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    338 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2308777

    338 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2308777

    Begin your search of all Mahogany homes for sale in Calgary listed on the MLS® below! This lake community has a lot to offer, including a diverse portfolio of real estate ranging from one bedroom condos to lakeside luxury homes. Central to the neighbourhood is an 84-acre freshwater lake surrounded by more than 265 acres of parkland and 74 acres of wooded area. Several shopping areas provide quick and easy access to amenities, while convenient access to other parts of Calgary is provided by Deerfoot Trail, Stoney Trail and Highway 22X.

    To learn more about Mahogany real estate for sale or to schedule a private showing of any listing(s), contact our team of experienced Realtors® by calling Cody & Jordan at 403-370-4008 anytime!

    Mahogany Real Estate Listings in Calgary

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    338 Magnolia Way SE
    Mahogany Calgary T3M 3S6

    $949,900
    Residential beds: 6 baths: 4.0 2,259 sq. ft. built: 2024

    Main Photo: 338 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2308777
    Photo 1: 338 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2308777
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    Photo 49: 338 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2308777
    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2308777
    Bedrooms:
    6
    Bathrooms:
    4
    Year Built:
    2024
    Located in the heart of Mahogany, this 2024 Jayman Built home offers a rare combination of thoughtful design, high-end upgrades, and built-in income potential. Featuring the Karma floorplan and over 2,250 sq ft above grade , this is a turn-key opportunity with a fully finished legal basement suite already tenanted through March 2027. The main floor is bright, open, and built for everyday living. Durable luxury vinyl plank flooring runs throughout, while the great room is anchored by an upgraded electric fireplace. The kitchen stands out with upgraded countertops on both the island and perimeter, premium KitchenAid appliances, under-cabinet lighting, garburator, and a dedicated reverse osmosis system. It’s a space that balances clean design with real functionality. Upstairs, the layout continues to impress with a spacious primary retreat featuring a spa-inspired ensuite complete with a soaker tub and upgraded shower. Two additional bedrooms, a full bath, upper laundry, and a bonus room provide flexibility for families, guests, or work-from-home needs. The legal basement suite mirrors the quality of the main home, offering its own kitchen, living space, two bedrooms, and separate laundry. With a tenant already in place, it provides immediate and reliable income from day one. Beyond the finishings, this home is packed with upgrades that elevate day-to-day living. A commercial-grade Huebsch washer, Hunter Douglas blinds, upgraded interior doors, LED lighting, and enhanced carpet underlay all contribute to the overall feel of quality throughout. Outside, the fully landscaped backyard is designed for low-maintenance enjoyment, featuring a brick patio, privacy trees, gravel accents, and a custom fence with lattice detailing. The home also includes 10 solar panels to help offset utility costs, along with Gemstone exterior lighting that adds both curb appeal and functionality. Technology and infrastructure have been carefully considered. The home is fully hardwired with Ethernet and includes Ubiquiti Wi-Fi access points for seamless connectivity. A full security system with cameras, monitored alarm, and smoke detection is already in place. Additional upgrades like a whole-home surge protector, smart water shut-off, water softener, central A/C, and an HRV system with UV and MERV 11 filtration ensure comfort, efficiency, and peace of mind year-round. This is a home that goes beyond the typical new build offering, combining modern design, advanced systems, and long-term value in one of Calgary’s lake communities.
    Property Type:
    Residential
    Property Sub Type:
    Detached
    Condo Type:
    Not a Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    Yes
    Num Legal Suites:
    1
    Num Illegal Suites:
    0
    Home Style:
    2 Storey
    Total Living Area:
    2,259 sq. ft.
    Main Level Finished Area:
    1,012 sq. ft.
    Upper Level Finished Area:
    1,247 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    942 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Frequency:
    Annually
    HOA Fee Includes:
    Acreage:
    No
    Lot Area:
    3,379 sq. ft.
    Lot Frontage:
    29'4¾"
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    North
    Reg. Size:
    Reg. Size Includes:
    Levels:
    Two
    Total Rooms Above Grade:
    8
    Year built:
    2024 (Age: 2)
    Bedrooms:
    6 (Above Grd: 4)
    Bedrooms Above Grade:
    4
    Bedrooms Below Grade:
    2
    Bathrooms:
    4.0 (Full:3, Half:1)
    Plan:
    2311345
    Heating:
    Forced Air, Natural Gas
    Basement:
    Full, Finished, Separate/Exterior Entry
    Foundation:
    Poured Concrete
    Builder:
    Jayman Homes
    New Constr.:
    No
    Construction Material:
    Vinyl Siding, Wood Frame
    Structure Type:
    House
    Roof:
    Asphalt Shingle
    Ensuite:
    Yes
    Flooring:
    Carpet, Ceramic Tile, Vinyl Plank
    Cooling:
    Central Air
    Fireplaces:
    1
    Fireplace Details:
    Electric, Living Room
    Garage:
    Yes
    Garage Spaces:
    2
    Parking:
    Double Garage Attached
    Parking Places:
    4
    Parking Total/Covered:
    4 / -
    Laundry Features:
    Laundry Room, Upper Level
    HOA Fee:
    $603.54
    Southeast
    Mahogany
    Beach Access, Clubhouse
    Central Air Conditioner, Dishwasher, Double Oven, Garage Control(s), Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
    N/A
    Utility Right Of Way
    Floor
    Type
    Size
    Other
    Main Floor
    Living Room
    14' × 12'11"
    Main Floor
    Kitchen
    18'8" × 14'
    Main Floor
    Dining Room
    10' × 10'
    Main Floor
    Bedroom
    10'7" × 9'5"
    Upper Level
    Media Room
    12'1" × 11'6"
    Upper Level
    Bedroom - Primary
    14'2" × 12'4"
    Upper Level
    Walk-In Closet
    11'6" × 10'11"
    Upper Level
    Bedroom
    12'11" × 9'
    Upper Level
    Bedroom
    13'1" × 9'
    Upper Level
    Laundry
    5'11" × 5'10"
    Basement
    Family Room
    14'9" × 13'10"
    Basement
    Kitchen
    10'9" × 7'10"
    Basement
    Bedroom
    13'7" × 9'4"
    Basement
    Bedroom
    9'8" × 9'6"
    Basement
    Furnace/Utility Room
    8'7" × 8'1"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    2
    4'9" x 5'3"
    Upper Level
    Yes
    5
    11'6" x 13'9"
    Upper Level
    No
    4
    6'8" x 8'8"
    Basement
    No
    4
    4'11" x 8'7"
    Title to Land:
    Fee Simple
    Community Features:
    Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
    Interior Features:
    Ceiling Fan(s), Closet Organizers, Double Vanity, High Ceilings, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Storage, Walk-In Closet(s)
    Exterior Features:
    Private Yard
    Patio And Porch Features:
    Deck
    Lot Features:
    Back Yard, Landscaped, Rectangular Lot
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Calgary
    Zone:
    CAL Zone SE
    Zoning:
    R-G
    Listed Date:
    May 07, 2026
    Days on Mkt:
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    Virtual Tour

