86 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2318445
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.
OPEN HOUSE SATURDAY OCT 24th 2PM - 4PM......QUALIFIED FIRST TIME BUYERS WILL BE ELIGIBLE FOR THE GST REBATE! THE SHOW HOME IS FOR SALE!!! Welcome to Your Dream Home in Calgary's most sought-after lake community sought-after– Where Luxury Meets Practical Living! Step into this masterpiece built by EXCEL HOMES – the upgraded Berkley model offering 1866 SF of contemporary design, exceptional functionality AND a 2-bedroom LEGAL BASEMENT SUITE W/PRIVATE ENTRY. This home is FULLY AIR CONDITIONED, FULLY LANDSCAPED front and back (incl a rear deck) and ITS PROFESSIONALLY & BEAUTIFULLY DECORATED. FIBRE CEMENT SIDING protects your investment. Nestled in Calgary’s vibrant LAKE COMMUNITY, you’ll enjoy quick access off Stoney Trail or Deerfoot Trail. From the moment you walk in, this home will impress with its thoughtful layout and premium finishes. The open-concept floor plan seamlessly connects the living room, dining area, and showstopper kitchen – the true heart of the home. Cook like a pro in your chef-inspired kitchen with upgraded stainless steel appliances including built-in microwave & oven, chimney-style hood fan, and an abundance of cabinets and deep pot drawers...and a massive waterfall island w/even more storage! A huge walk-in pantry is a chef’s delight. Under cabinet, pendant & pot lighting as well as the large windows, make this a bright & airy home. The living room boasts feature wall fireplace & ship lap walls. You'll also find a versatile flex room at the back of the house - perfect for home office, playroom or guest bedroom. Metal railings lead you upstairs to the second level, which offers three spacious bedrooms, including a stunning primary suite with a walk-in closet and dual sink ensuite. A vaulted bonus room with pot lighting adds an elevated family retreat, and the convenient upper-level laundry room makes day-to-day living easier. Thinking about rental income or extended family options? This home offers a LEGAL TWO BEDROOM SUITE, all done to upstairs standards and a private exterior SIDE ENTRANCE. This is an amazing opportunity for rental income or extended family! As a Certified Built Green home, you’ll benefit from energy-saving features and smart home tech, including Ring doorbell, Wi-Fi-enabled garage opener, smart thermostat, extra CAT6 and USB outlets, plus 9' knockdown ceilings, metal stair railings, and luxury vinyl plank flooring on the main level. Whether you're a growing family, savvy investor, or multi-generational household, this is the home you've been waiting for. This home has a GOLD STAR BUILT GREEN RATING!! Move in, unpack, and start living your best life in Mahogany. Quick possession is available so you can spend your summer at the Lake!
Data was last updated November 14, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
124
Avg list price:
$652,450
Min list price:
$214,900
Max list price:
$2,149,900
Avg days on market:
49
Min days on market:
1
Max days on market:
419
Avg price per sq.ft.:
$401.87
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.