399 Magnolia Drive Se, Calgary

$689,999

5 Beds
4 Baths
1,749 Sqft
.06 Acres
2 Garages

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.

Essential Information
MLS® #A2292130
Price$689,999
Bedrooms5
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,749
Acres0.06
Year Built2023
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address399 Magnolia Drive Se
SubdivisionMahogany
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3M 3M4
Amenities
AmenitiesNone
Parking Spaces2
ParkingAlley Access, Parking Pad
# of Garages2
Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFull
Interior Features

Built-in Features, Kitchen Island, No Animal Home, No Smoking Home, Quartz Counters, Separate Entrance, Walk-In Closet(s)

Appliances

Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Washer/Dryer

Exterior
Exterior FeaturesPrivate Yard
Lot DescriptionBack Yard
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Additional Information
ZoningR-G
HOA Fees575
HOA Fees Freq.Annually
Listing Details
OfficeURBAN-REALTY.ca
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