Mahogany Homes for Sale in Calgary | Lakefront & Family Real Estate in SE Calgary

Discover Mahogany Real Estate: Detached Homes, Townhouses & Condos Beside Calgary’s Largest 63‑Acre Lake

Mahogany Calgary real estate listings, lakefront estates, and houses for sale in Southeast Calgary Mahogany Calgary real estate features lakefront estates, detached family homes, condos, and townhouses in an award‑winning master‑planned community

Welcome to Mahogany homes for sale in Calgary — your portal to one of the most sought‑after neighbourhoods in Southeast Calgary real estate. Centered around a spectacular 63‑acre freshwater lake with private beaches, two residents’ clubs, and over 20 km of scenic pathways, Mahogany real estate delivers a four‑season lake lifestyle unmatched anywhere else in the city.

Browse the full range of homes for sale in Mahogany Calgary, from affordable townhomes and chic condos to spacious single‑family houses and luxurious lakefront properties with private docks. Whether you’re a first‑time buyer, growing family, or downsizer seeking resort‑style living, Mahogany has a home to suit every budget and stage of life.

Mahogany Calgary real estate listings include quick‑possession new builds, designer starter homes under $500,000, and executive estates along Mahogany Island, Masters Cove, and Marine Drive. Residents enjoy walkable access to Mahogany Village Market, Seton Urban District, and the South Health Campus, plus easy commuting via Stoney Trail and Deerfoot Trail.

With strong resale values, award‑winning design, and an active calendar of community events, it’s no wonder Mahogany homes for sale remain some of the most in‑demand in SE Calgary—especially among buyers seeking year‑round lakefront living, parks, schools, and premium amenities all in one place.

Work with a Calgary Real Estate Professional Who Knows Mahogany

Ready to navigate the fast‑moving Mahogany Calgary real estate market? Trust Diane Richardson—a seasoned Calgary real estate professional with proven expertise in Mahogany homes & investment property. Whether you’re buying, selling, or relocating, Diane’s local knowledge and client‑first approach will help you secure the perfect fit.

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

Frequently Asked Questions About Mahogany Calgary Real Estate

What types of homes are available in Mahogany Calgary?

Mahogany real estate features a wide range of properties, including detached family homes, stylish townhomes, lakefront estates, bungalows, and modern condos. You’ll also find new build homes by top Calgary developers in the latest phases of the community.

Are there lakefront homes for sale in Mahogany?

Yes, Mahogany offers premium lakefront homes with private docks and direct access to Calgary’s largest freshwater lake. These exclusive properties can be found in areas like Mahogany Island and Masters Cove.

Is Mahogany a good community for families?

Absolutely. Mahogany is one of the most family-friendly communities in SE Calgary. It has excellent schools, green spaces, parks, pathways, and two resident-only beach clubs, making it ideal for families with children.

Are there new construction homes for sale in Mahogany?

Yes. Mahogany features a variety of new construction options, including quick-possession and custom-built homes. Many of these homes are energy-efficient and built with modern designs and finishes.

How much do homes in Mahogany Calgary typically cost?

Prices vary depending on property type and location. Condos and townhouses can start in the mid $300,000s, while detached homes generally range from $500,000 to over $1.5 million for luxury lakefront estates.

What amenities are nearby Mahogany homes?

Mahogany homes are close to everything you need — Mahogany Village Market, Seton Urban District, the South Health Campus, schools, restaurants, coffee shops, and public transit. The community also features over 20 km of walking trails, parks, and access to the 63-acre lake.

Can I work with a local Realtor® to buy a home in Mahogany?

Yes, working with a local expert like Diane Richardson ensures personalized service, in-depth market knowledge, and professional guidance to help you find and secure the right Mahogany property for your lifestyle and budget.

Contact Diane Richardson – Your Mahogany Calgary Real Estate Expert

Interested in homes for sale in Mahogany Calgary? Whether you're ready to book a showing, request more details on a specific listing, or have general questions about SE Calgary real estate, I’m here to help.

Ways to Connect with Me:

  • Online Contact Form: Use the secure form on my website to send a message. Please include your name, email, and the property address or MLS® number of the Mahogany home you're interested in.

  • Phone: Call or text me directly at 403.397.3706 for immediate assistance, questions, or to arrange private viewings.

  • Email: Reach out any time at Diane@Mypadcalgary.com — whether you need more info about a Mahogany home, want to discuss your budget, or are planning to sell.

  • Live Chat: Use the chat feature on my website to connect with me in real-time. For faster responses, please include the property address or MLS® number in your message.

Buying a home in Mahogany — especially a lakefront property or a new build — is an exciting step. Let’s make it easy, informed, and successful.

Explore Nearby Southeast Calgary Communities

Considering a home in Mahogany? You may also want to explore these nearby SE Calgary communities that offer lakeside living, modern amenities, and a family-friendly atmosphere:

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1728 29 Street SW
Shaganappi Calgary T3C 1M4

$3,095,000
Multi-Family 5,444 sq. ft. built: 2025

Main Photo: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Photo 1: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Photo 2: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Photo 3: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2192046
Year Built:
2025
Elevate your real estate portfolio with this exceptional new construction rental project in Shaganappi, a prime inner-city Calgary community. This development offers eight rental suites across two buildings, featuring spacious UPPER UNITS OF 1361 sqft with THREE BEDROOMS and 2.5 baths, complemented by spacious 622 sqft 1-bedroom lower units. A 4-car detached garage with lane access adds convenience and value to this prime property, set for completion in June 2025. Investors will appreciate the numerous benefits this opportunity presents. The large size units and prime location near downtown Calgary and major amenities ensure high demand and the potential for above-average rents. Situated on a generous 130ft lot, these townhomes boast a superior design that sets them apart from comparable developments in the area. Low-maintenance Hardy board exteriors minimize upkeep costs, while high-efficiency HVAC systems contribute to energy savings and tenant comfort. The use of durable finishes throughout ensures long-term performance, making this an ideal addition to any investment portfolio. Shaganappi’s desirable inner-city location combines the best of urban living with the charm of an established neighborhood. Residents will enjoy easy access to 17th Avenue, downtown, parks, shopping, and entertainment, making these units highly attractive to potential tenants. This purpose-built revenue property in one of Calgary’s most sought-after neighborhoods represents a unique opportunity to invest in a high-quality, low-maintenance asset with strong income potential. The combination of prime location, thoughtful design, and modern amenities positions this development for long-term appreciation and steady rental income. Don’t miss this chance to secure your stake in Calgary’s thriving real estate market. Contact Kam Dhillon today for more details and to explore how this exceptional investment opportunity can help you achieve your financial goals. With its prime location, superior construction, and strong rental potential, this Shaganappi development is poised to become a cornerstone of your real estate portfolio. Act now to be part of this exciting investment opportunity in one of Calgary’s most desirable communities. Priced with a 5.30% CAPITALIZATION RATE on rents of $2850 ($2.10 sqft) for upper units, $1450 ($2.20sqft) for lower suites and 20% op costs for a net income of approx $164,000 per year.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
2 Storey, Attached-Up/Down
Total Living Area:
5,444 sq. ft.
Main Level Finished Area:
675 sq. ft.
Upper Level Finished Area:
686 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
622 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Frontage:
50'
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:
Reg. Size:
Reg. Size Includes:
Stories Total:
2
Levels:
Two
Year built:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
9019EP
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Suite
New Constr.:
Yes
Structure Type:
Other
Ensuite:
No
Garage:
Yes
Garage Spaces:
4
Parking:
Alley Access, Quad or More Detached
Parking Places:
4
Parking Total/Covered:
4 / -
Shaganappi
None
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
RCG
Listed Date:
Feb 03, 2025
Days on Mkt:
  • Photo 1: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
    Photo 1 of 3
  • Photo 2: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
    Photo 2 of 3
  • Photo 3: 1728 29 Street SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2192046
    Photo 3 of 3
Listed by CIR Realty
Data was last updated August 8, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$2,324,500
Min list price:
$899,000
Max list price:
$13,800,000
Avg days on market:
38
Min days on market:
7
Max days on market:
214
Avg price per sq.ft.:
$551.5
These statistics are generated based on the current listing's property type and located in Calgary. 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