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Calgary Real Estate

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The bustling community of Mahogany has a unique layout and a quaint atmosphere. This private and exclusive community was constructed with 84 acres of lake and beachfront, making it Calgary’s largest freshwater lake. Mahogany provides excellent outdoor opportunities for active residents. Award-winning builders provide numerous housing options for potential buyers. From starter homes, townhouses, and condos to mid-range detached homes and executive homes with lake front living.

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Your search has found 111 properties.
Data Last Updated December 12, 2018, 4:31 pm
Condo: 20 - Residential: 91

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Courtesy of Profeta Nick, Mah Albert of RE/MAX REAL ESTATE (CENTRAL)
Mahogany 2,195,000
C4208312
Bedrooms 4 Bathrooms 4.5 Parking 3
MLS® System #: C4208312
Address: 262 MARINE DR SE
Size:  4222 sq. ft.
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Mahogany - 262 Marine Drive SE. This stunning lakefront home boasts over 6,200 sq ft of development & triple car garage. Open main floor ideal for entertaining. Kitchen with 14’ island & w... View Full Comments
Courtesy of John Peterson Big of RE/MAX REALTY PROFESSIONALS
Mahogany 1,749,900
C4210068
Bedrooms 5 Bathrooms 4.5 Parking 3
MLS® System #: C4210068
Address: 214 MAHOGANY MR SE
Size:  3564 sq. ft.
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Stunning lakefront living in Calgary premier lake community of Mahogany. This Calbridge built Berkeley II is fully finished with 4 bedrooms up (total of 5), 4.5 bathrooms, and an oversized ... View Full Comments
Courtesy of Holt Kris of MAXWELL SOUTH STAR REALTY
Mahogany 1,099,000
C4214397
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4214397
Address: 60 MASTERS LD SE
Size:  2749 sq. ft.
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OPEN HOUSE Saturday 12:30-3:00. BEST LOCATION IN THE “BEACHES OF MAHOGANY.” This house has it all! Excellent Views of the Lake, Mountains, Park and Beach. Perfectly located to main... View Full Comments
Courtesy of Ahmad Laeeq, Ahmed Tanweer of RE/MAX HOUSE OF REAL ESTATE
Mahogany 949,900
C4216147
Bedrooms 5 Bathrooms 3.5 Parking 2
MLS® System #: C4216147
Address: 345 MARQUIS LD SE
Size:  3307 sq. ft.
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Exceptional 3300 square feet of luxury living home located in a cul de sac with a south facing backyard!!! Very open plan with huge windows wall to wall at the entire back allowing lots of n... View Full Comments
Courtesy of Davies Jesse of RE/MAX HOUSE OF REAL ESTATE
Mahogany 899,000
C4213615
Bedrooms 4 Bathrooms 3.5 Parking 3
MLS® System #: C4213615
Address: 321 MARQUIS LD SE
Size:  2645 sq. ft.
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Welcome to 321 Marquis Landing, a gorgeous single family home located in the desirable community of Mahogany. This estate home with a triple attached garage is situated just steps from the W... View Full Comments
Courtesy of Arvatescu Diana of RE/MAX HOUSE OF REAL ESTATE
Mahogany 874,997
C4211404
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: C4211404
Address: 24 MASTERS CO SE
Size:  2701 sq. ft.
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.OPEN HOUSE SUN OCT 28TH 1 TO 3.Parks, pathways, wetlands, beaches and, of course, the lake! Mahogany offers everything you could want in a new community! Step foot inside this beautiful HOP... View Full Comments
Courtesy of D'mello Ron of MAXWELL CANYON CREEK
Mahogany 839,000
C4210151
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4210151
Address: 83 MARQUIS CR SE
Size:  2780 sq. ft.
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Award winning Lake Community of Mahogany. Just shy of 2800 Sq.Ft. With WALK-OUT BASEMENT STUNNING VIEWS!!! Backing onto Mahogany's scenic 74 acre wetlands. Home features dining room that can... View Full Comments
Courtesy of M Delaney Donna of CIR REALTY
Mahogany 824,900
C4168143
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: C4168143
Address: 111 MARQUIS CV SE
Size:  2639 sq. ft.
