Have Questions? Contact Us

    or give us a call: 403.370.4180

    Main Content

    191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952

    191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952

    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

    Forgot password Extend Verify Contact

    191 Magnolia Way SE
    Mahogany Calgary T3M 3M7

    $740,000
    Residential beds: 5 baths: 4.0 1,747 sq. ft. built: 2022

    Main Photo: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 1: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 2: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 3: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 4: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 5: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 6: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 7: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 8: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 9: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 10: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 11: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 12: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 13: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 14: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 15: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 16: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 17: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 18: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 19: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 20: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 21: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 22: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 23: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 24: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 25: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 26: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 27: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 28: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 29: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 30: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 31: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 32: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 33: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 34: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 35: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 36: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 37: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 38: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 39: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 40: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 41: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 42: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 43: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 44: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 45: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 46: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 47: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 48: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 49: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Photo 50: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2345952
    Bedrooms:
    5
    Bathrooms:
    4
    Year Built:
    2022
    INVESTOR ALERT! A TRULY TURNKEY, HANDS-OFF INVESTMENT WITH GREAT TENANTS ALREADY IN PLACE! Built in 2023 by Hopewell Residential, this exceptionally well-maintained property offers an opportunity to own a premium income-generating home in the highly sought-after lake community of Mahogany. Featuring a spacious upper residence plus a LEGAL 2-bedroom basement suite, the property currently generates a combined $4,550/month ($54,600/year) in gross rental income from both units. The hard work has already been done, simply take over an established, income-producing property from day one. The upper residence stands out with impressive 10-foot ceilings, bright modern living spaces, a spacious kitchen, comfortable living and dining areas, well-sized bedrooms, a 5-piece ensuite and access to the double detached garage. The garage is equipped with an added subpanel to accommodate a future EV charger, an increasingly desirable feature for tenants. Both the front and backyard are fully maintenance-free, adding convenience for tenants while minimizing ongoing exterior upkeep for the owner. The LEGAL 2-bedroom basement suite feels anything but typical, with 9-foot ceilings, its own kitchen, living area, bathroom and separate entrance, creating a bright and comfortable independent living space. The outdoor areas have also been thoughtfully divided with double fencing, giving each unit its own private space. This property was designed with tenants in mind. The combination of a newer 2023 build, high ceilings on both levels, a legal suite, private outdoor spaces, maintenance-free landscaping and a double garage helps set it apart from a typical rental and makes it particularly attractive to quality, long-term tenants. Great tenants are already secured in both units, providing immediate and established rental income. No renovations to complete, no tenants to find and no maintenance to worry about, this property is truly set up to be a hands-off investment. Located in one of Calgary’s most desirable lake communities, residents enjoy access to Mahogany Lake and its year-round amenities, extensive pathways, parks, playgrounds, schools, shopping and restaurants, with convenient access to major roadways. For an investor looking for a newer, income-producing property without the usual upfront work, this is about as turnkey as it gets.
    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:
    1,747.41 sq. ft.
    Main Level Finished Area:
    889.41 sq. ft.
    Upper Level Finished Area:
    858 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    795.51 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Frequency:
    Annually
    HOA Fee Includes:
    Acreage:
    No
    Lot Area:
    2,852 sq. ft.
    Lot Frontage:
    25'7½"
    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:
    East
    Reg. Size:
    Reg. Size Includes:
    Levels:
    Two
    Total Rooms Above Grade:
    6
    Year built:
    2022 (Age: 4)
    Bedrooms:
    5 (Above Grd: 3)
    Bedrooms Above Grade:
    3
    Bedrooms On Main:
    0
    Bedrooms Below Grade:
    2
    Bathrooms:
    4.0 (Full:3, Half:1)
    Num Ensuite Baths:
    1
    Plan:
    2210571
    Heating:
    Forced Air, Natural Gas
