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31 Mahogany Way Southeast
31 Mahogany Way Southeast
$814,999
Welcome to 31 Mahogany Way SE, where an exceptional location meets a thoughtfully designed family home in one of Calgary's most sought-after lake communities. Situated...
Ally Realty
Public Search
131 Fallswater Road NE
Falconridge
Calgary
T3J 1B2
$599,900
Residential
beds: 4
baths: 3.0
1,203 sq. ft.
built: 1979
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2324671
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 1979
- Photos (39)
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Welcome to this professionally renovated, down-to-the-studs home offering the quality and peace of mind of a near-new build in an established neighbourhood. Ideally located on a quiet street beside greenspace, you'll enjoy easy access to schools, parks, playgrounds, walking paths, shopping, transit, and major roadways, including Deerfoot Trail and Stoney Trail.
Extensively redesigned with approximately 500 sq. ft. added to the main level, this exceptional home showcases quality craftsmanship and premium finishes throughout. The bright, open-concept main floor features 3 bedrooms, 2 full bathrooms, including a beautiful primary ensuite with heated tile floors & walk-in closet, convenient upper-level laundry, and a stunning kitchen complete with quartz countertops, custom cabinetry, stainless steel appliances, and a large island overlooking the spacious living and dining areas.
The renovation extends well beyond cosmetic updates. Major improvements include Hardie Board siding, new main-floor windows, new shingles, updated plumbing and electrical throughout, a new furnace, new hot water tank, and new appliances, providing exceptional value and long-term peace of mind.
The fully finished illegal basement suite offers outstanding flexibility with 1 bedroom, 1 full bathroom, a full kitchen, separate laundry, and high-end finishes throughout, making it ideal for extended family, multi-generational living, or mortgage-helper potential.
Outside, the large, fully fenced backyard features a brand-new fence, storage shed, and ample space to build a future oversized double garage while still leaving plenty of room for kids, pets, and outdoor entertaining.
Offering over 1,200 sq. ft. of above-grade living space, a beautifully finished lower level, and virtually every major component professionally updated, this is a rare opportunity to own a truly turnkey home where quality craftsmanship and attention to detail are evident throughout.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 1
- Home Style:
- Bungalow
- Total Living Area:
- 1,203.42 sq. ft.112 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 4,660 sq. ft.433 m2
- Lot Frontage:
- 40'12.2 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- South
- Reg. Size:
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- Reg. Size Includes:
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- Floor Location:
- Ground
- Levels:
- One
- Total Rooms Above Grade:
- 3
- Year built:
- 1979 (Age: 47)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms On Main:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 3.0 (Full:3, Half:0)
- Num Ensuite Baths:
- 1
- Plan:
- 7811623
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, Other
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Composite Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Tile, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Alley Access, Off Street, On Street
- Parking Places:
- 5
- Parking Total/Covered:
- 5 / -
- Laundry Features:
- In Basement, Main Level, See Remarks
- Northeast
- Falconridge
- Dishwasher, Microwave Hood Fan, Range, Refrigerator, Washer/Dryer, Washer/Dryer Stacked
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom - Primary
- 20'3"6.17 m × 9'3"2.82 m
- Main Floor
- Bedroom
- 13'2"4.01 m × 11'8"3.56 m
- Main Floor
- Bedroom
- 11'11"3.63 m × 9'9"2.97 m
- Suite
- Bedroom
- 11'1"3.38 m × 11'1"3.38 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 3
- 8' x 4'11"
- Main Floor
- No
- 4
- 4'11" x 8'6"
- Suite
- No
- 4
- 8'1" x 4'11"
- Title to Land:
- Fee Simple
- Community Features:
- Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Kitchen Island, Quartz Counters, Recessed Lighting, Storage, Vinyl Windows, Walk-In Closet(s)
- Exterior Features:
- Other
- Patio And Porch Features:
- Other
- Lot Features:
- Back Lane, Back Yard, City Lot, Front Yard, Lawn
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NE
- Zoning:
- R-1
- Listed Date:
- Jun 26, 2026
- Days on Mkt:
- Signup
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AI rendered screen door *glass on front door broken, will be replaced*
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Shower glass missing, will be installed before possession
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Larger map options:
Listed by Real Broker
Data was last updated July 17, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 50
- Avg list price:
- $458,450
- Min list price:
- $169,900
- Max list price:
- $599,999
- Avg days on market:
- 30
- Min days on market:
- 2
- Max days on market:
- 163
- Avg price per sq.ft.:
- $421.16
These statistics are generated based on the current listing's property type
and located in
Falconridge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MICHELLE PRIMEAU
- Ally Realty
- 1 (403) 660-6709
- homes@michelleprimeau.com
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.




