concept layout filled with natural light, designer finishes, and exceptional functionality. Enjoy both a spacious living room and family room, perfect for entertaining or everyday living. The chef-inspired kitchen is beautifully appointed with stainless steel appliances, quartz countertops, and ample cabinetry, creating the ideal space for hosting family and friends. Upstairs, you’ll find a massive bonus room, a convenient upper-floor laundry room, and a stunning primary retreat complete with a spa-inspired ensuite. Two additional generously sized bedrooms and a bright shared bathroom with a large window complete the upper level. Every inch of this home has been carefully designed with comfort, style, and practicality in mind. Step outside and discover why Mahogany is one of Calgary’s most desirable communities, offering private lake access, beaches, scenic pathways, parks, schools, restaurants, and an unmatched family-friendly atmosphere. Conveniently located near Stoney Trail and Deerfoot Trail, you’re just minutes from shopping, dining, schools, and easy access throughout the city. Homes like this rarely stay available for long. Lakeside living. Front-drive convenience. Immediate possession. Welcome home.

Property details

Bedrooms3
Bathrooms3.0
Style2 Storey
HeatingForced Air
CoolingCentral Air
FlooringCarpet,Hardwood,Tile
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresBreakfast Bar,No Animal Home,No Smoking Home,Open Floorplan,Quartz Counters,See Remarks,Vinyl Windows
AppliancesCentral Air Conditioner,Dishwasher,Dryer,Electric Stove,Garage Control(s),Range Hood,Refrigerator,Washer,Window Coverings
InclusionsN/A
LaundryIn Unit,Laundry Room,See Remarks,Sink,Upper Level
Lot size3730.00 sqft
Frontage32.94 ft
Lot featuresBack Lane,Back Yard,Front Yard,Landscaped,Rectangular Lot,See Remarks
Exterior featuresBBQ gas line,Other,Private Yard
FencingFenced
PatioDeck
Year built2014
Construction materialsBrick,Stucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total4
Annual taxes$5,426
Tax year2025
Possession15 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresClubhouse,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.
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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: eXp Realty — Sukh Pangly.