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An amazing opportunity to own in one of Calgary's most sought after lake communities, located on a huge pie lot and backing on to the the brand new Catholic school opening September, Divine ... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 803,242
C4175865
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: C4175865
Address: #502 11 Mahogany CI SE
Size:  1043 sq. ft.
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WESTMAN VILLAGE - The Resort on Lake Mahogany.On the surface,CALLIGRAPHY might look like other condos but it's not.From Lakeside living,hand selected shops & services,24/7 on-site security &... View Full Comments
Courtesy of John Peterson Big of RE/MAX REALTY PROFESSIONALS
Mahogany 799,900
C4208279
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4208279
Address: 78 MASTERS AV SE
Size:  2739 sq. ft.
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Beautiful 2 storey with a walk-out backing onto the Wetlands in Mahogany! You and your family will enjoy the high end finishing in this amazing location. Over 100 grand in upgrades. One of ... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 781,894
C4102591
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: C4102591
Address: #101 10 Mahogany CI SE
Size:  1451 sq. ft.
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WESTMAN VILLAGE - The Resort on Lake Mahogany.Your home reflects your lifestyle & at the Reflection,you can upsize your life without compromising how or where you live.Our homes feature exec... View Full Comments
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Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 776,328
C4178116
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: C4178116
Address: #407 12 Mahogany PH SE
Size:  1311 sq. ft.
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WESTMAN VILLAGE - The Resort on Lake Mahogany. You've worked hard all your life, and at the ODYSSEY you can retire to a Lakeside home that gives you permission to put your feet up, unwind, a... View Full Comments
Courtesy of Lee Linda of MAXWELL CANYON CREEK
Mahogany 769,900
C4215945
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: C4215945
Address: 120 MASTERS WY SE
Size:  2686 sq. ft.
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This spacious 2 story home in Mahogany built by Homes by Avi is located a short walk from the Main Beach, along with Private Lake Access to the Central Beach. The Gleniffer has a 3 car tande... View Full Comments
Courtesy of Korostensky Sergey of ROYAL LEPAGE INNOVATE
Mahogany 726,000
C4197681
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: C4197681
Address: 115 MARQUIS GV SE
Size:  2551 sq. ft.
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Beautiful WALK-OUT!! This awesome 4 bedroom and 3.5-bathroom home is all about the location!! Located on a LARGE LOT with a SOUTH EXPOSED backyard for that wonderful warm sunny morning glow ... View Full Comments
Courtesy of Lee Linda of MAXWELL CANYON CREEK
Mahogany 719,900
C4198267
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: C4198267
Address: 119 MASTERS WY SE
Size:  2711 sq. ft.
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This Homes by Avi 2 Storey is just a short walk from the Main Beach, along with Private Lake Access to the Central Beach. The Foyer leads into large central kitchen with fabulous quartz coun... View Full Comments
Courtesy of Zuczek Tony of CENTURY 21 BAMBER REALTY LTD.
Mahogany 685,000
C4190026
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4190026
Address: 168 MARQUIS GV SE
Size:  2668 sq. ft.
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A GREAT OPPORTUNITY TO OWN A BEAUTIFUL CORNER LOT, 3 BEDROOM 2600+ SQFT HOME. THE MAIN FLOOR 9' CEILINGS OFFER A SPACIOUS FRONT ENTRY, A BIG KITCHEN & NOOK COMBO, WITH LOTS OF CUPBOARDS, GRA... View Full Comments
Courtesy of Riley Ray of RE/MAX FIRST
Mahogany 670,000
C4218533
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4218533
Address: 8 MAHOGANY MR SE
Size:  2722 sq. ft.
