321 Magnolia Way SE
Pending Listing

321 Magnolia Way SE

321 Magnolia Way SE, Calgary

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5Bedrooms
3.5Bathrooms
$695,000Price
1,804Sq Ft

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.

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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. 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.

Interactive Experience

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Refined Amenities

Curated features for a sophisticated lifestyle.

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Beach Access

weekend

Clubhouse

yard

Community Gardens

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Party Room

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Picnic Area

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Playground

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
Style2 Storey
StructureHouse
Transaction TypeFor Sale
New Construction1
Bedrooms5
Full Bathrooms3
Half Bathrooms1
Living Area1,804 sq ft
Living Area (m²)168.0 m²
Lot Size3,239 sq ft
Lot Acres0.0700
Year Built2023
LevelsTwo
Garage Spaces2
Parking Total2
Parking FeaturesDouble Garage Detached,Garage Door Opener,Garage Faces Rear,Oversized,See Remarks
HeatingForced Air
CoolingNone
FlooringCarpet,Ceramic Tile,Vinyl Plank
AppliancesDishwasher,Dryer,Electric Oven,Garage Control(s),Humidifier,Microwave,Range Hood,Refrigerator,Washer,Window Coverings
Interior FeaturesBreakfast Bar,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Separate Entrance,Storage,Vinyl Windows,Walk-In Closet(s)
LaundryUpper Level
BasementFull
Basement DevelopmentFinished
Basement FeaturesSeparate/Exterior Entry
RoofAsphalt Shingle
ConstructionVeneer,Wood Frame
FoundationPoured Concrete
Exterior FeaturesGarden,Private Entrance,Private Yard
FencingFenced
Patio / PorchDeck
Lot FeaturesBack Lane,Back Yard,Close to Clubhouse,Front Yard,Landscaped,Lawn,Level,Low Maintenance Landscape,Private,Rectangular Lot,Zero Lot Line
Price / Sq Ft$385.33
Annual Taxes$4,944 (2025)
Tax Assessment$800,000
Second Fee$603.54/Annually
ZoningR-G
PossessionNegotiable
Occupant TypeOwner
Title / LandFee Simple
Inclusionsn/a
Days on Market24
ListedMarch 25, 2026
NeighbourhoodMahogany
DistrictCAL Zone SE
MLS NumberA2296216
The Location

Mahogany

321 Magnolia Way SE, Calgary, Alberta, T3M 3S6

Clubhouse
Fishing
Gated
Lake
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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of eXp Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $4,944. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Pending. MLS A2296216. Listed March 25, 2026. Listed by eXp Realty.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: April 30, 2026.