399 Magnolia Drive SE, Calgary Calgary, Alberta, T3M3M4

Listing Price
$689,999
house
5 beds
3.5 baths
1749 sqft
Property Details
Property Type
house
Year Built
2023
Stories
2
Parking Spaces
2
Parking Type
Parking Pad
Heating
Forced air, Natural gas
Cooling
None
Lot Size
263 square meters
Lot Dimensions
263.00
Basement
Finished, Full, Separate entrance, Suite
Half Baths
1
Construction
Wood frame
Foundation
Poured Concrete
Annual Taxes
$4,690 (2025)
Subdivision
Mahogany
MLS Number
A2292130
Listed Date
Mar 12, 2026
Days on Market
42
Zoning Description
R-G
Region / Community
Mahogany
Parcel Number
0039564647
Tours & Floorplans
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Description
Welcome to 399 Magnolia Drive SE, a modern 2storey home with a legal basement suite located in the heart of Mahogany, one of Calgary’s most sought after lake communities.Built in 2023, this well-designed property offers 5 bedrooms and 3.5 bathrooms with 1,749 sq ft RMS above grade, plus a fully finished basement with separate exterior entrance. The main home features an open concept layout with quartz countertops, a kitchen island, vinyl plank flooring, a dedicated main-floor office, and a bright dining and living space ideal for everyday living.Upstairs, you’ll find a spacious primary bedroom with walk in closet and 3 piece ensuite, two additional bedrooms, a full bath, and upper level laundry for convenience.The legal basement suite includes 2 bedrooms, a full kitchen, 4-piece bath, in-suite laundry, and a private entrance, making it an excellent mortgage helper or long term investment.Enjoy rear alley access with parking pad, a private backyard, and proximity to Mahogany Lake, beaches, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking & bike paths.Tenant-occupied property , ideal for investors or buyers comfortable assuming tenancy as the basement tenant is willing to stay.A rare opportunity to own a nearly new home with a legal suite in a premier lake community. (id:63190)
Features & Amenities
Appliances
WasherRefrigeratorRange - ElectricDishwasherDryerMicrowaveHood FanWasher & Dryer
Flooring
TileCarpetedVinyl Plank
Lot
No Animal HomeNo Smoking Home
Security
Smoke Detectors
Community
Lake Privileges
Room Details
RoomLevelDimensionsDescription
2pc BathroomMain level4.92 Ft x 5.67 Ft
Dining roomMain level9.67 Ft x 12.83 Ft
FoyerMain level9.17 Ft x 8.17 Ft
KitchenMain level11.75 Ft x 12.83 Ft
Living roomMain level13.75 Ft x 15.33 Ft
OfficeMain level7.67 Ft x 10.33 Ft
3pc BathroomSecond level10.00 Ft x 6.50 Ft
4pc BathroomSecond level4.92 Ft x 8.42 Ft
BedroomSecond level9.50 Ft x 10.17 Ft
BedroomSecond level13.00 Ft x 9.33 Ft
Family roomSecond level13.08 Ft x 11.92 Ft
Laundry roomSecond level7.25 Ft x 6.25 Ft
Primary BedroomSecond level13.33 Ft x 11.92 Ft
4pc BathroomBasement4.92 Ft x 7.75 Ft
BedroomBasement11.25 Ft x 9.08 Ft
BedroomBasement11.25 Ft x 8.75 Ft
KitchenBasement13.75 Ft x 6.17 Ft
Recreational, Games roomBasement13.50 Ft x 13.00 Ft
FurnaceBasement7.67 Ft x 17.75 Ft
Location
399 Magnolia Drive SE, Calgary, Alberta, T3M3M4
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Estimated Monthly Payment
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Principal & interest on a $0 mortgage at 5.25% for 25 years
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