Welcome to your dream home at 40 Masters Way, a stunning residence nestled in the heart of one of Calgary's most prestigious lake communities. This exquisite property offers a perfect blend of luxury, comfort and convenience, a mere 100 yards away from exclusive lake access and the Mahogany Lake Beach Club.. As you step inside this beautifully upgraded home, you'll find a spacious and inviting atmosphere with plenty of natural light. The home features six well-appointed bedrooms, four on the upper level and then an additional two bedrooms on the garden/walkout level of the home. The walkout level easily functions as its own contained unit, with separated bedrooms, loads of natural light and its own entrance into the backyard. A versatile bonus/media/recreation room, and four modern, luxuriously fixtured bathrooms, providing ample space for family and guests alike. The heart of the home is the gourmet kitchen, equipped with top-of-the-line appliances. The built in wall oven and microwave are new, as is the dishwasher and induction cooktop. The stainless steel French door fridge features a craft ice making feature, perfect for entertaining. The home has also been freshly painted through the primary areas, making this home genuinely move in ready. The homes masterful architecture and open-plan design flows effortlessly into the living and dining areas, creating an ideal environment for social gatherings, thoughtfully designed family spaces or peaceful evenings. Additional luxurious upgrades include a tankless hot water system, ensuring endless hot water on demand, and gemstone outdoor lights to enhance the home's curb appeal, provide a warm welcome and save you from tumbling off the roof during the holidays!! The newer hot tub (a $17,000.00 decision last year), invites you to relax and unwind in style, offering a private spa experience in the comfort of your own backyard. Step outside to discover a meticulously landscaped green space and a serene outdoor living space, ideal for summer barbecues and alfresco dining. The close proximity to the lake allows for easy access to a range of water activities, making it a perfect spot for nature lovers and outdoor enthusiasts. At 40 Masters Way, every detail has been carefully considered to offer an unparalleled and aspirational living experience in one of Calgary's most sought-after neighbourhoods. Don't miss the opportunity to own this magnificent lake community residence.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
2,400.3 sq. ft.223 m2
Main Level Finished Area:
1,061 sq. ft.98.6 m2
Upper Level Finished Area:
1,338.79 sq. ft.124 m2
Below Grade Finished Area:
967.4 sq. ft.89.9 m2
HOA Fee Frequency:
Annually
Acreage:
No
Lot Area:
4,014 sq. ft.373 m2
Lot Frontage:
35'11⅞"11 m
Front Exposure:
North
Unit Exposure:
North
Levels:
Two
Total Rooms Above Grade:
10
Year built:
2017
(Age: 8)
Bedrooms:
6
(Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Bathrooms:
4.0
(Full:3, Half:1)
Plan:
1810048
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
Builder:
Excel Homes
New Constr.:
No
Construction Material:
Composite Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Water Supply:
Public
Sewer:
Public Sewer
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Covered:
0
Parking Places:
4
Parking Total/Covered:
4 /
0
Laundry Features:
See Remarks, Upper Level
HOA Fee:
$582.00
Mahogany
None
Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Humidifier, Induction Cooktop, Microwave, Other, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener, Window Coverings, Wine Refrigerator
Hot tub, smaller bar fridge downstairs, downstairs microwave, downstairs dishwasher, garage storage fixtures, outdoor gazebo fixture
None Known
Floor
Type
Size
Other
Main Floor
Living Room
14'10"4.52 m × 12'10"3.91 m
Main Floor
Kitchen
13'8"4.17 m × 12'2"3.71 m
Main Floor
Dining Room
12'3"3.73 m × 12'2"3.71 m
Main Floor
Foyer
10'8"3.25 m × 8'1"2.46 m
Main Floor
Office
10'5"3.18 m × 10'5"3.18 m
2nd Floor
Family Room
14'2"4.32 m × 12'4"3.76 m
2nd Floor
Bedroom - Primary
13'3"4.04 m × 12'3"3.73 m
2nd Floor
Walk-In Closet
7'9"2.36 m × 6'2"1.88 m
2nd Floor
Bedroom
14'5"4.39 m × 9'7"2.92 m
2nd Floor
Bedroom
14'1"4.29 m × 9'11"3.02 m
2nd Floor
Bedroom
10'1"3.07 m × 9'10"3.00 m
2nd Floor
Laundry
7'6"2.29 m × 7'1"2.16 m
Lower Level
Game Room
15'4.57 m × 13'8"4.17 m
Lower Level
Kitchen
12'3.66 m × 6'10"2.08 m
Lower Level
Bedroom
13'3.96 m × 9'8"2.95 m
Lower Level
Bedroom
12'9"3.89 m × 9'11"3.02 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'6" x 4'9"
2nd Floor
Yes
5
8'10" x 14'3"
2nd Floor
No
4
6' x 9'11"
Lower Level
No
4
4'9" x 7'9"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Lake, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bar, Bookcases, Breakfast Bar, Built-in Features, Closet Organizers, Double Vanity, French Door, High Ceilings, Jetted Tub, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, See Remarks, Separate Entrance, Soaking Tub, Storage, Walk-In Closet(s)
Data was last updated September 23, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
150
Avg list price:
$676,950
Min list price:
$240,000
Max list price:
$3,550,000
Avg days on market:
41
Min days on market:
1
Max days on market:
274
Avg price per sq.ft.:
$421.29
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.