Calgary Real Estate Geek
Home Communities Mahogany 86 Magnolia Street SE
$789,900 Active
86 Magnolia Street SE · Calgary · T3M 3X8
5 bd 4.0 ba 1,866 sqft $423/sqft Built 2024
MLS® A2318445 · Listed Jun 9, 2026
Listed by CIR Realty — Jan Graham, Ian Porter
By the numbers

How this listing measures up

$/sqft $423
vs Mahogany median +6% community avg $742K
Sqft per bedroom 373
Year built 2024
Annual taxes $3,433 2025
Mahogany avg DOM 41d
$/sqft distribution

Where this listing sits in Mahogany

Of 150 active residential listings in Mahogany, this property at $423/sqft sits in the $400–450 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 · $423
Other active listings This listing's price range This listing

About this property

QUALIFIED FIRST TIME BUYERS WILL BE ELIGIBLE FOR THE GST REBATE! THE SHOW HOME IS FOR SALE!!! Welcome to Your Dream Home in Calgary's most sought-after lake community sought-after– Where Luxury Meets Practical Living! Step into this masterpiece built by EXCEL HOMES – the upgraded Berkley model offering 1866 SF of contemporary design, exceptional functionality AND a 2-bedroom LEGAL BASEMENT SUITE W/PRIVATE ENTRY. This home is FULLY AIR CONDITIONED, FULLY LANDSCAPED front and back (incl a rear deck) and ITS PROFESSIONALLY & BEAUTIFULLY DECORATED. FIBRE CEMENT SIDING protects your investment. Nestled in Calgary’s vibrant LAKE COMMUNITY, you’ll enjoy quick access off Stoney Trail or Deerfoot Trail. From the moment you walk in, this home will impress with its thoughtful layout and premium finishes. The open-concept floor plan seamlessly connects the living room, dining area, and showstopper kitchen – the true heart of the home. Cook like a pro in your chef-inspired kitchen with upgraded stainless steel appliances including built-in microwave & oven, chimney-style hood fan, and an abundance of cabinets and deep pot drawers...and a massive waterfall island w/even more storage! A huge walk-in pantry is a chef’s delight. Under cabinet, pendant & pot lighting as well as the large windows, make this a bright & airy home. The living room boasts feature wall fireplace & ship lap walls. You'll also find a versatile flex room at the back of the house - perfect for home office, playroom or guest bedroom. Metal railings lead you upstairs to the second level, which offers three spacious bedrooms, including a stunning primary suite with a walk-in closet and dual sink ensuite. A vaulted bonus room with pot lighting adds an elevated family retreat, and the convenient upper-level laundry room makes day-to-day living easier. Thinking about rental income or extended family options? This home offers a LEGAL TWO BEDROOM SUITE, all done to upstairs standards and a private exterior SIDE ENTRANCE. This is an amazing opportunity for rental income or extended family! As a Certified Built Green home, you’ll benefit from energy-saving features and smart home tech, including Ring doorbell, Wi-Fi-enabled garage opener, smart thermostat, extra CAT6 and USB outlets, plus 9' knockdown ceilings, metal stair railings, and luxury vinyl plank flooring on the main level. Whether you're a growing family, savvy investor, or multi-generational household, this is the home you've been waiting for. This home has a GOLD STAR BUILT GREEN RATING!! Move in, unpack, and start living your best life in Mahogany. Quick possession is available so you can spend your summer at the Lake!

Property details

Bedrooms5
Bathrooms4.0
Style2 Storey
HeatingForced Air
CoolingCentral Air
FlooringCarpet,Vinyl Plank
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,Kitchen Island,Open Floorplan,See Remarks,Separate Entrance,Stone Counters,Vaulted Ceiling(s),Walk-In Closet(s)
AppliancesCentral Air Conditioner,Dishwasher,Dryer,Microwave,Refrigerator,See Remarks,Stove(s),Washer
Inclusions2nd Refrigerator, 2nd Dishwasher, 2nd Stove, 2nd Dishwasher, 2nd Washer and Dryer
LaundryLaundry Room,See Remarks,Upper Level
Lot size2970.00 sqft
Frontage26.44 ft
Lot featuresBack Lane,Front Yard,Rectangular Lot
Exterior featuresOther
FencingNone
PatioDeck,Front Porch,See Remarks
Year built2024
New construction1
Construction materialsCement Fiber Board,See Remarks,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOff Street,Parking Pad
Parking total2
Annual taxes$3,433
Tax year2025
Possession30 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresClubhouse,Lake,Park,Playground,Schools Nearby,Shopping Nearby
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: CIR Realty — Jan Graham, Ian Porter.