Houses for Sale in Mahogany

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Mahogany Calgary

Mahogany is a stunning and award-winning master-planned community located in Calgary’s southeast quadrant. Known for its luxurious lakeside living, abundant amenities, and family-friendly atmosphere, Mahogany has become one of the city’s most desirable neighborhoods. Developed by Hopewell Residential, this community offers a perfect blend of natural beauty, modern conveniences, and a strong sense of community. Mahogany is a premier neighborhood that redefines what it means to live in Calgary. With its stunning lake, diverse housing options, and family-friendly amenities, it’s no wonder Mahogany has become one of the city’s most sought-after communities. Whether you’re drawn to the natural beauty, the vibrant Urban Village, or the strong sense of community, Mahogany offers an unparalleled living experience.

Types of Houses Available

Mahogany offers a wide variety of single-family detached homes, making it a popular choice for families and those seeking more space. These homes come in a range of styles, from cozy starter homes to larger, more luxurious properties. Many feature modern layouts, open-concept designs, and high-end finishes. Some single-family homes are located on quiet streets, while others offer premium lakefront living with private docks and stunning water views. Mahogany’s diverse range of housing options ensures there’s something for everyone, whether you’re a first-time buyer, a growing family, or someone looking for a luxurious lakeside retreat.

The community’s thoughtful design, modern architecture, and access to Calgary’s largest lake make it a standout choice for homebuyers. Additionally, the variety of price points means that Mahogany is accessible to a wide range of budgets.

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232 Masters Cove SE

Mahogany Calgary T3M 2N8

$1,360,000

Residential beds: 5 baths: 4.0 3,094 sq. ft. built: 2018

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• Details
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Status:

Active

Prop. Type:

Residential

MLS® Num:

A2242421

Bedrooms:

5

Bathrooms:

4

Year Built:

2018

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Exceptional Lakeside Luxury | Solar-Powered | Walkout Basement | Triple Garage. Welcome to resort-style living in the heart of Mahogany—Calgary’s premier lake community! Tucked away on a quiet cul-de-sac, this custom Morison-built luxury Smart hi tech home offers the ultimate in elegance, energy efficiency, and year-round recreation with semi-private lake access just steps away. Swim, kayak, or paddle in the summer; skate and ice fish in the winter. Walk to the Mahogany Beach Club and enjoy tennis courts, skating rinks, and more. This impeccably maintained and extensively upgraded estate home features close to 4,000 sq ft of professionally developed living space, a fully finished walkout basement, and a rare 16.2 kW SOLAR panel system—the largest residential solar array in all of Mahogany (installed August 2024, fully paid, $50K+ value). Say goodbye to electric bills and hello to earning passive energy income while charging your EV for free via the built-in Level 2 charger. Inside, the main floor showcases a show-stopping great room with custom built-ins and gas fireplace, a chef-inspired kitchen with high-end stainless appliances, oversized central island, custom cabinetry, and expansive stone countertops—all flooded with natural light from floor-to-ceiling windows. Entertain in the elegant formal dining area or enjoy casual dining on the massive full-width deck, accessible from the kitchen/dining area. A discreet main floor office is perfect for working from home. Upstairs, retreat to your lavish primary suite with spa-like 5-piece ensuite, dreamy walk-in closet, and direct access to the laundry room. 3 additional bedrooms, a full 4-piece bathroom, and the smartly designed laundry space complete the upper level. The walk-out basement offers versatility with a full second kitchen, oversized windows, spacious rec room, additional bedroom, and a full bath—ideal for a guest suite, gym, media space, or multi-generational living. Further upgrades include: Hi tech Alexa operated, Dual-zone Central A/C, Hunter Douglas smart blinds (voice/app controlled), Double attic insulation, 2 High efficacy furnaces, second laundry set in the basement, Water softener, CAT6 wiring throughout, Professionally installed Gemstone exterior lights, Oversized TRIPLE garage with EV charging and smart Wi-Fi laundry and smart counter induction cook top. This is truly one of Mahogany’s most energy-efficient and beautifully appointed homes. A rare opportunity to own a fully loaded, turnkey luxury property in one of Calgary’s most desirable lake communities. offered at $150,000+ below replacement cost.

Documents & Links:

Map Service

General Info:

Property Type:

Residential

Property Sub Type:

Detached

Condo Type:

Not a Condo

Transaction Type:

For Sale

Possession:

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Possession Date:

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Suite:

Suite - Illegal

Home Style:

2 Storey

Total Living Area:

3,094 sq. ft.287 m2

Lower Level Finished Area:

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Above Grade Finished Area:

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Taxes:

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Tax Assessed Value:

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HOA Fee Frequency:

Annually

HOA Fee Includes:

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Lot Area:

4,983 sq. ft.463 m2

Lot Frontage:

44'13.4 m

Acres Cleared:

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Acres Cultivated:

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Acres Irrigated:

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Acres Leasehold:

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Acres Not Cultivated:

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Acres Freehold:

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Acres Seeded:

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Acres Tame Hay:

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Acres Treed:

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Acres Waste:

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Acres Water Rights:

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Front Exposure:

West

Reg. Size:

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Reg. Size Includes:

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Levels:

Two

Total Rooms Above Grade:

10

Year built:

2018 (Age: 7)

Bedrooms:

5 (Above Grd: 4)

