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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 148 properties.
Data Last Updated April 30, 2026, 9:27 pm
Condo: 70 - Residential: 78

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Courtesy of Tian Tina of C-Luxury Realty Ltd.
Mahogany 749,900
A2299378
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2299378
Address: 64 Masters Row
Size:  2053 sq. ft.
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Discover the ultimate lake lifestyle in this stunning home, located on a quiet street in the award-winning community of Mahogany. Spanning over 2,000 square feet of bright and modern living ... View Full Comments
Courtesy of James Danny of Real Broker
Mahogany 749,900
A2305817
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2305817
Address: 104 Mercado Crescent
Size:  1835 sq. ft.
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Welcome to the Liona by Hopewell Residential, a beautifully upgraded home in Calgary’s award-winning lake community of Mahogany, offering 1,835 sq. ft. of thoughtfully designed living spac... View Full Comments
Courtesy of Star Mel of RE/MAX House of Real Estate
Mahogany 769,900
A2284006
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2284006
Address: 75 Masters Rise
Size:  2216 sq. ft.
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Welcome to your Lakeside Dream Home! Just steps from the Beach, Clubhouse, and Park Areas, this stylish 3+1 bedroom family home combines comfort and quality in every detail. The open main fl... View Full Comments
Courtesy of Parry Julie of RE/MAX First
Mahogany 789,800
A2284017
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2284017
Address: 115 Mahogany Way
Size:  2127 sq. ft.
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Welcome to this beautifully maintained and fully finished 4-bedroom family home in the sought-after lake community of Mahogany, ideally located just a 12-minute walk to the beach! From the m... View Full Comments
Courtesy of Pocock Kelly of CIR Realty
Mahogany 789,900
A2295960
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: A2295960
Address: 386 Mahogany Terrace
Size:  2462 sq. ft.
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OPEN HOUSE SATURDAY MAY 2 FROM 12-2PM!!! ******. Just imagine living WALKING (450m) distance to WEST BEACH in MAHOGANY! This home is nestled on a quiet street with fantastic proximity to sh... View Full Comments
Courtesy of Coultman Asheton of RE/MAX First
Mahogany 790,000
A2303019
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2303019
Address: 12 Mahogany Heath
Size:  2320 sq. ft.
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AIR CONDITIONING | Offering over 2300sqft above grade, this Jayman Masterbuilt "Windhaven" former showhome offers an open and unique floor plan. Enter into an open foyer that leads into a ma... View Full Comments
Courtesy of Miller Noah of Royal LePage Benchmark
Mahogany 795,000
A2287831
Bedrooms 2 Bathrooms 2.0 Parking Other
MLS® System #: A2287831
Address: 11 Mahogany Circle
Size:  868 sq. ft.
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Elevated lake living meets panoramic skyline views in this rare top-floor residence at Westman Village in Mahogany. Positioned at the top of the building with soaring ceilings and expansive ... View Full Comments
Courtesy of Johnston David of RE/MAX First
Mahogany 799,900
A2289027
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2289027
Address: 29 Masters Terrace
Size:  2021 sq. ft.
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Welcome to 29 Masters Terrace SE – a beautifully designed two-story family home located in the highly sought-after, peaceful lake community of Mahogany. From the moment you step inside, yo... View Full Comments
Courtesy of Burton Michael of RE/MAX Realty Professionals
Mahogany 799,900
A2303855
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2303855
Address: 293 Masters Avenue
Size:  2169 sq. ft.
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Lake living in Mahogany ~ Welcome to this beautifully maintained FORMER SHOW HOME offering over 2,160 sq ft above grade, thoughtful upgrades throughout, and an exceptional location just a sh... View Full Comments
Courtesy of Cicala Serghei of Century 21 Masters
Mahogany 828,000
A2306179
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2306179
Address: 80 Mahogany Gardens
Size:  1137 sq. ft.
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Amazing Opportunity! Lakeside Luxury Meets Parkside Perfection in Mahogany. Discover the pinnacle of bungalow living in the award-winning community of Mahogany. This impeccably maintained, s... View Full Comments
Courtesy of Graham Jan of CIR Realty
Mahogany 839,900
A2273468
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2273468
Address: 52 Magnolia Green
Size:  2068 sq. ft.
