Dobey Realty

Mahogany neighbourhood in Calgary, Alberta

Mahogany Homes for Sale & Community Guide

Mahogany is built around Calgary’s largest lake. It’s a southeast community with a 64-acre lake, a 21-acre beach, plenty of pathways, and the South Health Campus a few minutes away.

$792,600

Detached Benchmark Price*

124

Homes for Sale Now

48

Median Days Listed

*CREB® detached benchmark price for Mahogany, as of October 2026. Homes for sale and days listed come from my live MLS® listings and update through the day.

Homes for Sale

Mahogany Homes for Sale

Every home currently for sale in Mahogany, pulled live from the MLS® System and updated throughout the day.

124Homes for sale
$662,500Median list price
$220k–$2.15MPrice range
48Median days listed
10New this week
New
436 Marquis Lane SE, Calgary
$400,000
436 Marquis Lane SE
3 bedrooms2 full and 1 half bathroom1,270 square feet
Townhouse · $319/mo fee
Listed by eXp Realty
New
1112, 135 Mahogany Parade SE, Calgary
$219,900
1112, 135 Mahogany Parade SE
1 bedroom1 bathroom549 square feet
Townhouse · $124/mo fee
Listed by Bode Platform Inc.
97 Marine Drive SE, Calgary
$489,900
97 Marine Drive SE
2 bedrooms2 full and 1 half bathroom1,263 square feet
Townhouse
Listed by TREC The Real Estate Company
179 Mahogany Gardens SE, Calgary
$524,895
179 Mahogany Gardens SE
2 bedrooms2 full and 1 half bathroom1,418 square feet
Townhouse · $263/mo fee
Listed by Jayman Realty Inc.
155 Mahogany Gardens SE, Calgary
$524,895
155 Mahogany Gardens SE
2 bedrooms2 full and 1 half bathroom1,418 square feet
Townhouse · $263/mo fee
Listed by Jayman Realty Inc.
133 Mahogany Gardens SE, Calgary
$579,900
133 Mahogany Gardens SE
3 bedrooms2 full and 1 half bathroom1,692 square feet
Townhouse · $318/mo fee
Listed by Jayman Realty Inc.
25 Marine Drive SE, Calgary
$524,500
25 Marine Drive SE
3 bedrooms2 full and 1 half bathroom1,336 square feet
Townhouse
Listed by Charles
906, 135 Mahogany Parade, Calgary
$423,500
906, 135 Mahogany Parade
2 bedrooms2 full and 1 half bathroom1,588 square feet
Townhouse · $243/mo fee
Listed by Bode Platform Inc.
51 Mercado Lane SE, Calgary
$486,500
51 Mercado Lane SE
3 bedrooms2 full and 1 half bathroom1,479 square feet
Townhouse · $187/mo fee
Listed by CIR Realty
812, 135 Mahognay Parade SE, Calgary
$237,250
812, 135 Mahognay Parade SE
1 bedroom1 bathroom549 square feet
Townhouse · $127/mo fee
Listed by Bode Platform Inc.
1201, 350 Mahogany Parade SE, Calgary
$459,900
1201, 350 Mahogany Parade SE
3 bedrooms2 full and 1 half bathroom1,572 square feet
Townhouse · $248/mo fee
Listed by Bode Platform Inc.
607 Mahogany Road SE, Calgary
$559,900
607 Mahogany Road SE
3 bedrooms2 full and 1 half bathroom1,665 square feet
Townhouse · $309/mo fee
Listed by Jayman Realty Inc.
View all 15 townhouses in Mahogany → Sorted newest first. Use the filters above to narrow by beds, baths or price.

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I’ll email you when a new home comes up for sale in Mahogany, usually the same day it’s listed.

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Life in Mahogany

The lake is 64 acres, with a 21-acre beach, a splash pad, a fishing dock and the 21,000-square-foot Beach Club. West Beach adds volleyball and basketball courts.

Beyond the water, there’s over 265 acres of open space, 30 parks and playgrounds, and a 22-kilometre pathway system through natural wetlands. Mahogany Urban Village has a Sobeys, a Shoppers Drug Mart and restaurants, and the South Health Campus is just minutes away.

Who Tends to Love It Here

Mahogany tends to suit families who want the biggest lake in Calgary and lots of pathways, and people who work at or near the South Health Campus.

Also in the South East district: Auburn Bay, Seton and Copperfield. Comparing family areas? Have a look at my guide to the best Calgary neighbourhoods for families.

Is Mahogany Right for You?

