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Verified Mahogany Community Review
Updated June 30, 09:33am
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June 2026 Mahogany (Calgary) Housing Market Overview Mahogany is a premier, award-winning master-planned lake community in southeast Calgary, centered around the city's largest private freshwater lake . The June 2026 market data shows a high-value, active market with a strong emphasis on family-oriented homes and resort-style living. Prices are stable, though the market is currently navigating a period of increased inventory and softening demand relative to recent years. Key Market Metrics (June 2026) Multiple sources provide a comprehensive snapshot of the Mahogany market in June 2026. Please note that data can vary due to the specific date of reporting and the inclusion of different housing types in the calculations. Metric Value Average List/Sold Price $708,936 – $753,301 Median List Price $648,800 Price Range $229,900 – $2,995,000 Active Listings 143 – 161 Recent Sales (30 days) 53 Average Days on Market 33 – 79 days The average home price in Mahogany has shown some fluctuation. One key report indicates an average sold price of $753,301**, a **0.5% yearly increase** . Another source reports the average active listing price as **$708,936 , while a third cites recent sales averaging $795,012 . This variation highlights the diversity of the market, from luxury lakefront estates to more modest townhomes. Inventory and Sales Activity The Mahogany real estate market is characterized by significant activity, but the data suggests a shift in the balance between supply and demand. New Listings vs. Sales: Over a 56-day period ending in early June 2026, there were 292 new listings compared to 69 homes sold, indicating a notable increase in available inventory . A broader view shows 53 homes were sold in the 30 days ending June 15 . Year-over-Year Changes: Compared to the same period in 2025, new listings have increased by 30%, while the number of homes sold has decreased by 49% . This has led to a significant 195% increase in active inventory , giving buyers more options. Time on Market: The data on days on market is variable. While one source cites a median of 33 days and an average of 52 days , another report indicates homes are spending an average of 79 days on the market . The trend suggests that homes are taking longer to sell than they were in the previous year . Detailed Market Activity by Property Type The Mahogany market shows different dynamics across property segments, with a significant portion of the community being detached homes (approximately 70%) . Single-Family Homes (Detached): This segment remains a core part of the Mahogany market. Data for the 3- and 4-bedroom segments shows a mixed picture, with sale-to-list price ratios averaging around 98-99%, indicating prices are holding up well . Townhomes: The townhome market is seeing significant growth in active inventory, up 127% year-over-year . This suggests a shift toward a more balanced market for this property type. Condos/Apartments: This segment has experienced a substantial 4500% increase in inventory year-over-year . While the starting point for this metric was likely very low, the massive increase points to a significant rise in the number of condos available, providing ample choice for buyers . Market Positioning and Lifestyle Mahogany offers a distinct lifestyle that commands a price premium over nearby communities . Lake Community Premium: Mahogany is known for its 63-acre lake, two private beaches, and the 21,000 sq. ft. Mahogany Beach Club, contributing to a "resort" lifestyle . This lake access is a key driver of property values. Community Zones: The community features distinct areas, including the "Resort" zone (Westman Village) with high-end amenities for downsizers and professionals, and the "Estate" & Family zones with larger lots and access to the 74-acre natural wetland area . Housing Diversity: The housing mix includes a wide range of options, from single-family detached homes to luxury condos and townhomes, attracting a diverse demographic of families, young professionals, and retirees . Outlook The June 2026 data suggests the Mahogany housing market is in a period of transition and rebalancing. Key takeaways for buyers and sellers: For Buyers: The significant increase in inventory, particularly in the townhome and condo segments, presents more choice and potentially more negotiating power than in recent years . The market is no longer an extreme seller's market, though well-priced detached homes continue to sell well. For Sellers: While the market remains strong, sellers should be prepared for homes to take longer to sell and may need to ensure their property is competitively priced to achieve a desired sale price. The sale-to-list price ratios remain high, suggesting prices have not significantly dropped, but the market is cooling from the frenzied pace of previous years . Mahogany's reputation as one of Calgary's premier communities and its unique lake lifestyle will continue to underpin its long-term desirability and value

Mahogany Community Overview

Explore everything you need to know about Mahogany, an award-winning master-planned lake community in southeast Calgary known for its resort-style living. Click any question below to expand the answer.

What is Mahogany and where is it located?