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FIRST TIME BUYERS may qualify for the new GST REBATE PROGRAM. Introducing the Stanley—a stunning BRAND-NEW home built by Excel Homes, an award-winning builder with over 35 years of experie... View Full Comments
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Courtesy of Ditto John of RE/MAX Realty Professionals
Mahogany 849,900
A2290640
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: A2290640
Address: 98 Mahogany Way
Size:  2757 sq. ft.
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** Open House Saturday May 2nd from 2pm - 4pm! ** Amazing new price!! Welcome to lake living in the award-winning community of Mahogany. This beautifully maintained 2-storey home offers over... View Full Comments
Courtesy of Faubert Kent of RE/MAX First
Mahogany 849,900
A2302405
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2302405
Address: 44 Mahogany Rise
Size:  2329 sq. ft.
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Exquisite Walkout Residence in the Prestigious Lake Community of Mahogany. Welcome to this exceptional 3-bedroom walkout home, perfectly positioned on a premium pie-shaped lot in one of Calg... View Full Comments
Courtesy of Calvert Thomas of RE/MAX Landan Real Estate
Mahogany 879,900
A2303512
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2303512
Address: 366 Mahogany Boulevard
Size:  2232 sq. ft.
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Experience the pinnacle of lakeside living in this stunning former show home by Jayman Built, perfectly positioned on a corner lot just moments away from protected wetlands and two schools. ... View Full Comments
Courtesy of James Danny of Real Broker
Mahogany 899,900
A2305875
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: A2305875
Address: 547 Mercado Avenue
Size:  2398 sq. ft.
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Welcome to The Lina by Hopewell Residential, a beautifully designed 4-bedroom home where elevated finishes, thoughtful function, and everyday comfort come together in one truly impressive pa... View Full Comments
Courtesy of Burton Michael of RE/MAX Realty Professionals
Mahogany 899,999
A2305902
Bedrooms 4 Bathrooms 3.0 Parking 2
MLS® System #: A2305902
Address: 212 Magnolia Heath
Size:  2639 sq. ft.
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Lake living in Mahogany ~ Located in Calgary’s sought-after lake community of Mahogany, this well-maintained four-bedroom, three-bathroom home offers a practical layout, quality upgrades, ... View Full Comments
Courtesy of Jang Parker of Century 21 Bamber Realty LTD.
Mahogany 915,000
A2294096
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2294096
Address: 161 Mahogany Square
Size:  2166 sq. ft.
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Location? Unbeatable. Custom Upgrades? Endless. This impressive home offers over 3,100 sq.ft. of fully finished living space in one of the most desirable areas of Mahogany. Just minutes from... View Full Comments
Courtesy of James Danny of Real Broker
Mahogany 924,900
A2305814
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2305814
Address: 50 Magnolia Gardens
Size:  2575 sq. ft.
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Step into the Castella by Hopewell Residential, a thoughtfully designed 3 bedroom home that blends everyday function, timeless finishes, and bright, comfortable living spaces in all the righ... View Full Comments
Courtesy of Hall Tod of RE/MAX Landan Real Estate
Mahogany 950,000
A2291298
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2291298
Address: 44 Masters Terrace
Size:  2611 sq. ft.
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Welcome to this stunning detached home in the sought after lake community of Mahogany, offering over 3,700 sq ft of FULLY DEVELOPED beautifully designed living space. This well-maintained ho... View Full Comments
Courtesy of James Danny of Real Broker
Mahogany 969,000
A2278847
Bedrooms 3 Bathrooms 2.5 Parking 2
MLS® System #: A2278847
Address: 80 Magnolia Green
Size:  2575 sq. ft.
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UNBELIEVABLE OPPORTUNITY! Purchase this incredible showhome at today's prices while taking advantage of the leaseback program for up to 6-12 months. Step into the Castella showhome—a beaut... View Full Comments
Courtesy of Ping Wang Jin of First Place Realty
Mahogany 969,000
A2300061
Bedrooms 6 Bathrooms 4.0 Parking 2
MLS® System #: A2300061
Address: 332 Magnolia Crescent
Size:  2255 sq. ft.
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Welcome to this stunning 2025-built NEW home in the sought-after lake community of Mahogany, offering modern design, exceptional functionality, and incredible income potential. The MAIN FLOO... View Full Comments
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Courtesy of Kim Clarence of Bow Realty
Mahogany 975,000
A2304149
Bedrooms 5 Bathrooms 3.5 Parking 2
MLS® System #: A2304149
Address: 14 Marquis Heights
Size:  2454 sq. ft.
