Luxury Mahogany Homes for Sale in Calgary

Welcome to Mahogany—Calgary’s premier lakefront address for upscale living and timeless style. In this award-winning southeast community, luxury isn't just a feature—it's a way of life. Picture a grand walkout estate backing directly onto the water, your private dock waiting for summer mornings and sunset paddles. Or a custom-crafted home on Mahogany Island, surrounded by calm, curated beauty and architectural excellence.

Developed by Hopewell Residential and shaped by Calgary’s top builders, Mahogany’s luxury homes offer the rare blend of resort-inspired amenities, waterfront serenity, and urban accessibility. From the exclusive lake access and private beach club to the estate-only pockets like Mahogany Island and The Reserve, every detail is designed for those who demand more from their home—and their lifestyle.

If you’re looking for prestige, privacy, and connection to nature—all in one incredible location—Mahogany delivers.


Mahogany Luxury Real Estate Statistics

Average Price $2.7M
Lowest Price $1.5M
Highest Price $15M
Total Listings 630
Avg. Days On Market 93
Avg. Price/SQFT $907

Property Types (active listings)

Explore Luxury Mahogany Homes Over $1.5M


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Why Luxury Buyers Choose Mahogany

  • Calgary’s premier lake community with two private beaches and 74 acres of waterfront
  • Gated and semi-private luxury enclaves with stunning custom homes backing the lake
  • Architectural excellence from Calgary’s top builders with options for estate-size lots, triple garages, and waterfront walkouts
  • Elevated lifestyle amenities including the Mahogany Beach Club, lake house rentals, and year-round lake access
  • Close to South Health Campus, Seton Urban District, and top-rated schools—everything today’s luxury buyers demand

Your Mahogany Luxury Real Estate Experts

Luxury in Mahogany is more than a home—it’s a way of life. Whether you're seeking a lakefront showpiece, an estate villa, or a custom walkout with sunset views, the Marnie Campbell Real Estate Team brings you expert guidance, insider access, and proven results in Calgary’s most prestigious southeast community.

Find a Realtor in Calgary to buy a home. Contact Marnie Real Estate Team.

The Marnie Campbell Real Estate Team can help you make better real estate decisions, so you have no regrets buying a home.

What It’s Like to Own a Luxury Home in Mahogany

Life in Mahogany is sophisticated, serene, and stunningly beautiful. Imagine sipping your morning coffee as the sun rises over the lake, entertaining on your rooftop patio, or stepping from your private dock into a kayak. From designer interiors to outdoor living spaces, Mahogany offers the best of modern luxury with a resort-style feel.

The Lakefront Prestige of Mahogany

Mahogany’s estate homes are built for the discerning buyer. Gated lakefront lots, semi-private docks, triple and quad garages, and high-end materials come standard. These homes deliver stunning views, curated landscaping, and seamless indoor-outdoor living.

  • Lakefront and Lakeside Homes – Custom estates with private docks, outdoor kitchens, home gyms, and wine cellars
  • Mahogany Island & The Reserve – Gated and exclusive sub-communities with million-dollar architecture and prestigious curb appeal
  • Walkout Estate Villas – Luxury bungalows and two-storey homes with premium finishings and low-maintenance elegance
  • Luxury Mahogany Price Range – Custom lakefront homes typically range from $1.5M to $3.5M+, with non-lake luxury estates starting from the mid $900,000s

Exclusive Amenities for Mahogany Estate Owners

  • Mahogany Beach Club – Private facility with gym, indoor courts, paddleboards, canoes, firepits, and BBQ areas
  • Seton Urban District – Fine dining, boutiques, VIP cinema, and health services just minutes away
  • South Health Campus – One of Calgary’s top healthcare facilities within a 5-minute drive
  • Quick access to Deerfoot, Stoney Trail, and future Green Line LRT for luxury convenience

Schools & Education for Luxury Buyers

Mahogany is ideal for families who value top-tier education close to home.

Nature, Lake Life & Recreation

Mahogany was designed to deliver the ultimate outdoor lifestyle for luxury homeowners.

  • 74-acre lake and 22,000 sq. ft. Beach Club – Calgary’s largest private lake system
  • 84 acres of wetlands and 22 km of pathways – Scenic, walkable, and family-friendly
  • Mahogany Island – Premier enclave of ultra-luxury lakefront homes with unmatched privacy

Looking for lakefront elegance and timeless style? Let’s find your luxury home in Mahogany.

Schedule your no-pressure luxury consultation today.

Mahogany Liveability Score: Commute, Walkability, Schools & More

Liveability ratings for Mahogany, Calgary based on commute, school access, walkability, and community lifestyle.
Category Score Why It Matters
Commute to Downtown 6.8/10 Roughly 35–45 minutes during rush hour, but quick access to Stoney Trail and Deerfoot makes it manageable.
School Access 8.2/10 Mahogany School (K–4) is right in the community, plus nearby Catholic and high school options in Seton.
Walkability & Amenities 8.5/10 From coffee to groceries to gyms, Mahogany Village Market puts daily conveniences close to home.
Green Space & Nature 9.1/10 The 63-acre lake, wetlands, and 22 km of pathways make it one of Calgary’s most outdoor-friendly communities.
Community Vibe 9.0/10 Events, clubs, and welcoming neighbours give Mahogany its vibrant, connected feel.
Resale Stability 8.8/10 Strong buyer demand and lakefront desirability have supported steady price growth over time.