    Virtual Tour

    Listed by eXp Realty
    Data was last updated May 10, 2026 at 05:30 AM (UTC)
    Area Statistics
    Listings on market:
    172
    Avg list price:
    $652,400
    Min list price:
    $237,500
    Max list price:
    $2,500,000
    Avg days on market:
    30
    Min days on market:
    1
    Max days on market:
    285
    Avg price per sq.ft.:
    $415.25
    These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations. This data is not produced by the MLS® system.
    CODY BATTERSHILL
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    Community Features

    Mahogany Real Estate

    With Calgary's largest freshwater lake as its centre piece and an award-winning master plan with countless acres of greenspace, Mahogany real estate is highly sought after on today's market by a wide range of buyers.

    Homes for sale in Mahogany start from the high $100s for condos and go up from there, providing an opportunity for a wide range of buyers to live in the neighbourhood.

    Several different home collections are found throughout, as are more than a dozen architectural styles ranging from French-Country to Modern.

    With a mix of homes, shops and restaurants plus 265 acres of parks, the community has been designed with balance in mind.

    Wetlands, public open spaces and friendly streets all add immensely to the curb appeal of each individual address and the feeling of community throughout.

    Mahogany Community Features

    • 84 acres of combined lake and beachfront
    • Two sprawling private beach / park areas
    • 265 acres of open park space
    • 74 acres of naturalized woodlands
    • An inviting urban village with tons of amenities
    • Close to amenities and South Campus Hospital in Seton
    • Future C-Train line to run along 52nd Street SE
    • Nearby the New South Calgary Hospital

    An active homeowners association (HOA) provides a wide range of services like water recreation equipment and is the focal point of events like summer camps, hockey tournaments and more!

    As a member of the HOA, residents living in Mahogany real estate in Calgary have full access to countless acres of private, fenced-off beach and park area. They also have exclusive access to the clubhouse and use of water sports equipment (free!).

    Mahogany Real Estate Agents

    Browsing homes for sale in Mahogany? Thinking about selling your current property? Our Realtors® have the knowledge, skills and experience you need for a successful transaction when buying and selling Mahogany real estate in Calgary and would love to discuss your plans with you!

    Contact Cody & Jordan with RE/MAX House of Real Estate at 403-370-4008 if you have questions or would like us to set up a showing for you! Get a Free CMA Evaluation for your home in Mahogany today!

    We are looking forward to helping you accomplish your real estate goals!

    Return to Southeast Calgary Homes for Sale.