Diane Richardson

Office Location

703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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Calgary Luxury Homes for Sale

Discover luxury homes for sale in Calgary, including million-dollar houses, executive residences, custom-built estates, luxury bungalows and upscale condominiums. Compare MLS® listings, premium property features and desirable Calgary neighbourhoods.

Calgary luxury homes for sale

Searching for Calgary luxury homes for sale? Calgary's higher-end real estate market includes established estate residences, contemporary custom houses, executive family homes and premium condominiums. Buyers can compare architectural styles, lot dimensions, privacy, interior finishes and locations across the city.

Luxury homes for sale in Calgary offer a variety of lifestyles, from spacious residences in established neighbourhoods to newer executive properties and sophisticated inner-city homes. When considering million-dollar real estate, look beyond asking price to evaluate construction quality, renovations, outdoor living space, garage capacity and long-term ownership costs.

Luxury Detached Homes

Explore executive houses, custom-built residences, spacious floor plans and upscale architectural finishes.

Estate Homes & Bungalows

Compare premium lot sizes, mature landscaping, single-level layouts, privacy and outdoor amenities.

Upscale Calgary Condos

Discover luxury apartments and penthouses with varied views, amenities, parking and services.

Explore Calgary's Luxury Real Estate Market

Calgary's luxury real estate market includes distinctive properties in established neighbourhoods, contemporary inner-city developments and newer residential communities. Buyers may prioritize architectural design, substantial living space, privacy, outdoor entertaining areas or proximity to downtown and recreation.

The definition of luxury extends beyond a particular purchase price. Two homes with similar asking prices can differ substantially in land value, construction quality, renovations, location and long-term maintenance requirements.

Million Dollar Homes for Sale in Calgary

Calgary million dollar homes for sale can include detached residences, larger bungalows, custom houses and executive family properties. Some offer developed basements, premium kitchens, multiple living areas, home offices and generous garage space.

Compare usable floor area, room configuration, lot dimensions, property condition and recent comparable sales. Premium finishes and extensive renovations should be evaluated alongside their quality, age and supporting documentation.

Luxury Homes in Established Calgary Neighbourhoods

Established communities such as Mount Royal, Elbow Park, Britannia and Aspen Woods are among the Calgary neighbourhoods buyers may explore when searching for higher-end properties. These areas offer different housing styles, lot characteristics and neighbourhood amenities.

Compare proximity to schools, shopping, recreation and preferred travel routes. Premium property values can vary considerably within the same community, making address-specific comparisons important.

Custom-Built Houses and Executive Residences

Custom-built luxury properties may feature distinctive architecture, high-end materials, specialty rooms, extensive glazing, designer kitchens and integrated home technology. Other executive homes emphasize efficient layouts, family functionality and comfortable indoor-outdoor living.

Buyers should examine construction quality, mechanical systems, renovations, available warranties and permits. For complex properties, consider specialists familiar with the systems and features involved.

Luxury Bungalows and Estate-Style Living

Luxury bungalows in Calgary may appeal to buyers looking for substantial main-floor living space, fewer stairs or a different floor plan than a traditional two-storey residence. Estate-style properties may emphasize generous lots, privacy, landscaped grounds and outdoor living areas.

Confirm lot boundaries, drainage, landscaping maintenance, accessibility and the quality of any basement development. Outdoor features such as pools, hot tubs or extensive hardscaping may require additional inspection and maintenance planning.

Luxury Condominiums and Penthouses in Calgary

Calgary's higher-end condominium market includes apartment residences with premium finishes, desirable locations and varying building amenities. Some properties offer impressive views, terraces, concierge-related services or multiple parking stalls, depending on the development.

Before purchasing, review condominium financial statements, reserve fund information, bylaws, insurance, monthly contributions and any planned major building projects. Confirm titled or assigned parking, storage and restrictions affecting your intended use.

Comparing Luxury Homes Across Calgary

Buyers exploring southwest, northwest and southeast Calgary luxury homes may find very different property styles and neighbourhood settings. Some areas emphasize established estate lots, while others offer contemporary construction or newer residential developments.

Consider daily travel needs, privacy, lot orientation, nearby amenities and the suitability of the floor plan. A carefully selected property should meet your practical requirements as well as your preferences for design and location.

Important Calgary Luxury Listing Information: Luxury and million-dollar listings may include detached houses, bungalows, estate-style residences and upscale condos. The current search has also displayed properties in Rural Rocky View County, which is outside Calgary city limits. Confirm each property's municipality, MLS® availability, asking price, property type and relevant ownership requirements before arranging a showing.

Explore More Calgary Luxury Homes

Continue your search with dedicated million-dollar Calgary homes, luxury condominiums and southwest Calgary luxury listings. Each search offers a different property focus.

Find Your Calgary Luxury Home with Diane Richardson

Whether you're searching for a million-dollar detached house, custom estate residence, luxury bungalow or upscale condo, Diane Richardson can help you compare available MLS® listings, review property features and arrange private showings. Homeowners considering selling can also request a property-specific market evaluation.