Bedrooms Above Grade:

4

Bedrooms Below Grade:

1

Bathrooms:

4.0 (Full:3, Half:1)

Plan:

1611227

Additional Info:

Heating:

Forced Air, Natural Gas, Solar

Basement:

Full, Walk-Out To Grade

Foundation:

Poured Concrete

New Constr.:

No

Construction Material:

Wood Frame

Structure Type:

House

Roof:

Asphalt Shingle

Ensuite:

Yes

Flooring:

Carpet, Laminate, Tile

Cooling:

Central Air, Full

Fireplaces:

1

Fireplace Details:

Electric

Garage:

Yes

Garage Spaces:

3

Parking:

220 Volt Wiring, Garage Faces Front, In Garage Electric Vehicle Charging Station(s), Insulated, Triple Garage Attached

Parking Places:

6

Parking Total/Covered:

6 / -

Laundry Features:

Upper Level

HOA Fee:

$850.00

Community:

Mahogany

Amenities:

Beach Access, Clubhouse

Appliances:

Central Air Conditioner, Dishwasher, Dryer, Electric Oven, Garage Control(s), Induction Cooktop, Microwave, Range Hood, Refrigerator, Washer, Water Softener, Window Coverings

Inclusions:

Solar panels with car charging station

Restrictions:

None Known

Room Information:

Floor

Type

Size

Other

Main Floor

Kitchen

19'5.79 m × 12'1"3.68 m

Main Floor

Living Room

15'11"4.85 m × 15'9"4.80 m

Main Floor

Dining Room

12'3.66 m × 9'4"2.84 m

Main Floor

Dinette

20'6.10 m × 6'9"2.06 m

Main Floor

Office

10'11"3.33 m × 9'3"2.82 m

2nd Floor

Bedroom - Primary

18'10"5.74 m × 15'9"4.80 m

2nd Floor

Family Room

23'7.01 m × 15'7"4.75 m

2nd Floor

Bedroom

13'6"4.11 m × 12'4"3.76 m

2nd Floor

Bedroom

134'6"41.00 m × 10'3.05 m

2nd Floor

Bedroom

13'6"4.11 m × 11'10"3.61 m

Lower Level

Game Room

33'3"10.10 m × 20'1"6.12 m

Lower Level

Bedroom

12'8"3.86 m × 11'3.35 m

Bathrooms:

Floor

Ensuite

Pieces

Other

Main Floor

No

2

4'11" x 5'

2nd Floor

Yes

5

15'8" x 14'8"

2nd Floor

No

5

5'1" x 11'9"

Lower Level

No

4

4'11" x 7'4"

Land Info:

Title to Land:

Fee Simple

Community Features:

Clubhouse, Fishing, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Interior Features:

Chandelier, Closet Organizers, Granite Counters, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Recessed Lighting, Separate Entrance, Smart Home, Vaulted Ceiling(s), Vinyl Windows, Wired for Data

Exterior Features:

Balcony, BBQ gas line, Lighting, Playground, Private Yard

Patio And Porch Features:

Deck, Side Porch

Lot Features:

Gentle Sloping, Low Maintenance Landscape, Rectangular Lot

Num. of Parcels:

0

Fencing:

Fenced

Region:

Calgary

Zone:

CAL Zone SE

Zoning:

R-G

Listing Info:

Listed Date:

Jul 23, 2025

Days on Mkt:

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Listed by RE/MAX West Real Estate

Data was last updated July 25, 2025 at 12:05 PM (UTC)

Area Statistics

Listings on market:

169

Avg list price:

$664,900

Min list price:

$259,900

Max list price:

$3,550,000

Avg days on market:

35

Min days on market:

1

Max days on market:

214

Avg price per sq.ft.:

$433.9

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.

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• CIR REALTY
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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.

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FAQ’S

Mahogany is Calgary’s premier lake community, offering access to the city’s largest freshwater lake, two private beaches, and over 265 acres of parks and wetlands. It’s a thoughtfully designed neighborhood that combines natural beauty, modern amenities, and a strong sense of community. Whether you’re looking for outdoor recreation, family-friendly spaces, or a vibrant urban village, Mahogany has it all.

Mahogany offers a wide range of housing options, from affordable condos and townhouses to spacious single-family homes and luxurious lakefront estates. Whether you’re a first-time buyer, a growing family, or someone looking for a high-end property, there’s something in Mahogany to suit your needs and budget.

Mahogany offers a unique lifestyle that’s hard to find elsewhere in Calgary. The lake provides year-round activities like swimming, paddleboarding, and skating, while the Urban Village offers shops, restaurants, and services just steps away. The abundance of green spaces, walking trails, and family-friendly amenities creates a perfect balance of relaxation and convenience.

Mahogany is an excellent investment. As one of Calgary’s most desirable neighborhoods, homes in Mahogany tend to hold their value well. The community’s ongoing development, strong demand for lakefront living, and proximity to amenities like the South Health Campus and Seton area make it a smart choice for long-term growth and value appreciation.

Families love Mahogany for its safe, welcoming environment and abundance of kid-friendly amenities. The community features excellent schools, playgrounds, splash parks, and sports fields, as well as year-round activities at the lake. The Mahogany Homeowners Association also organizes events that bring families together, fostering a strong sense of community. Mahogany is located right next to Auburn Bay within the South East Quadrant in Calgary.