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Home Communities Mahogany 49 Masters Terrace SE
$979,900 Sold
49 Masters Terrace SE · Calgary · T3M 2T1
4 bd 3.0 ba 2,474 sqft $396/sqft Built 2018
MLS® A2320407 · Listed Jun 18, 2026
Listed by RE/MAX Realty Professionals — Michael Burton
By the numbers

How this listing measures up

$/sqft $396
vs Mahogany median +32% community avg $742K
Sqft per bedroom 619
Year built 2018
Annual taxes $6,347 2026
Garage 2 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 150 active residential listings in Mahogany, this property at $396/sqft sits in the $350–400 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 · $396
Other active listings This listing's price range This listing

About this property

Welcome to this beautifully upgraded Hopewell built home featuring the Elan Floorplan, offering the rare combination of four bedrooms upstairs, a south-facing backyard backing onto green space, and a fully customized outdoor living space designed for minimal maintenance. From the moment you arrive, the exposed aggregate driveway and walkway, turf landscaping, and inviting front porch create outstanding curb appeal. Inside, a spacious foyer with dual closets provides a warm welcome, while the mudroom features built-in cubbies and convenient access from the painted double detached garage. The open-concept main floor is both functional and stylish, featuring 9-foot ceilings, luxury vinyl plank flooring, upgraded mouldings, and a stunning glass staircase railing. The kitchen is thoughtfully designed with quartz countertops, a large island, induction oven, built-in appliances, under-cabinet lighting, custom maple drawers, and upgraded cabinetry. A custom walk-through butler pantry adds exceptional storage and workspace, complete with quartz counters, floating shelves, and a bar fridge. The dining area overlooks the backyard and green space, while the living room fireplace creates a cozy focal point for everyday living and entertaining. Step outside to enjoy a backyard that truly stands out. Designed to be virtually maintenance-free, it features a 17x20 composite deck, custom glass railings, a cedar pergola with permanent LiteWRX lighting, a stone BBQ feature wall, exposed aggregate walkways and fire area, heavy-duty cedar fencing, iron gates, and direct access to the green space beyond—perfect for kids, pets, and outdoor activities. Upstairs, the vaulted bonus room offers incredible flexibility for family living, whether you need a media room, play space, home office, or hobby area. Three spacious secondary bedrooms share a four-piece bathroom with quartz countertops. Privately positioned at the rear of the home, the impressive primary suite takes advantage of the green space view and features a tray ceiling, custom wall sconces, ceiling fan, custom blinds, and a luxurious five-piece ensuite with double vanity, oversized tiled glass shower, and plenty of natural light. The custom walk-in closet includes built-in storage solutions and connects directly to the laundry room with additional cabinetry and countertop space. Additional features include central air conditioning, water softener, central vacuum, in-ceiling speakers, outdoor speakers, Lorex security cameras, Nest smart home features, permanent exterior lighting, and 9-foot ceilings in both the main floor and basement. Living in Mahogany means enjoying one of Calgary’s most sought-after lake communities, with year-round access to beaches, pathways, parks, playgrounds, wetlands, schools, shopping, dining, and endless recreation opportunities. It’s a community that perfectly balances outdoor lifestyle, convenience, and family-friendly living.

Property details

Bedrooms4
Bathrooms3.0
Style2 Storey
HeatingFireplace(s),Forced Air
CoolingCentral Air
FlooringVinyl
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresBuilt-in Features,Ceiling Fan(s),Central Vacuum,Closet Organizers,Double Vanity,Kitchen Island,Pantry,Quartz Counters,Soaking Tub,Tray Ceiling(s),Walk-In Closet(s)
AppliancesBar Fridge,Built-In Oven,Central Air Conditioner,Dishwasher,Dryer,Garage Control(s),Induction Cooktop,Microwave,Range Hood,Refrigerator,Washer,Water Softener,Window Coverings
InclusionsIn Ceiling Speakers, Outdoor Speakers, Lorex outdoor Security System, Cameras and DVR, Master Bedroom Window Coverings and Curtains, TV Wall Mounts, Garage Upper Wood Shelving
LaundryLaundry Room,Upper Level
Lot size3907.00 sqft
Frontage34.02 ft
Lot featuresBack Yard,Backs on to Park/Green Space,Landscaped,Low Maintenance Landscape,No Neighbours Behind,Rectangular Lot,Street Lighting
Exterior featuresOther
FencingFenced
PatioDeck,Patio,Pergola,Porch
Year built2018
Construction materialsBrick,Stucco
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAggregate,Double Garage Attached,Front Drive,Garage Faces Front,Side By Side
Garage spaces2
Parking total4
Annual taxes$6,347
Tax year2026
PossessionNegotiable
ZoningR-G
TitleFee Simple
RestrictionsEasement Registered On Title,Restrictive Covenant
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.
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: RE/MAX Realty Professionals — Michael Burton.