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Homes for Sale in Mahogany, Calgary

Mahogany draws buyers who want lake living without leaving the city.

Active listings

293

Median list price

$639,900

Avg list price

$711,739

Homes for Sale in Mahogany, Calgary

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Buying in Mahogany

Who fits here

Mahogany draws buyers who want lake living without leaving the city. Built by Hopewell Residential Communities and approved for development in 2007, it is home to Calgary''s largest freshwater lake — a private amenity exclusive to residents that offers sandy beaches, year-round programming, a beach club, and non-motorized water access in summer. The lake alone filters out a broad swath of buyers who simply want proximity to water from those who actually want to be on it. The neighbourhood suits families well. Two CBE schools (Mahogany School, K–5) and two CSSD Catholic schools (Divine Mercy, K–6, and Monsignor J.S. Smith, grades 7–9) sit within the community, keeping school runs short. The housing mix runs from townhomes and semi-detached properties to larger detached homes and estate lots — with multiple price points that accommodate upsizers and first-time buyers alike. Borders include Stoney Trail to the north and 52 Street SE to the west, giving quick freeway access in two directions. Nearby Seton offers grocery, retail, restaurants, and the South Health Campus hospital, which means daily errands and major medical care are both within a few minutes'' drive.

Current market in the neighbourhood

Homes in Mahogany are currently listed with a median asking price of $639,900 and an average of $711,739. There are 293 active listings in the neighbourhood right now. Over the past 12 months, properties have sold here, with a median sold price and an average. Sellers are achieving of their asking price on average, and homes are finding buyers in days on hômm. Across Calgary, the 2026 median single-residential assessed value is $706,000 — up from $697,000 in 2025 — reflecting a market that has moderated after a 15% surge the prior year.

Commute and lifestyle

Mahogany sits at the southeastern edge of Calgary''s ring road network, with Stoney Trail forming the community''s northern boundary. From there, drivers can reach downtown Calgary in roughly 30–35 minutes under typical conditions, and Deerfoot Trail is accessible via 52 Street SE for a more direct northbound route. The South Health Campus — a 1.3-billion-dollar, one-million-square-foot regional hospital with over 60 programs including 24-hour emergency, cardiology, oncology, and maternity — sits less than five minutes away in adjacent Seton. The hospital employs around 2,400 full-time-equivalent staff, making it one of the largest employers in the southeast quadrant and a significant draw for healthcare workers buying in the area. Seton Boulevard also hosts a growing urban district with a YMCA, Cineplex, major grocery anchors, and everyday retail — all walkable or a short drive from Mahogany''s western edge. Calgary Transit bus service connects residents to the broader network today, and the planned Green Line LRT extension, once completed, is expected to include a station serving Auburn Bay and Mahogany, bringing rail access to the community for the first time.

Long-term context

Mahogany''s growth story is one of the more striking in Calgary''s recent suburban history. The community had just 788 residents in 2011; by 2019 that number had grown to 11,784 — a roughly fifteen-fold increase in under a decade. That pace of population growth typically translates into sustained demand for resale properties as the community matures and early owners build equity. At a city level, Calgary single-residential assessed values rose 14% in 2025 before moderating to roughly 1% growth in 2026, with the 2026 median sitting at $706,000. Southeast lake communities like Mahogany and Auburn Bay have historically commanded a premium over the Calgary median, driven by the scarcity of private lake access and the quality of the Seton amenity district nearby. For buyers, the current moderation in the broader Calgary market represents a window relative to the sharp run-up of the prior two years — with fundamentals like interprovincial migration and limited lake-community land supply still supporting medium-term values.

About Mahogany

Overview

Mahogany is a highly sought-after, multi-award-winning master-planned community in Southeast Calgary. Established in 2007, it is famous for its resort-style living and centers around Calgary's largest man-made freshwater lake. The neighborhood seamlessly merges active outdoor living with comprehensive urban amenities, making it a premier destination for families and professionals alike.

Location

Situated in the deep southeast quadrant of Calgary, Mahogany is bordered by Stoney Trail to the north, 52 Street SE to the west, and an extension of Seton Boulevard (196 Avenue SE) to the south. It sits immediately east of Auburn Bay and just north of the Seton Urban District, providing residents with quick access to the South Health Campus and major commuting routes via the city's ring road.

Housing character

The real estate landscape in Mahogany is diverse, heavily featuring modern single-family detached homes alongside stylish waterside condos, townhomes, and luxury lakefront estates. The neighborhood also includes unique multi-generational developments like Westman Village. Properties here reflect a mid-range to premium positioning, currently seeing a median sold price and spending an average of on the market.

Schools

The neighborhood is home to two elementary schools: Mahogany School (Calgary Board of Education, K-5) and Divine Mercy School (Calgary Catholic School District, K-6). For older grades, students are designated to middle and high schools in neighboring communities such as Auburn Bay and Seton, including the nearby Joane Cardinal-Schubert High School.

Transit

Public transportation is supported by Calgary Transit, with local routes like the 75 bus providing direct connections to the Somerset-Bridlewood LRT Station on the Red Line. Mahogany is also situated along the planned future southern extension of the Green Line LRT, which will eventually feature a dedicated Auburn Bay/Mahogany station for rapid transit into downtown Calgary.

Shopping and dining

Residents enjoy incredible local convenience at the Mahogany Village Market, a vibrant commercial hub anchored by a major grocery store, pharmacies, and a mix of popular restaurants and cafes. The newer Village Commons plaza and the boutique retail spaces within Westman Village offer additional dining, boutique shopping, and professional services, while the expansive Seton shopping district is just minutes away.

Parks and recreation

Outdoor recreation is the cornerstone of the community, anchored by the 63-acre Mahogany Lake and 21 acres of private beachfront. Residents have exclusive access to the Mahogany Beach Club, offering paddleboarding, swimming, fishing, and winter ice skating. The neighborhood also features 74 acres of naturalized wetlands and 22 kilometers of paved pathways connecting 30 local parks and playgrounds.

Lifestyle

Life in Mahogany offers a year-round, staycation-like atmosphere. Summers are spent lounging on the sandy beaches or playing beach volleyball, while winters bring neighborhood hockey games and ice skating. With a strong sense of community fostered by regular events, local markets, and a highly active community association, it attracts a vibrant mix of young families, active professionals, and retirees.

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Frequently Asked Questions

Lake access is exclusive to Mahogany residents. The community''s beach club and lake are private amenities managed by the Mahogany Residents Association, offering sandy beaches, swimming, and non-motorized boating in summer, as well as skating in winter.

Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on April 25, 2026 at 6:00 pm (America/Edmonton)