1 / 33Mahogany · Calgary
86 Magnolia Street SE, Calgary
$759,900
Mahogany, Calgary, Alberta T3M 3X8 · MLS® A2318445
- 5
- Bedrooms
- 3.5
- Bathrooms
- 1,866
- Sq ft above grade
- $407
- Per sq ft
3 full · 1 half
+850 below
About This Property
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!
Secondary suite: 1 legal suite
Location: Suite Attached/Within Primary Dwelling
Basement
Property Details
Interior
- Bedrooms
- 5
- Bathrooms
- 3 full · 1 half
- Ensuite bathrooms
- 1
- Rooms above grade
- 8
- Above grade
- 1,866 sq ft
- Main level
- 903 sq ft
- Finished below grade
- 850 sq ft
- Total finished
- 2,716 sq ft
- Basement
- Full · Finished
- Fireplaces
- 1 fireplace
- Laundry
- Laundry Room, See Remarks, Upper Level
Interior features
- Breakfast Bar
- Kitchen Island
- Open Floorplan
- Separate Entrance
- Stone Counters
- Vaulted Ceiling(s)
- Walk-In Closet(s)
Flooring
- Carpet
- Vinyl Plank
Fireplace
- Electric
Building
- Property type
- Detached
- Structure
- House
- Style
- 2 Storey
- Levels
- Two
- Year built
- 2024
- New construction
- Yes
- Front exposure
- W
Construction
- Cement Fiber Board
- Wood Frame
Roof
- Asphalt Shingle
Foundation
- Poured Concrete
Heating, cooling & services
- Heating
- Forced Air
- Cooling
- Central Air
Parking
- Garage
- None
- Parking
- Off Street, Parking Pad
- Total parking
- 2 spaces
Lot & outdoors
- Lot size
- 2,970 sq ft
- Acreage
- 0.07 acres
- Frontage
- 26.44 ft
- Fencing
- None
Lot features
- Back Lane
- Front Yard
- Rectangular Lot
Outdoor living
- Deck
- Front Porch
In the community
- Clubhouse
- Lake
- Park
- Playground
- Schools Nearby
- Shopping Nearby
Costs & ownership
- Annual property tax
- $3,433 (2025)
- Title
- Fee Simple
- Ownership
- Private
- Zoning
- R-G
- Restrictions
- None Known
Listing & availability
- MLS® number
- A2318445
- Listed
- Jun 9, 2026
- Days on market
- 97
- Possession
- 30 Days / Neg
- Possession notes
- Possession 30 Days from accepted offer
- Listing office
- CIR Realty
Included in the sale
Appliances: Central Air Conditioner, Dishwasher, Dryer, Microwave, Refrigerator, Stove(s), Washer
Other inclusions: 2nd Refrigerator, 2nd Dishwasher, 2nd Stove, 2nd Dishwasher, 2nd Washer and Dryer
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.
Similar Properties
Similar homes in Calgary
DetachedActiveMahogany · Calgary$725,000
34 days on market
360 Marquis Heights SE
MLS® A2336312 · RE/MAX First
DetachedActiveMahogany · Calgary$657,500
25 days on market
146 Mahogany Grove SE
MLS® A2338813 · REMAX Innovations
DetachedActiveMahogany · Calgary$725,000
6 days on market
237 Masters Road SE
MLS® A2341944 · eXp Realty
DetachedActiveMahogany · Calgary$629,900
14 days on market
25 Marquis Place SE
MLS® A2341247 · TrustPro Realty
DetachedActiveMahogany · Calgary$624,900
4 days on market
287 Mahogany Heights SE
MLS® A2343830 · eXp Realty
DetachedActiveMahogany · Calgary$899,900
7 days on market
282 Masters Avenue SE
MLS® A2343207 · Homecare Realty Ltd.
