$689,999
FOR SALE

Detached

Bedrooms: 3+2Bathrooms: 4Lot: 7.74 x 34 m

399 Magnolia Drive Se
Calgary, AB T3M 3M4

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. (id:47421)
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Listed By URBAN-REALTY.ca
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2292130
Last Updated Mar 12, 2026
Property Summary
Property Type Detached

More like this:
Community Mahogany
Price History

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Detailed Information
Bedrooms 3+2
Bathrooms 4
Lot 7.74 x 34 m
Amenities Nearby Park, Playground, Schools, Shopping, Water Nearby
Community Features Lake Privileges
Features No Animal Home, No Smoking Home
Listing Contract Date 2026-03-12
Municipal ID 0039564647
Ownership Type Freehold
# of Parking Spaces 2
Plan 2311345
Property Type Single Family
Structures None
Transaction Type For sale
Zoning Description R-G
Building
Appliances Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave, Hood Fan, Washer & Dryer
Basement Development Finished
Basement Features Separate entrance, Suite
Basement Type Full (Finished)
Constructed Date 2023
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type None
Fire Protection Smoke Detectors
Flooring Type Carpeted, Tile, Vinyl Plank
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Total Finished Area 1749.28 sqft
Type House
Rooms
Room Level Dimensions Notes
3pc BathroomSecond level6.50 Ft x 10.00 Ft
4pc BathroomSecond level8.42 Ft x 4.92 Ft
BedroomSecond level10.17 Ft x 9.50 Ft
BedroomSecond level9.33 Ft x 13.00 Ft
Family roomSecond level11.92 Ft x 13.08 Ft
Laundry roomSecond level6.25 Ft x 7.25 Ft
Primary BedroomSecond level11.92 Ft x 13.33 Ft
4pc BathroomBasement7.75 Ft x 4.92 Ft
BedroomBasement9.08 Ft x 11.25 Ft
BedroomBasement8.75 Ft x 11.25 Ft
KitchenBasement6.17 Ft x 13.75 Ft
Recreational, Games roomBasement13.00 Ft x 13.50 Ft
FurnaceBasement17.75 Ft x 7.67 Ft
2pc BathroomMain level5.67 Ft x 4.92 Ft
Dining roomMain level12.83 Ft x 9.67 Ft
FoyerMain level8.17 Ft x 9.17 Ft
KitchenMain level12.83 Ft x 11.75 Ft
Living roomMain level15.33 Ft x 13.75 Ft
OfficeMain level10.33 Ft x 7.67 Ft
Parking Spaces
Name Spaces
Parking Pad
Land
Total Size 263 square meters
Amenities Park, Playground, Schools, Shopping, Water Nearby
Fence Type Not fenced
Size of Irregular Land 263.00

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