338 Magnolia Way SE is a 2024 Jayman Built Detached Two Storey home in Mahogany, offering a rare blend of modern design, upgraded finishes, advanced home systems, and built-in income potential. Featuring the Karma floorplan with 2259 SQFT above grade, this property is thoughtfully equipped for comfort, efficiency, and long-term value.

Set on a 3379 SF|313.92 SM lot, the home includes a fully finished legal basement suite that is already tenanted through March 2027. With 6 bedrooms, 3+1 bathrooms, a Double Attached garage, and a low-maintenance landscaped backyard, this Mahogany property offers a highly functional layout in one of Calgary’s lake communities.

Main Floor Design and Kitchen

The main floor is bright, open, and designed for everyday living. Durable luxury vinyl plank flooring runs throughout the level, creating a clean and cohesive feel. The great room is centred around an upgraded electric fireplace, adding warmth and definition to the main living space.

The kitchen combines polished style with practical details. Upgraded countertops on both the island and perimeter, premium KitchenAid appliances, under-cabinet lighting, a garburator, and a dedicated reverse osmosis system all contribute to a kitchen that is well suited for cooking, gathering, and daily routines.

Upper Level Comfort

Upstairs, the primary retreat offers a spa-inspired ensuite with a soaker tub and upgraded shower. The layout also includes two additional bedrooms, a full bathroom, upper laundry, and a bonus room.

This upper level provides flexibility for sleeping space, guests, work-from-home needs, or a comfortable secondary living area, all while keeping laundry conveniently close to the bedrooms.

Legal Basement Suite

The fully finished legal basement suite adds significant value and flexibility. Designed with a level of finish that reflects the quality of the main home, the suite includes its own kitchen, living space, two bedrooms, and separate laundry.

With a tenant already in place through March 2027, the suite provides established income potential from the start while maintaining a thoughtful separation of living spaces.

Property Highlights

• 2024 Jayman Built Detached Two Storey home in Mahogany
• Karma floorplan with 2259 SQFT above grade
• 6 bedrooms and 3+1 bathrooms
• Fully finished legal basement suite tenanted through March 2027
• Double Attached garage
• 3379 SF|313.92 SM lot
• 10 solar panels and Gemstone exterior lighting
• Fully landscaped backyard with brick patio, privacy trees, gravel accents, and custom fence
• Central A/C, HRV system with UV and MERV 11 filtration, smart water shut-off, and whole-home surge protector

Upgrades, Technology, and Outdoor Living

This home includes a strong list of interior upgrades, including a commercial-grade Huebsch washer, Hunter Douglas blinds, upgraded interior doors, LED lighting, and enhanced carpet underlay. These details add to the overall sense of quality and everyday comfort.

Technology and infrastructure have also been carefully considered. The home is fully hardwired with Ethernet and includes Ubiquiti Wi-Fi access points, a full security system with cameras, monitored alarm, and smoke detection. A water softener, central A/C, smart water shut-off, whole-home surge protector, and HRV system with UV and MERV 11 filtration further support comfort, efficiency, and peace of mind.

Outside, the fully landscaped backyard is designed for low-maintenance enjoyment with a brick patio, privacy trees, gravel accents, and a custom fence with lattice detailing. The 10 solar panels help offset utility costs, while Gemstone exterior lighting adds curb appeal and practical exterior illumination.

With its legal suite, modern upgrades, energy-conscious features, and carefully planned systems, 338 Magnolia Way SE offers a well-rounded Mahogany home with lasting appeal. Contact Popowich & Company to learn more or arrange a private showing.