198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2268491
Mahogany
Welcome to Mahogany, Calgary’s premier lake community, where urban living meets natural beauty.
Calgary’s Largest Lake
At the heart of Mahogany lies a 63-acre freshwater lake, the largest in the city, providing year-round recreational activities such as swimming, boating, paddleboarding, and fishing. In the winter months, the lake transforms into a picturesque setting for ice skating and hockey.
Beaches and Beach Club
Residents enjoy access to multiple sandy beaches and the Mahogany Beach Club, a 22,000 square foot facility that serves as a hub for community events and gatherings. The Beach Club offers indoor and outdoor spaces, including fitness facilities, meeting rooms, and a gymnasium.
Natural Wetlands and Pathways:
Mahogany boasts 74 acres of natural wetlands and 22 kilometers of scenic pathways, perfect for walking, jogging, and cycling. These green spaces promote an active lifestyle and provide serene environments for relaxation and wildlife observation.
Diverse Housing Options
The community offers a wide range of housing styles, from stylish condos and townhomes to spacious single-family residences, catering to various preferences and lifestyles. As of December 2024, the average home price in Mahogany is approximately $789,346, reflecting its status as a desirable neighborhood.
Proximity to Amenities
Located in Calgary’s southeast quadrant, Mahogany is conveniently close to major roadways such as Stoney Trail and Deerfoot Trail, providing easy access to downtown Calgary and other parts of the city. The nearby Seton Urban District offers additional amenities, including shopping, dining, and entertainment options.
Vibrant Urban Village
Mahogany features a lively Urban Village with over 30 retail shops, services, and dining options. Whether you’re looking for a cozy café, a fine dining experience, or everyday essentials, the Urban Village caters to all your needs, adding convenience and vibrancy to the community.
Welcome to this stylish duplex in sought-after Mahogany, featuring large double master suites and a fully developed basement! With 3 bedrooms and 3.5 bathrooms, this home offers the perfect blend of comfort and functionality. The open-concept main floor is bright and inviting, with modern finishes and a well-designed kitchen. Upstairs you'll find two spacious master bedrooms, each with its own ensuite. The fully finished basement adds a third bedroom, full bath, and flexible living space—ideal for guests, a home office, or a rec room. Enjoy lake living, parks, and all the amenities Mahogany has to offer!
Additional Parking, Alley Access, Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
HOA Fee:
$582.00
Southeast
Mahogany
Beach Access, Boating, Clubhouse, Dog Park, Park, Party Room, Picnic Area, Playground, Racquet Courts, Recreation Facilities, Recreation Room, Visitor Parking
Dishwasher, Dryer, Gas Range, Microwave Hood Fan, Refrigerator, Washer
Parking canopy
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
16'2"4.93 m × 14'6"4.42 m
Main Floor
Living Room
15'1"4.60 m × 12'3"3.73 m
Upper Level
Bedroom
11'9"3.58 m × 11'6"3.51 m
Upper Level
Bedroom - Primary
13'1"3.99 m × 11'3.35 m
Upper Level
Walk-In Closet
8'5"2.57 m × 5'6"1.68 m
Lower Level
Bedroom
9'4"2.84 m × 8'8"2.64 m
Lower Level
Game Room
17'11"5.46 m × 16'1"4.90 m
Lower Level
Furnace/Utility Room
10'9"3.28 m × 8'9"2.67 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'6"
Upper Level
Yes
3
8'11" x 6'11"
Upper Level
Yes
4
5' x 9'2"
Lower Level
No
4
7'10" x 4'11"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Breakfast Bar, High Ceilings, Kitchen Island, No Smoking Home, Quartz Counters, Soaking Tub, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Front Yard, Fruit Trees/Shrub(s), Landscaped, Lawn, Level, Private
Data was last updated April 10, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
131
Avg list price:
$639,900
Min list price:
$235,000
Max list price:
$2,174,900
Avg days on market:
35
Min days on market:
1
Max days on market:
283
Avg price per sq.ft.:
$410.96
These statistics are generated based on the current listing's property type
and located in
Mahogany. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Mahogany seamlessly blends the tranquility of lakeside living with the convenience of urban amenities. Its strong sense of community, combined with top-tier recreational facilities and diverse housing options, makes it an ideal choice for families, professionals, and retirees alike. The neighborhood’s commitment to preserving natural landscapes and providing high-quality amenities has earned it recognition as Calgary’s Community of the Year multiple times.
A Thriving Community Awaits You
Mahogany isn’t just a neighborhood; it’s a lifestyle. From family-friendly events like summer festivals and holiday markets to group fitness classes and community clubs, Mahogany fosters connection and camaraderie among its residents. Its thoughtfully designed spaces and welcoming atmosphere create an environment where friendships thrive, families grow, and memories are made. Whether you’re enjoying a quiet evening by the lake or participating in one of the many community activities, Mahogany offers a living experience that goes beyond the ordinary.