By the numbers
How this listing measures up
$/sqft
$391
vs Mahogany median
+19%
community avg $740K
Sqft per bedroom
375
Year built
2024
Annual taxes
$5,790
2025
Garage
2 spaces
$/sqft distribution
Where this listing sits in Mahogany
Of 152 active residential listings in Mahogany,
this property at $391/sqft
sits in the $350–400 range.
Other active listings
This listing's price range
This listing
About this property
Move in and enjoy the summer at the Lake all landscaping and fencing completed Welcome to 71 Magnolia Court SE — a stunning, fully upgraded home in the award-winning lake community of Mahogany, offering luxury living, thoughtful design, and incredible income with a legal basement suite.
Built in 2024, this exceptional property features over $87,000 in builder upgrades and showcases modern elegance throughout. The bright and open main floor offers 9’ ceilings, luxury vinyl plank flooring, a spacious living room with an electric fireplace and custom open wood shelving, and a dedicated main floor office perfect for working from home. The chef-inspired kitchen is loaded with upgrades including ceiling-height soft-close cabinetry, crown moulding, an expanded island, pots and pans drawers, built-in microwave with trim kit, chimney hood fan with full-height tile, gas stove, garburator, and added pot lighting throughout. A stylish coffee bar leads into the massive walk-through pantry with extensive shelving for exceptional storage and convenience.
Upstairs, you’ll find 4 spacious bedrooms, upper-level laundry, and a centrally located bonus room ideal for family living. The luxurious primary retreat features a large walk-in closet and spa-inspired ensuite complete with dual sinks, soaker tub, separate shower, and private water closet. The fully legal basement suite offers outstanding flexibility for rental income, multigenerational living, or guest accommodations. Complete with its own private side entrance, separate laundry, full kitchen, 2 bedrooms, and a 4-piece bathroom, the suite was thoughtfully designed while still allowing the home to function as a single-family residence with an interior basement access door that can be locked or unlocked as desired. Additional storage and utility space remain separate from the legal suite for homeowner convenience.
Additional features include air conditioning, BBQ gas line, expanded garage with an additional 2 feet in length, upgraded railings with modern metal spindles, high ceilings, and upgraded lighting and additional potlights throughout.
Located just moments from Mahogany’s private lake and beach access, this home offers the perfect blend of lifestyle and location. Enjoy easy access to Mahogany Village Market, Westman Village, restaurants, shopping, pathways, parks, and year-round amenities. Welcome to the next level of exquisite living in one of Calgary’s most sought-after communities.
Property details
| Bedrooms | 6 |
| Bathrooms | 4.0 |
| Style | 2 Storey |
| Heating | Forced Air,Natural Gas |
| Cooling | Full |
| Flooring | Carpet,Tile,Vinyl Plank |
| Levels | Two |
| Basement | Full |
| Basement development | Finished |
| Interior features | Built-in Features,Closet Organizers,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Soaking Tub,Walk-In Closet(s) |
| Appliances | Dishwasher,Dryer,Electric Stove,Gas Stove,Microwave,Microwave Hood Fan,Range Hood,Washer,Window Coverings |
| Inclusions | Basement Dishwasher, Basement Washer and Dryer, Basement Refrigerator, Basement Microwave Hood Fan, Basement Electric Stove |
| Laundry | In Basement,Laundry Room,Lower Level,Multiple Locations,Upper Level |
| Lot size | 3379.00 sqft |
| Frontage | 29.5 ft |
| Lot features | Back Yard,Front Yard,Lawn,Level,Rectangular Lot,Street Lighting |
| Exterior features | BBQ gas line |
| Fencing | Fenced |
| Patio | None |
| Year built | 2024 |
| Construction materials | Vinyl Siding,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Double Garage Attached |
| Garage spaces | 2 |
| Parking total | 2 |
| Annual taxes | $5,790 |
| Tax year | 2025 |
| Possession | By Date Specified,Negotiable |
| Zoning | R-G |
| Title | Fee Simple |
| Restrictions | Easement Registered On Title,Restrictive Covenant,Utility Right Of Way |
| Neighbourhood | Mahogany |
| Community features | Lake,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths |
| List AOR | Calgary |
Location
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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.
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