Welcome to 399 Magnolia Drive SE, a modern 2storey home with a legal basement suite located in the heart of Mahogany, one of Calgary’s most sought after lake communities.
Built in 2023, this well-designed property offers 5 bedrooms and 3.5 bathrooms with 1,749 sq ft RMS above grade, plus a fully finished basement with separate exterior entrance. The main home features an open concept layout with quartz countertops, a kitchen island, vinyl plank flooring, a dedicated main-floor office, and a bright dining and living space ideal for everyday living.
Upstairs, you’ll find a spacious primary bedroom with walk in closet and 3 piece ensuite, two additional bedrooms, a full bath, and upper level laundry for convenience.
The legal basement suite includes 2 bedrooms, a full kitchen, 4-piece bath, in-suite laundry, and a private entrance, making it an excellent mortgage helper or long term investment.
Enjoy rear alley access with parking pad, a private backyard, and proximity to Mahogany Lake, beaches, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking & bike paths.
Tenant-occupied property , ideal for investors or buyers comfortable assuming tenancy as the basement tenant is willing to stay.
A rare opportunity to own a nearly new home with a legal suite in a premier lake community.
Address
399 Magnolia Drive SE
List Price
$674,999
Property Type
Residential
Type of Dwelling
Detached
Style of Home
2 Storey
Transaction Type
Sale
Area
Calgary SE
Sub-Area
Mahogany
Bedrooms
5
Bathrooms
4
Floor Area
1,749 Sq. Ft.
Lot Size
2830 Sq. Ft.
Year Built
2023
MLS® Number
A2292130
Listing Brokerage
URBAN-REALTY.ca
Basement Area
Full
Postal Code
T3M 3M4
Zoning
R-G
Site Influences
Back Yard, Clubhouse, Lake, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground