5 Masters Street SE
Calgary, AB, T3M 2R5
$540,000
4 Beds
3 Baths
1,795 SqFt
0.09 Acres
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MLS #A2346750 image #0
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.

Property Details

Price:
$540,000
MLS #:
A2346750
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Detached
Subdivision:
Mahogany
Listed Date:
Sep 19, 2026
Finished Sq Ft:
1,795
Lot Size:
3,864 sqft / 0.09 acres (approx)
Year Built:
2017
MahoganyFullBack Lane,back Yard,corner Lot,landscaped

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
3
Laundry Features
Upper Level

Exterior

Exterior Features
Other
Lot Features
Back Lane, Back Yard, Corner Lot, Landscaped
Parking Features
Off Street
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Oct 21, 2026
3,500
Single Family Listed
49
Avg DOM
490
Avg $ / SqFt
$869,954
Avg List Price

Property Summary

    Located in the Mahogany subdivision, 5 Masters Street SE Calgary AB is a Single Family for sale in Calgary, AB, T3M 2R5. It is listed for $540,000 and features 4 beds, 3 baths, and has approximately 1,795 square feet of living space, and was originally constructed in 2017. The current price per square foot is $301. The average price per square foot for Single Family listings in Calgary is $490. The average listing price for Single Family in Calgary is $869,954. To schedule a showing of MLS#a2346750 at 5 Masters Street SE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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