Mahogany is an award-winning master-planned lake community in southeast Calgary, Alberta, developed by Hopewell Residential and established in 2007. Located east of 52 Street SE and south of Stoney Trail, Mahogany has grown into one of Calgary's fastest-growing and most awarded communities, recognized multiple times as "Community of the Year." The neighbourhood spans over 1,200 acres of planned development and is known for offering a resort-style lifestyle centered around Calgary's largest freshwater lake.

Why should I choose to live in Mahogany?

Mahogany offers a truly unique resort-style living experience within Calgary city limits. With Calgary's largest private freshwater lake, two sandy beaches, the 21,000 sq ft Mahogany Beach Club, over 265 acres of parks and open spaces, 22 kilometers of pathways, 74 acres of naturalized wetlands, and a vibrant, walkable Urban Village featuring excellent shopping and dining options, Mahogany provides an exceptional quality of life for families, professionals, and outdoor enthusiasts alike. The community has earned multiple "Community of the Year" awards thanks to its thoughtful design and strong sense of community.

What is the neighbourhood character of Mahogany?

Mahogany is designed with connection, recreation, and nature in mind. The community features over 265 acres of open space, 22 kilometers of interwoven pathways, 74 acres of naturalized wetlands with boardwalks and wildlife viewing, and a 63-acre freshwater lake at its heart.

Key Green Spaces: Mahogany Lake (63-acre freshwater lake), Mahogany Wetlands (74 acres of naturalized wetlands with interpretive trails), Mahogany Central Park (community park with playgrounds and picnic areas), two private sandy beaches, and community gardens managed by the HOA.

What schools are available in Mahogany?

Mahogany has several excellent schools within or very close to the community.

  • Mahogany School (K-4): Calgary Board of Education school located within the community.
  • Divine Mercy School (K-6): Calgary Catholic School District school located in Mahogany.
  • Ron Southern School (5-9): CBE school in nearby Auburn Bay.
  • St. Teresa of Calcutta School (K-9): Catholic school in nearby McKenzie Towne.
  • Joane Cardinal-Schubert High School (10-12): Located in nearby Seton.
  • Future school sites are planned within Mahogany as the community continues to grow.
What are the transportation options in Mahogany?

Mahogany is served by Calgary Transit with future expansion planned.

  • Road Access: Located near Stoney Trail (Highway 201) and Deerfoot Trail (Highway 2) for easy vehicle access.
  • Bus Routes: Routes 14, 406, and 468 serve the community.
  • Nearest LRT Station: Somerset-Bridlewood Station (Red Line), approximately 8-10 km west.
  • Future Green Line LRT: Planned to service the southeast quadrant, with potential stations in the Seton area.
  • Commute to Downtown: Approximately 35-45 minutes by car during peak hours; 50-60 minutes by transit.
How does Mahogany compare to other lake communities in Calgary?

Mahogany is the largest lake community in Calgary and one of the most awarded master-planned communities in Canada.

  • vs. Auburn Bay: Both are lake communities in southeast Calgary. Mahogany features a 63-acre lake (Calgary's largest) compared to Auburn Bay's 43-acre lake. Both have beach clubs, but Mahogany's Beach Club is 21,000 sq ft.
  • vs. McKenzie Lake: McKenzie Lake is an established lake community with a private lake. Mahogany offers newer construction, larger lake, and a more vibrant Urban Village with shopping and dining.
  • vs. Lake Bonavista: Lake Bonavista was Calgary's first lake community (established 1960s). Mahogany offers newer homes, modern amenities, and a larger recreational lake.
  • vs. Cranston: Cranston is a river community with Fish Creek Park access. Mahogany offers lakefront living with private beach access.
What amenities does the Mahogany Beach Club and Lake offer?

The crown jewel of Mahogany is its 63-acre freshwater lake — Calgary's largest private lake. Residents enjoy exclusive year-round access to:

  • Two private sandy beaches with designated swimming areas and beach volleyball courts.
  • The 21,000 sq ft Mahogany Beach Club featuring a splash park, gymnasium and fitness centre, event space and banquet hall, change rooms and shower facilities, outdoor patios and BBQ stations.
  • Fishing dock and marina access (lake is stocked with rainbow trout).
  • Paddleboarding, kayaking, and canoeing in summer.
  • Ice skating and community hockey in winter.
  • 22 kilometers of scenic pathways through wetlands.
  • Community fire pits for evening gatherings.
  • Community-organized events including the annual Grand South Christmas Market with 75+ vendors.
What is Westman Village in Mahogany?

