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Mahogany · Calgary

86 Magnolia Square SE, Calgary

$740,000

Mahogany, Calgary, Alberta T3M 2W4 · MLS® A2349315

4
Bedrooms
3.5
Bathrooms

3 full · 1 half

1,693
Sq ft above grade

+737 below

$437
Per sq ft

About This Property

Welcome to this exceptional family home offering over 2,400 square feet of expertly developed living space, bespoke upgrades, and a beautifully crafted backyard designed for entertaining and relaxation. Situated in Calgary’s highly desirable lake community of Mahogany, this four-bedroom, three-and-a-half-bathroom residence seamlessly combines modern efficiency, elevated style, and a prime neighborhood lifestyle. Step inside to a bright, airy main floor featuring soaring high ceilings, refined modern finishes, and an inviting electric fireplace that anchors the living room. Hunter Douglas window coverings line the main level, allowing you to easily tailor the natural light throughout the day. The gourmet kitchen is a true centerpiece, showcasing rich dark cabinetry with under-cabinet accent lighting, durable quartz countertops, and a premium KitchenAid five-burner gas stove. Upstairs, you will find spacious bedrooms flooded with sunlight. The primary suite serves as a serene private getaway, equipped with blackout blinds for optimal sleep, a walk-in closet, and a spa-inspired ensuite bath complete with a deep soaking tub and a separate glass-enclosed shower. The fully finished basement is an absolute highlight, boasting impressive eleven-foot-four-inch ceiling heights that make the lower level feel massive and light-filled. Built for host duties, movie nights, or a dedicated play area, it features a sleek wet bar complete with a built-in drink fridge and accent shelving. A fourth bedroom and full bathroom downstairs provide a comfortable, quiet setup for overnight guests, teens, or a home office. Step outside into a private backyard sanctuary tailored for year-round enjoyment. The outdoor space includes a custom wooden pergola, an integrated deck with a fire pit area, raised garden beds, and plenty of lawn space for kids and pets. Programmed Gemstone exterior lighting allows you to customize the home's accent lighting for every holiday and season with ease. This turn-key residence is packed with valuable comfort and efficiency upgrades. Solar panels and a tankless water heater lower your utility footprint, while central air conditioning ensures summer comfort and an insulated, heated garage keeps vehicles warm all winter long. Living in Mahogany grants you exclusive year-round access to Calgary’s largest lake, featuring beaches, splash parks, and vibrant community events. You are positioned just minutes from top-rated schools, playgrounds, and the bustling Mahogany Village Market for groceries, dining, and coffee runs. Quick access to Stoney Trail makes commuting to downtown or escaping to the mountains completely effortless. Schedule your private showing today to experience this feature-packed property in person!

Property Details

Interior

Bedrooms
4
Bathrooms
3 full · 1 half
Ensuite bathrooms
1
Rooms above grade
3
Above grade
1,693 sq ft
Main level
871 sq ft
Upper level
822 sq ft
Finished below grade
737 sq ft
Total finished
2,430 sq ft
Basement
Full · Finished
Fireplaces
1 fireplace
Laundry
Upper Level

Interior features

  • No Smoking Home
  • Open Floorplan
  • Quartz Counters
  • Recessed Lighting
  • Tankless Hot Water
  • Vinyl Windows
  • Walk-In Closet(s)
  • Wired for Data

Flooring

  • Carpet
  • Cork
  • Laminate

Fireplace

  • Electric

Building

Property type
Detached
Structure
House
Style
2 Storey
Levels
Two
Year built
2019
Front exposure
SE

Construction

  • Cement Fiber Board
  • Wood Frame

Roof

  • Asphalt Shingle

Foundation

  • Poured Concrete

Heating, cooling & services

Heating
Forced Air
Cooling
Central Air

Parking

Garage
Double Garage Detached · 2 spaces
Garage size
23`3" x 20`9"
Total parking
3 spaces

Lot & outdoors

Lot size
4,219 sq ft
Acreage
0.1 acres
Frontage
21.29 ft
Fencing
Fenced

Lot features

  • Pie Shaped Lot

Outdoor living

  • Deck

Exterior features

  • Balcony
  • Fire Pit
  • Lighting
  • Private Yard

In the community

  • Lake
  • Playground
  • Schools Nearby
  • Shopping Nearby
  • Sidewalks
  • Street Lights
  • Tennis Court(s)
  • Walking/Bike Paths

Costs & ownership

Annual property tax
$4,951 (2026)
Title
Fee Simple
Ownership
Private
Zoning
R-G
Restrictions
None Known

Listing & availability

MLS® number
A2349315
Listed
Sep 30, 2026
Days on market
9
Possession
Negotiable
Listing office
Associates Real Estate

Included in the sale

Appliances: Bar Fridge, Built-In Refrigerator, Dishwasher, Gas Range, Microwave, Range Hood

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

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

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