Mahogany Homes with Full Basement Development

Mahogany Homes with Full Basement Development

Welcome to Mahogany, one of Calgary's most vibrant and sought-after communities! Nestled in the southeastern part of the city, Mahogany is renowned for its picturesque lakeside living and an abundance of recreational opportunities. This family-friendly neighborhood is designed with an emphasis on community spirit, offering residents a serene environment with easy access to urban conveniences.

The heart of Mahogany is its stunning 63-acre lake, where residents can enjoy a plethora of activities year-round. From paddleboarding in the summer to ice skating in the winter, Mahogany provides a lifestyle that embraces the great outdoors. The community is also home to beautiful parks, scenic pathways, and an array of playgrounds, making it an ideal place for families to thrive.

When it comes to housing, Mahogany boasts a diverse selection of homes, including options with full basement development. These thoughtfully designed residences provide ample space for growing families or those looking to create a cozy retreat. With full basement development, homeowners can enjoy additional living areas, perfect for game rooms, home theaters, or guest suites. The homes in Mahogany are crafted with modern finishes and energy-efficient features, ensuring comfort and style.

Beyond the stunning properties, Mahogany offers a strong sense of community with local shops, restaurants, and schools within reach. The community’s commitment to fostering connections among residents is evident through various events and activities held throughout the year.

Discover the charm of Mahogany, where lakeside living meets modern convenience, and find the perfect home that fits your lifestyle!

Newest Mahogany Homes with Full Basement Development

$610,000
3 Beds 3 Baths A2341344 MLS® #
SHOWS 10/10! Welcome to this beautifully maintained and MOVE-IN READY HOME offering an exceptional combination of STYLE, FUNCTIONALITY, OUTDOOR SPACE, AND THE INCREDIBLE LIFESTYLE THAT COMES WITH LAKE ACCESS IN MAHOGANY! Situated on a generously sized and beautifully developed lot, this home is in PRISTINE CONDITION and showcases thoughtful upgrades throughout, including CENTRAL A/C, CUSTOM WINDOW TREATMENTS, STONE COUNTERTOPS, AND A HIGHLY FUNCTIONAL OPEN-CONCEPT FLOOR PLAN. Step inside to a welcoming foyer that leads into the bright and inviting main floor. The thoughtfully designed layout offers a spacious LIVING ROOM, generous dining area, and a well-appointed kitchen that serves as the heart of the home. The kitchen features beautiful STONE COUNTERTOPS, ample cabinetry, excellent counter space, and a convenient PANTRY, making everyday cooking and entertaining a pleasure. The open flow between the kitchen, dining, and living areas creates a comfortable and versatile space for family gatherings and entertaining. A convenient 2-PIECE POWDER ROOM and functional MUDROOM complete the main level. Upstairs, you'll find a spacious PRIMARY BEDROOM RETREAT complete with a WALK-IN CLOSET and private 3-PIECE ENSUITE. Two additional generously sized bedrooms provide plenty of space for children, guests, or a home office. A full 4-PIECE BATHROOM and the added convenience of UPPER-FLOOR LAUNDRY complete this family-friendly level. The UNFINISHED BASEMENT offers approximately 506 SQ. FT. OF OPEN SPACE, providing an incredible opportunity to customize the lower level to suit your family's needs. Create a recreation room, home theatre, gym, additional bedroom, office, or additional storage—the possibilities are endless! Step outside and enjoy your own private outdoor retreat! The REAR DECK is perfect for summer BBQs, outdoor dining, or relaxing with family and friends. The FULLY FENCED, DEVELOPED, AND LANDSCAPED BACKYARD offers exceptional space to enjoy, while the OVERSIZED YARD provides plenty of room for children, pets, gardening, and outdoor entertaining. Car enthusiasts, hobbyists, and those needing additional storage will appreciate the impressive DOUBLE DETACHED GARAGE WITH THREE DOORS AND REAR ACCESS. Measuring approximately 19'4" X 21'2", the garage provides approximately 410 SQ. FT. OF INTERIOR SPACE and offers excellent functionality for vehicles, storage, and everyday convenience. Additional highlights include CENTRAL AIR CONDITIONING FOR YEAR-ROUND COMFORT, beautiful CUSTOM WINDOW TREATMENTS, a FULLY SERVICED AND WELL-MAINTAINED MECHANICAL SYSTEM, and ABUNDANT EXTRA STREET PARKING for guests and additional vehicles. Located in the award-winning lake community of MAHOGANY, this home offers the incredible benefit of LAKE ACCESS, allowing you to enjoy year-round recreational activities and an exceptional community lifestyle. DON'T MISS THIS INCREDIBLE OPPORTUNITY TO OWN A BEAUTIFULLY MAINTAINED HOME WITH LAKE ACCESS IN MAHOGANY—BOOK YOUR PRIVATE SHOWING TODAY!

