338 Magnolia WAY SE, Calgary, AB T3M 3S6
338 Magnolia WAY SE, Calgary, AB T3M 3S6
338 Magnolia WAY SE, Calgary, AB T3M 3S6
338 Magnolia WAY SE, Calgary, AB T3M 3S6
338 Magnolia WAY SE, Calgary, AB T3M 3S6
338 Magnolia WAY SE, Calgary, AB T3M 3S6
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$ 874,999
Est. payment | /mo

6 Beds

4 Baths

2,259 SqFt


$ 874,999
Est. payment | /mo

6 Beds

4 Baths

2,259 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2259.0

Square Footage 2,259 sqft

Price per Sqft $387

Subdivision Mahogany

MLS Listing ID A2333280

Style 2 Storey

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Fees $603/ann

HOA Y/N Yes

Year Built 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Detached

Property Description

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.

Location

Province AB

County 0046

Community Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(S), Walking/Bike Paths

Area Cal Zone Se

Zoning R-G

Direction SE

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Full, Finished

Guest Accommodations Basement

Interior

Interior Features Ceiling Fan(s), Closet Organizers, Double Vanity, High Ceilings, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Storage, Walk-In Closet(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Ceramic Tile, Vinyl Plank

Fireplaces Number 1

Fireplaces Type Electric, Living Room

Fireplace Yes

Appliance Central Air Conditioner, Dishwasher, Double Oven, Garage Control(s), Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings

Laundry Laundry Room, Upper Level

Exterior

Exterior Feature Private Yard

Parking Features Double Garage Attached

Garage Spaces 2.0

Fence Fenced

Community Features Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths

Amenities Available Beach Access, Clubhouse

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 4

Garage Yes

Building

Lot Description Back Yard, Landscaped, Rectangular Lot

Dwelling Type House

Faces N

Story Two

Foundation Poured Concrete

Builder Name Jayman Homes

Architectural Style 2 Storey

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories Two

New Construction No

Others

Restrictions Utility Right Of Way

Virtual Tour https://unbranded.youriguide.com/338_magnolia_way_se_calgary_ab/

Listed by eXp Realty
LOCATION AND OTHER NEARBY PROPERTIES

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338 Magnolia WAY SE

REVIEWS

Shuvolaxmi Dutta

Highly recommend! An absolute pleasure to work with. We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision. He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way. What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind. Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation! Thank you again Viren!

Stallone Dias

We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish. Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind. His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property. I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.

Michael Rand

I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Viren Vijayashankar

Viren Vijayashankar

Agent | CON-00135400

+1(587) 742-8877

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