For Sale: 338 Magnolia Way SE, Calgary, AB - REW
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$899,900
6 bd • 4 ba • 2259 sf • House
338 Magnolia Way SE
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$899,900
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338 Magnolia Way SECalgary, AB, T3M 3S6

Mahogany
  • 6 Bed
  • 4 Bath
  • 2259 Sqft
  • House

About this home

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.
Listed by: Jonathan Popowich, eXp Realty of Canada

Home facts and features

Price details
List Price
$899,900
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Home facts
Bedrooms
6
Full Bathrooms
3
Partial Bathrooms
1
Parking Spaces
2
Property Type
House
Lot Size
3485 ft²
Frontage
29.40 ft
Year Built
Built in 2024 (2 yrs old)
Style
2 Storey
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Full
Features
Back Yard, Ceiling Fan(s), Closet Organizers, Double Vanity, Electric, Fishing, High Ceilings, Jetted Tub, Kitchen Island, Lake, Landscaped, Laundry Room, Living Room, Open Floorplan, Pantry, Park, Private Yard, Quartz Counters, Rectangular Lot, Schools Nearby, Upper Level, Walk-in Closet(s), Walking/bike Paths
Amenities
Beach Access, Clubhouse, Playground, Shopping Nearby, Storage, Tennis Courts
Appliances
Central Air Conditioner, Dishwasher, Double Oven, Garage Control(s), Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Community
Agent details
Primary Agent
Primary Broker
eXp Realty of Canada
Listing details
Days on REW
32 Days
Property Views
26
MLS® Number
A2308777
Source
Pillar 9
Board
Calgary Real Estate Board
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Property Insights

Divine Mercy School
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Prince Of Peace School
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St. Isabella School
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Copperfield School
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Auburn Bay School
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Dr. Martha Cohen School
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St. Marguerite School
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New Brighton School
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McKenzie Highlands School
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St. Albert The Great School
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Jonathan Popowich
Phone:
(403) 923-4700
Office:
403-262-7653
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