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Beautiful 2722 sq ft estate home with 3 bedrooms and 3 baths featuring a formal entry, mud room, hardwood floors, 9 foot ceilings. The main floor is bright and open concept. The kitchen has ... View Full Comments
Courtesy of Kang Garm of CENTURY 21 BRAVO REALTY
Mahogany 644,900
C4194774
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: C4194774
Address: 447 MAHOGANY TC SE
Size:  2249 sq. ft.
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Must see Beautiful residence with COUNTLESS NUMBER OF UPGRADES! The main floor offers a spacious kitchen with custom cabinets & huge walk-in pantry, family room with 3-way fireplace, nook wi... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 635,900
C4213487
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4213487
Address: 264 MASTERS AV SE
Size:  2310 sq. ft.
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Lakeside Living at it's finest! The Riley has a luxurious & carefree layout with functional space & beautiful oversized rooms – your family will have everything they need. The open kitchen... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 629,900
C4215484
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4215484
Address: 19 MASTERS ME SE
Size:  2342 sq. ft.
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This gorgeous home is perfectly situated between the wetlands & main beach & sits on a quiet cul-de-sac on an oversized one of a kind "double yard" corner lot. This home truly combines style... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 624,900
C4210057
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4210057
Address: 204 MASTERS RI SE
Size:  2589 sq. ft.
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Enjoy a beautiful Jayman BUILT gorgeous 2 story home nicely situated in the prestigious community of Mahogany. This stunning & popular "LAUREN" model home will have you at hello! A lovely op... View Full Comments
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Courtesy of Graham Janice of RE/MAX FIRST
Mahogany 619,900
C4162838
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: C4162838
Address: 278 MASTERS AV SE
Size:  2033 sq. ft.
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Interested in having the building pay your mortgage! Take advantage of today's pricing and the builder will lease back from you! Another beautifully upgraded show home by Excel Homes. Offeri... View Full Comments
Courtesy of Lewis Anthony of COMFREE COMMONSENSE NETWORK
Mahogany 617,000
C4214467
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: C4214467
Address: 124 Mahogany WY SE
Size:  2493 sq. ft.
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Beautiful 2 storey, 3 bedroom home situated in a lake community of Mahogany! This lovely home features a neutral color palette, 9ft. ceilings. Backs onto a large green space. The main floor ... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 609,900
C4203651
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4203651
Address: 133 Masters TC SE
Size:  2356 sq. ft.
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Exquisite & beautiful, you will immediately be impressed by Jayman BUILT's "ARLINGTON" home located in the prestigious community of Mahogany. A lovely pond & walking trails welcome you into ... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 604,900
C4199338
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: C4199338
Address: 153 Masters TC SE
Size:  2491 sq. ft.
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Lakeside Living at it's Finest. Incredible location within walking distance to the Main Beach and Wetlands in the award winning community of Mahogany. This incredible plan is one of Hopewel... View Full Comments
Courtesy of Seitz Kevin of REDLINE REAL ESTATE GROUP INC.
Mahogany 592,500
C4205734
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: C4205734
Address: 88 MAHOGANY TC SE
Size:  2394 sq. ft.
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This home is sure to impress with its MASSIVE, SUNNY, PIE SHAPED BACKYARD! This freshly painted home in award-winning Mahogany offers 4 bedrooms, 2.5 bathrooms w/ numerous upgrades. The over... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 589,900
C4199320
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4199320
Address: 9 MASTERS VI SE
Size:  2310 sq. ft.
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Lakeside Living at it's finest! The Riley has a luxurious & carefree layout with functional space & beautiful oversized rooms – your family will have everything they need. The open kitchen... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 589,900
C4213928
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4213928
Address: 70 MASTERS PL SE
Size:  2382 sq. ft.
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Lakeside living at its finest! Introducing the Optima plan, located in a family friendly cul-de-sac on a pie lot & walking distance to the red park, preserved wetland pathways & main beach. ... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 585,900
C4213491
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4213491
Address: 285 Masters AV SE
Size:  2278 sq. ft.
