1 day on Market

228 Magnolia Cres, Calgary, Alberta T3M 3S4

Detached
4 + 1
4
~1927.59 sqft
$775,000
Get pre-qualifiedPowered by nesto
Detached
4 + 1
4
~1927.59 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$402/sqft

Monthly cost

Open Calculator

Description

Welcome to 228 Magnolia Crescent SE, a 2024-built home in the lake community of Mahogany with four bedrooms above grade, three full bathrooms, and a fully legal suite in the basement that helps with the mortgage from day one. Picture a crisp afternoon skating on the lake, a walk home along the pathway, and settling into a house that already works for every stage of family life. Mornings start in the kitchen, where the central island becomes the spot for breakfast, homework and catching up. Stone counters, a stacked tile backsplash, a hood fan, stainless appliances and a walk-in pantry keep everything within reach. Dinner moves easily to the dining area beside sliding doors to the back patio, and evenings settle into the living room around the linear fireplace, with oversized windows bringing in natural light. A main floor bedroom with its own full bathroom gives grandparents and guests a space of their own, or makes a home office away from the busy part of the house. When the day winds down, the central bonus room becomes the family gathering spot for movie nights and slow Saturday mornings. The primary retreat looks out over the street and offers a walk-in closet and an ensuite with a long vanity and a walk-in shower with both a rain head and handheld wand. Two more bedrooms, a full bathroom and a dedicated laundry room with a folding counter keep laundry right where it happens. Then there is the suite. Fully legal, it has its own full kitchen with peninsula seating, a complete stainless appliance package, a living area with a built-in desk nook, a bedroom, a full bathroom and its own laundry. No additional work is needed, as it is already set up for either a short-term rental or a long-term tenant, with all of the basement furniture included. Step out back and the fully fenced yard has room for the kids and the dog to run, with a paver patio and gas line for summer barbecues, additional Craftsman storage, and no neighbours directly behind. Permanent Gemstone lights can be set for any holiday or occasion, solar panels help offset energy costs, central air conditioning keeps the home comfortable all summer, and the double attached garage is drywalled, heated and fitted with overhead storage. Life in Mahogany is built around two private lakes and the Beach Club. Summer brings beach days, swimming, paddleboarding, kayaking and fishing, while winter means skating on the lake and the outdoor rinks. Between seasons there are splash parks, playgrounds, tennis and pickleball courts, community events and kilometres of walking and cycling pathways. Elementary schools are minutes away, and the Brookfield Residential YMCA, South Health Campus and the shops and restaurants of Seton are about ten minutes from home. With quick access to Stoney Trail and Deerfoot Trail, getting anywhere in the city is easy. A home that grows with your family, a legal suite that helps pay the way, and lake living in every season.


Property Details

Style2 Storey
View-
Age of property2024
SqFt~1927.59 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2356459
Community NameMahogany
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

4pc Bathroom

9`10" x 7`3"

Bedroom

9`7" x 8`7"

Dining Room

10`6" x 8`6"

Foyer

9`1" x 6`3"


Features

Patio: Patio,See Remarks

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Nov 5, 2026
ListedActive
$775,000
1 day on market
history photo preview48
Listing by pillar 9®
Property listed by Real Broker, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

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

39 days

Compared to

2025

42 days

2024

39 days

2023

29 days

New Listings

Past 30 days

29 listings

Compared to

2025

30 listings

2024

29 listings

2023

25 listings

Units sold

Past 30 days

19 units

Compared to

2025

23 units

2024

22 units

2023

14 units

Median Sold Price

Past 30 days

$675,000

Compared to

2025

$740,000

2024

$773,000

2023

$744,750


Population and Demographics

Overview

Total population 8309
Average household income $151,401

Age (%)

0 to 19
30%
20 to 34
22%
35 to 49
30%
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