    Basement:
    Full, Finished, Separate/Exterior Entry
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Masonite, Stone, Wood Frame
    Structure Type:
    House
    Roof:
    Asphalt Shingle
    Ensuite:
    Yes
    Flooring:
    Carpet, Tile, Vinyl Plank
    Cooling:
    None
    Fireplaces:
    0
    Garage:
    Yes
    Garage Spaces:
    2
    Parking:
    Double Garage Detached, Off Street
    Parking Places:
    2
    Parking Total/Covered:
    2 / -
    Laundry Features:
    Lower Level, Upper Level
    HOA Fee:
    $603.45
    Southeast
    Mahogany
    Park
    Dishwasher, Dryer, Electric Stove, Gas Range, Microwave Hood Fan, Range Hood, Refrigerator, Washer, Window Coverings
    Refrigerator (lower), dishwasher (lower), washer (lower), dryer (lower), curtain rod in living room with curtains, built-in microwave (upper).
    Easement Registered On Title, Restrictive Covenant
    Floor
    Type
    Size
    Other
    Main Floor
    Dining Room
    14'7" × 10'4"
    Main Floor
    Kitchen
    15'7" × 13'8"
    Main Floor
    Living Room
    16'1" × 13'9"
    Main Floor
    Mud Room
    10'3" × 4'11"
    Upper Level
    Bedroom
    11'6" × 9'6"
    Upper Level
    Bedroom
    11'5" × 9'
    Upper Level
    Bedroom - Primary
    14' × 12'7"
    Lower Level
    Bedroom
    12'5" × 9'4"
    Lower Level
    Bedroom
    10'5" × 9'
    Lower Level
    Kitchen
    13'10" × 10'2"
    Lower Level
    Game Room
    16' × 13'10"
    Lower Level
    Furnace/Utility Room
    14'6" × 6'6"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    2
    4'10" x 5'
    Upper Level
    No
    4
    4'11" x 8'9"
    Upper Level
    Yes
    5
    19'1" x 5'11"
    Lower Level
    No
    4
    4'11" x 7'6"
    Title to Land:
    Fee Simple
    Community Features:
    Clubhouse, Fishing, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
    Interior Features:
    Double Vanity, Soaking Tub, Walk-In Closet(s)
    Exterior Features:
    Private Entrance, Private Yard
    Patio And Porch Features:
    Deck
    Lot Features:
    Back Yard, See Remarks
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Calgary
    Zone:
    CAL Zone SE
    Zoning:
    R-G
    Listed Date:
    Sep 17, 2026
    Days on Mkt:
    • Photo 1: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 1 of 50
    • Photo 2: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 2 of 50
    • Photo 3: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 3 of 50
    • Photo 4: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 4 of 50
    • Photo 5: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 5 of 50
    • Photo 6: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 6 of 50
    • Photo 7: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 7 of 50
    • Photo 8: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 8 of 50
    • Photo 9: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 9 of 50
    • Photo 10: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 10 of 50
    • Photo 11: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 11 of 50
    • Photo 12: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 12 of 50
    • Photo 13: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 13 of 50
    • Photo 14: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 14 of 50
    • Photo 15: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 15 of 50
    • Photo 16: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 16 of 50
    • Photo 17: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 17 of 50
    • Photo 18: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 18 of 50
    • Photo 19: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 19 of 50
    • Photo 20: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 20 of 50
    • Photo 21: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 21 of 50
    • Photo 22: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 22 of 50
    • Photo 23: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 23 of 50
    • Photo 24: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 24 of 50
    • Photo 25: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 25 of 50
    • Photo 26: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 26 of 50
    • Photo 27: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 27 of 50
    • Photo 28: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 28 of 50
    • Photo 29: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 29 of 50
    • Photo 30: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 30 of 50
    • Photo 31: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 31 of 50
    • Photo 32: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 32 of 50
    • Photo 33: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 33 of 50
    • Photo 34: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 34 of 50
    • Photo 35: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 35 of 50
    • Photo 36: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 36 of 50
    • Photo 37: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 37 of 50
    • Photo 38: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 38 of 50
    • Photo 39: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 39 of 50
    • Photo 40: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 40 of 50
    • Photo 41: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 41 of 50
    • Photo 42: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 42 of 50
    • Photo 43: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 43 of 50
    • Photo 44: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 44 of 50
    • Photo 45: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 45 of 50
    • Photo 46: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 46 of 50
    • Photo 47: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 47 of 50
    • Photo 48: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 48 of 50
    • Photo 49: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 49 of 50
    • Photo 50: 191 Magnolia Way SE in Calgary: Mahogany Detached for sale : MLS®# A2345952
      Photo 50 of 50
    Listed by eXp Realty
    Data was last updated September 18, 2026 at 06:05 AM (UTC)
    Area Statistics
    Listings on market:
    121
    Avg list price:
    $700,000
    Min list price:
    $239,900
    Max list price:
    $2,149,900
    Avg days on market:
    42
    Min days on market:
    3
    Max days on market:
    362
    Avg price per sq.ft.:
    $406.65
    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
    powered by myRealPage.com
    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.