5 Masters Street Se, Calgary
Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities. This beautifully designed two-story residence offers ample space, abundant natural light, and a harmonious blend of modern living and traditional charm.Situated on a corner lot, this home boasts an open-concept layout on the main floor, ideal for contemporary living and entertaining. The spacious living and dining area is complemented by an electric fireplace, while the well-appointed kitchen features a pantry and ample counter space. A rare main-floor bedroom and full bathroom provide flexibility for guests, accommodating multi-generational living or a private home office.Ascending to the upper level, you will discover three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and a luxurious four-piece ensuite bathroom. The upper level also offers two additional bedrooms, a full bathroom, convenient laundry facilities, and an open flex/den area, perfect for a study space or playroom.The unfinished basement holds great potential for future customization, allowing you to design it according to your unique preferences. It also offers a deck and two cars parking at the back and the option for future garage development.Residing in Mahogany Lake means embracing one of Calgary’s most sought-after lake communities, centered around the city’s largest freshwater lake, Mahogany Lake, spanning approximately 64 acres. Residents enjoy year-round recreational opportunities, including swimming, paddle sports, fishing, beach volleyball, skating rinks, and scenic walking and cycling paths.The community hub, Mahogany Beach Club, offers a splash park, picnic and barbecue areas, natural gas fire pits, a fishing dock, and a spacious 21,000 sq ft clubhouse. Nearby, Mahogany Wetlands provide 74 acres of preserved natural habitat and access to over 22 km of walking, jogging, and cycling trails.Conveniently located just minutes from South Health Campus, this home is complemented by excellent nearby schools, including Divine Mercy School and Mahogany School. It delivers the perfect combination of space, lifestyle, and investment potential within one of Calgary’s premier lake communities. (id:1945)
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Property details for 5 Masters Street Se, Calgary
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,796 square feet
- Lot Size
- 359.00
- Stories
- 2
- Basement
- Unfinished, Full
- Parking
- Other
- Heating
- Forced air
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $4,545 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 5 Masters Street Se
Active Listings
24
Min Price
$450,800
Max Price
$919,500
Avg Price
$684,611
Days on Market
62
days
Sold Listings
8
Min Sold Price
$575,000
Max Sold Price
$899,000
Avg Sold Price
$742,525
Days until Sold
63
days
Neighbourhood Census Data
Calgary, Alberta
Population
22,077
Median Age
31.3
Median Income
$61,868
Dwelling Value
$536,183
Housing Tenure
Owners 86%
Renters 14%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3
Pop. Density: 854.5/km²
Avg Shelter Cost: $2,333/mo
Owners with Mortgage: 93.7%
Owners Spending 30%+: 17.1%
Tenants Spending 30%+: 36.9%
English only: 91.6%
French only: 0.1%
English and French: 7.3%
Neither: 1%
Median Household Income: $135,500
Median Employment Income: $61,322
Price History
Listed
September 20, 2026
by REMAX Innovations
Current Price
$590,000
-2.2% from last change
Type
Residential
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $590,000 | $13,000 (-2.2%) |
| Sep 20, 2026 | $603,000 | $10,000 (-1.6%) |
| Jul 28, 2026 | $613,000 | $10,000 (-1.6%) |
| Jun 4, 2026 | $623,000 | Listed |