Overall Mahogany Liveability Score: 8.6/10

Mahogany shines for lifestyle, lake access, and long-term value, even if the downtown commute is a bit longer.

*Liveability scores are based on publicly available information and our local market expertise. They are intended for general informational purposes only and should not be considered a substitute for independent research or professional advice.

Is Mahogany the Right Luxury Community for You?

Pros of Choosing Mahogany Luxury Homes

  • Private Lake Living – Mahogany is Calgary’s premier lake community, with select luxury homes offering private docks, beach access, and stunning waterfront views.
  • Architecturally Distinct Estates – From contemporary craftsman to modern prairie, Mahogany’s estate homes feature high-end finishes, oversized triple garages, and curated landscaping.
  • Resort-Style Amenities – Enjoy exclusive access to the Mahogany Beach Club, two private beaches, paddleboarding, skating, and over 22 km of scenic pathways.
  • Quiet Prestige Meets Vibrant Community – Luxury enclaves like Mahogany Island and the lakefront provide tranquility, while still being connected to shops, cafés, and community events.
  • Close to Premium Services – Minutes to South Health Campus, top private schools, and Seton’s growing urban district with fine dining, wellness studios, and professional offices.

Things to Consider About Mahogany Luxury Homes

  • Lakefront Pricing Reflects Exclusivity – Lake homes and estates typically start at $1.5M and up; premium locations on the island or waterfront command even more.
  • HOA Fees Apply – Mahogany’s amenities come with annual homeowner association dues, which help maintain the beach club and community spaces.
  • Further from Downtown – Located in Calgary’s deep southeast, commute times to the downtown core can range from 30 to 45 minutes, depending on traffic.
  • Limited Inventory – With only a small number of luxury lake homes available, competition can be high and resale opportunities limited.
  • New Construction Timeline – Some luxury lots remain undeveloped—if you're building custom, expect a longer timeline for completion and potential build delays.

Mahogany Luxury Real Estate FAQs

What’s the average price for luxury homes in Mahogany?

Luxury homes in Mahogany typically start around $1.25 million, with lakefront properties often exceeding $2.5 million. These exclusive residences command premium prices due to their architecture, finishings, and lakefront lifestyle.

Source: Pillar 9, CREB® Q1 2025 Market Report

What types of luxury homes are available in Mahogany?

Mahogany offers a refined selection of custom lakefront estates, executive walkouts, and high-end villas—some with private docks, wine cellars, home theatres, and 4+ car garages. Architectural controls ensure timeless curb appeal and cohesive design.

Can I buy a true lakefront estate in Mahogany?

Yes. Mahogany is Calgary’s only community with a limited number of true lakefront estates—featuring private docks, stunning water views, and direct beach access. These homes offer the ultimate in resort-style living and are rarely available.

What makes Mahogany appealing for luxury buyers?

It’s the lifestyle. From 4-season lake access to elite architecture and tranquil wetlands, Mahogany blends prestige with family-friendly ease. You’re minutes from fine dining in Seton, the South Health Campus, and quick access to Deerfoot and Stoney Trail.

Are there gated or estate-only areas in Mahogany?

Yes — the exclusive Mahogany Island is a true gated enclave. Entry is controlled behind a seven-foot masonry wall with gated access for vehicles and pedestrians. Residents use a key-card or mobile app to cross a private bridge onto the island, ensuring privacy and peace of mind.

Is Mahogany a good option for downsizing in style?

Absolutely. If you’re looking to right-size without compromising luxury, Mahogany features upscale bungalow villas and single-level estates with premium finishes, maintenance-free living, and views of the wetlands or lake.

What are the HOA fees for luxury properties?

Luxury properties in Mahogany pay an annual Homeowners' Association fee, which includes lake privileges, private beach access, event programming, and facility upkeep. It’s a small price for a truly elevated lifestyle.

What’s the luxury home market like in Mahogany?

The luxury segment is competitive and inventory is limited. In Q1 2025, homes over $1.5M averaged 24 days on market with strong absorption. Buyers are advised to be prepared—these homes often sell quickly.

Source: Pillar 9, CREB® Q1 2025 Report

Can I build a custom home in Mahogany?

Yes — if you secure a premium lot. Mahogany has a handful of custom home opportunities remaining, especially along the water or in estate pockets. We’ll connect you with top luxury builders to bring your dream to life.

How do I begin my luxury home search in Mahogany?

Let’s talk about your lifestyle goals. We’ll walk you through exclusive listings, off-market opportunities, and provide expert insight on resale value, lot orientation, and builder quality. Book your private buyer consultation here.

Relocating to Calgary and Interested in a Mahogany Luxury Home?

Mahogany is Calgary’s crown jewel for luxury lakefront real estate—a master-planned community where upscale living meets water, nature, and elegance. Whether you’re seeking a private estate on the inner lake, a walkout villa backing the wetlands, or a custom-crafted residence in the gated enclave of Mahogany Island, this community delivers an unmatched blend of prestige and lifestyle.

Looking for an elevated lifestyle in Calgary? Let the Marnie Campbell Real Estate Team help you find the waterfront estate, custom home, or luxury villa that fits your vision. Schedule a private consultation and discover what makes Mahogany Calgary’s most sought-after luxury lake community.

Marnie Campbell Calgary REALTOR®
About the Author: Marnie Campbell
Marnie is a trusted Calgary REALTOR® with 18+ years of experience, over 800 real estate transactions, and 150+ five-star reviews. She leads a team dedicated to helping clients make confident, no-regret real estate decisions.

Learn more about Marnie →
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MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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