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Located in the heart of Mahogany, one of Calgary’s most desirable lake communities, this stunning 5-bedroom, 4-bathroom home offers 3,340 sq ft of beautifully designed living space and che... View Full Comments
Courtesy of Setter David of CIR Realty
Mahogany 975,000
A2306598
Bedrooms 2 Bathrooms 2.0 Parking Other
MLS® System #: A2306598
Address: 12 Mahogany Path
Size:  1322 sq. ft.
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Welcome to the Odyssey - in Westman Village. Available for immediate possession, this lovely 1322 sqft 2 bedroom, 2 full bathroom property on the 3rd floor is a real stunner. As you enter ... View Full Comments
Courtesy of Sremac Dusko of Real Broker
Mahogany 985,000
A2299275
Bedrooms 7 Bathrooms 3.5 Parking 2
MLS® System #: A2299275
Address: 288 Magnolia Crescent
Size:  2740 sq. ft.
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Welcome to this exceptional 2024 built luxury home by Excel Homes, located in the prestigious lake community of Mahogany. Offering over 2,500 SQFT of refined living space and a total of 7 be... View Full Comments
Courtesy of Vesuwalla Julie of Century 21 Bamber Realty LTD.
Mahogany 1,030,000
A2299736
Bedrooms 5 Bathrooms 3.5 Parking 2
MLS® System #: A2299736
Address: 21 Masters Place
Size:  2890 sq. ft.
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HOME SWEET HOME! Welcome to this breathtaking, beautifully upgraded home showcasing 2,889 SQFT in one of Calgary’s most sought-after and premiere lake community of Mahogany. This extremel... View Full Comments
Courtesy of Datta Tarun of Royal LePage Blue Sky
Mahogany 1,050,000
A2300398
Bedrooms 4 Bathrooms 2.5 Parking 2
MLS® System #: A2300398
Address: 88 Masters Way
Size:  3077 sq. ft.
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Exceptional 3077 sq. ft. 4-bedroom home in the award-winning lake community of Mahogany offering rare semi-private gate access just a 5-minute walk to the Main Mahogany Beach Club, 63-acre l... View Full Comments
Courtesy of Clark Julie of Real Broker
Mahogany 1,075,000
A2296737
Bedrooms 5 Bathrooms 3.5 Parking 2
MLS® System #: A2296737
Address: 55 Marquis Green
Size:  2562 sq. ft.
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This spectacular property has it all! Incredible location, enormous pie lot, and exquisite finishes throughout. This is a one-of-a-kind home located in the highly desirable community of Mah... View Full Comments
Courtesy of Albrecht Breanna of RE/MAX First
Mahogany 1,129,000
A2302457
Bedrooms 4 Bathrooms 2.5 Parking 3
MLS® System #: A2302457
Address: 243 Marina Grove
Size:  2713 sq. ft.
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4 BEDROOMS & BONUS ROOM UP | Set within an exclusive, quiet estate pocket of Mahogany, this exceptional, virtually brand-new Baywest-built Rosebud model offers refined lake living with rare ... View Full Comments
Courtesy of Burton Michael of RE/MAX Realty Professionals
Mahogany 1,149,900
A2295173
Bedrooms 6 Bathrooms 3.5 Parking 2
MLS® System #: A2295173
Address: 290 Mahogany Place
Size:  2944 sq. ft.
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SEMI PRIVATE LAKE ACCESS just a short stroll to shared dock and or a gated pathway to West beach in Mahogany Waters...This fully finished two-storey walkout in Mahogany offers over 4,000 sq ... View Full Comments
Courtesy of Artindale Chris of Town Residential
Mahogany 1,150,000
A2305920
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2305920
Address: 192 Magnolia Manor
Size:  2551 sq. ft.
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Welcome to 192 Magnolia Manor, an exceptional, heavily upgraded home built in 2023 by Jayman Homes, offering the perfect blend of modern design, luxury finishes, and everyday functionality. ... View Full Comments
Courtesy of Scheuerman Randi of Real Broker
Mahogany 1,199,000
A2295297
Bedrooms 4 Bathrooms 3.5 Parking 2
MLS® System #: A2295297
Address: 117 Mahogany Place
Size:  2498 sq. ft.
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OPEN HOUSE APRIL 25TH 12-2PM. This isn’t just another house, it’s a meticulously maintained masterpiece that feels like brand-new construction. Offered for the first time by its original... View Full Comments
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Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,239,900
A2276166
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2276166
Address: 140 Marina Cove
Size:  1615 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,244,900
A2276730
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2276730
Address: 130 Marina Cove
Size:  1661 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Niemans Michael of RE/MAX Landan Real Estate
Mahogany 1,274,900
A2302088
Bedrooms 5 Bathrooms 3.5 Parking 2
MLS® System #: A2302088
Address: 56 Masters Court
Size:  2703 sq. ft.
