Living in Mahogany, Calgary: Lake Living, Home Values and Schools
Mahogany is a southeast Calgary community known for its lake, private beaches, wetlands and wide range of homes. Buyers can find apartments, townhomes, duplexes and detached houses, while residents have access to year-round recreation and local shops and services.
Mahogany home values
Recent sales show how prices vary by home type. The figures below are typical sold prices from October 2026 or, where noted, the August–October 2026 period:
| Home type | Typical sold price | Recent sales |
|---|---|---|
| Detached | $675,000 | 19 sales in October |
| Semi-detached | $655,000 | 5 sales in October |
| Townhouse | $430,000 | 11 sales from August to October |
| Apartment | $360,000 | 27 sales from August to October |
These are recent market snapshots, not appraisals. A home’s value depends on its condition, size, layout, location, upgrades and recent comparable sales. The townhouse and apartment figures use three months of sales to provide a more useful sample.
Mahogany Lake and outdoor amenities
Mahogany’s 63-acre freshwater lake is the centrepiece of the community. Residents can enjoy the private beaches and Beach Club, with activities that include swimming, paddling, fishing, beach sports and winter skating. The community also has parks, playgrounds, wetlands and a network of pathways.
The Urban Village offers local shops, cafés, restaurants and services, while nearby Stoney Trail and 52 Street SE connect residents to other parts of Calgary.
Schools in Mahogany
Two elementary schools are located in the community:
- Mahogany School, a Calgary Board of Education public school currently serving Kindergarten to Grade 5. The CBE notes that enrolment pressures may affect school designations and overflow arrangements.
- Divine Mercy School, a Calgary Catholic School District elementary school serving Kindergarten to Grade 6.
A CBE middle school at 77 Masters Terrace SE is in development, with a target completion date of 2029–2030. Its final grade configuration, attendance area and programs will be confirmed closer to opening.
School designations and available spaces can change. Families should confirm the current school and enrolment information for a specific address with the CBE or Calgary Catholic School District.
Is Mahogany right for you?
Mahogany may suit buyers looking for newer housing options, a strong community amenity package and access to lake and outdoor activities. The range of housing types also creates options at different price points. Buyers should compare similar homes, since apartment, townhouse, duplex and detached sales reflect very different parts of the market.
If you’re considering buying or selling in Mahogany, I can help you compare current listings, review recent sales and estimate a property’s value based on its specific features.
Jordan Lotoski | Empire West YYC
Your Calgary real estate resource
Home values are based on recent sales through October 2026 and can change. Confirm school designation and enrolment for a specific address before making a decision.