589 Masters Road Se, Calgary

Courtesy of CIR Realty.

$629,900
3 Beds 3 Baths A2341247 MLS® #
Welcome to Mahogany, one of Calgary’s most sought-after communities! This incredible four-season lake community offers a wealth of amenities for residents to enjoy year-round. Nestled in a tranquil cul-de-sac, this charming family home boasts a prime location with schools just a short stroll away, making mornings effortless and days more enjoyable. Children can safely play on the quiet street while forming friendships with neighbors. Inside, the open-concept floor plan is designed for modern living, featuring 9’ ceilings on the main floor, hardwood flooring, and a seamless layout connecting the living, dining, and kitchen spaces. The kitchen is a chef’s dream with quartz countertops, an upgraded stainless steel appliance package, and stylish railing details, while a cozy den off the entryway offers the perfect space for a home office, reading nook, or music room. Upstairs, you’ll find three generously sized bedrooms, including a spacious primary suite with a luxurious five-piece ensuite featuring a soaker tub, dual sinks, a shower, and a walk-in closet, along with two additional bedrooms and a four-piece bathroom. The west-facing backyard is a private retreat, complete with a large deck and an oversized garage pad—perfect for enjoying morning coffee or evening relaxation. New Carpet (2026),New Double Garage (2025).With its prime location within walking distance of schools, parks, and the community’s scenic pathway system, this Mahogany home offers the perfect blend of tranquility and convenience. Don’t miss out on this incredible opportunity—schedule your viewing today and step into a home designed for making lasting memories!

25 Marquis Place Se, Calgary

Courtesy of TrustPro Realty.

$1,149,900
5 Beds 4 Baths A2341630 MLS® #
Welcome to a standout corner lot home in the heart of Mahogany where thoughtful design meets everyday comfort and added privacy.The main floor offers a bright, open-concept layout finished with rich hardwood flooring and a spacious kitchen built for both function and style. You’ll find granite countertops, a large central island, pantry, garburator, and a full stainless steel appliance package including stove, oven, fridge, dishwasher, and microwave. The space flows seamlessly into the dining and living areas, creating the perfect setting for hosting or relaxing. A convenient 2-piece bathroom, laundry area, mudroom, and access to the triple attached front garage complete the main level.Upstairs, you’re greeted by a generous bonus/family room highlighted by tray ceilings, along with three well-sized bedrooms and a 5-piece main bathroom. The primary retreat is designed to impress, featuring a walk-in closet and a spa-like 5-piece ensuite with heated floors for added comfort. Upper-level laundry adds even more convenience.The fully finished basement extends your living space with a large rec room, an additional bedroom, a dedicated office or library, a 4-piece bathroom, utility space, and a walk-in closet.Outside, enjoy a low-maintenance lifestyle with artificial turf and exposed aggregate in both the front and backyard. The corner lot placement offers extra space, enhanced curb appeal, and more privacy. A 3-car driveway and electrical outlets under the back patio make outdoor living and entertaining effortless.With central A/C and a layout that balances luxury and practicality, this is a home that truly delivers—move-in ready and built to be enjoyed.

248 Marquis Landing Se, Calgary

Courtesy of Real Estate Professionals Inc..

