Open: Sun, 12PM to 2PM
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3 days on Market

321 Magnolia Way, Calgary, Alberta T3M 3S6

Detached
3 + 2
4 + 1
~1803.65 sqft
$739,900
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Detached
3 + 2
4 + 1
~1803.65 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$410/sqft

Monthly cost

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Description

Located in the highly sought-after lake community of Mahogany, this beautifully upgraded and move-in ready home offers over 2,600 sq ft of developed living space with 5 bedrooms and 3.5 bathrooms, along with over $50,000 in thoughtful upgrades throughout.The main floor features 9-foot ceilings that create a bright and open atmosphere, along with a versatile front flex room that can function as a home office, sitting area, playroom, or additional living space. The kitchen is the heart of the home and showcases upgraded quartz countertops, extended cabinetry, upgraded appliances, and upgraded lighting and plumbing fixtures, along with an impressive 8-foot island that provides both additional seating and workspace. The open-concept layout allows the kitchen, dining, and living areas to flow seamlessly, making the space ideal for both everyday living and entertaining.Upstairs offers a thoughtfully designed layout featuring three spacious bedrooms, a large bonus room, and the convenience of an upper-floor laundry room. The primary bedroom is exceptionally spacious and features a walk-in closet along with a well-appointed ensuite, creating a comfortable retreat at the end of the day. The fully developed basement features 9-foot ceilings and was professionally constructed by the builder with fire-rated separation, offering two large bedrooms, a full bathroom, and a spacious rec room. With a separate side entrance already in place and the basement roughed in for a future kitchen, the space offers excellent potential for a future secondary suite (subject to City of Calgary approval). Outside, the property features a fully fenced yard, a large rear deck with a poured concrete pad designed for a future hot tub, and a double detached garage finished with durable Hardie board siding that matches the exterior of the home. All improvements have been professionally completed with permits in place, including the garage deck, with a compliant RPR available. With five bedrooms, a fully developed basement, and future secondary suite potential , (subject to City of Calgary approval). this home offers excellent flexibility for growing families, multi-generational living, or those looking to create additional income in the future (subject to City of Calgary approval).Located in Mahogany, Calgary’s premier lake community, residents enjoy year-round lake access with beaches, parks, pathways, playgrounds, schools, and the vibrant shops and restaurants of Westman Village just minutes away. Homes offering this level of space, upgrades, and flexibility in Mahogany rarely come available fully finished and truly move-in ready.


Upcoming Open House

Mar 15Sun12:00 PM - 2:00 PM

Property Details

Style2 Storey
View-
Age of property2023
SqFt~1803.65 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2292316
Community NameMahogany
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

2pc Bathroom

4`11" x 4`11"

Dining Room

10`4" x 10`4"

Foyer

8`1" x 7`0"

Kitchen

8`7" x 17`9"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Mar 11, 2026
ListedActive
$739,900
3 days on market
history photo preview50
Listing by pillar 9®
Property listed by eXp Realty, 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

34 days

Compared to

2025

22 days

2024

31 days

2023

33 days

New Listings

Past 30 days

29 listings

Compared to

2025

27 listings

2024

26 listings

2023

18 listings

Units sold

Past 30 days

20 units

Compared to

2025

16 units

2024

22 units

2023

6 units

Median Sold Price

Past 30 days

$730,750

Compared to

2025

$712,500

2024

$707,000

2023

$660,000


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