Active

$1,029,900

17 Masters Terrace SEMahogany, Calgary, AB T3M2C1

  • 5 beds
  • 4 baths
  • 2,494 sq ft
  • Detached

Listing courtesy of Diamond Realty & Associates Ltd · MLS® A2349718

About this home

BEAUTIFULLY UPGRADED, fully developed 5-bedroom, 4-bathroom home with over 3,300 sq. ft. of developed living space, ideally positioned on an oversized pie-shaped lot backing directly onto acres of green space in the award-winning lake community of Mahogany.

Designed for both style and family living, this contemporary home is loaded with upgrades inside and out. Step inside to soaring ceilings, wide-plank flooring and a bright, open-concept main floor. Just off the entrance is a private den/home office, while the spacious mudroom features built-in lockers and convenient garage access.

At the heart of the home is the stunning chef-inspired kitchen featuring extensive quartz countertops, a large centre island with eating bar, designer fixtures and KitchenAid appliances, including a gas cooktop and built-in wall oven. The kitchen flows seamlessly into the dining area and inviting living room with cantilevered fireplace and oversized windows overlooking the sunny south-facing backyard and green space beyond.

Outside, the oversized pie lot provides exceptional space to enjoy every season. The home was strategically positioned forward on the lot to maximize the backyard, creating an incredible outdoor setting complete with a huge 18’ x 20’ composite deck, poured concrete pathway running the length of the home, professionally installed hot tub pad and plenty of room for entertaining, playing or even a backyard skating rink.

Upstairs you’ll find four bedrooms and a spacious bonus room with vaulted ceilings. The secondary bedrooms and bathroom are thoughtfully separated from the primary retreat for added privacy. The primary suite connects to a luxurious ensuite featuring dual vanities, soaker tub, oversized tiled shower with built-in bench and private water closet. The large walk-in closet conveniently connects directly to the upstairs laundry room.

The fully developed basement with 9’ ceilings adds even more living space with a fifth bedroom, full bathroom, wet bar with mini-fridge, large family/media room with projector rough-ins, plus additional space for a home gym, playroom or games area.

Additional highlights include a three-zone media system, smart thermostat, video doorbell and security cameras, extra-tall garage door, and year-round Gemstone exterior lighting front and back.

Enjoy everything Mahogany has to offer, including lake and beach access (7 minute walk away), pathways, parks, playgrounds, schools, shopping, restaurants and year-round recreation. With its oversized lot, south-facing backyard, green-space setting, exceptional floor plan and extensive upgrades, this is a truly special family home in one of Calgary’s most desirable lake communities.

Key facts

Type
Detached
Style
2 Storey
Year built
2017
Living area
2,494 sq ft
Lot
5,586 sq ft
Bedrooms
5 (4 above grade, 1 below)
Bathrooms
3 full, 1 half
Basement
Full, Finished
Parking
2-car garage, 4 spaces total
Price per sq ft
$413
Days on market
8
Listed
October 2, 2026
Community
Mahogany
Municipality
Calgary

Features

Interior

Features
Bar, Closet Organizers, Kitchen Island, No Smoking Home, Recessed Lighting, Stone Counters, Vinyl Windows, Walk-In Closet(s), Wired for Data, Wired for Sound
Appliances
Bar Fridge, Built-In Gas Range, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Microwave, Oven-Built-In, Refrigerator, Washer, Window Coverings
Flooring
Carpet, Ceramic Tile, Vinyl
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Central Air
Fireplaces
1 (Gas)
Laundry
Laundry Room
Included
Hot Tub

Suite

Suite
No

Building

Structure
House
Levels
Two
Construction
Concrete, Stucco, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Exterior
Lighting, Private Yard
Lot
Back Yard, Backs on to Park/Green Space, No Neighbours Behind
Patio / porch
Deck
Fencing
Fenced
Front faces
N
Lot size
5,586 sq ft
Zoning
R-G

Parking

Garage spaces
2
Total parking
4
Details
Double Garage Attached

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Clubhouse, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Rooms

RoomLevelSize
Mud RoomMain11'10" x 5'9"
EntranceMain10'11" x 5'4"
PantryMain7'0" x 6'6"
KitchenMain12'10" x 12'4"
Living RoomMain13'8" x 12'11"
OfficeMain8'2" x 8'9"
2pc BathroomMain4'11" x 4'7"
Dining RoomMain15'7" x 11'11"
BedroomSecond12'4" x 9'5"
BedroomSecond12'3" x 9'3"
BedroomSecond11'9" x 10'7"
LaundrySecond9'3" x 5'9"
5pc Ensuite bathSecond11'9" x 12'5"
Bedroom - PrimarySecond12'10" x 13'8"
Bonus RoomSecond20'6" x 12'10"
4pc BathroomSecond7'0" x 8'3"
Walk-In ClosetSecond11'1" x 5'7"
4pc BathroomBasement8'5" x 4'11"
BedroomBasement10'8" x 10'6"
Family RoomBasement23'7" x 16'7"

Location

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Kylian's community guide

Mahogany

Calgary’s largest lake community, with beaches, wetlands and an urban village.

Schools, amenities, prices and my take on Mahogany →

Monthly cost estimate

Estimated monthly payment$4,834
  • Mortgage $4,834

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $77,990.

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Listing last updated: Oct 5, 2026, 3:30 p.m.