LEGAL 2-BEDROOM BASEMENT SUITE WITH SEPARATE LAUNDRY | 6 BEDROOMS TOTAL | 4 BEDROOMS ABOVE GRADE | MAIN-FLOOR BEDROOM WITH 3-PIECE BATHROOM | SOARING OPEN-TO-ABOVE LIVING ROOM | 9-FOOT CEILINGS | BONUS ROOM | PRIME MAHOGANY LOCATIONWelcome to 332 Magnolia Crescent, a beautifully designed home in the award-winning lake community of Mahogany. Offering six bedrooms in total, including four above grade and a legal two-bedroom basement suite, this thoughtfully planned property provides exceptional flexibility for families, multi-generational living or rental income.The main floor impresses with 9-foot ceilings, wide-plank luxury vinyl flooring and a spectacular open-to-above living room centred around a gas fireplace. Expansive windows fill the space with natural light, creating a bright and inviting atmosphere for everyday living and entertaining.At the heart of the home, the kitchen features full-height cabinetry, quartz countertops, a tile backsplash, stainless steel appliances and a gas stove. A large walk-through pantry connects directly to the mudroom, making grocery unloading and daily organization effortless.A rare main-floor bedroom is complemented by a full 3-piece bathroom, offering a true fourth above-grade bedroom that is ideal for guests, extended family, a private office or anyone seeking main-level accessibility.Upstairs, a spacious bonus room provides a comfortable place to relax, while the conveniently located laundry room simplifies daily routines. The primary bedroom offers a private retreat with a walk-in closet and a luxurious 5-piece ensuite featuring dual vanities, a separate shower and a relaxing soaker tub. Both additional upper-level bedrooms also include their own walk-in closets.The legal basement suite has been thoughtfully finished with two bedrooms, a full bathroom, a comfortable living area and its own laundry. The U-shaped kitchen offers quartz countertops, stainless steel appliances and excellent cabinet and workspace, creat ing a complete and functional secondary living space.Located in the sought-after community of Mahogany, residents enjoy access to the lake, beaches, pathways, parks, playgrounds, schools, shopping, restaurants and year-round community amenities. This is an exceptional opportunity to own a spacious and versatile home in one of Calgary’s most desirable lake communities. (id:32467)

Ammenities Near By

• Ammenities Near By: Water Nearby

Building

• Amenities: Recreation Centre
• Appliances: Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Washer & Dryer
• Basement Development: Finished
• Basement Features: Separate entrance, Suite
• Basement Type: Full (Finished)
• Construction Style: Detached
• Cooling Type: None
• Fireplace: Yes
• Flooring Type: Carpeted, Tile, Vinyl Plank
• Interior Size: 2251 sqft
• Building Type: House
• Stories: 2

Features

• Feature: See remarks, No Animal Home, No Smoking Home

Land

• Land Size: 363 m2|0-4,050 sqft

Ownership

• Type: Freehold

Structure

• Structure: Deck

Zoning

• Description: R-G

Information entered by 2% Realty
Listing information last updated on: 2026-07-16 22:59:08