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Family living becomes better than ever with the Evora's well-planned living spaces with lots of room to relax or entertain! To compliment all the natural light is a truly stylish interior f... View Full Comments
Courtesy of Binner Erich of MAXWELL CAPITAL REALTY
Mahogany 585,000
C4205988
Bedrooms 3 Bathrooms 3.5 Parking 2
MLS® System #: C4205988
Address: 162 MASTERS CM SE
Size:  1998 sq. ft.
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*OPEN HOUSE SAT/SUN Dec 8 & 9 1-4 Pm* This huge corner lot property has so much to offer! Space and convenience merge in this unique property with family life in mind. The flexible main flo... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 579,900
C4195401
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4195401
Address: 42 Masters GR SE
Size:  2286 sq. ft.
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Exquisite & beautiful, you will immediately be impressed by Jayman BUILT's "ALLURE" Model located in the prestigious community of Mahogany. A lovely pond & walking trails welcome you into al... View Full Comments
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Courtesy of Neustaedter Jeff of RE/MAX FIRST
Mahogany 579,900
C4208611
Bedrooms 3 Bathrooms 2.5 Parking 3
MLS® System #: C4208611
Address: 156 MASTERS CR SE
Size:  2113 sq. ft.
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Wonderful family home in the award winning SE LAKE community of Mahogany! The Helix model by Hopewell Residential features a large double TANDEM garage that is perfect for your sports car or... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 579,900
C4214786
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4214786
Address: 24 Masters BA SE
Size:  2035 sq. ft.
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*WALK-OUT ALERT*HUGE LOT* Exquisite & beautiful, you will immediately be impressed by Jayman BUILT's "HALCYON" Home located in the prestigious community of Mahogany.A lovely pond & walking t... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 574,900
C4204079
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4204079
Address: 6 Masters VI SE
Size:  2286 sq. ft.
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Exquisite & beautiful, you will immediately be impressed by Jayman BUILT's "ALLURE" Model located in the prestigious community of Mahogany. A lovely pond & walking trails welcome you into al... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 569,900
C4213651
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4213651
Address: 5 Masters VI SE
Size:  2242 sq. ft.
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Exquisite & beautiful, you will immediately be impressed by Jayman BUILT's "Emerge 26" Model located in the prestigious community of Mahogany. A lovely pond & walking trails welcome you into... View Full Comments
Courtesy of Geneau Daniel of RE/MAX FIRST
Mahogany 565,000
C4208786
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4208786
Address: 185 MAHOGANY TC SE
Size:  2173 sq. ft.
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***** Great private location... An elegant home with beautiful touches throughout. A large entrance, lovely kitchen with walkthrough pantry, spacious dining area and a bright living room wit... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 564,900
C4199329
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4199329
Address: 79 MASTERS GR SE
Size:  2134 sq. ft.
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Lakeside Living at it's Finest! Located on a pie shaped lot and within close proximity to the main beach and wetlands sits this beautiful 2 storey home in the award winning community of Mah... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 559,900
C4213502
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4213502
Address: 293 Masters AV SE
Size:  2184 sq. ft.
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LAKESIDE LIVING AT IT'S FINEST! Welcome home to the one of a kind Kalos showhome in Mahogany! This spacious home has over 2,000 sq. ft. of living space & storage to fit your lifestyle. Moder... View Full Comments
Courtesy of Sherrard Michael of REDLINE REAL ESTATE GROUP INC.
Mahogany 559,900
C4215477
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4215477
Address: 240 MAHOGANY TC SE
Size:  2352 sq. ft.
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* HUGE PRICE DROP + OPEN HOUSE * Welcome to this stunning lake access home in the award winning community of Mahogany, flooded with every upgrade imaginable! Located conveniently on a priva... View Full Comments
Courtesy of D'mello Ron of MAXWELL CANYON CREEK
Mahogany 559,000
C4217961
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4217961
Address: 236 Masters CR SE
Size:  2276 sq. ft.
