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Home Communities Mahogany 421 Magnolia Way SE
$910,000 Active
421 Magnolia Way SE · Calgary · T3M 3T4
4 bd 3.0 ba 2,528 sqft $360/sqft Built 2024
MLS® A2330140 · Listed Jul 17, 2026
Listed by Jayman Realty Inc. — Alexandria Stewart, Michael Laprairie
By the numbers

How this listing measures up

$/sqft $360
vs Mahogany median +21% community avg $755K
Sqft per bedroom 632
Year built 2024
Annual taxes $6,344 2026
Garage 3 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 155 active residential listings in Mahogany, this property at $360/sqft sits in the $350–400 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 23 listings $350–$400/sqft · 49 listings $400–$450/sqft · 33 listings $450–$500/sqft · 14 listings $500–$550/sqft · 6 listings $550–$600/sqft · 2 listings $600–$650/sqft · 2 listings $650–$700/sqft · 11 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 · $360
Other active listings This listing's price range This listing

About this property

Welcome to this stunning, extensively upgraded two-storey home in the newer phase of Calgary's award-winning lake community of Mahogany. Offering over 2,500 sq. ft. above grade and built in 2024, this exceptional home provides the opportunity to enjoy the feel of a brand-new build without the wait. From the moment you arrive, the thoughtfully curated finishes and warm, earthy colour palette create an immediate sense of home. A spacious foyer with transom and side windows welcomes you inside where luxury vinyl plank flooring flows throughout the open-concept main level. Designed with both everyday living and entertaining in mind, the chef-inspired kitchen is anchored by an expansive quartz island and showcases ceiling-height two-tone shaker cabinetry, a full-height Noho Tierra Sol matte brick backsplash, designer pendant lighting, upgraded black and gold hardware, sleek stainless steel appliances, designer hood fan, lower cabinet microwave, a generous walk-in pantry, and an abundance of workspace. The spacious dining area and inviting living room are filled with natural light and open onto the rear deck through elegant French sliding door. Completing the main floor is a thoughtfully designed mudroom featuring upgraded built-in lockers, cubbies, bench seating and shelving, along with a stylish powder room. Upstairs, a spectacular vaulted bonus room creates the perfect gathering space for family movie nights or quiet evenings. Rarely found, this home offers four spacious bedrooms on the upper level, three complete with walk-in closets. The luxurious primary retreat is a true sanctuary, boasting a spa-inspired five-piece ensuite featuring an oversized tiled shower with upgraded fixtures, raised dual vanities with quartz countertops, full-length mirror, deep soaker tub with tile surround, private water closet, additional storage, and a generous walk-in closet. A beautifully appointed main bathroom and an oversized laundry room complete with quartz counters, undermount sink, cabinetry, folding station and window add everyday convenience. The unfinished basement has already been drywalled, features a raised ceiling, oversized windows and a three-piece bathroom rough-in, providing the perfect canvas for your future development. One of this home's most impressive features is the rare triple attached garage, offering a tandem third bay ideal for a third vehicle, home gym, workshop or exceptional storage. Complete with a gas line and dedicated 110V electrical outlet, it's ready for your future plans. The home also features a back lane for your RV access. Perfectly situated just steps from a neighbourhood park in the newer section of Mahogany, you'll enjoy year-round lake privileges, beaches, extensive pathways, schools, restaurants, shopping and one of Calgary's most sought-after lifestyle communities. This is your opportunity to own a nearly new, beautifully upgraded home where every detail has already been thoughtfully completed.

Property details

Bedrooms4
Bathrooms3.0
Style2 Storey
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Vinyl Plank
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresDouble Vanity,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Vaulted Ceiling(s),Vinyl Windows,Walk-In Closet(s)
AppliancesDishwasher,Dryer,Electric Stove,Garage Control(s),Microwave,Range Hood,Refrigerator,Washer,Window Coverings
InclusionsRing Doorbell, Ecobee Thermostat
LaundryLaundry Room,Sink,Upper Level
Lot size4402.00 sqft
Frontage42.29 ft
Lot featuresBack Lane,Back Yard,Lawn
Exterior featuresNone
FencingFenced
PatioDeck
Year built2024
Construction materialsCement Fiber Board,Stone,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached,RV Access/Parking,Triple Garage Attached
Garage spaces3
Parking total5
Annual taxes$6,344
Tax year2026
Possession90 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresClubhouse,Fishing,Lake,Park,Playground,Pond,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,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: Jayman Realty Inc. — Alexandria Stewart, Michael Laprairie.