MASSIVE LOT! UNLIKE ANY OTHER LANED YOU'VE SEEN! Welcome to 265 Masters Avenue SE, a beautifully designed home in Calgary’s award-winning lake community of Mahogany, just a 5 minute walk to the beach. Situated on a larger-than-average lot for a laned home, this property offers over 2,500 sq. ft. of thoughtfully designed living space, including a 2 bedroom, 2 bathroom LEGAL SUITE with a private entrance and separate mailbox, perfect for multigenerational living or short term rental opportunities. From the attractive covered front porch, you’ll step into a bright main floor, featuring 10 foot ceilings and a practical layout. A main floor office just off the foyer provides a quiet workspace, while the open concept living room with a cozy fireplace flows into a stylish dining area and lastly the rear kitchen. The kitchen showcases white shaker cabinetry, striking tile backsplash, white granite countertops, a feature hood fan, built-in microwave, gas stove, and stainless steel appliances. A mudroom with additional storage space, as well as a convenient powder room complete the main level. Upstairs, you'll find 3 generously sized bedrooms, including a private primary suite with a walk-in closet and 4 piece ensuite. A second full 4 piece bathroom and an upper-floor laundry room add convenience and functionality. A bonus room offers the perfect family hangout or flex space. This home is full of natural light, thanks to its east-facing orientation, providing sunshine in the morning and late afternoon. Enjoy the large back yard, complete with low-maintenance landscaping, durable composite deck, double detached garage, and rear parking pad for additional parking. Other highlights include A/C, vinyl plank flooring throughout, year round lake access. All this tucked away on a quiet low-traffic street, with close proximity to parks & transit bus stops. This Mahogany gem is one you won’t want to miss. Book your showing today!
In Basement, Laundry Room, Lower Level, Multiple Locations, Upper Level
HOA Fee:
$600.00
Mahogany
Other
Dishwasher, Electric Stove, Gas Stove, Microwave, Range Hood, Washer/Dryer, Washer/Dryer Stacked, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
14'8"4.47 m × 10'10"3.30 m
Main Floor
Foyer
6'9"2.06 m × 6'9"2.06 m
Main Floor
Kitchen
14'1"4.29 m × 12'3.66 m
Main Floor
Living Room
13'7"4.14 m × 9'5"2.87 m
Main Floor
Office
10'8"3.25 m × 9'5"2.87 m
Upper Level
Bedroom
12'5"3.78 m × 9'4"2.84 m
Upper Level
Bedroom
12'5"3.78 m × 9'5"2.87 m
Upper Level
Laundry
6'10"2.08 m × 5'1.52 m
Upper Level
Bedroom - Primary
14'1"4.29 m × 12'6"3.81 m
Upper Level
Laundry
6'10"2.08 m × 5'1.52 m
Basement
Bedroom
14'6"4.42 m × 9'6"2.90 m
Basement
Bedroom
12'3.66 m × 8'10"2.69 m
Basement
Kitchen
12'5"3.78 m × 3'1".94 m
Basement
Game Room
21'8"6.60 m × 12'6"3.81 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'7" x 4'11"
Upper Level
No
4
8'10" x 5'
Upper Level
Yes
4
9' x 6'2"
Basement
No
4
8'10" x 4'11"
Basement
Yes
4
7'11" x 5'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Breakfast Bar, Built-in Features, Chandelier, Closet Organizers, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, See Remarks, Separate Entrance, Storage, Walk-In Closet(s)
Exterior Features:
Lighting, Other, Private Entrance, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Back Yard, Landscaped, Low Maintenance Landscape, Other, Private
Data was last updated July 19, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
169
Avg list price:
$659,900
Min list price:
$259,900
Max list price:
$3,550,000
Avg days on market:
30
Min days on market:
1
Max days on market:
208
Avg price per sq.ft.:
$429.72
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.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.