Cranston Calgary Luxury Homes for Sale: Unparalleled Living in a Premier Community (Updated Daily)

Located in the southeast quadrant of Calgary, the Cranston community has emerged as one of the city's most desirable neighborhoods for luxury homebuyers. Offering a harmonious blend of natural beauty, modern conveniences, and uncompromising craftsmanship, Cranston's luxury homes captivate those seeking the pinnacle of suburban living.

Key Features of Cranston Calgary Luxury Homes

  1. Architectural Distinction: Cranston's luxury homes showcase a diverse array of architectural styles, from classic elegance to contemporary flair, all characterized by the use of premium materials and meticulous attention to detail.

  2. Generous Square Footage: These homes boast expansive living spaces, often ranging from 3,000 to 6,000 square feet, providing ample room for comfortable living and elegant entertaining.

  3. Opulent Interiors: Cranston's luxury homes are designed with the discerning homebuyer in mind, featuring high-end finishes, custom cabinetry, designer appliances, and lavish master suites.

  4. Exceptional Outdoor Spaces: Many Cranston luxury homes offer meticulously landscaped yards, private swimming pools, outdoor kitchens, and other exclusive amenities that seamlessly blend indoor and outdoor living.

  5. Community Amenities: Residents of Cranston enjoy access to an impressive array of community amenities, including parks, walking trails, recreational facilities, and the vibrant Cranston Residents' Association (CRA).

  6. Convenient Location: The Cranston community is strategically situated near major highways, public transit options, shopping centers, schools, and a variety of entertainment and recreational venues.

Current Cranston Calgary Luxury Homes for Sale

The Cranston luxury real estate market currently offers an exceptional selection of high-end properties, with prices typically ranging from $1,200,000 to $2,500,000.

Work with a Trusted Real Estate Agent

To explore the latest Cranston luxury home listings and find your dream property, it is recommended to work with an experienced real estate agent like Diane Richardson. Diane's in-depth knowledge of the local market and commitment to personalized service will ensure a seamless and successful home-buying experience.

Contact Diane Richardson:
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Discover the Epitome of Luxury Living in Cranston, Calgary

Embrace the unparalleled quality of life, exceptional community amenities, and architectural excellence that Cranston's luxury homes have to offer. Partner with Diane Richardson to find your dream home in this premier Calgary neighborhood.

There are several ways to contact Diane Richardson:

  1. Contact form: Fill out the contact form on my website to send me a message directly from the page. Please include your name, email address, and a message, along with the property address or MLS® number for the listing you're interested in.

  2. Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.

  4. Live chat: Utilize the live chat feature on my website to get in touch with me in real-time and receive immediate answers to your questions.

No matter which method you choose, I'm always here to assist you with your real estate needs.

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232 Masters Cove SE
Mahogany Calgary T3M 2N8

