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James Hughes, REALTOR®
All listings/Mahogany/MLS® A2346750

All photos · 37

Active · Mahogany

5 Masters Street SE

4 bedrooms· 3 bathrooms· 23 days listed
$540,000
N°01About the property

Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities. This beautifully designed two-story residence offers ample space, abundant natural light, and a harmonious blend of modern living and traditional charm. Situated on a corner lot, this home boasts an open-concept layout on the main floor, ideal for contemporary living and entertaining. The spacious living and dining area is complemented by an electric fireplace, while the well-appointed kitchen features a pantry and ample counter space. A rare main-floor bedroom and full bathroom provide flexibility for guests, accommodating multi-generational living or a private home office. Ascending to the upper level, you will discover three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and a luxurious four-piece ensuite bathroom. The upper level also offers two additional bedrooms, a full bathroom, convenient laundry facilities, and an open flex/den area, perfect for a study space or playroom. The unfinished basement holds great potential for future customization, allowing you to design it according to your unique preferences. It also offers a deck and two cars parking at the back and the option for future garage development. Residing in Mahogany Lake means embracing one of Calgary’s most sought-after lake communities, centered around the city’s largest freshwater lake, Mahogany Lake, spanning approximately 64 acres. Residents enjoy year-round recreational opportunities, including swimming, paddle sports, fishing, beach volleyball, skating rinks, and scenic walking and cycling paths. The community hub, Mahogany Beach Club, offers a splash park, picnic and barbecue areas, natural gas fire pits, a fishing dock, and a spacious 21,000 sq ft clubhouse. Nearby, Mahogany Wetlands provide 74 acres of preserved natural habitat and access to over 22 km of walking, jogging, and cycling trails. Conveniently located just minutes from South Health Campus, this home is complemented by excellent nearby schools, including Divine Mercy School and Mahogany School. It delivers the perfect combination of space, lifestyle, and investment potential within one of Calgary’s premier lake communities.

Listing history for this address
See this property's listing history.
N°02Quick facts
Listed
Sep 19, 2026
Property type
Detached
Year built
2017
Parking total
2
Basement
Full
Heating
Forced Air
Cooling
None
N°03Rooms
3pc BathroomMain9'3" x 4'11"
BedroomMain11'7" x 9'4"
Dining RoomMain18'10" x 9'10"
FoyerMain7'1" x 9'2"
KitchenMain12'7" x 9'8"
Living RoomMain14'10" x 11'4"
4pc BathroomUpper9'3" x 4'11"
4pc Ensuite bathUpper9'0" x 4'11"
BedroomUpper9'1" x 13'5"
BedroomUpper9'4" x 12'0"
OfficeUpper5'6" x 4'10"
Bedroom - PrimaryUpper12'11" x 14'10"
Walk-In ClosetUpper9'2" x 5'8"

Measurements deemed reliable but not guaranteed.

N°04Where it is

Pin placed at the coordinates supplied by the MLS® System.

N°05What it would carry

Estimated monthly payment

$2,653

Down payment: $108,000 · Loan: $432,000

Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.

Listing courtesy

REMAX Innovations · Listing agent Maqbool Hussain · Co-listed by Real Broker

MLS®# A2346750 · Last modified 2026-10-12


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All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.

James Hughes, REALTOR® · CIR Realty