This lakefront property in the award-winning family community of Mahogany enjoys a sunny west exposure and backs onto the main beach of this outstanding year-round recreational anchor for the community. The sun, sand and water are always out your back door. Situated on a quiet cul-de-sac you’ll find an estate quality luxury home that has been finely and carefully built by Calbridge Homes in 2016. The “Cascade” floor plan is the base of this customized build that enjoys four well-sized bedrooms upstairs plus a bonus room, an extremely functional and well-planned main floor with a flex/office space along with a walkout basement that has been fully finished by the builder. Ceiling heights are 9 feet throughout all three levels of the home, with several areas on the upper two levels stretching up to 14 feet. This along with the abundant oversized windows, plus extra on the side due to no neighbor, give the maximum feeling of open space and airiness. The anchor of the main floor, the kitchen, gazes masterfully out the massive windows to the glistening lake beyond. Wide-plank hardwood floors, stunning white full height cabinetry with a huge island finished in a darker accent, quartz counters, a built-in coffee bar, butler pantry and walk-in pantry give you a great space to work with. The dining area and outdoor balcony offer you indoor and outdoor dining space comfortably accommodating a larger than average gathering. A living space complete with the gas fireplace takes advantage of the extra windows while the sizeable mudroom off of the triple front drive garage is enough for the whole family and can be locked out of view of your guests. The carpeted staircase leads upstairs where you’ll find the same hardwood floors continue throughout the halls and the vaulted-ceiling bonus room. Four bedrooms up include a primary suite with vaulted ceilings and a view of the lake, that will accommodate just about whatever furnishings you wish, and is supported with a spa like five-piece ensuite with steam shower, soaker tub, double sinks on a raised vanity and a walk-in closet big enough for two. The theme of well-sized rooms carries through the three additional bedrooms, a shared four-piece family bath and a laundry room that is second to none. The finished walkout level has a huge family room with wet bar and full-sized fridge along with a fifth bedroom, a three-piece bathroom, and a storage area currently used as a gym. The west facing windows engulf the space in natural light and invites you out to the professionally landscaped yard which includes artificial grass for maximum versatility. Go out your own gate and you are in the lake and steps from the beach and the water. A few recent adds include a solar power system in 2024 providing a nice offset to energy costs. In addition, the HVAC system was overhauled in 2025 with two new heat pumps/air conditioning and a Rheem tankless hot water system plus a Tesla charger in garage and an upgrade to the fridge, washer and dryer.
Property Details
Price:
$1,695,000
MLS #:
A2260696
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Mahogany
Listed Date:
Sep 30, 2025
Finished Sq Ft:
3,087
Lot Size:
5,134 sqft / 0.12 acres (approx)
Year Built:
2015
See this Listing
Schools
Interior
Appliances
Bar Fridge, Built- In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Gas Cooktop, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Window Coverings, Wine Refrigerator
Basement
Finished, Full, Walk- Out To Grade
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Upper Level
Exterior
Exterior Features
BBQ gas line
Lot Features
Back Yard, Beach, Close to Clubhouse, Cul- De- Sac, Lake, Landscaped, No Neighbours Behind, Street Lighting, Views, Waterfront
Parking Features
Driveway, Front Drive, In Garage Electric Vehicle Charging Station(s), Triple Garage Attached
Parking Total
6
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address149 Masters Cape SE Calgary AB
- SubdivisionMahogany
- CityCalgary
- CountyCalgary
- Zip CodeT3M 2B2
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayfair
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- Oakridge
- Ogden
- Osprey Hill
- Out of Area Calgary
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Roxboro
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Single Family in Calgary as of Sep 30, 2025
4,449
Single Family Listed
46
Avg DOM
474
Avg $ / SqFt
$827,438
Avg List Price
Property Summary
- Located in the Mahogany subdivision, 149 Masters Cape SE Calgary AB is a Single Family for sale in Calgary, AB, T3M 2B2. It is listed for $1,695,000 and features 5 beds, 4 baths, and has approximately 3,087 square feet of living space, and was originally constructed in 2015. The current price per square foot is $549. The average price per square foot for Single Family listings in Calgary is $474. The average listing price for Single Family in Calgary is $827,438. To schedule a showing of MLS#a2260696 at 149 Masters Cape SE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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