5 Masters Street SE, Calgary photo 1 of 131 / 13
DetachedActive

Mahogany · Calgary

5 Masters Street SE, Calgary

$575,000

Mahogany, Calgary, Alberta T3M 2R5 · MLS® A2346750

4
Bedrooms
3
Bathrooms
1,796
Sq ft above grade
$320
Per sq ft

About This Property

Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities. This beautifully designed two-story residence offers ample space, abundant natural light, and a harmonious blend of modern living and traditional charm. Situated on a corner lot, this home boasts an open-concept layout on the main floor, ideal for contemporary living and entertaining. The spacious living and dining area is complemented by an electric fireplace, while the well-appointed kitchen features a pantry and ample counter space. A rare main-floor bedroom and full bathroom provide flexibility for guests, accommodating multi-generational living or a private home office. Ascending to the upper level, you will discover three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and a luxurious four-piece ensuite bathroom. The upper level also offers two additional bedrooms, a full bathroom, convenient laundry facilities, and an open flex/den area, perfect for a study space or playroom. The unfinished basement holds great potential for future customization, allowing you to design it according to your unique preferences. It also offers a deck and two cars parking at the back and the option for future garage development. Residing in Mahogany Lake means embracing one of Calgary’s most sought-after lake communities, centered around the city’s largest freshwater lake, Mahogany Lake, spanning approximately 64 acres. Residents enjoy year-round recreational opportunities, including swimming, paddle sports, fishing, beach volleyball, skating rinks, and scenic walking and cycling paths. The community hub, Mahogany Beach Club, offers a splash park, picnic and barbecue areas, natural gas fire pits, a fishing dock, and a spacious 21,000 sq ft clubhouse. Nearby, Mahogany Wetlands provide 74 acres of preserved natural habitat and access to over 22 km of walking, jogging, and cycling trails. Conveniently located just minutes from South Health Campus, this home is complemented by excellent nearby schools, including Divine Mercy School and Mahogany School. It delivers the perfect combination of space, lifestyle, and investment potential within one of Calgary’s premier lake communities.

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Property Details

Interior

Bedrooms
4
Bathrooms
3 full
Ensuite bathrooms
1
Rooms above grade
9
Above grade
1,796 sq ft
Main level
904 sq ft
Upper level
892 sq ft
Total finished
1,796 sq ft
Basement
Full · Unfinished
Fireplaces
1 fireplace
Laundry
Upper Level

Interior features

  • Laminate Counters
  • No Animal Home
  • No Smoking Home
  • Open Floorplan

Flooring

  • Carpet
  • Laminate

Fireplace

  • Electric
  • Living Room

Building

Property type
Detached
Structure
House
Style
2 Storey
Levels
Two
Year built
2017
Front exposure
E

Construction

  • Wood Frame

Roof

  • Asphalt Shingle

Foundation

  • Poured Concrete

Heating, cooling & services

Heating
Forced Air
Cooling
None

Parking

Garage
None
Parking
Off Street
Total parking
2 spaces

Lot & outdoors

Lot size
3,864 sq ft
Acreage
0.09 acres
Frontage
20.87 ft
Fencing
None

Lot features

  • Back Lane
  • Back Yard
  • Corner Lot
  • Landscaped

Outdoor living

  • Deck

In the community

  • Lake
  • Park
  • Playground
  • Schools Nearby
  • Shopping Nearby
  • Walking/Bike Paths

Costs & ownership

Annual property tax
$4,545 (2026)
Title
Fee Simple
Ownership
Private
Zoning
R-G
Restrictions
None Known

Listing & availability

MLS® number
A2346750
Listed
Sep 19, 2026
Days on market
6
Possession
60 Days / Neg
Listing office
REMAX Innovations

Included in the sale

Appliances: Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling

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