$807,000
4 Beds 4 Baths A2340484 MLS® #
4 BEDROOMS | 3.5 BATHROOMS | OVER 2,800 SQFT OF DEVELOPED LIVING SPACE | FULLY FINISHED BASEMENT | DOUBLE ATTACHED GARAGE | CENTRAL AIR CONDITIONING | Welcome to this beautifully maintained Kalos floor plan by Hopewell Residential, offered by its original owners and ideally positioned on a family-friendly street in Mahogany. Thoughtful upgrades, stylish design details, and a highly functional floor plan make this an excellent home for a growing family. The bright main floor features modern vinyl plank flooring throughout. At the centre of the home is a beautifully finished kitchen with white upper cabinetry, a contrasting taupe island, quartz countertops, black hardware, Silgranite sink, stainless steel appliances, and a walk-in corner pantry. The adjacent dining area is highlighted by a modern black light fixture and feature wall, while sliding patio doors provide direct access to the rear deck and backyard. At the back of the home, the living room is filled with natural light from an impressive oversized window with upgraded Hunter Douglas blinds. A raised ceiling detail allows for even more glass and enhances the sense of space, while the electric fireplace is finished with marble-style 12x24 tile extending all the way to the ceiling. The rear entry adds further functionality with a large walk-in closet and another stylish feature wall. Upstairs, the bonus room provides a comfortable second living space and includes a large opening overlooking the stairwell, helping natural light flow throughout the upper level. The primary retreat is especially spacious, with room for a cozy reading nook and an impressive walk-through closet with two separate entrances. The 5-piece ensuite features dual sinks, quartz counters, tile flooring, a standalone soaker tub, and separate shower. Down the hall are two generously sized kids' bedrooms, both with walk-in closets and modern wallpaper feature walls, along with a full 4-piece bathroom and convenient upper-floor laundry. Additional feature details in the hallway and primary bedroom add personality and warmth throughout the home. The builder-finished basement adds even more usable space with 9-foot ceilings, a large recreation room, fourth bedroom with egress window, full 4-piece bathroom, and an oversized utility/storage room providing plenty of additional storage. Outside, the rear deck steps down to a paving-stone walkway leading to the firepit area, creating a great space for summer evenings with family and friends. Central air conditioning adds comfort during Calgary's warmer months. Located in the award-winning lake community of Mahogany, you'll enjoy access to beaches, parks, pathways, schools, shopping, restaurants, recreation, and year-round lake amenities. Beautifully cared for, thoughtfully designed, and situated on a welcoming family-friendly street, this home shows exceptionally well and is ready for its next family.

244 Masters Row Se, Calgary

Courtesy of Real Broker.

$699,999
5 Beds 4 Baths A2340494 MLS® #
JUMBO LOT! Rarely do you see a laned lot this big in Mahogany! This is a turnkey investment opportunity in with a LEGAL suite and two rental incomes! Offering approximately 1,766 sq. ft. of developed living space, this well-maintained townhome features 5 bedrooms, 3.5 bathrooms and a fully rented configuration, making it an excellent addition to an investment portfolio. The main area offers a bright, open-concept layout with durable luxury vinyl plank flooring, crisp white cabinetry, granite countertops, stainless steel appliances and a large centre island with breakfast bar. The spacious living and dining areas are filled with natural light, creating a comfortable and functional space for everyday living. Upstairs, you'll find 3 bedrooms, including a spacious primary bedroom, along with a full 5 pc. ensuite, convenient laundry and a full bathroom. The legal 2 bedroom basement suite provides an additional income stream and offers its own comfortable living space, kitchen, bathroom and separate living accommodations. A double attached garage adds valuable parking and storage. Located in the highly desirable lake community of Mahogany, where residents enjoy access to the lake and beach club, tons of pathways, parks, schools, shopping, restaurants and countless amenities. Fully rented, legally suited and income-generating this is a fantastic opportunity to own a turnkey investment in one of Calgary’s most sought-after communities. An opportunity worth adding to your portfolio!

76 Magnolia Grove Se, Calgary

Courtesy of eXp Realty.

$649,900
4 Beds 4 Baths A2340533 MLS® #
Welcome to this beautifully upgraded, fully finished home in the sought-after lake community of Mahogany. Thoughtfully maintained inside out and move-in ready, this south-facing property offers over 2,200 sq. ft. of fully developed living space, central air conditioning for maximum comfort, solar panels offering utmost efficiency, and a newly built double detached garage featuring an oversized 8-foot door ideal for larger vehicles and roof racks, plus a rare yard-facing utility door. The main floor features an inviting open-concept layout enhanced by impressive 11-foot ceilings. A spacious flex room offers versatility as a home office, playroom or additional living space, while brand-new custom shelving and an electric fireplace add both function, character and ambience. The living room flows seamlessly into the dining area and kitchen, creating a comfortable inviting space for everyday living and entertaining. The chef’s kitchen is beautifully appointed with quartz countertops, a full stainless steel appliance package including a gas stove, abundant cabinetry with gold accents, a large pantry and striking marble tile. A two-piece bathroom and functional mudroom complete the main level. Upstairs, the primary suite offers a private ensuite with dual vanities, marble tile and an oversized glass shower. Two additional bedrooms, a full four-piece bathroom and convenient upper-level laundry provide excellent functionality. All three upstairs bedrooms feature custom built-in shelving for added organization and storage. The fully developed basement expands the home’s versatility with a spacious fourth bedroom featuring a custom sliding barn door, a full bathroom, a multi-purpose workout room ready to adapt as a playroom, office, media space, or hobby room to suit all your needs, plus plenty of additional storage. Outside, enjoy the sunny lowered deck and stamped concrete area offering additional functional outdoor space for relaxing after a long day, or a great place for the kids to play. The newly built garage provides another standout feature with its yard-facing utility door, creating convenient access between the garage and backyard, making home projects or car repairs effortless. Recent upgrades include HomeOne premium year-round exterior lighting with over 600 colour combination options, central AC for year-round comfort, a reverse-osmosis drinking water system and solar panels. Located within walking distance of Mahogany’s main beach, residents enjoy lake amenities like swimming, paddle-boarding, skating, and year-round community events. Beyond the lake, Mahogany continues to grow as a top-tier investment, offering close access to local childcare, retail outlets, restaurants and nearby destinations like Park Place Market and Fish Park, with even more commercial developments and businesses on the way. Combined with extensive upgrades and flexible living spaces, this move-in-ready home offers an exceptional blend of comfort, functionality, and long-term value.

