242 Mahogany Place SE

Mahogany Calgary T3M 1W3

Welcome to "The Waters" of Mahogany — Where Luxury Meets the Lake. This is one of those rare homes you don't forget. Sitting on a massive pie-shaped lot on a quiet cul-de-sac, backing directly onto greenspace with access to a semi-private dock — this property offers something you simply can't buy: a lifestyle. Over $450,000 in premium upgrades have been invested over the past couple of years, and it shows in every detail. From the moment you step inside, the wainscotting feature wall and hand-scraped hardwood floors set the tone. The front den with glass French doors and in-ceiling speakers is ready for your home office. The living room soars open to above, anchored by a dramatic floor-to-ceiling tile gas fireplace — a stunning focal point in an open, airy space. Natural light floods the dining room through a cantilever window design — a beautiful space to host family and friends through every season. The kitchen is the heart of this home. Creamy white cabinetry with gold bar-pull hardware pops against a dramatic black linear tile backsplash, while glass pendants with brass fixtures cast a warm glow over the space. The appliances match the ambition: Fisher & Paykel double-sized fridge, Viking gas cooktop, KitchenAid built-in oven/microwave combo, Bosch dishwasher, and a bold stainless steel chimney hoodfan anchored by a large island with soft-close cabinets built for both cooking and gathering. A dedicated tech area and walk-in pantry keep the home running smoothly behind the scenes. Step out onto the upper deck — completely transformed with a full Suncoast three-season enclosure, electric screens, blacked-out railing, new pergola, and outdoor speakers. Below, a stamped concrete path leads to a tiered landscaped yard, an extended lower patio, and a brand-new saltwater hot tub with its own 50-amp electrical service — all professionally completed and surrounded by mature new trees, fresh sod, and a fully redesigned irrigation system. The exterior facelift — new paint, garage door, and doors — gives this home serious curb appeal. Upstairs, a central bonus room with iron spindles overlooks the two-storey windows and delivers downtown Calgary views. The primary bedroom is a true retreat: spacious, flooded with light, with views of the city skyline and a five-piece ensuite featuring a centre soaker tub, stand-alone shower, dual sinks, and a storage tower. Two generously sized kids' rooms each have walk-in closets. The kids' five-piece bathroom features dual sinks and heated floors. Laundry is conveniently located on the upper level with direct access to the primary. The fully finished walkout basement adds 1,470 sq ft of living space — a massive rec room roughed in for a bar and projector, two additional bedrooms, and a four-piece bathroom. Step out to the sheltered concrete lower patio for year-round convenience. Additional features include: Kinetico water softener, reverse osmosis system, tankless hot water, new furnace motor, underground sprinklers, security camera.