131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
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.
Meet the brand-new “Heath,” a fresh take on a beloved layout that blends smart design with everyday comfort. Step inside to a bright, open main floor finished in warm luxury vinyl plank, with a versatile front flex room that suits a home office, homework zone, or cozy reading spot. The rear of the home opens to an inviting living room and an oversized dining area—perfect for weeknight dinners and weekend gatherings alike. Anchoring the space, the chef’s kitchen showcases wood-grain cabinetry raised to the bulkhead, crisp white quartz counters, a classic subway tile backsplash that wraps the standalone hood fan, stainless steel appliances, and a large island that makes prep, snacks, and conversation effortless. A generous back window brings in natural light, and the practical rear entrance keeps daily comings and goings simple. Upstairs, a centrally located loft creates a true second living space and smart separation between the sleeping quarters. The spacious primary retreat features a walk-in closet and a spa-inspired 4-piece ensuite with dual sinks, while two additional bedrooms share a well-appointed 4-piece bath. The upper laundry room keeps chores convenient and out of sight. A side/secondary entrance adds flexibility for future possibilities such as a guest, in-law, or private living area (subject to city/municipal approvals and permitting). Outside, the landscaping is complete—front and back—so you can enjoy the space from day one. Expect finished sod, mulched side yards, and thoughtfully selected trees/shrubs in the front that complement the streetscape and elevate curb appeal. And the setting? You’re in Mahogany—Calgary’s four-season lake community—where life revolves around water, parks, and connection. Enjoy two residents-only beaches, the Beach Club, tennis and sport courts, winter skating, fishing, playgrounds, and more than 22 km of pathways and preserved wetlands. Stroll to the Village Market for cafés, restaurants, fitness, and daily essentials, with the South Health Campus and Seton Urban District just minutes away. From paddleboards to sunset walks, the Heath puts a resort-style lifestyle within easy reach.
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.