$1,299,900
Residential beds: 5 baths: 4.0 3,094 sq. ft. built: 2018

Main Photo: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 1: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 2: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 3: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 4: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 5: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 6: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 7: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 8: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 9: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 10: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 11: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 12: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
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Photo 49: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Photo 50: 232 Masters Cove SE in Calgary: Mahogany Detached for sale : MLS®# A2242421
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2242421
Bedrooms:
5
Bathrooms:
4
Year Built:
2018
Exceptional Lakeside Luxury | Solar-Powered | Walkout Basement | Triple Garage. Welcome to resort-style living in the heart of Mahogany—Calgary’s premier lake community! Tucked away on a quiet cul-de-sac, this custom Morison-built luxury Smart hi tech home offers the ultimate in elegance, energy efficiency, and year-round recreation with semi-private lake access just steps away. Swim, kayak, or paddle in the summer; skate and ice fish in the winter. Walk to the Mahogany Beach Club and enjoy tennis courts, skating rinks, and more. This impeccably maintained and extensively upgraded estate home features close to 4,000 sq ft of professionally developed living space, a fully finished walkout basement, and a rare 16.2 kW SOLAR panel system—the largest residential solar array in all of Mahogany (installed August 2024, fully paid, $50K+ value). Say goodbye to electric bills and hello to earning passive energy income while charging your EV for free via the built-in Level 2 charger. Inside, the main floor showcases a show-stopping great room with custom built-ins and gas fireplace, a chef-inspired kitchen with high-end stainless appliances, oversized central island, custom cabinetry, and expansive stone countertops—all flooded with natural light from floor-to-ceiling windows. Entertain in the elegant formal dining area or enjoy casual dining on the massive full-width deck, accessible from the kitchen/dining area. A discreet main floor office is perfect for working from home. Upstairs, retreat to your lavish primary suite with spa-like 5-piece ensuite, dreamy walk-in closet, and direct access to the laundry room. 3 additional bedrooms, a full 4-piece bathroom, and the smartly designed laundry space complete the upper level. The walk-out basement offers versatility with a full second kitchen, oversized windows, spacious rec room, additional bedroom, and a full bath—ideal for a guest suite, gym, media space, or multi-generational living. Further upgrades include: Hi tech Alexa operated, Dual-zone Central A/C, Hunter Douglas smart blinds (voice/app controlled), Double attic insulation, 2 High efficacy furnaces, second laundry set in the basement, Water softener, CAT6 wiring throughout, Professionally installed Gemstone exterior lights, Oversized TRIPLE garage with EV charging and smart Wi-Fi laundry and smart counter induction cook top. This is truly one of Mahogany’s most energy-efficient and beautifully appointed homes. A rare opportunity to own a fully loaded, turnkey luxury property in one of Calgary’s most desirable lake communities. offered at $150,000+ below replacement cost.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
3,094 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
4,983 sq. ft.
Lot Frontage:
44'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
West
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
10
Year built:
2018 (Age: 7)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1611227
Heating:
Forced Air, Natural Gas, Solar
Basement:
Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate, Tile
Cooling:
Central Air, Full
Fireplaces:
1
Fireplace Details:
Electric
Garage:
Yes
Garage Spaces:
3
Parking:
220 Volt Wiring, Garage Faces Front, In Garage Electric Vehicle Charging Station(s), Insulated, Triple Garage Attached
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Upper Level
HOA Fee:
$850.00
Mahogany
Beach Access, Clubhouse
Central Air Conditioner, Dishwasher, Dryer, Electric Oven, Garage Control(s), Induction Cooktop, Microwave, Range Hood, Refrigerator, Washer, Water Softener, Window Coverings
Solar panels with car charging station
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
19' × 12'1"
Main Floor
Living Room
15'11" × 15'9"
Main Floor
Dining Room
12' × 9'4"
Main Floor
Dinette
20' × 6'9"
Main Floor
Office
10'11" × 9'3"
2nd Floor
Bedroom - Primary
18'10" × 15'9"
2nd Floor
Family Room
23' × 15'7"
2nd Floor
Bedroom
13'6" × 12'4"
2nd Floor
Bedroom
134'6" × 10'
2nd Floor
Bedroom
13'6" × 11'10"
Lower Level
Game Room
33'3" × 20'1"
Lower Level
Bedroom
12'8" × 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'
2nd Floor
Yes
5
15'8" x 14'8"
2nd Floor
No
5
5'1" x 11'9"
Lower Level
No
4
4'11" x 7'4"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Chandelier, Closet Organizers, Granite Counters, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Recessed Lighting, Separate Entrance, Smart Home, Vaulted Ceiling(s), Vinyl Windows, Wired for Data
Exterior Features:
Balcony, BBQ gas line, Lighting, Playground, Private Yard
Patio And Porch Features:
Deck, Side Porch
Lot Features:
Gentle Sloping, Low Maintenance Landscape, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Jul 23, 2025
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by RE/MAX West Real Estate
Data was last updated August 9, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
175
Avg list price:
$659,900
Min list price:
$249,900
Max list price:
$3,550,000
Avg days on market:
36
Min days on market:
1
Max days on market:
228
Avg price per sq.ft.:
$420.14
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA