MLS #A2296216 image #0
Located in the sought-after lake community of Mahogany, this upgraded and move-in ready home offers over 2,600 sq ft of developed living space, with 5 bedrooms, 3.5 bathrooms, and over $50,000 in thoughtful upgrades throughout. The main floor delivers both function and flow, with 9-foot ceilings and a bright, open-concept layout. A versatile front flex room adapts easily as a home office, sitting area, or playroom. The kitchen anchors the space with upgraded quartz countertops, extended cabinetry, upgraded appliances, and refined lighting and plumbing fixtures. An oversized 8-foot island provides additional seating and workspace, seamlessly connecting the kitchen, dining, and living areas. Upstairs features three well-sized bedrooms, a large bonus room, and the convenience of upper-floor laundry. The primary suite offers a walk-in closet and a well-appointed ensuite, creating a comfortable and private retreat. The professionally developed basement, completed by the builder, offers 9-foot ceilings, fire-rated separation, two additional bedrooms, a full bathroom, and a spacious recreation area. A separate side entrance and rough-ins for a future kitchen provide added flexibility for extended family or future legal suite potential (subject to City of Calgary approval). The exterior is equally well considered, with a fully fenced yard, a large rear deck, and a poured concrete pad ready for a future hot tub. The double detached garage is finished with durable Hardie board siding to match the home. All improvements have been completed with permits, and a compliant RPR is available. Mahogany is one of Calgary’s premier lake communities, offering year-round access to the lake, beaches, parks, pathways, playgrounds, schools, and the shops and restaurants of Westman Village just minutes away.With its size, level of finish, fully developed basement, and overall functionality, this property is competitively positioned within the Mahogany market—offering a level of space and upgrades that is increasingly difficult to find at this price point.











Current real estate data for Single Family in Calgary as of Apr 05, 2026
2,758
Single Family Listed
42
Avg DOM
489
Avg $ / SqFt
$894,618
Avg List Price

Property Details

Price:
$699,999
MLS #:
A2296216
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Mahogany
Listed Date:
Mar 25, 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 $699,999 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 $388. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $894,618. To schedule a showing of MLS#a2296216 at 321 Magnolia Way SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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