MLS #A2292316 image #0
Located in the highly sought-after lake community of Mahogany, this beautifully upgraded and move-in ready home offers over 2,600 sq ft of developed living space with 5 bedrooms and 3.5 bathrooms, along with over $50,000 in thoughtful upgrades throughout.The main floor features 9-foot ceilings that create a bright and open atmosphere, along with a versatile front flex room that can function as a home office, sitting area, playroom, or additional living space. The kitchen is the heart of the home and showcases upgraded quartz countertops, extended cabinetry, upgraded appliances, and upgraded lighting and plumbing fixtures, along with an impressive 8-foot island that provides both additional seating and workspace. The open-concept layout allows the kitchen, dining, and living areas to flow seamlessly, making the space ideal for both everyday living and entertaining.Upstairs offers a thoughtfully designed layout featuring three spacious bedrooms, a large bonus room, and the convenience of an upper-floor laundry room. The primary bedroom is exceptionally spacious and features a walk-in closet along with a well-appointed ensuite, creating a comfortable retreat at the end of the day. The fully developed basement features 9-foot ceilings and was professionally constructed by the builder with fire-rated separation, offering two large bedrooms, a full bathroom, and a spacious rec room. With a separate side entrance already in place and the basement roughed in for a future kitchen, the space offers excellent potential for a future secondary suite (subject to City of Calgary approval). Outside, the property features a fully fenced yard, a large rear deck with a poured concrete pad designed for a future hot tub, and a double detached garage finished with durable Hardie board siding that matches the exterior of the home. All improvements have been professionally completed with permits in place, including the garage deck, with a compliant RPR available. With five bedrooms, a fully developed basement, and future secondary suite potential , (subject to City of Calgary approval). this home offers excellent flexibility for growing families, multi-generational living, or those looking to create additional income in the future (subject to City of Calgary approval).Located in Mahogany, Calgary’s premier lake community, residents enjoy year-round lake access with beaches, parks, pathways, playgrounds, schools, and the vibrant shops and restaurants of Westman Village just minutes away. Homes offering this level of space, upgrades, and flexibility in Mahogany rarely come available fully finished and truly move-in ready.



Current real estate data for Single Family in Calgary as of Mar 15, 2026
2,916
Single Family Listed
42
Avg DOM
467
Avg $ / SqFt
$835,625
Avg List Price

Property Details

Price:
$739,900
MLS #:
A2292316
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Mahogany
Listed Date:
Mar 11, 2026
Finished Sq Ft:
1,803
Lot Size:
3,239 sqft / 0.07 acres (approx)
Year Built:
2023
NewconstructionMahoganyFullBack Lane,back Yard,close To Clubhouse,front Yard,landscaped,lawn,level,low Maintenance Landscape,private,rectangular Lot,zero Lot Line

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Oven, Garage Control(s), Humidifier, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Upper Level

Exterior

Exterior Features
Garden, Private Entrance, Private Yard
Lot Features
Back Lane, Back Yard, Close to Clubhouse, Front Yard, Landscaped, Lawn, Level, Low Maintenance Landscape, Private, Rectangular Lot, Zero Lot Line
Parking Features
Double Garage Detached, Garage Door Opener, Garage Faces Rear, Oversized, See Remarks
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Mahogany subdivision, 321 Magnolia Way SE Calgary AB is a Single Family for sale in Calgary, AB, T3M 3S6. It is listed for $739,900 and features 5 beds, 4 baths, and has approximately 1,803 square feet of living space, and was originally constructed in 2023. The current price per square foot is $410. The average price per square foot for Single Family listings in Calgary is $467. The average listing price for Single Family in Calgary is $835,625. To schedule a showing of MLS#a2292316 at 321 Magnolia Way SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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