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** Please click on "Videos" for amazing video Tour ** Stunning views from this fabulous, fully developed 2 storey home, with walkout basement backing directly onto an environmentally prot... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,279,900
A2268430
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2268430
Address: 130 Marina Cove
Size:  1644 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany offer an elevated single-level lifestyle in our stunning Reflecti... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,299,900
A2243734
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2243734
Address: 160 Marina Cove
Size:  1613 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Malik Umair of Real Estate Professionals Inc.
Mahogany 1,299,900
A2304221
Bedrooms 5 Bathrooms 3.5 Parking 3
MLS® System #: A2304221
Address: 248 Marquis Landing
Size:  3104 sq. ft.
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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... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,344,900
A2276097
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2276097
Address: 140 Marina Cove
Size:  1617 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Kennedy Greg of eXp Realty
Mahogany 1,349,900
A2296944
Bedrooms 5 Bathrooms 3.5 Parking 2
MLS® System #: A2296944
Address: 121 Marquis View
Size:  3071 sq. ft.
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BREATHTAKING VIEWS | OVER 4,300 SQ FT | SW-FACING BACKYARD BACKING ONTO WETLANDS. Discover elevated living in this executive 5-bedroom residence, offering over 4,300 sq ft of beautifully dev... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,389,900
A2276170
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2276170
Address: 140 Marina Cove
Size:  1591 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Baby Alex of Kairali Realty Inc.
Mahogany 1,399,000
A2301949
Bedrooms 6 Bathrooms 4.5 Parking 3
MLS® System #: A2301949
Address: 106 Marina Landing
Size:  3141 sq. ft.
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Built by Calbridge Homes in 2022, this exceptional property offers a luxury lifestyle. Located just steps from private beach access, parks, and green space, this is a rare opportunity to own... View Full Comments
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Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,439,900
A2276168
Bedrooms 2 Bathrooms 2.0 Parking 2
MLS® System #: A2276168
Address: 140 Marina Cove
Size:  1590 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Burton Michael of RE/MAX Realty Professionals
Mahogany 1,499,900
A2299607
Bedrooms 4 Bathrooms 3.5 Parking 3
MLS® System #: A2299607
Address: 151 Mahogany Bay
Size:  3261 sq. ft.
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Welcome to one of Mahogany’s most prestigious addresses, ideally situated within the exclusive Estate enclave of Mahogany Waters. Set on a quiet cul-de-sac and positioned on a large, priva... View Full Comments
Courtesy of Ahmed Rizwan Adil of URBAN-REALTY.ca
Mahogany 1,699,999
A2305000
Bedrooms 7 Bathrooms 4.5 Parking 2
MLS® System #: A2305000
Address: 345 Marquis Landing
Size:  3329 sq. ft.
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Welcome to the desirable community of Mahogany. The Lake community of Mahogany offers its residents lake access, a beach club, sprinkler park, playgrounds, schools and shopping all within th... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 1,944,900
A2276171
Bedrooms 2 Bathrooms 2.5 Parking 2
MLS® System #: A2276171
Address: 140 Marina Cove
Size:  1889 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level lifestyle in our stunning Reflec... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 2,099,900
A2276731
Bedrooms 2 Bathrooms 2.5 Parking 2
MLS® System #: A2276731
Address: 170 Marina Cove
Size:  1937 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level penthouse lifestyle in our stunn... View Full Comments
Courtesy of Laprairie Michael of Jayman Realty Inc.
Mahogany 2,174,900
A2276094
Bedrooms 2 Bathrooms 2.5 Parking 2
MLS® System #: A2276094
Address: 140 Marina Cove
Size:  1890 sq. ft.
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New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level penthouse lifestyle in our stunn... View Full Comments
Courtesy of Primeau Michelle of Ally Realty
Mahogany 2,500,000
A2302045
Bedrooms 5 Bathrooms 5.5 Parking 3
MLS® System #: A2302045
Address: 87 Mahogany Island
Size:  3782 sq. ft.
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Experience elevated lake living on prestigious Mahogany Island, where exclusive island access, a private dock, beachfront surroundings, and year-round lake privileges create a truly exceptio... 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.

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