Westman Village / Mahogany Urban Village is a vibrant, walkable retail district in the heart of Mahogany. Features include:

  • Sobeys: Full-service grocery store with pharmacy, deli, and bakery.
  • Diner Deluxe: Popular brunch spot.
  • Analog Coffee: Premium local coffee shop.
  • Chairman's Steakhouse: Upscale steakhouse.
  • Banquet: Contemporary Canadian restaurant.
  • Bro'kin Yolk, Pie Junkie, Pinnovate: Additional dining and entertainment options.
  • Rexall pharmacy, GoodLife Fitness, dental clinics, and professional services.
What shopping and amenities are available near Mahogany?

Mahogany offers a vibrant commercial hub with walkable shopping and dining.

Within Mahogany: Westman Village offers Sobeys, restaurants, coffee shops, pharmacy, gym, and professional services.

Nearby Shopping: Cineplex Seton (VIP cinema), Seton Urban District (Walmart Supercentre, Home Depot, Canadian Tire, Best Buy, Marshalls, Winners, dozens of restaurants), and South Health Campus across the street.

Nearby Recreation: Brookfield Residential YMCA at Seton (world's largest YMCA with pool, surf simulator, ice rinks, and library), Fish Creek Provincial Park, and Carburn Park.

What are the Mahogany Wetlands?

The Mahogany Wetlands are a 74-acre naturalized wetland system within the community featuring interpretive signage, boardwalks, and wildlife viewing platforms. The wetlands are home to ducks, geese, songbirds, and other wildlife, making them a popular spot for birdwatching and nature photography. The area is integrated with the community's 22 km pathway system, providing a scenic route for walking and cycling.

Is Mahogany dog-friendly?

Yes, Mahogany is a very dog-friendly community. The community features 22 kilometers of pathways, a 74-acre wetland with walking trails, Mahogany Central Park, and off-leash dog parks within the surrounding area. Many residents enjoy walking their dogs along the lake pathways and through the natural wetlands. The community is rated 4.7/5 by residents and described as pet-friendly and great for families.

Does Mahogany have HOA fees and what do they cover?

Yes, the Mahogany Homeowners Association manages the community's amenities. Mandatory annual fees apply to all residents and cover:

  • Lake access (year-round recreation including swimming, boating, fishing, skating).
  • Beach club membership (access to the 21,000 sq ft facility, splash park, fitness centre, event space).
  • Amenity maintenance (beaches, pathways, parks, wetlands, landscaping).
  • Pathway snow clearing in winter.
  • Community events (summer concerts, movies at the beach, Grand South Christmas Market).

Fees are typically paid monthly or annually. Lake access is restricted to residents who are current on HOA fees.

Is Mahogany safe?

Yes, Mahogany is considered a very safe community with a safety rating of 5 out of 5 based on verified resident reviews. Residents describe Mahogany as family-friendly, safe, quiet, well-maintained, and having a strong sense of community. The community was designed with Crime Prevention Through Environmental Design principles including good sightlines, well-lit streets, and active frontages that promote natural surveillance.

What is the demographic profile of Mahogany?

Mahogany has a mix of young families, professionals, and retirees with a diverse and welcoming atmosphere.

  • Community Rating: 4.7/5 from verified resident reviews.
  • Family-Friendly Rating: 5/5, School Rating: 5/5.
  • Housing Types: Single-family detached homes (laned and front-garage), townhomes, condominium apartments, and luxury lakefront estates.
  • Home Builders: Hopewell Residential, Brookfield Residential, Cedarglen Homes, Morrison Homes, and others.
  • Planned Population: Approximately 25,000 residents at full build-out.
  • Construction Period: Launched 2007; ongoing development continues.

For up-to-date listings and open house schedules, please refer to local real estate platforms or contact an area agent.

New Mahogany Community Overview Review June 30, 09:33am
Average Rating: 4.7/5
Total Reviews: 549 Reviews
Safety Rating: 5/5
School Rating: 5/5

Mahogany Ratings
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Safety: 5/5 - Active neighborhood watch, low crime rates

Schools: 5/5 - Highly-rated public and separate schools

Housing Market: 5/5 - Diverse options from entry-level to luxury

Commute: 5/5 - 25-35 min to downtown, multiple transit options

Family-Friendly: 5/5 - Parks, playgrounds, community events

Amenities: 5/5 - Shopping, dining, recreation facilities

Diversity: 5/5 - Mix of families, professionals, retirees

Jobs: 5/5 - Local employment centers nearby

Mahogany Pre-Construction Homes

Mahogany pre-construction homes coming soon, developments such as condo, townhomes and detached homes available or coming soon in Mahogany Calgary, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.

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