Calgary 4 Million Dollar Homes for Sale | Calgary luxury real estate listings Calgary 4 million dollar homes for sale

Welcome to Calgary 4 million dollar homes for sale, where luxury living meets unparalleled elegance. Calgary offers a range of high-end properties that redefine sophistication, catering to buyers who seek the ultimate in design and amenities.

Explore Calgary luxury real estate listings, featuring luxury estates in Calgary's affluent neighborhoods, modern luxury homes with private pools and landscaped gardens, and exclusive properties with state-of-the-art features. These homes boast spacious layouts, premium finishes, and stunning architectural designs.

Calgary’s luxury real estate market includes some of the city’s most prestigious neighborhoods, offering access to excellent schools, fine dining, and recreational opportunities. Whether you desire a contemporary masterpiece or a timeless estate, Diane Richardson is here to provide personalized guidance, ensuring you find the perfect luxury property that meets your lifestyle and needs.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

Calgary has something for everyone. These homes offer the perfect blend of sophistication, comfort, and style.

Here are a few ways to make it easy for you to get in touch with Diane Richardson:

  1. Contact form: A contact form on my website can allow you to send me a message directly from this page. Be sure to include your name, email address, and a message.

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What are the most desirable neighborhoods for million dollar homes in Calgary?

Calgary has several desirable neighborhoods for million dollar homes, each offering its own unique amenities and attractions. Here are some of the most popular neighborhoods for luxury homes in Calgary:

  1. Mount Royal: Located near downtown Calgary, Mount Royal is known for its large estate homes and tree-lined streets.

  2. Elbow Park: Situated along the Elbow River, Elbow Park offers a mix of heritage homes and modern luxury properties.

  3. Britannia: This neighborhood is located in southwest Calgary and is known for its stunning river views and upscale homes.

  4. Springbank Hill: Located on the west side of the city, Springbank Hill offers spacious properties with panoramic mountain views.

  5. Bel-Aire: Bel-Aire is a prestigious neighborhood in southwest Calgary with large lots and luxurious homes.

  6. West Springs: Located in southwest part of the city, just west of downtown, and is known for its modern luxury homes and easy access to amenities.

  7. Altadore: Situated near River Park and Sandy Beach, Altadore offers a mix of modern and heritage homes with easy access to downtown Calgary.

  8. Aspen Woods: Located in the west end of the city, Aspen Woods offers a mix of luxury homes and high-end condos with easy access to shopping and entertainment.

  9. Pump Hill: This neighborhood is located in the southwest part of the city and is known for its large estate homes and proximity to Glenmore Reservoir.

  10. Eagle Ridge: Located in southwest Calgary, Eagle Ridge offers spacious properties with easy access to the city's pathway system and natural parks.

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131 Magnolia Street SE
Mahogany Calgary T3M 4C7

$629,900
Residential beds: 3 baths: 3.0 1,686 sq. ft. built: 2025

Main Photo: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 1: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 2: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 3: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 4: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 5: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 6: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 7: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 8: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
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Photo 12: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
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Photo 24: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 25: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
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Photo 39: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Photo 40: 131 Magnolia Street SE in Calgary: Mahogany Detached for sale : MLS®# A2268773
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2268773
Bedrooms:
3
Bathrooms:
3
Year Built:
2025
Boxing Day pricing starts NOW — brand-new specs, brand-new savings. Meet the brand-new “Heath,” a fresh take on a beloved layout that blends smart design with everyday comfort. Step inside to a bright, open main floor finished in warm luxury vinyl plank, with a versatile front flex room that suits a home office, homework zone, or cozy reading spot. The rear of the home opens to an inviting living room and an oversized dining area—perfect for weeknight dinners and weekend gatherings alike. Anchoring the space, the chef’s kitchen showcases wood-grain cabinetry raised to the bulkhead, crisp white quartz counters, a classic subway tile backsplash that wraps the standalone hood fan, stainless steel appliances, and a large island that makes prep, snacks, and conversation effortless. A generous back window brings in natural light, and the practical rear entrance keeps daily comings and goings simple. Upstairs, a centrally located loft creates a true second living space and smart separation between the sleeping quarters. The spacious primary retreat features a walk-in closet and a spa-inspired 4-piece ensuite with dual sinks, while two additional bedrooms share a well-appointed 4-piece bath. The upper laundry room keeps chores convenient and out of sight. A side/secondary entrance adds flexibility for future possibilities such as a guest, in-law, or private living area (subject to city/municipal approvals and permitting). Outside, the landscaping is complete—front and back—so you can enjoy the space from day one. Expect finished sod, mulched side yards, and thoughtfully selected trees/shrubs in the front that complement the streetscape and elevate curb appeal. And the setting? You’re in Mahogany—Calgary’s four-season lake community—where life revolves around water, parks, and connection. Enjoy two residents-only beaches, the Beach Club, tennis and sport courts, winter skating, fishing, playgrounds, and more than 22 km of pathways and preserved wetlands. Stroll to the Village Market for cafés, restaurants, fitness, and daily essentials, with the South Health Campus and Seton Urban District just minutes away. From paddleboards to sunset walks, the Heath puts a resort-style lifestyle within easy reach.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
1,686 sq. ft.
Main Level Finished Area:
846 sq. ft.
Upper Level Finished Area:
840 sq. ft.
HOA Fee Frequency:
Annually
Acreage:
No
Lot Area:
2,695 sq. ft.
Lot Frontage:
29'4"
Front Exposure:
East
Entry Level:
1
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2025 (Age: 1)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2510243
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished, Separate/Exterior Entry
Foundation:
Poured Concrete
Builder:
Hopewell Residential
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$582.00
Mahogany
None
Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator
N/A
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
12'11" × 11'6"
Main Floor
Dining Room
13'5" × 9'
Main Floor
Kitchen
12'4" × 9'2"
Main Floor
Flex Space
10'4" × 7'4"
Upper Level
Bonus Room
15'7" × 9'3"
Upper Level
Bedroom - Primary
12' × 10'8"
Upper Level
Bedroom
10'2" × 9'3"
Upper Level
Bedroom
10'2" × 9'3"
Upper Level
Laundry
7'5" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 4'11"
Upper Level
Yes
4
8' x 8'4"
Upper Level
No
4
5' x 7'9"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bathroom Rough-in, Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters
Exterior Features:
BBQ gas line
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Landscaped, Level, Rectangular Lot, Street Lighting, Zero Lot Line
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Nov 04, 2025
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Listed by Real Broker
Data was last updated January 4, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
113
Avg list price:
$659,000
Min list price:
$235,000
Max list price:
$2,409,900
Avg days on market:
52
Min days on market:
1
Max days on market:
261
Avg price per sq.ft.:
$440.4
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.
DIANE RICHARDSON
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.