46 Mahogany Passage SE

About this home

$$$ 25,000 PRICE REDUCED $$$ BASEMENT LEGAL SUITE WITH SIDE SEPERATE ENTRANCE$$$ Excellent opportunity to own this exceptional family home offering over 3,430 sq. ft. of total developed living space, including a fully legal secondary suite, in the award-winning lake community of Mahogany—just steps from the lake, schools, and a convenient school bus stop. Freshly painted throughout, professionally cleaned, and with carpets freshly shampooed, this move-in-ready home combines luxury, comfort, and outstanding investment potential. The welcoming main floor showcases a spacious great room centered around a stunning stone-faced gas fireplace with a mantel, creating the perfect gathering space for family and friends. The bright dining area opens onto a large rear deck, ideal for summer BBQs and outdoor entertaining. The chef-inspired kitchen is beautifully appointed with a walk-thru pantry, a large central island with a flush eating bar, premium stainless steel appliances including a gas stove, abundant cabinetry, and elegant finishes. Rich hardwood flooring and 9-foot ceilings enhance the open-concept layout, while a convenient mudroom and 2-piece powder room complete the main level. Upstairs, the luxurious primary retreat features an impressive 10-foot ceiling, a spacious walk-in closet, and a spa-inspired 5-piece ensuite with dual granite vanities, a deep soaker tub, and a separate glass shower. The upper level also offers a generous bonus room, two additional spacious bedrooms, a full 4-piece bathroom, and a conveniently located laundry room. Adding tremendous value is the fully legal secondary suite with its own private entrance, making it ideal for extended family or generating rental income. The suite (legal) includes a spacious family/recreation room, kitchenette, one bedroom, a 4-piece bathroom, and additional storage space. Located in one of Calgary's most desirable lake communities, this outstanding home offers year-round access to Mahogany's private lake, sandy beaches, parks, playgrounds, walking pathways, and water park. You'll also appreciate the close proximity to schools, shopping, restaurants, South Health Campus, and major roadways for easy commuting. This exceptional property perfectly combines luxury living with income potential and is truly a must-see!

Highlights

• Ample Cabinetry
• Deck
• Ensuite
• Finished Basement
• Fireplace
• Forced Air
• Gas Fireplace
• Hardwood Floors
• Investment Property
• Legal Suite
• Mahogany
• Near South Health Campus
• Pantry
• Party Room
• Pathway Access
• Primary Retreat
• Rear Deck
• Rental Income Potential
• Se Calgary
• Secondary Suite
• Separate Entrance
• Soaker Tub
• Spa Ensuite
• Stainless Appliances
• Walk In Closet

What's nearby

• Bus Route
• Bus Stop
• Community Association
• Gym
• Library
• Park
• Playground
• Pool
• Rec Centre
• Restaurant

Property facts

Price history

Price reducedAugust 1, 2026 · 2.8%

$874,900−$25,000

Originally listed

$899,900

Location

46 Mahogany Passage SE, Calgary, AB · T3M 2K5