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.
- Number of Kitchens
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- Number of Kitchens Plus
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- Number of Parking Spaces
- 4
- Laundry Level
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- Zoning Description
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- More Information Link
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- Certification Level
- null
- Den
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- Year Built
- 2024
- Alternate URL Video Link
- https://youriguide.com/338_magnolia_way_se_calgary_ab/
- Exterior Construction 1
- Vinyl Siding,Wood Frame
- Exterior Construction 2
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- Elevator
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- Roofing Material
- Asphalt Shingle
- Zoning
- R-G
- Basement 1
- Full,Finished,Separate/Exterior Entry
- Basement 2
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- Square Feet
- 2259.00
- Handicapped Equipped
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- Heating
- Forced Air,Natural Gas
- Number of Rooms
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- Number of Rooms Plus
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- Landscape Features
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- Virtual Tour URL
- https://unbranded.youriguide.com/338_magnolia_way_se_calgary_ab/
- Land Sewer
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- Energy Certification
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- Number of Bathrooms
- 4
- Number of Bathrooms Plus
- null
- Number of Bathrooms Half
- 1
- Green Property Info Statement
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- Live Stream URL
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- Zoning Type
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- Land Access Type
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- Business Type
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- Business Sub Type
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- Swimming Pool
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- Construction Style Split Level
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- Lease Terms
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- Flooring Type
- Carpet,Ceramic Tile,Vinyl Plank
- Farm Type
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- Land Disposition
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- View Type
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- Style
- 2 Storey
- Loading Type
- null
- Number of Garage Spaces
- 2
- Parking Cost Monthly
- null
- Air Conditioning
- Central Air
- Central Air Conditioning
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- Family Room
- null
- Construction Status
- null
- Number of Bedrooms
- 4
- Number of Bedrooms Plus
- 2
- Extras
- Central Air Conditioner,Dishwasher,Double Oven,Garage Control(s),Gas Cooktop,Microwave,Range Hood,Refrigerator,Washer/Dryer,Window Coverings
- Living Area Measurement
- null
- Patio
- Deck
- Amperage
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- Furnished
- null
- Foundation Type
- Poured Concrete
- Sewer
- null
- Property Type
- Detached
- HOA Fee
- null
- Common Elements Included
- null
- Number of Driveway Spaces
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- Ceiling Type
- null
- Water Source
- null
- Garage
- null
- Central Vac
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- Sqft Range
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- Driveway
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- Number of Fireplaces
- 1
- Energuide Rating
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- Fire Protection
- null
- Storage Type
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- Analytics Click
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