Welcome to Mahogany, Calgary's premier lake community, where lakeside living meets modern, eco-friendly design.
This beautifully upgraded two-storey residence is ideally located on a quiet, family-friendly street, just steps from neighbourhood parks and within walking distance to the Main Beach Club. Offering a sophisticated blend of style, comfort, and efficiency, this home delivers an exceptional Mahogany lifestyle. The main floor features a bright, open-concept layout with seamless tile and laminate flooring that enhances both durability and design. A striking custom reclaimed wood feature wall adds warmth and character to the living space, while the adjacent dining area provides an elegant setting for entertaining. The chef-inspired kitchen is beautifully appointed with granite countertops, a large central island, gas cooktop, and a new premium stainless-steel smart fridge, dishwasher. Upstairs, discover a private and tranquil retreat. The spacious primary suite showcases vaulted ceilings and a spa-inspired ensuite complete with dual sinks, a deep soaker tub, separate shower, and a custom walk-in closet. Two additional bedrooms, a full four-piece bathroom, a versatile bonus room, and upper-level laundry complete this thoughtfully designed upper floor. This home is engineered for modern living, featuring a fully integrated solar panel system for enhanced energy efficiency, along with central air conditioning, a high-efficiency furnace, and a new 50 gallon hot water tank. The outdoor space is designed for effortless enjoyment, offering a sun-filled south-facing backyard with a spacious deck, custom pergola, and lower patio. Low-maintenance artificial turf in both front and back yards ensures year-round curb appeal with minimal upkeep. The unfinished basement, already roughed-in for plumbing, offers excellent potential for future development tailored to your needs. Residents of Mahogany enjoy exclusive lake access and year-round recreation including beaches, skating, fishing, boating, and scenic walking paths. A rare opportunity to own a thoughtfully upgraded home that perfectly balances luxury, efficiency, and vibrant community living. Smart Fridge, Washer, Dryer, Dishwasher— all 2024. Solar Panel 2024; A/C, 2023; Hot Water Tank 2025.
OPEN HOUSE: Sunday | 1:30 PM – 3:30 PM
For sale
C$819,900
123 Masters Rise SE, Calgary, AB T3M 2L5
3beds
2,403sqft
SingleFamily
Built in 2016
3,920 Square Feet Lot
$-- Zestimate®
C$341/sqft
C$54/mo HOA
What's special
Beautifully upgraded two-storey residenceBright open-concept layoutChef-inspired kitchenGranite countertopsLarge central islandGas cooktopPrivate and tranquil retreat
- 1 day |
- 9 |
- 1 |
Zillow last checked:
Listed by:
Marlene MacDonald,
Engel & Völkers Calgary
Source: Engel & Volkers,MLS®#: A2315889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Features
- Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile
- Basement: Yes
- Has fireplace: Yes
Interior area
- Total structure area: 2,402
- Total interior livable area: 2,402 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage, Driveway, Garage Door Opener
- Has garage: Yes
Features
- Patio & porch: Patio, Deck
- Exterior features: Barbecue
Lot
- Size: 3,920 Square Feet
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 2016
Community & HOA
Community
- Subdivision: Mahogany
HOA
- Has HOA: Yes
- HOA fee: C$650 annually
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$341/sqft
- Date on market: 5/30/2026
- Lease term: Contact For Details

Marlene MacDonald - Global Real Estate Advisor
(403) 923-7355
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Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Listed for sale | C$819,900C$341/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Mahogany
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
- Alberta
- Division No. 6
- Calgary
- T3M 2L5
- Mahogany
- 123 Masters Rise SE






