204 Masters Rise, Calgary, Alberta T3M 2L4
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$357/sqft
Est. Mortgage$4,079/mo
Maintenance fees$554/mo
Tax Amount (2025)$6,242/yr
Days On Market1 day
Description
Welcome to this meticulously maintained 5-bedroom home in the heart of Mahogany Lake, boasting well over $100,000 in recent upgrades and priced $60,000 under city assessed value. Built by Jayman, the highly sought-after “Lauren” model is known for its spacious layout, double kitchen islands, and an ensuite featuring dual walk-in closets. The main floor offers a seamless flow between the kitchen, dining, and living areas—ideal for both everyday living and entertaining. The kitchen is a true showpiece, equipped with a gas cooktop, wall oven, warming drawer, bar fridge, motion-activated under-cabinet lighting, waterfall countertops, full-height cabinetry, and a pantry that rivals a walk-in closet. A sleek black granite sink completes the upscale design. The dining area features a stunning custom accent wall with elegant wall sconces. Upstairs, you’ll find three generously sized bedrooms, a spacious bonus room, and a large laundry room. The luxurious ensuite includes in-floor heating, two walk-in closets, a deep soaker tub, and direct access to the laundry room—an incredibly functional feature. The fully finished basement adds even more living space, with a rec room, full bathroom, fourth bedroom, and a dedicated home gym that could easily serve as a fifth bedroom. The gym is thoughtfully designed with a dedicated treadmill breaker, commercial-grade rubber flooring, and a full wall of mirrors. Step outside to a backyard that’s far larger than the average Mahogany lot. You’ll find over 20 strategically placed trees, a massive 500 sq ft two-tier stamped concrete patio, a 200 sq ft sandbox for the kids playset or trampoline, and ample grassy areas. The oversized, heated garage features an epoxy floor and comfortably fits a full-sized pickup and large SUV. It includes a custom chain-link dog run for access to the yard & house, an 18’ floor drain to manage snowmelt, and 240V wiring for electric vehicle charging. Additional highlights include Gemstone-style exterior lighting on three sides of the home, central air conditioning, underground sprinkler system, water softener, hot tub wiring & built-in home speakers. Location is unbeatable: just a 12-minute walk to the Mahogany Beach Club, 3 minutes to the wetlands, and only 2 minutes to the nearest bus stop. Mahogany Lake offers year round entertainment from fishing, beach days, skating, paddleboarding not to mention the convenient pre-school. Rarely does a home with this level of care and upgrades come to market—especially at $60,000 below the City’s assessed value. Schedule your private viewing today!
Property Details
Interior
Features
Main Floor
2pc Bathroom
8`2" x 2`11"Dining Room
10`11" x 17`4"Foyer
5`7" x 8`0"Kitchen
20`10" x 14`1"Exterior
Features
Parking
Garage spaces 2
Garage type -
Other parking spaces 2
Total parking spaces 4
Property History

