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CAABCalgaryMahogany338 Magnolia Way Se
Listing image | Image 1

338 Magnolia Way Se, Calgary, AB

House

For Sale

Listed price in listed location currency (CAD).
$874,999

644

MLS® A2333280

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2259 sqft
Garage Yes
Taxes 
Days Active 2
Lot Size 0.08 Acres
Approx. Age 2024
Avg. Price Per Sqft $387
MLS® Number A2333280

Property Address: 338 Magnolia Way Se, Calgary, AB, T3M3S6

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of Mahogany, this 2024 Jayman Built home offers a rare combination of thoughtful design, high-end upgrades, and built-in income potential. Featuring the Karma floorplan and over 2, 250 sq ft above grade , this is a turn-key opportunity with a fully finished legal basement suite already tenanted through March 2027. The main floor is bright, open, and built for everyday living. Durable luxury vinyl plank flooring runs throughout, while the great room is anchored by an upgraded electric fireplace. The kitchen stands out with upgraded countertops on both the island and perimeter, premium KitchenAid appliances, under-cabinet lighting, garburator, and a dedicated reverse osmosis system. It’s a space that balances clean design with real functionality. Upstairs, the layout continues to impress with a spacious primary retreat featuring a spa-inspired ensuite complete with a soaker tub and upgraded shower. Two additional bedrooms, a full bath, upper laundry, and a bonus room provide flexibility for families, guests, or work-from-home needs. The legal basement suite mirrors the quality of the main home, offering its own kitchen, living space, two bedrooms, and separate laundry. With a tenant already in place, it provides immediate and reliable income from day one. Beyond the finishings, this home is packed with upgrades that elevate day-to-day living. A commercial-grade Huebsch washer, Hunter Douglas blinds, upgraded interior doors, LED lighting, and enhanced carpet underlay all contribute to the overall feel of quality throughout. Outside, the fully landscaped backyard is designed for low-maintenance enjoyment, featuring a brick patio, privacy trees, gravel accents, and a custom fence with lattice detailing. The home also includes 10 solar panels to help offset utility costs, along with Gemstone exterior lighting that adds both curb appeal and functionality. Technology and infrastructure have been carefully considered. The home is fully hardwired with Ethernet and includes Ubiquiti Wi-Fi access points for seamless connectivity. A full security system with cameras, monitored alarm, and smoke detection is already in place. Additional upgrades like a whole-home surge protector, smart water shut-off, water softener, central A/C, and an HRV system with UV and MERV 11 filtration ensure comfort, efficiency, and peace of mind year-round. This is a home that goes beyond the typical new build offering, combining modern design, advanced systems, and long-term value in one of Calgary’s lake communities.
MLS® NumberA2333280
Laundry LevelUpper
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age2024
BasementFull
DrivewayDouble Garage Attached
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

N/A

Rooms

Change to metres

Other:Main Floor9.42 × 10.59 ft
Other:Main Floor4.75 × 5.25 ft
Other:Upper Level10.92 × 11.5 ft
Other:Basement4.92 × 8.59 ft
Other:Basement9.5 × 9.67 ft
Family Room:Basement13.84 × 14.75 ft
Other:Upper Level11.5 × 13.75 ft
Other:Upper Level5.84 × 5.92 ft
Dining Room:Main Floor10 × 10 ft
Other:Upper Level12.09 × 11.5 ft
Kitchen:Basement7.84 × 10.75 ft
Other:Basement9.34 × 13.59 ft
Other:Upper Level9 × 12.92 ft
Other:Upper Level9 × 13.09 ft
Other:Upper Level12.34 × 14.17 ft
Living Room:Main Floor12.92 × 14 ft
Other:Basement8.09 × 8.59 ft

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

--

Today, For Sale for $874,999

For Sale · 2 days

$874,999

MLS® A2333280

2 days ago

Not Sold Yet

July 2026, For Sale for $874,999

For Sale · 2 days

$874,999

MLS® A2333280

2 days ago

Not Sold Yet

May 2026, For Sale for $899,900

For Sale · 85 days

$899,900

MLS® A2308777

3 months ago

Not Sold Yet

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How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $792,000 and $917,000.
Similar properties in this area sold on average for: $792,123
Expected to sell in 30 days. Similar properties sold in 32 days. This home has been on Zoocasa for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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