406 Masters Road Se, Calgary

Courtesy of Royal LePage Benchmark.

$1,269,000
6 Beds 4 Baths A2333569 MLS® #
**OPEN HOUSE SATURDAY AUG 29 1PM-3PM** Situated on a quiet street in the award-winning lake community of Mahogany and BACKING DIRECTLY ONTO THE SCENIC WETLANDS AND PATHWAY SYSTEM, this extensively upgraded Jayman-built home offers OVER 3,600 SQ FT OF BEAUTIFULLY FINISHED LIVING SPACE. Featuring 6 BEDROOMS and thoughtfully designed spaces throughout, this exceptional home blends luxury, comfort, and functionality. Meticulously maintained by its original owners, it reflects exceptional pride of ownership and an impressive collection of upgrades.A substantial renovation completed in 2022 transformed the interior with REFINISHED HARDWOOD FLOORING, NEW BASEBOARDS, FRESH PAINT, UPDATED LIGHTING, MODERN BLACK HARDWARE, and extensive kitchen enhancements. The chef-inspired kitchen features expanded cabinetry, a designer tile backsplash, feature hood fan, GRANITE COUNTERTOPS, large central island, built-in wall oven, and cooktop. The refrigerator, wall oven, and cooktop were replaced in 2025, along with TWO NEW HOT WATER TANKS. Large windows fill the main floor with natural light while capturing beautiful views of the landscaped backyard and wetlands beyond.Upstairs, a SPACIOUS BONUS ROOM provides an inviting gathering space, while generously sized bedrooms and a DEDICATED HOME OFFICE offer flexibility for family life. The primary suite is complemented by a FULLY RENOVATED SPA-INSPIRED ENSUITE completed in 2022, featuring a freestanding soaker tub, glass-enclosed shower, elegant tile flooring, and updated fixtures. The powder room was also refreshed with updated lighting, mirror, and fixtures.The FULLY DEVELOPED BASEMENT adds additional bedrooms, a full bathroom, and generous recreation space ideal for a media room, games area, gym, or guest accommodations. CUSTOM CALIFORNIA CLOSETS throughout provide premium organization and storage.Outside, the PROFESSIONALLY LANDSCAPED BACKYARD creates a private retreat with DIRECT ACCESS TO MAHOGANY'S PATHWAY SYSTEM AND PROTECTED WETLANDS. Permanent GEMSTONE EXTERIOR LIGHTING adds year-round ambiance and curb appeal.Living in Mahogany means enjoying one of Calgary's premier lake communities, where natural beauty, recreation, and everyday convenience come together. Spend summer days at the lake, explore kilometres of pathways and wetlands, and enjoy nearby parks and amenities. This is an exceptional opportunity to grow your family and experience the lifestyle that makes Mahogany such a special place to call home.

119 Marquis Grove Se, Calgary

Courtesy of eXp Realty.

$930,000
4 Beds 4 Baths A2339527 MLS® #
Welcome Home to this exceptional family home, ideally situated on a quiet cul-de-sac in Mahogany on a private pie-shaped lot with no neighbours directly behind. Enjoy a sought-after west backyard exposure and direct access to the walking and biking pathway beyond the rear fence. Designed with both everyday living and entertaining in mind, this beautifully upgraded home offers an outstanding layout and impressive attention to detail throughout. The main floor features 9-foot ceilings, vaulted ceiling details, slate tile and rich Alder hardwood flooring, a private den, and an open-concept design filled with oversized windows. The chef-inspired kitchen is the heart of the home, highlighting granite countertops, extended cabinetry, professional-grade appliances, pendant lighting, and a striking bulkhead ceiling with pot lights. The adjoining dining area and family room are perfect for gathering, highlighted by a gas fireplace and elegant wood and wrought-iron spindle railings. Upstairs, a uniquely designed central bonus room separates two generous bedrooms from the impressive primary retreat. The oversized primary bedroom features additional large windows, a custom walk-in closet, and a luxurious spa-inspired five-piece ensuite. Convenient upper-floor laundry completes this exceptional level. The fully finished basement adds even more space with a theatre and recreation area, second gas fireplace, fourth bedroom, and a three-piece bathroom featuring a walk-in steam shower. Step outside to the huge, private backyard, complete with poured exposed and stamped concrete—an incredible setting for entertaining or a growing family. Additional features include air conditioning and an oversized double attached garage. This is an exceptional opportunity to enjoy space, privacy, views, and an outstanding family lifestyle in Mahogany.

