tel: 403-259-4141

 
Data Last Updated March 15, 2026, 7:28 am

 
Courtesy of URBAN-REALTY.ca

Mahogany 2 Storey
Bedrooms 5 Bathrooms 3 Parking Other
No Floor Plan Available
$689,999
MLS® #:  A2292130
Address:  399 Magnolia Drive
Size: 1,749 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

Welcome to 399 Magnolia Drive SE, a modern 2storey home with a legal basement suite located in the heart of Mahogany, one of Calgary’s most sought after lake communities. Built in 2023, this well-designed property offers 5 bedrooms and 3.5 bathrooms with 1,749 sq ft RMS above grade, plus a fully finished basement with separate exterior entrance. The main home features an open concept layout with quartz countertops, a kitchen island, vinyl plank flooring, a dedicated main-floor office, and a bright dining and living space ideal for everyday living. Upstairs, you’ll find a spacious primary bedroom with walk in closet and 3 piece ensuite, two additional bedrooms, a full bath, and upper level laundry for convenience. The legal basement suite includes 2 bedrooms, a full kitchen, 4-piece bath, in-suite laundry, and a private entrance, making it an excellent mortgage helper or long term investment. Enjoy rear alley access with parking pad, a private backyard, and proximity to Mahogany Lake, beaches, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking & bike paths. Tenant-occupied property , ideal for investors or buyers comfortable assuming tenancy as the basement tenant is willing to stay. A rare opportunity to own a nearly new home with a legal suite in a premier lake community.

Status: Active
Includes: NA
Site Influences:
Back Yard
Legal Description:
ACCESS Legal Description
Location & Listing Info:
Zoning: R-G
Neighbourhood: Mahogany
Lot Size: 0.06 sq.ft.
Lot Shape: Back Yard
Zone: Zone SE
County: Calgary
Property Info:
Property Type: Residential Detached Single Family
Home Style: 2 Storey
Year Built: 2023
Total Floor Area: 1,749 sq. ft.
Brokerage: URBAN-REALTY.ca
Construction Type: Wood Frame
Front Exposure: SW
Exterior:
Exterior: Wood Frame
Construction: Wood Frame
Frontage: 7.74M 25`5"
Front Exposure: SW
Roof: Asphalt Shingle
Financial & Possession:
Tax: ACCESS Taxes
Possession: ACCESS Possession
Occupancy: ACCESS Occupancy
Seller's Rights Reserved: ACCESS Seller's Rights Reserved
Condo Fee: ACCESS Condo Fee
Condo Fee Includes: ACCESS Condo Fee Includes
Rooms:
Total Bedrooms: 5  (Bedrooms Above: 3)
Bathrooms: Full: 3 / Half: 1
Rooms Above: 9
Ensuite: Yes
Parking Plan Type: Alley Access,Parking Pad
Garage: 0
Additional Info:
Heating: Forced Air, Natural Gas
Basement: Full
Basement Type: Full
Floor Finish: Carpet, Tile, Vinyl Plank
Fireplace Details: For Sale
Parking: Alley Access, Parking Pad
Total Parking:
Restrictions: Contact for Restrictions
Heating Type: Forced Air,Natural Gas
Heating Fuel: Forced Air,Natural Gas
Restrictions: Easement Registered On Title,Restrictive Covenant,Utility Right Of Way
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For viewing call 403-259-4141
Contact Sandy Bisson -
#10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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