* Amounts are estimates only. Final payment amounts may vary.
Description
Welcome to 399 Magnolia Drive SE, a modern two storey home with a basement legal suite in the heart of Mahogany, one of Calgary's most sought after lake communities.
Built in 2023, this thoughtfully designed home offers 5 bedrooms, 3.5 bathrooms, and 1,749 sq. ft. RMS above grade, fully finished basement legal suite( 2 bedrooms) with a separate private entrance. The main level features a bright open concept layout with quartz countertops, a large kitchen island, luxury vinyl plank flooring, a dedicated home office, and spacious living and dining areas designed for comfortable everyday living and entertaining.
Upstairs, you'll find a generous primary bedroom complete with a walk-in closet and 3-piece ensuite, along with two additional bedrooms, a full bathroom, and the convenience of upper-level laundry.
The legal basement is an excellent mortgage helper or investment opportunity, offering 2 bedrooms, a full kitchen, a 4-piece bathroom, with a laundry, and its own private entrance. The main floor is vacant, providing immediate possession for an owner-occupant, while the basement is currently tenanted with a lease in place until August 2026.
Outside, enjoy a private backyard, rear alley access with a parking pad, and an unbeatable location just minutes from Mahogany Lake, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking and biking pathways.
A rare opportunity to own a nearly new home with a legal suite in one of Calgary's premier lake communities, ideal for homeowners and investors alike.
Property details
Basic Info
MLS® #
A2331310
Property Type:
Residential
Subtype:
Detached
Subdivision:
Mahogany
Price
$669,999
Sale/Lease:
For Sale
Size:
1,749 sq.ft.
Bedrooms:
5
Bathrooms:
3 full / 1 half
Year Built:
2023 (3 years old)
Building Info
Structure Type:
House
Building Style:
2 Storey
Garage:
No
Parking:
Alley Access, Parking Pad
Basement:
Full
Features:
Built-in Features, Kitchen Island, No Animal Home, No Smoking Home, Quartz Counters, Separate Entrance, Walk-In Closet(s)
Inclusions:
NA
Appliances:
Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Washer/Dryer
Laundry:
In Basement, Upper Level
Exterior Features:
Private Yard
Patio/Porch Features:
Deck
Neighborhood Info
Nearby Amenities:
Clubhouse, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Condo/Association Info
Condo Amenities:
None
Condo Fee 2:
$575
Lot / Land Info
Lot Size:
0 acres
Lot Features:
Back Lane, Back Yard
Zoning:
R-G
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Carpet, Tile, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Clubhouse, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths