1 day on Market

204 Masters Rise, Calgary, Alberta T3M 2L4

Detached
3 + 2
4 + 1
~2656.81 sqft
$949,900
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Detached
3 + 2
4 + 1
~2656.81 sqft

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Highlights

Estimated ValueNot available

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

Style2 Storey
View-
Age of property2016
SqFt~2656.81 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2225432
Community NameMahogany
Data SourcePILLAR 9
Listing byNineteen 88 Real Estate

Features

Heating: High Efficiency,Forced Air,Natural Gas
Cooling: Central Air
Basement: Finished,Full

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"


Features

Patio: Other,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Jun 6, 2025
ListedActive
$949,900
1 day on market
history photo preview49
Listing by pillar 9®
Property listed by Nineteen 88 Real Estate, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

29 days

2023

33 days

New Listings

Past 30 days

55 listings

Compared to

2024

25 listings

2023

28 listings

Units sold

Past 30 days

37 units

Compared to

2024

17 units

2023

20 units

Median Sold Price

Past 30 days

$720,000

Compared to

2024

$778,000

2023

$832,500


Population and Demographics

Overview

Total population 8309
Average household income $151,401

Age (%)

0 to 19
30%
35 to 49
30%
20 to 34
22%
50 to 64
10%
65 and plus
7%

Household composition (%)

Single family
72%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
79%
Tagalog (Pilipino, Filipino)
4%
Spanish
4%
Russian
2%
Mandarin
1%
Arabic
1%
French
1%
Punjabi (Panjabi)
1%
Korean
1%
Others
0%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget