Property Details
338 Magnolia Way SE
Calgary (A2308777)
Description
Located in the heart of Mahogany, this 2024 Jayman Built home offers a rare combination of thoughtful design, high-end upgrades, and built-in income potential. Featuring the Karma floorplan and over 2,250 sq ft above grade , this is a turn-key opportunity with a fully finished legal basement suite already tenanted through March 2027.
The main floor is bright, open, and built for everyday living. Durable luxury vinyl plank flooring runs throughout, while the great room is anchored by an upgraded electric fireplace. The kitchen stands out with upgraded countertops on both the island and perimeter, premium KitchenAid appliances, under-cabinet lighting, garburator, and a dedicated reverse osmosis system. It’s a space that balances clean design with real functionality.
Upstairs, the layout continues to impress with a spacious primary retreat featuring a spa-inspired ensuite complete with a soaker tub and upgraded shower. Two additional bedrooms, a full bath, upper laundry, and a bonus room provide flexibility for families, guests, or work-from-home needs.
The legal basement suite mirrors the quality of the main home, offering its own kitchen, living space, two bedrooms, and separate laundry. With a tenant already in place, it provides immediate and reliable income from day one.
Beyond the finishings, this home is packed with upgrades that elevate day-to-day living. A commercial-grade Huebsch washer, Hunter Douglas blinds, upgraded interior doors, LED lighting, and enhanced carpet underlay all contribute to the overall feel of quality throughout.
Outside, the fully landscaped backyard is designed for low-maintenance enjoyment, featuring a brick patio, privacy trees, gravel accents, and a custom fence with lattice detailing. The home also includes 10 solar panels to help offset utility costs, along with Gemstone exterior lighting that adds both curb appeal and functionality.
Technology and infrastructure have been carefully considered. The home is fully hardwired with Ethernet and includes Ubiquiti Wi-Fi access points for seamless connectivity. A full security system with cameras, monitored alarm, and smoke detection is already in place. Additional upgrades like a whole-home surge protector, smart water shut-off, water softener, central A/C, and an HRV system with UV and MERV 11 filtration ensure comfort, efficiency, and peace of mind year-round.
This is a home that goes beyond the typical new build offering, combining modern design, advanced systems, and long-term value in one of Calgary’s lake communities.
Property details
- MLS® #
- A2308777
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Mahogany
- Price
- $949,900
- Sale/Lease:
- For Sale
- Size:
- 2,259 sq.ft.
- Bedrooms:
- 6
- Bathrooms:
- 3 full / 1 half
- Year Built:
- 2024 (2 years old)
- Builder:
- Jayman Homes
- Structure Type:
- House
- Building Style:
- 2 Storey
- Garage:
- Yes
- Parking:
- Double Garage Attached
- Fence:
- Fenced
- Basement:
- Full
- Features:
- Ceiling Fan(s), Closet Organizers, Double Vanity, High Ceilings, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Storage, Walk-In Closet(s)
- Fireplaces:
- 1
- Inclusions:
- N/A
- Appliances:
- Central Air Conditioner, Dishwasher, Double Oven, Garage Control(s), Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
- Laundry:
- Laundry Room, Upper Level
- Exterior Features:
- Private Yard
- Patio/Porch Features:
- Deck
- Nearby Amenities:
- Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
- Condo Amenities:
- Beach Access, Clubhouse
- Condo Fee 2:
- $604
- Lot Size:
- 0 acres
- Lot Features:
- Back Yard, Landscaped, Rectangular Lot
- Zoning:
- R-G
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Carpet, Ceramic Tile, Vinyl Plank
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- Central Air
- Amenities:
- Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
- Possession:
- Negotiable
- Days on Market:
- 1
Basic Info
Building Info
Neighborhood Info
Condo/Association Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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