315 Mahogany Court Se, Calgary

Courtesy of RE/MAX Landan Real Estate.

$1,250,000
4 Beds 4 Baths A2335869 MLS® #
This exquisite four-bedroom family home backs directly onto the Mahogany Wetlands Pond, offering a perfect blend of luxury and natural beauty. A secluded, spacious foyer keeps the main floor private upon entry. Step up onto beautiful light-stained hardwood that flows through the naturally bright, open living space. The chef-inspired, U-shaped kitchen features a central island, a custom vent hood, and a walk-in pantry equipped with custom shelving, appliance counters, and deep drawers. Premium appliances, including a 5-burner Wolf gas cooktop, a Bosch dishwasher, all framed by clean white quartz countertops. Oversized windows provide unprecedented water views, bathing the home in light. Entertain guests in the elegant dining room or step outside to the deck, which features a natural gas BBQ hookup and scenic pond vistas. Upstairs, a central bonus room includes a dedicated homework space with a built-in desk. The functional laundry room offers built-in shelving and ample hanging space. The primary retreat serves as a spa-like oasis, boasting double sinks with central cupboard storage, a standalone shower, a soaking tub, and a custom walk-in closet complete with glass-door cabinetry and a built-in mirror. Two additional generously sized bedrooms complete the upper level. Custom accent lighting guides you to the lower level, which features nine-foot ceilings and massive sunshine windows that flood the space with natural light. The sprawling family room is built for entertaining, equipped with a fireplace and a custom wet bar. Elegant French doors lead to a home office, while a second set opens into the fourth bedroom. The lower level also features a three-piece bathroom with a glass-enclosed shower, trendy tile work, and heated floors. Built to last, the exterior is wrapped in durable Hardie Board siding. Mechanical and smart upgrades include a recently upgraded 200-amp electrical panel, dual high-efficiency forced-air furnaces, and a 60-amp EV fast charger in the garage. The garage also comes fully equipped with heavy-duty shelving and wall slats. The backyard features a private fire pit area for evening gatherings, with a back gate that opens directly onto miles of scenic community pathways. Located in a prime family-friendly area, this home is a quick walk from two local schools, four playgrounds, and just five minutes from the community recreation centre.

12 Masters Court Se, Calgary

Courtesy of CIR Realty.

$659,900
4 Beds 4 Baths A2339409 MLS® #
Welcome to your private oasis in Mahogany! Nestled on a quiet cul-de-sac in Calgary’s premier award-winning lake community, this immaculate FULLY DEVELOPED two-story home offers over 2,300 square feet of total living space. From the moment you step into the generous foyer, the home radiates pride of ownership with nine-foot ceilings, beautiful hardwood floors on the main level, and sun-drenched windows throughout. The main living space is anchored by a stunning large stone gas fireplace, creating a warm and inviting atmosphere that flows seamlessly into the chef’s kitchen. Here you will find quartz countertops, stainless steel appliances, a center island with an eating bar, and a spacious pantry. The true showstopper of the main level is a rare, hidden bookshelf sanctuary room—providing an enchanting private space for a home office, reading den, or kids play space. Upstairs, you will find three generous bedrooms, a central four-piece bathroom, and a dedicated laundry room. The primary suite serves as a true sanctuary, featuring soaring vaulted ceilings, a walk-in closet, and a spa-inspired four-piece ensuite complete with a large soaker tub and full tile shower. The living space extends into the fully developed basement, complete with a large rec room, 4th bedroom with an oversized walk-in closet and four-piece bathroom. Stepping outside, the backyard features a large deck equipped with a gas outlet, low maintenance landscaping and a double detached garage. Major mechanical and exterior updates offer complete peace of mind, including a new roof on both the house and garage (2021), central air conditioning (2022), a new refrigerator and dishwasher (May 2024), upgraded lighting throughout and a new hot water tank (2025). Conveniently situated within walking distance to West Beach, nearby parks, and all the vibrant dining and shopping at Mahogany Village, this home delivers the ultimate lake-lifestyle location.

246 Mahogany Heights Se, Calgary

Courtesy of RE/MAX First.

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