Mahogany homes for sale, read honestly.
Mahogany is the benchmark for lake living in Calgary. Kenton has worked the SE lakes since 2006, so what follows is the real picture, not the brochure.
Mahogany is Calgary's largest lake community, in the city's southeast. It centres on a 63-acre freshwater lake with a year-round beach club, and offers everything from condos to lake estates. It suits buyers who want genuine lake access and an active, amenity-rich lifestyle.
At a glance
Market snapshot
As of June 2026, the average sold price in Mahogany was $698K across 450 sales over the last 12 months, with homes averaging 51 days on market. Source: Pillar 9 MLS.
Mahogany market snapshot
See how Mahogany stacks up against all nine lake communities in the Calgary lake market report.
Homes for sale in Mahogany
171 active listings in Mahogany. A sample of what's on the market:






Live data from Pillar 9 MLS®. Kenton can send the full current list and book showings, no portal sign-up, no spam.
Browse Mahogany homes by price
Kenton's honest take
Mahogany is not the cheapest place to buy in the SE, and it should not be. You are paying for the lake, the beach, and a lifestyle that genuinely gets used, not just marketed.
Where I tell people to slow down: if a big yard and a quiet street matter more to you than a beach club, communities a few minutes away give you more house for the money. Buy Mahogany for the lake, not in spite of the premium.
What living here is actually like
Kenton's lived-in rating for each, out of 10.
What stands out
- Calgary's largest freshwater lake, at 63 acres, with a year-round beach club included with ownership
- Homes ranging from condos to lakefront estates
- A central urban village with shops, services, and dining within the community
- An extensive wetland and pathway network alongside the lake
What's nearby
Restaurants & dining
- Cheongdam Korean Kitchen★ 4.8Korean restaurant
- Chairman's Steakhouse★ 4.5Steakhouse
- Toscana Italian Grill★ 4.4Italian restaurant
- The Canadian Brewhouse★ 4.3Sports bar & grill
- State & Main★ 4.2Restaurant & bar
Parks & green space
- Mahogany Orange Park★ 4.8City park
- Mahogany Central Green Playground★ 4.8Playground
- Mahogany Teal Park★ 4.7Playground
- Mahogany Park★ 4.6Park
- Rock Park★ 4.5Park
Schools
- Mahogany SchoolCalgary Board of Education
- Divine Mercy Catholic ElementaryCalgary Catholic
- Prince of Peace SchoolCalgary Catholic
Shopping & amenities
- Mahogany Village Market★ 4.4Shopping centre
- Mahogany Village Commons★ 4.5Shops & services
Local places via Google Places. Ratings can change over time.
What can you afford in Mahogany?
Kenton is a licensed mortgage broker, so this is a real estimate, not a guess. Enter a few numbers and see your ballpark. Nothing is sent or saved.
An estimate for planning only, not a mortgage pre-approval or a rate quote. Rates and lending rules change, and your actual approval depends on a full application. Kenton can originate this mortgage for you.
Common questions
Is the Mahogany lake access included with every home?
Yes. Every Mahogany homeowner gets lake and beach club access through the residents association, included with ownership.
What does it cost to live in Mahogany?
Beyond the purchase price, budget for the annual residents association fee that funds the lake and beach club. Condo and some attached homes carry separate condo fees on top.
Is Mahogany a good resale community?
Historically strong. The lake amenity keeps demand steady through softer markets, which is exactly what you want underneath a long-term hold.
Other lake communities
Compare all nine lake communities or browse every lake home for sale.
Thinking about Mahogany?
One straight conversation, no pressure. Kenton will tell you what the numbers say.
Call (587) 317-1793