Twitter
Facebook
Email
|
Welcome to 399 Magnolia Drive SE, a modern two storey home with a basement legal suite in the heart of Mahogany, one of Calgary's most sought after lake communities. Built in 2023, this thoughtfully designed home offers 5 bedrooms, 3.5 bathrooms, and 1,749 sq. ft. RMS above grade, fully finished basement legal suite( 2 bedrooms) with a separate private entrance. The main level features a bright open concept layout with quartz countertops, a large kitchen island, luxury vinyl plank flooring, a dedicated home office, and spacious living and dining areas designed for comfortable everyday living and entertaining. Upstairs, you'll find a generous primary bedroom complete with a walk-in closet and 3-piece ensuite, along with two additional bedrooms, a full bathroom, and the convenience of upper-level laundry. The legal basement is an excellent mortgage helper or investment opportunity, offering 2 bedrooms, a full kitchen, a 4-piece bathroom, with a laundry, and its own private entrance. The main floor is vacant, providing immediate possession for an owner-occupant, while the basement is currently tenanted with a lease in place until August 2026. Outside, enjoy a private backyard, rear alley access with a parking pad, and an unbeatable location just minutes from Mahogany Lake, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking and biking pathways. A rare opportunity to own a nearly new home with a legal suite in one of Calgary's premier lake communities, ideal for homeowners and investors alike.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 7/24/2026 |
|---|---|---|---|
| TRACT | Mahogany | YEAR BUILT | 2023 |
| COUNTY | Calgary | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Washer/Dryer |
| BASEMENT | Exterior Entry, Finished, Full, Yes |
| CONSTRUCTION | Frame |
| EXTERIOR | Private Yard |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Built-in Features, Kitchen Island, Walk-In Closet(s) |
| LOT | 2614 sq ft |
| LOT DESCRIPTION | Back Yard |
| STORIES | 2 |
| STYLE | 2 Levels |
| SUBDIVISION | Mahogany |
| TAXES | 5014 |
| WATERFRONT DESCRIPTION | Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Doug, Marjorie & Kevin
McKay to contact you even if your name is on a Federal or State
"Do not call List".
Listed with URBAN-REALTY.ca
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System.
Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.
Data last updated 7/26/26 9:55 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
