289 Magnolia Way Se , Calgary, Alberta T3M 3S5 New For sale

$724,900

Bedrooms 5
Bathrooms 4
Area 1801 sqft
Basement Type Full (Finished)
Year Built 2023
Car Parking 2
Type House

About 289 Magnolia Way Se

A Legal Basement Suite, Five Bedrooms, a Double Garage, and an Incredible Mahogany Lifestyle! Located on a quiet street in the established rear section of Mahogany, this beautifully designed Jayman-built home offers exceptional versatility for homeowners, multigenerational families, and investors. With three bedrooms upstairs, a professionally built two-bedroom legal basement suite, and a double detached garage, this property provides the space to grow while offering valuable rental-income potential. Low-maintenance landscaping creates an inviting first impression, while the main floor welcomes you with a bright front flex room that can easily serve as a home office, sitting room, playroom, or formal dining space. A conveniently located two-piece bathroom completes the front portion of the home. The main living area has been thoughtfully arranged for everyday comfort and entertaining. A central living room flows into the dining area, highlighted by a modern statement light fixture, while the kitchen is positioned at the back of the home overlooking the yard. The kitchen features white quartz countertops, a stacked subway-tile backsplash, stainless steel appliances, a box-style hood fan, and rich dark-blue upper and lower cabinetry. A walk-in pantry located across from the dining area provides excellent additional storage. The rear entrance includes a convenient closet and access to the fully fenced backyard. A ground-level deck and pergola create a welcoming outdoor space, while extensive stone landscaping keeps maintenance to a minimum. There is still a reasonable amount of usable yard space, even with the double detached garage. Upstairs, a central bonus room creates separation between the children’s bedrooms and the private primary retreat, making it an ideal second family room, homework area, or media space. Two well-sized secondary bedrooms are located at the back of the home, with a four-piece bathroom and laundry closet conveniently positioned nearby. The spa cious primary bedroom overlooks the front of the property and includes a generously sized walk-in closet and a four-piece ensuite finished with quartz countertops and coordinating blue cabinetry. The Jayman-built legal basement suite significantly expands the home’s possibilities. With its own private entrance, separate laundry, four-piece bathroom, and two generously sized bedrooms positioned on opposite sides of the central living space, the suite offers privacy and functionality. Its kitchen is finished with stainless steel appliances, quartz countertops, and grey cabinetry extending to the ceiling. Whether used as a mortgage helper, long-term rental, accommodation for extended family, or part of a broader investment strategy, the legal suite adds meaningful value and flexibility. Living in Mahogany means enjoying one of Calgary’s most desirable lake communities. This property delivers an outstanding combination of lifestyle, location, and long-term investment potential. (id:51989)

Features of 289 Magnolia Way Se

  • MLS® Number A2323765
  • Price $724,900
  • Bedrooms: 5
  • Bathrooms: 4
  • Square Footage: 1801 sqft
  • Property Type: House
  • Community Name: Mahogany
  • Amenities Near By Park, Playground, Recreation Nearby, Schools, Shopping, Water Nearby
  • Community Features Lake Privileges, Fishing
  • Features Back Lane, No Animal Home, No Smoking Home, Level
  • Parking Space Total 2
  • Plan 2311345
  • Structure Deck

Buildings

Bathroom Total 4 Bedrooms Above Ground 3
Bedrooms Below Ground 2 Bedrooms Total 5
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Garage Door Opener Basement Development Finished
Basement Features Separate Entrance, Suite Basement Type Full (finished)
Constructed Date 2023 Construction Material Wood Frame
Construction Style Attachment Detached Cooling Type Central Air Conditioning
Exterior Finish Stone Flooring Type Carpeted, Tile, Vinyl Plank
Foundation Type Poured Concrete Half Bath Total 1
Heating Fuel Natural Gas Heating Type Forced Air
Stories Total 2 Size Interior 1801 Sqft
Total Finished Area 1801 Sqft Type House

Parking

Detached Garage 2

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground, Recreation Nearby, Schools, Shopping, Water Nearby Landscape Features Landscaped
Size Depth 36.74 M Size Frontage 9.74 M
Size Irregular 301.00 Size Total 301 M2|0-4,050 Sqft
Size Total Text 301 M2|0-4,050 Sqft Zoning Description R-g

Rooms

Level Type Dimensions
Main Level Living Room 14.92 Ft x 12.50 Ft
Main Level Dining Room 12.58 Ft x 10.75 Ft
Main Level Kitchen 12.58 Ft x 9.00 Ft
Main Level Other 13.00 Ft x 8.67 Ft
Main Level 2pc Bathroom 5.17 Ft x 5.58 Ft
Upper Level Bonus Room 13.08 Ft x 10.67 Ft
Upper Level Primary Bedroom 13.08 Ft x 14.67 Ft
Upper Level 4pc Bathroom 9.25 Ft x 4.92 Ft
Upper Level Bedroom 9.17 Ft x 11.42 Ft
Upper Level Bedroom 9.50 Ft x 11.42 Ft
Upper Level 4pc Bathroom 9.25 Ft x 4.92 Ft
Unknown Living Room/dining Room 14.33 Ft x 28.83 Ft
Unknown Bedroom 9.25 Ft x 10.08 Ft
Unknown Bedroom 11.25 Ft x 9.50 Ft
Unknown 4pc Bathroom 8.00 Ft x 7.17 Ft
Unknown Furnace 6.17 Ft x 14.25 Ft

Agents and Offices

  • Danny James
  • Chad Kon
  • Office: Real Broker
  • Aerial
  • Walking Score
What's Nearby

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1-403-561-3456