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5 Beds
4 Baths
1,749 SqFt
Key Details
Sold Price -
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,749 sqft
Subdivision Mahogany
MLS® Listing ID A2331310
Sold Date -
Style 2 Storey
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Fees $47/ann
HOA Y/N 1
Year Built 2023
Annual Tax Amount $5,014
Tax Year 2026
Lot Size 2,830 Sqft
Acres 0.06
Property Sub-Type Detached
Source Calgary
Property Description
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.
Location
Province AB
County Calgary
Area Cal Zone Se
Zoning R-G
Direction SW
Rooms
Other Rooms 1
Basement Full
Interior
Interior Features Built-in Features, Kitchen Island, No Animal Home, No Smoking Home, Quartz Counters, Separate Entrance, Walk-In Closet(s)
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Tile, Vinyl Plank
Appliance Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Washer/Dryer
Laundry In Basement, Upper Level
Exterior
Parking Features Alley Access, Parking Pad
Garage Spaces 2.0
Fence None
Community Features Clubhouse, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Amenities Available None
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 25.39
Exposure SW
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard
Foundation Poured Concrete
Architectural Style 2 Storey
Level or Stories Two
Structure Type Wood Frame
Others
Restrictions Easement Registered On Title,Restrictive Covenant,Utility Right Of Way
Tax ID 112739934
Ownership Private
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