Located in the highly sought-after community of Mahogany, welcome to 40 Masters Common SE — where lakeside living meets modern luxury in one of Calgary’s premier lake communities.
This turnkey front-drive home offers 3 bedrooms, 2.5 bathrooms, and over 2,400 sq. ft. of thoughtfully designed living space, with immediate possession available so you can settle in before summer and start enjoying the lake lifestyle right away.
The main floor features a bright and open-concept layout filled with natural light, designer finishes, and exceptional functionality. Enjoy both a spacious living room and family room, perfect for entertaining or everyday living. The chef-inspired kitchen is beautifully appointed with stainless steel appliances, quartz countertops, and ample cabinetry, creating the ideal space for hosting family and friends.
Upstairs, you’ll find a massive bonus room, a convenient upper-floor laundry room, and a stunning primary retreat complete with a spa-inspired ensuite. Two additional generously sized bedrooms and a bright shared bathroom with a large window complete the upper level. Every inch of this home has been carefully designed with comfort, style, and practicality in mind.
Step outside and discover why Mahogany is one of Calgary’s most desirable communities, offering private lake access, beaches, scenic pathways, parks, schools, restaurants, and an unmatched family-friendly atmosphere. Conveniently located near Stoney Trail and Deerfoot Trail, you’re just minutes from shopping, dining, schools, and easy access throughout the city.
Homes like this rarely stay available for long.
Lakeside living. Front-drive convenience. Immediate possession.
Welcome home.
Data was last updated May 30, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
189
Avg list price:
$648,800
Min list price:
$237,500
Max list price:
$3,100,000
Avg days on market:
36
Min days on market:
1
Max days on market:
306
Avg price per sq.ft.:
$413.11
These statistics are generated based on the current listing's property type
and located in
Mahogany. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.