$669,999
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399 Magnolia Drive Se, Calgary, AB T3M 3M4

5 Beds
4 Baths
163 Sq Ft

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.

  • MLS® A2331310
  • Date Listed07/24/2026
  • Days on Realty 1 Day
  • Bedrooms 5
  • Bathrooms 3 Full baths, 1 Half baths
  • Lot Size 0.06 acres (2,830 sq. ft)
  • Subdivision Mahogany
  • County Calgary
  • Year Built 2023
  • Square Feet 163 sq. ft
  • Price Per Sq. Ft $4122.82

Interior Features

  • Appliances Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Washer/ Dryer
  • Flooring Carpet, Tile, Vinyl Plank
  • Cooling None
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Private Yard
  • Roof Shingle
  • Lot Size Acres 0.06
  • Lot Size SQFT 2,830.00
  • Lot Features Back Lane, Back Yard

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T3M 3M4

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T3M 3M4

Source: Walk Score

13/100

Car-Dependent

Walk Score ®

33/100

Some Transit

Transit Score ®

29/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.


Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 22/100, Bike Score: 39/100.

Points of Interest near 399 Magnolia Drive SE, Calgary, AB T3M 3M4

Frequently Asked Questions for 399 Magnolia Drive SE

Source: Realty.com

399 Magnolia Drive SE, Calgary, AB T3M 3M4 in Mahogany, Calgary, AB T3M 3M4 is a single family residence listed at $669,999. Highlights include 5 bedrooms, 4 bathrooms, 163 sq. ft., built in 2023, 0.06 acre lot, $4,123 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this ...

Realty.com has 50 photos of 399 Magnolia Drive SE.

Our records indicate that 399 Magnolia Drive SE was built in 2023.

The full address for this home is 399 Magnolia Drive SE, Calgary, AB T3M 3M4.

399 Magnolia Drive SE has been listed on Realty.com since Fri July 24, 2026

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 22/100, Bike Score: 39/100.

Listing provided courtesy of: URBAN-REALTY.ca (tel: 403-590-2233)
Listing agent: Evelyn Osemwegie (tel: 825-558-2942)

This content last refreshed on 2026-07-25 10:17:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.