119 Magnolia Drive SE
Calgary T3M 2T5
MLS® Number: A2293922
$ 724,500
4
BEDROOMS
3 + 1
BATHROOMS
1,672
SQUARE FEET
2024
YEAR BUILT
Welcome to a beautifully designed residence that delivers the perfect balance of comfort, style, and everyday functionality in one of Calgary’s most sought-after lake communities—Mahogany. Thoughtfully laid out and filled with natural light, this home offers an inviting open-concept design that seamlessly connects the living, dining, and kitchen spaces—creating an ideal setting for both relaxed living and effortless entertaining. Clean lines, modern finishes, and modern window coverings throughout create a warm, cohesive aesthetic, offering a space that feels both elevated and approachable. The kitchen is both stylish and highly functional, featuring quality finishes, ample cabinetry, and a well-planned layout that makes day-to-day living easy while still impressing when hosting. It anchors the main floor and flows naturally into the living space, enhancing the overall sense of openness and connection. The living room serves as the true centerpiece of the home—designed for both comfort and impact. Adding exceptional value, the seller is willing to include a curated, near-new living room furniture package with a combined new replacement value of approximately $20,000. All pieces were thoughtfully selected in 2025 and remain in mint, barely-used condition. This package features a stunning West Elm Nassau 3-piece L-shaped sectional, perfectly complemented by two Pottery Barn Balboa upholstered swivel chairs—creating a refined yet highly functional seating arrangement. A professionally mounted 75” LG evo AI QNED85 4K Mini-LED Smart TV, purchased in March 2026, anchors the space, while a Pottery Barn end table completes the look. What truly sets this space apart is how the furnishings complement the full wall of window coverings framing the massive front window. Paired with the soaring ceiling height, the result is a space that immediately conveys elegance and sophistication—creating a striking first impression the moment guests step inside. Upstairs, the home continues to impress with additional windows and generously sized bedrooms, allowing natural light to pour in and creating bright, comfortable retreats throughout. A major highlight of this property is the fully legal City of Calgary–approved basement suite—offering a powerful opportunity to offset mortgage payments and reduce overall carry costs, whether used as a long-term rental, for extended family, or as a flexible income stream. As an added bonus, the seller is also willing to include select small appliances—featuring an espresso machine, ice cream maker, and air fryer, all purchased within the past year—further enhancing the convenience and move-in-ready appeal. All of this is set within Mahogany, one of Calgary’s premier lake communities, where residents enjoy private lake access, beaches, pathways, parks, and an abundance of nearby amenities, shops, and restaurants—delivering a lifestyle that is as valuable as the home itself.
| COMMUNITY | Mahogany |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | 2 Storey |
| YEAR BUILT | 2024 |
| SQUARE FOOTAGE | 1,672 |
| BEDROOMS | 4 |
| BATHROOMS | 4.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Built-In Oven, Dishwasher, Gas Cooktop, Instant Hot Water, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Ceramic Tile, Hardwood, Vinyl Plank |
| HEATING | Central, Forced Air, Natural Gas, Zoned |
| LAUNDRY | Laundry Room, Lower Level, Multiple Locations, Upper Level, Washer Hookup |
| LOT FEATURES | Back Lane, Close to Clubhouse, Corner Lot, Irregular Lot, Level |
| PARKING | Parking Pad, Unpaved |
| RESTRICTIONS | Easement Registered On Title, Restrictive Covenant |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | Royal LePage Benchmark |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 4pc Bathroom | 5`11" x 8`4" | Basement |
| Bedroom | 11`1" x 10`5" | Basement |
| Kitchen | 14`4" x 6`8" | Basement |
| Game Room | 14`4" x 7`7" | Basement |
| Furnace/Utility Room | 9`4" x 8`9" | Basement |
| 2pc Bathroom | 4`9" x 4`11" | Main |
| Dining Room | 10`1" x 12`2" | Main |
| Kitchen | 15`2" x 12`4" | Main |
| Living Room | 13`3" x 17`6" | Main |
| 3pc Bathroom | 4`11" x 8`4" | Upper |
| 5pc Ensuite bath | 6`2" x 18`7" | Upper |
| Bedroom | 9`1" x 13`3" | Upper |
| Bedroom | 9`5" x 11`3" | Upper |
| Bedroom - Primary | 12`5" x 12`3" | Upper |
