Single Family Home $ 985,000

288 Magnolia CRES SE

Calgary, AB T3M 3T3

  • 7 Beds
  • 4 Baths
    Full Baths: 3 Half Baths: 1
  • 2,740 SqFt
  • 5,231 Lot Size
  • 2024 Year Built
Welcome to this exceptional 2024 built luxury home by Excel Homes, located in the prestigious lake community of Mahogany. Offering over 2,500 SQFT of refined living space and a total of 7 bedrooms, this home is a rare opportunity for those seeking both elevated living and strong investment potential.

From the moment you enter, the quality is unmistakable. This residence features over $200,000 in professionally selected upgrades, thoughtfully designed to enhance both style and functionality throughout.

The main and upper levels showcase upgraded luxury flooring, 9 foot ceilings, and an expansive open concept layout filled with natural light. The chef inspired kitchen is upgraded with extended cabinetry, enhanced layout design, and premium finishes, seamlessly flowing into the main living and dining areas, perfect for both everyday living and upscale entertaining.

Additional high end features include custom interior railings with metal spindles, a black farmhouse lighting package, upgraded fixtures throughout, and enlarged windows with an upgraded patio door, creating a bright and inviting atmosphere across the home.

The upper level continues to impress with spacious bedrooms and a luxury primary ensuite featuring upgraded tile work, a fully tiled shower, and refined finishes that create a true retreat.

A standout feature of this property is the fully legal basement suite with 2 bedroom, 1 bathroom, professionally built by the builder, complete with a separate entrance, dedicated mechanical systems, and full kitchen and laundry. This space is ideal for generating rental income, accommodating extended family, or maximizing long term value.

Further enhancements include upgraded ceiling heights, architectural customization, and a functional layout designed for modern living.

Situated in Mahogany, residents enjoy access to Calgary's premier lake lifestyle, including private beaches, year round activities, extensive pathways, parks, and top tier amenities.

This is more than just a home, it is a fully upgraded, income generating luxury property in one of Calgary's most desirable communities.
Listed by Real Broker

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PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 740 sqft

    Price per Sqft $359

    Subdivision Mahogany

    MLS Listing ID A2299275

    Style 2 Storey

    Bedrooms 7

    Full Baths 3

    Half Baths 1

    HOA Fees $570/ann

    HOA Y/N 1

    Year Built 2024

    Annual Tax Amount $5,265

    Tax Year 2025

    Lot Size 5,231 Sqft

    Acres 0.12

    Property Sub-Type Detached

    Source Calgary

  • Location

    Province AB

    County Calgary

    Area Cal Zone Se

    Zoning R-G

    Direction N

  • Rooms

    Other Rooms 1

    Basement Full

  • Building

    Lot Description Back Yard

    Foundation Poured Concrete

    Architectural Style 2 Storey

    Level or Stories Two

    Structure Type Mixed

  • Interior

    Interior Features Double Vanity, Kitchen Island, Open Floorplan, Pantry, See Remarks, Soaking Tub, Walk-In Closet(s)

    Heating Forced Air

    Cooling Central Air

    Flooring Carpet, Ceramic Tile, Hardwood, Vinyl Plank

    Fireplaces Number 1

    Fireplaces Type Electric

    Inclusions All Light fixtures and Blinds, Hood Fan, Basement: Refrigerator, Dishwasher, Washer/Dryer Stacked, Microwave, Electric Stove

    Appliance Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer

    Laundry Multiple Locations

  • Exterior

    Parking Features Double Garage Attached

    Garage Spaces 2.0

    Fence Partial

    Community Features Park, Playground, Schools Nearby, Shopping Nearby

    Amenities Available Other

    Roof Type Asphalt Shingle

    Porch Deck, See Remarks

    Lot Frontage 46.03

    Total Parking Spaces 4

    Garage 1

  • Others

    Restrictions Restrictive Covenant,Utility Right Of Way

    Tax ID 101108921

    Ownership Private

    Virtual Tour https://home.newlisting.io/mls/240921026

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