What People Love

  • Calgary’s largest lake, with a 21-acre beach, the Beach Club and West Beach
  • A 22-kilometre pathway system through wetlands, plus 30 parks and playgrounds
  • Groceries and errands at Mahogany Urban Village (Sobeys, Shoppers Drug Mart)
  • The South Health Campus a few minutes away

The Trade-offs

  • Lake access comes with a mandatory residents’ association fee
  • Most errands mean driving. The Walk Score is 29
  • No CTrain, and the commute downtown is longer than from the inner city

Who Lives in Mahogany

About 13,860 people lived in Mahogany at the 2021 Census. It has the highest share of kids of any community I cover: 29% of residents are under 15 (18% citywide), and only 7% are 65 or older (13% citywide).

The median household earned $142,000 before tax, against $98,000 for Calgary as a whole, and 21% of households spend 30% or more of their income on housing (23% citywide).

Source: City of Calgary Community Profiles, Mahogany (2021 Census of Canada).

Around the Neighbourhood

What’s in and around Mahogany

Schools, groceries, parks and other everyday places in Mahogany and just outside it. Tap a place to open it in Google Maps.

School catchments change every year, so confirm the designated school with the CBE or Calgary Catholic School District. Distances are straight-line from the edge of Mahogany.

Places from OpenStreetMap contributors; community boundary from Open Calgary.

Community Calendar

Upcoming Events in and near Mahogany

Community association and City of Calgary events coming up in Mahogany and close by. Updated daily.

See all Calgary community events · Running an event here? Send me the details and I’ll add it.

Mahogany Real Estate Market

The benchmark prices below are CREB®’s own community-level figures for Mahogany wherever CREB® publishes one; any home type without enough sales this month uses the South East district instead, and months of supply and the sales-to-new-listings ratio are district figures. These are CREB®’s published figures, not my estimates. If you want to know what homes on a particular street have actually sold for, ask me and I’ll pull the recent sales.

Source: CREB® October 2026 monthly stats package (Mahogany community benchmarks, plus South East district supply figures). These numbers update every month, so reach out if you want the latest or a custom Mahogany market report. You can compare it to Calgary’s other neighbourhoods in my community guide, or start browsing homes on the Buy page.

Metric (source, period)Figure
Detached benchmark price (CREB® Mahogany, October 2026)$792,600 (−4.41% year-to-date vs. last year)
Row/townhouse benchmark price (CREB® Mahogany, October 2026)$443,900 (−7.43% year-to-date vs. last year)
Semi-detached benchmark price (CREB® Mahogany, October 2026)$546,100 (−4.18% year-to-date vs. last year)
Apartment/condo benchmark price (CREB® Mahogany, October 2026)$301,300 (−9.51% year-to-date vs. last year)
Months of supply, detached (South East district, October 2026)3.16 months
Sales-to-new-listings ratio, detached (South East district, October 2026)57.01%

Mahogany market snapshot

From 124 homes for sale today
Median asking price$662K
Average asking price$717K
Median price per sq ft$402
Typical days on market48
New this week10
Price drops, last 30 days31
Home typeFor saleMedian pricePer sq ft
Houses52$815K$387
Condos37$369K$496
Semi-detached / duplex20$659K$412
Townhouses15$514K$343

Asking prices of homes listed for sale on the MLS® System, not sold prices. Updated Nov 9, 5:39 am. Want sold prices for this area? Ask me.

Frequently Asked Questions About Mahogany

Have a question that isn’t here? Ask me and I’ll get back to you, usually the same day.

CREB®’s detached benchmark price for Mahogany was $792,600 in October 2026 (−4.41% year-to-date vs. last year). Lakefront and near-lake homes sell for well above the rest of the community, so I’m happy to pull recent sales for the homes you’re looking at.

In October 2026, detached homes in the South East district had 3.16 months of supply and a 57.01% sales-to-new-listings ratio (CREB®). As a rough guide, under about 3 months of supply favours sellers, 3 to 4 months is balanced, and over about 4 months starts to favour buyers. Townhomes and condos can behave differently, so ask me for the numbers on the type of home you want.

You’ll find the closest schools, with distances, in the What’s Nearby section above. Designated schools can change from year to year, so check the address with the CBE or the Calgary Catholic School District before you buy.

Yes. Every homeowner belongs to the residents’ association, and the mandatory fee pays for the lake, the beach and the Beach Club. Ask me for the current fee on any home you’re looking at.

It has the highest share of kids of any community I cover (29% under 15), and the lake, parks and pathways were planned with families in mind.

There’s no CTrain, so most people drive. Stoney Trail and Deerfoot Trail get you across the city, but downtown takes longer than it would from an inner-city community.

Thinking About a Move to Mahogany?