5 Masters Street SE
Active Listing

5 Masters Street SE

5 Masters Street SE, Calgary

View Gallery
keyboard_arrow_down
4Bedrooms
3.0Bathrooms
$623,000Price
1,796Sq Ft

Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities.

format_quote

Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities. This beautifully designed two-story residence offers ample space, abundant natural light, and a harmonious blend of modern living and traditional charm. Situated on a corner lot, this home boasts an open-concept layout on the main floor, ideal for contemporary living and entertaining. The spacious living and dining area is complemented by an electric fireplace, while the well-appointed kitchen features a pantry and ample counter space. A rare main-floor bedroom and full bathroom provide flexibility for guests, accommodating multi-generational living or a private home office. Ascending to the upper level, you will discover three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and a luxurious four-piece ensuite bathroom. The upper level also offers two additional bedrooms, a full bathroom, convenient laundry facilities, and an open flex/den area, perfect for a study space or playroom. The unfinished basement holds great potential for future customization, allowing you to design it according to your unique preferences. It also offers a deck and two cars parking at the back and the option for future garage development. Residing in Mahogany Lake means embracing one of Calgary’s most sought-after lake communities, centered around the city’s largest freshwater lake, Mahogany Lake, spanning approximately 64 acres. Residents enjoy year-round recreational opportunities, including swimming, paddle sports, fishing, beach volleyball, skating rinks, and scenic walking and cycling paths. The community hub, Mahogany Beach Club, offers a splash park, picnic and barbecue areas, natural gas fire pits, a fishing dock, and a spacious 21,000 sq ft clubhouse. Nearby, Mahogany Wetlands provide 74 acres of preserved natural habitat and access to over 22 km of walking, jogging, and cycling trails. Conveniently located just minutes from South Health Campus, this home is complemented by excellent nearby schools, including Divine Mercy School and Mahogany School. It delivers the perfect combination of space, lifestyle, and investment potential within one of Calgary’s premier lake communities.

Interactive Experience

Virtual Tour

Navigate through every room from anywhere in the world.

Virtual tour

Refined Amenities

Curated features for a sophisticated lifestyle.

stars

Beach Access

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
Style2 Storey
StructureHouse
Transaction TypeFor Sale
Bedrooms4
Full Bathrooms3
Living Area1,796 sq ft
Living Area (m²)167.0 m²
Lot Size3,864 sq ft
Lot Acres0.0900
Year Built2017
LevelsTwo
Parking Total2
Parking FeaturesOff Street
Fireplaces1 (Electric,Living Room)
HeatingForced Air
CoolingNone
FlooringCarpet,Laminate
AppliancesDishwasher,Dryer,Electric Stove,Range Hood,Refrigerator,Washer,Window Coverings
Interior FeaturesLaminate Counters,No Animal Home,No Smoking Home,Open Floorplan,See Remarks
LaundryUpper Level
BasementFull
Basement DevelopmentUnfinished
Basement FeaturesOther
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Exterior FeaturesOther
FencingNone
Patio / PorchDeck
Lot FeaturesBack Lane,Back Yard,Corner Lot,Landscaped
Price / Sq Ft$346.91
Annual Taxes$4,279 (2025)
Tax Assessment$692,500
Second Fee$621.65/Annually
ZoningR-G
Possession60 Days / Neg
Occupant TypeOwner
Title / LandFee Simple
ListedApril 2, 2026
NeighbourhoodMahogany
DistrictCAL Zone SE
MLS NumberA2297137
The Location

Mahogany

5 Masters Street SE, Calgary, Alberta, T3M 2R5

Lake
Other
Park
Playground
mapOpen in Maps
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 REMAX Innovations.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $4,279. 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 A2297137. Listed April 2, 2026. Listed by REMAX Innovations.

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 4, 2026.