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Award winning Community of Mahogany. 2018 Brand new 2276 2 Storey Never lived in. Upper floor laundry Chef ready with built in appliance oven and microwave gas, 5 burner cook top, water ice ... View Full Comments
Courtesy of Ping Li Jing, Jin Jinny of FIRST PLACE REALTY
Mahogany 548,000
C4206255
Bedrooms 3 Bathrooms 3.5 Parking 1
MLS® System #: C4206255
Address: 155 MASTERS HT SE
Size:  1954 sq. ft.
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Gorgeous newly built two storey with single attached garage. A great main floor plan featuring gourmet kitchen with soft close cabinets and drawers. The pantry is loaded with shelves & plent... View Full Comments
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Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 539,900
C4199341
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4199341
Address: 369 Masters AV SE
Size:  2278 sq. ft.
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Lakeside Living at it's Finest. Incredible location only steps to the Main Beach and Wetlands in the award winning community of Mahogany. This home truly combines style & sophistication with... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 539,900
C4199354
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4199354
Address: 68 Masters ST SE
Size:  2278 sq. ft.
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Incredible location only steps to the Wetlands & down the street from the Main Beach in the award winning community of Mahogany. This home truly combines style & sophistication with a floor ... View Full Comments
Courtesy of Peacock Joy of RE/MAX REAL ESTATE (CENTRAL)
Mahogany 539,900
C4201323
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: C4201323
Address: 315 MAHOGANY TC SE
Size:  2206 sq. ft.
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Walking distance to the LAKE ENTRANCE in Mahogany! Popular Bellwood model by Trico Homes is ready for move in to and is located in an established and completed phase. Fully landscaped with u... View Full Comments
Courtesy of M Cooley Guy of RE/MAX FIRST
Mahogany 535,000
C4181138
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4181138
Address: 481 Mahogany CO SE
Size:  2087 sq. ft.
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Location alert! Stunning 2-Storey Stepper Home with A/C, nicely located at the end of a family friendly cul-de-sac on a large fully landscaped/fenced pie lot. Open the front door to 18' ceil... View Full Comments
Courtesy of Lynn Macdonald Kelly of THE REAL ESTATE COMPANY
Mahogany 529,900
C4206044
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4206044
Address: 103 Masters AV SE
Size:  2145 sq. ft.
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AWARD winning 4 Season Lake Community of Mahogany! Not too often do homes with REAR attached garages come on the market, and of this size - 2145 square feet! Walking distance to the beach cl... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 529,900
C4213496
Bedrooms 4 Bathrooms 3.5 Parking 1
MLS® System #: C4213496
Address: 289 Masters AV SE
Size:  1717 sq. ft.
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LAKESIDE LIVING AT IT'S FINEST! Meet the Coen, this stylish showhome is made for upscale family living with over 1,700 sq. ft. & a front-attached garage. The gorgeous kitchen sits in the ... View Full Comments
Courtesy of R Laprairie Michael, Stewart Alexandria of JAYMAN REALTY INC.
Mahogany 525,908
C4178137
Bedrooms 2 Bathrooms 2.0 Parking 1
MLS® System #: C4178137
Address: #308 12 Mahogany PH SE
Size:  962 sq. ft.
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WESTMAN VILLAGE - The Resort on Lake Mahogany. You've worked hard all your life, and at the ODYSSEY you can retire to a Lakeside home that gives you permission to put your feet up, unwind, a... View Full Comments
Courtesy of B Burton Michael of RE/MAX REALTY PROFESSIONALS
Mahogany 524,900
C4206771
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4206771
Address: 72 MAHOGANY TC SE
Size:  2097 sq. ft.
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LAKE LIVING IN Mahogany ~ Vaulted ceilings welcome you into front entrance way of this lovely 2 storey & hardwood floors lead you through to the main living area including the kitchen & dini... View Full Comments
Courtesy of James Danny, Kon Chad of RE/MAX FIRST
Mahogany 515,900
C4199355
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: C4199355
Address: 373 Masters AV SE
Size:  1981 sq. ft.
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Lakeside Living at it's Finest. Incredible location only steps to the Main Beach & Wetlands in the award winning community of Mahogany. Enjoy unexpected living spaces & unique designs in thi... View Full Comments
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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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.