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Home Communities Mahogany 40 Magnolia Parade SE
$585,000 Active
40 Magnolia Parade SE · Calgary · T3M 3E5
3 bd 3.0 ba 1,374 sqft $426/sqft Built 2020
MLS® A2330280 · Listed Jul 20, 2026
Listed by Charles — Kayla Hagen
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $426
vs Mahogany median -21% community avg $740K
Sqft per bedroom 458
Year built 2020
Annual taxes $4,129 2026
Garage 2 spaces
$/sqft distribution

Where this listing sits in Mahogany

Of 152 active residential listings in Mahogany, this property at $426/sqft sits in the $400–450 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 23 listings $350–$400/sqft · 47 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 · 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 · $426
Other active listings This listing's price range This listing

About this property

Welcome to this beautifully maintained semi-detached home in the award-winning lake community of Mahogany, perfectly positioned on a rare oversized corner lot offering exceptional outdoor space that's hard to find in similar homes. Step inside to a bright and inviting front family room where oversized windows flood the space with natural light. The thoughtfully designed main floor offers an ideal layout for everyday living and entertaining, with a spacious central dining room that takes full advantage of the corner lot thanks to its oversized side window. At the rear of the home, the well-appointed kitchen features a unique dual-passage design that creates an impressive peninsula island, maximizing both functionality and gathering space. Timeless white cabinetry, quartz countertops, a classic white subway tile backsplash and durable laminate flooring throughout the main floor combine to create a clean, modern aesthetic that will never go out of style. Upstairs, retreat to the spacious primary suite complete with a walk-in closet and a private 3-piece ensuite featuring a stand-up shower. Two additional generously sized bedrooms, a full 4-piece bathroom, and the convenience of upper level laundry make this home perfectly suited for families. The unfinished basement offers outstanding future potential with bathroom rough-ins already in place and an excellent layout designed to accommodate a large recreation room, an additional bedroom, as well as plenty of storage. This home also comes complete with air conditioning, providing comfortability for hot summer weather. Outside, the large, fully landscaped backyard is a true standout offering plenty of green space and is complemented by an oversized double detached garage. Located in one of Calgary's most sought-after lake communities, you'll enjoy year-round access to Mahogany Lake, beaches, parks, playgrounds, scenic wetlands and over 22 kilometres of pathways. Families will appreciate the abundance of nearby schools, while Mahogany Village Market, Westman Village, restaurants, cafés, grocery stores, fitness facilities, and everyday conveniences are just minutes away. Commuting is effortless with quick access to Rangeview Boulevard, 88 Street SE, and 52 Street SE, connecting you seamlessly to the rest of the city. Offering an exceptional lot, a functional family-friendly floor plan, and an unbeatable Mahogany lifestyle, this is a home you won't want to miss.

Property details

Bedrooms3
Bathrooms3.0
Style2 Storey,Attached-Side by Side
HeatingForced Air
CoolingCentral Air
FlooringCarpet,Laminate,Tile
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresBathroom Rough-in,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Storage,Walk-In Closet(s)
AppliancesCentral Air Conditioner,Dishwasher,Electric Range,Garage Control(s),Microwave Hood Fan,Refrigerator,Washer/Dryer Stacked,Window Coverings
InclusionsFloating Shelve(s), TV Mount(s)
LaundryLaundry Room,Upper Level
Lot size3638.00 sqft
Frontage38.29 ft
Lot featuresBack Lane,Back Yard,Corner Lot,Front Yard,Landscaped
Exterior featuresBBQ gas line,Private Yard
FencingFenced
PatioPatio
Year built2020
Construction materialsBrick,Cement Fiber Board
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAlley Access,Double Garage Detached,Garage Faces Rear,On Street,Oversized,Side By Side
Garage spaces2
Parking total2
Annual taxes$4,129
Tax year2026
Possession30 Days / Neg
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresClubhouse,Fishing,Lake,Park,Playground,Pond,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.
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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: Charles — Kayla Hagen.