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Home Communities Mahogany 242 Mahogany Place SE
$1,650,000 Sold
242 Mahogany Place SE · Calgary · T3M 1W3
4 bd 4.0 ba 3,302 sqft $500/sqft Built 2013
MLS® A2310899 · Listed May 15, 2026
Listed by Real Broker — Dean Martin
By the numbers

How this listing measures up

$/sqft $500
vs Mahogany median +122% community avg $742K
Sqft per bedroom 826
Year built 2013
Annual taxes $8,776 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 150 active residential listings in Mahogany, this property at $500/sqft sits in the $450–500 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 · $500
Other active listings This listing's price range This listing

About this property

Welcome to "The Waters" of Mahogany — Where Luxury Meets the Lake. This is one of those rare homes you don't forget. Sitting on a massive pie-shaped lot on a quiet cul-de-sac, backing directly onto greenspace with access to a semi-private dock — this property offers something you simply can't buy: a lifestyle. Over $450,000 in premium upgrades have been invested over the past couple of years, and it shows in every detail. From the moment you step inside, the wainscotting feature wall and hand-scraped hardwood floors set the tone. The front den with glass French doors and in-ceiling speakers is ready for your home office. The living room soars open to above, anchored by a dramatic floor-to-ceiling tile gas fireplace — a stunning focal point in an open, airy space. Natural light floods the dining room through a cantilever window design — a beautiful space to host family and friends through every season. The kitchen is the heart of this home. Creamy white cabinetry with gold bar-pull hardware pops against a dramatic black linear tile backsplash, while glass pendants with brass fixtures cast a warm glow over the space. The appliances match the ambition: Fisher & Paykel double-sized fridge, Viking gas cooktop, KitchenAid built-in oven/microwave combo, Bosch dishwasher, and a bold stainless steel chimney hoodfan anchored by a large island with soft-close cabinets built for both cooking and gathering. A dedicated tech area and walk-in pantry keep the home running smoothly behind the scenes. Step out onto the upper deck — completely transformed with a full Suncoast three-season enclosure, electric screens, blacked-out railing, new pergola, and outdoor speakers. Below, a stamped concrete path leads to a tiered landscaped yard, an extended lower patio, and a brand-new saltwater hot tub with its own 50-amp electrical service — all professionally completed and surrounded by mature new trees, fresh sod, and a fully redesigned irrigation system. The exterior facelift — new paint, garage door, and doors — gives this home serious curb appeal. Upstairs, a central bonus room with iron spindles overlooks the two-storey windows and delivers downtown Calgary views. The primary bedroom is a true retreat: spacious, flooded with light, with views of the city skyline and a five-piece ensuite featuring a centre soaker tub, stand-alone shower, dual sinks, and a storage tower. Two generously sized kids' rooms each have walk-in closets. The kids' five-piece bathroom features dual sinks and heated floors. Laundry is conveniently located on the upper level with direct access to the primary. The fully finished walkout basement adds 1,470 sq ft of living space — a massive rec room roughed in for a bar and projector, two additional bedrooms, and a four-piece bathroom. Step out to the sheltered concrete lower patio for year-round convenience. Additional features include: Kinetico water softener, reverse osmosis system, tankless hot water, new furnace motor, underground sprinklers, security camera.

Property details

Bedrooms4
Bathrooms4.0
Style2 Storey
HeatingForced Air
CoolingCentral Air
FlooringCarpet,Hardwood,Tile
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar
AppliancesBuilt-In Oven,Central Air Conditioner,Dishwasher,Garage Control(s),Gas Cooktop,Microwave,Range Hood,Refrigerator,See Remarks,Tankless Water Heater,Washer/Dryer,Water Softener,Window Coverings
InclusionsN/A
LaundryLaundry Room
Lot size8675.00 sqft
Frontage114.51 ft
Lot featuresBacks on to Park/Green Space,Cul-De-Sac,Greenbelt,Pie Shaped Lot,See Remarks,Views
Exterior featuresFire Pit
FencingFenced
PatioDeck,Patio,Pergola,Screened,See Remarks
Year built2013
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total5
Annual taxes$8,776
Tax year2025
Possession60 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresLake,Park,Playground,Schools Nearby,Shopping Nearby,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: Real Broker — Dean Martin.