119 Magnolia Drive SE
Active Listing

119 Magnolia Drive SE

119 Magnolia Drive SE, Calgary

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4Bedrooms
3.5Bathrooms
$724,500Price
1,672Sq Ft

Welcome to a beautifully designed residence that delivers the perfect balance of comfort, style, and everyday functionality in one of Calgary’s most sought-after lake communities—Mahogany.

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Welcome to a beautifully designed residence that delivers the perfect balance of comfort, style, and everyday functionality in one of Calgary’s most sought-after lake communities—Mahogany. Thoughtfully laid out and filled with natural light, this home offers an inviting open-concept design that seamlessly connects the living, dining, and kitchen spaces—creating an ideal setting for both relaxed living and effortless entertaining. Clean lines, modern finishes, and modern window coverings throughout create a warm, cohesive aesthetic, offering a space that feels both elevated and approachable. The kitchen is both stylish and highly functional, featuring quality finishes, ample cabinetry, and a well-planned layout that makes day-to-day living easy while still impressing when hosting. It anchors the main floor and flows naturally into the living space, enhancing the overall sense of openness and connection. The living room serves as the true centerpiece of the home—designed for both comfort and impact. Adding exceptional value, the seller is willing to include a curated, near-new living room furniture package with a combined new replacement value of approximately $20,000. All pieces were thoughtfully selected in 2025 and remain in mint, barely-used condition. This package features a stunning West Elm Nassau 3-piece L-shaped sectional, perfectly complemented by two Pottery Barn Balboa upholstered swivel chairs—creating a refined yet highly functional seating arrangement. A professionally mounted 75” LG evo AI QNED85 4K Mini-LED Smart TV, purchased in March 2026, anchors the space, while a Pottery Barn end table completes the look. What truly sets this space apart is how the furnishings complement the full wall of window coverings framing the massive front window. Paired with the soaring ceiling height, the result is a space that immediately conveys elegance and sophistication—creating a striking first impression the moment guests step inside. Upstairs, the home continues to impress with additional windows and generously sized bedrooms, allowing natural light to pour in and creating bright, comfortable retreats throughout. A major highlight of this property is the fully legal City of Calgary–approved basement suite—offering a powerful opportunity to offset mortgage payments and reduce overall carry costs, whether used as a long-term rental, for extended family, or as a flexible income stream. As an added bonus, the seller is also willing to include select small appliances—featuring an espresso machine, ice cream maker, and air fryer, all purchased within the past year—further enhancing the convenience and move-in-ready appeal. All of this is set within Mahogany, one of Calgary’s premier lake communities, where residents enjoy private lake access, beaches, pathways, parks, and an abundance of nearby amenities, shops, and restaurants—delivering a lifestyle that is as valuable as the home itself.

Interactive Experience

Virtual Tour

Navigate through every room from anywhere in the world.

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Refined Amenities

Curated features for a sophisticated lifestyle.

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Beach Access

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Boating

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Clubhouse

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Park

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Party Room

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Picnic Area

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
Style2 Storey
StructureHouse
Transaction TypeFor Sale
Bedrooms4
Full Bathrooms3
Half Bathrooms1
Living Area1,672 sq ft
Living Area (m²)155.0 m²
Lot Size4,036 sq ft
Lot Acres0.0900
Year Built2024
LevelsTwo
Parking Total2
Parking FeaturesParking Pad,Unpaved
HeatingCentral,Forced Air,Natural Gas,Zoned
CoolingNone
FlooringCarpet,Ceramic Tile,Hardwood,Vinyl Plank
AppliancesBuilt-In Oven,Dishwasher,Gas Cooktop,Instant Hot Water,Microwave,Range Hood,Refrigerator,Washer/Dryer,Window Coverings
Interior FeaturesBuilt-in Features,Chandelier,Closet Organizers,Double Vanity,High Ceilings,Kitchen Island,Open Floorplan,Recessed Lighting,Separate Entrance,Smart Home,Stone Counters,Storage,Tankless Hot Water,Vinyl Windows,Walk-In Closet(s)
LaundryLaundry Room,Lower Level,Multiple Locations,Upper Level,Washer Hookup
BasementFull
Basement DevelopmentFinished
Basement FeaturesSeparate/Exterior Entry
RoofAsphalt Shingle
ConstructionComposite Siding,Stone,Wood Frame
FoundationPoured Concrete
Exterior FeaturesOther
FencingFenced
Patio / PorchDeck,Front Porch,Porch
Lot FeaturesBack Lane,Close to Clubhouse,Corner Lot,Irregular Lot,Level
Price / Sq Ft$433.31
Annual Taxes$4,520 (2025)
Tax Assessment$731,500
Second Fee$603.00/Annually
ZoningR-G
PossessionNegotiable
Occupant TypeOwner
Title / LandFee Simple
InclusionsBasement Dishwasher, Basement Hood Fan, Smart Home Hardware, Solar Panels and Associated Hardware, West Elm Nassua 3-Piece L-Shaped Sectional, Pottery Barn Balboa Upholstered Swivel Chairs x2, Pottery Barn Living Room End Table, 75" LG evo AI QNED85 4k UHD HDr Mini-LED Smart TV, TV Wall Mount, used Espresso Coffee Maker, used Ice Cream Maker, used Air Fryer
Days on Market38
ListedMarch 19, 2026
NeighbourhoodMahogany
DistrictCAL Zone SE
MLS NumberA2293922
The Location

Mahogany

119 Magnolia Drive SE, Calgary, Alberta, T3M 2T5

Clubhouse
Fishing
Lake
Other
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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 Royal LePage Benchmark.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $4,520. 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 Active. MLS A2293922. Listed March 19, 2026. Listed by Royal LePage Benchmark.

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 29, 2026.