Phone/Text: 403.397.3706   |   Email: diane@mypadcalgary.com

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107 Masters Way SE
Mahogany Calgary T3M 2N8

$1,159,000
Residential beds: 4 baths: 4.0 2,841 sq. ft. built: 2017

Main Photo: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
Photo 1: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
Photo 2: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
Photo 3: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
Photo 4: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
Photo 5: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
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Photo 50: 107 Masters Way SE in Calgary: Mahogany Detached for sale : MLS®# A2353364
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2353364
Bedrooms:
4
Bathrooms:
4
Year Built:
2017
Welcome to 107 Masters Way SE, an exceptional luxury residence featuring a TANDEM TRIPLE CAR GARAGE and an unbeatable location JUST STEPS FROM MAHOGANY LAKE AND THE BEACH CLUB. Offering approximately 3,967 SQ. FT. OF BEAUTIFULLY DEVELOPED LIVING SPACE, this impressive home features 4 BEDROOMS, 4 BATHROOMS, a FULLY DEVELOPED BASEMENT WITH A BAR, and a beautifully designed LOW-MAINTENANCE BACKYARD. Thoughtfully designed with elegant finishes, spacious living areas, and exceptional functionality, this home offers the perfect balance of sophistication and everyday comfort. Step inside to a bright, open-concept main floor where expansive windows fill the home with natural light, creating a warm and inviting atmosphere. The beautifully appointed kitchen serves as the heart of the home, featuring abundant cabinetry, generous counter space, and a large central island ideal for meal preparation, casual dining, and entertaining. The adjoining dining and living areas flow seamlessly together, offering an inviting setting for both intimate family gatherings and larger celebrations. Upstairs, the SPACIOUS PRIMARY RETREAT provides a peaceful escape with a beautifully finished ensuite, while the additional generously sized bedrooms offer comfort and flexibility for family members, guests, or a home office. The FULLY DEVELOPED BASEMENT is designed for entertaining, featuring a LARGE RECREATION ROOM, DEDICATED BAR AREA, AND VERSATILE FLEX SPACE that can easily accommodate a home gym, games room, office, or additional lounge. Whether hosting friends for an evening of entertainment or enjoying a relaxing movie night, this thoughtfully designed lower level provides exceptional versatility. Outside, the beautifully designed LOW-MAINTENANCE BACKYARD creates an inviting outdoor retreat, perfect for summer barbecues, outdoor dining, and relaxing without the demands of extensive upkeep. The TANDEM TRIPLE CAR GARAGE provides generous space for vehicles, additional storage, and recreational equipment, complementing the home's exceptional functionality. Living in MAHOGANY means embracing one of Calgary's most desirable four-season lake lifestyles, with MAHOGANY LAKE AND THE BEACH CLUB JUST STEPS FROM YOUR DOOR. Enjoy summer afternoons swimming, paddleboarding, and relaxing at the beach, winter days skating, and year-round access to scenic wetlands, walking pathways, and beautifully maintained green spaces. With excellent schools, parks, restaurants, shopping, and everyday amenities nearby, Mahogany offers an incredible balance of recreation and convenience. 107 Masters Way SE presents a remarkable opportunity to enjoy luxury living, exceptional space, and an unbeatable location in one of Calgary's premier lake communities. Book your private showing today!
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:
2,840.84 sq. ft.
Main Level Finished Area:
1,227.7 sq. ft.
Upper Level Finished Area:
1,613.13 sq. ft.
Below Grade Finished Area:
1,126.21 sq. ft.
HOA Fee Frequency:
Annually
Acreage:
No
Lot Area:
4,531 sq. ft.
Lot Frontage:
40'1½"
Front Exposure:
East
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2017 (Age: 9)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms On Main:
0
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Num Ensuite Baths:
1
Plan:
1611227
Heating:
Forced Air
Basement:
Full, Finished, Other
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Stone, Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Electric, Gas
Garage:
Yes
Garage Spaces:
3
Parking:
Tandem, Triple Garage Attached
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
Laundry Room
HOA Fee:
$934.03
Southeast
Mahogany
Beach Access, Clubhouse, Park, Parking, Party Room, Picnic Area, Playground, Recreation Facilities
Bar Fridge, Dryer, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Dishwasher (x2), Air Conditioner (x2), Furnace (x2) TV Brackets, Security System, Ring Camera, Gemstone Lights, Faux Lawn, Built-in Speakers
None Known
Floor
Type
Size
Other
Main Floor
Mud Room
5'6" × 5'1"
Main Floor
Foyer
14'5" × 10'4"
Main Floor
Kitchen
16'6" × 11'4"
Main Floor
Living Room
15'5" × 14'7"
Main Floor
Mud Room
9'8" × 7'2"
Main Floor
Office
11'5" × 7'
Upper Level
Bedroom
12' × 10'5"
Upper Level
Bedroom
11'5" × 10'8"
Upper Level
Bedroom
11'8" × 10'11"
Upper Level
Family Room
17'7" × 15'
Upper Level
Laundry
10'8" × 7'
Upper Level
Bedroom - Primary
15'4" × 14'2"
Upper Level
Walk-In Closet
10'4" × 6'6"
Basement
Flex Space
18'3" × 9'10"
Basement
Game Room
29'11" × 27'5"
Basement
Furnace/Utility Room
12'5" × 9'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
7'5" x 5'5"
Upper Level
No
4
8'10" x 10'4"
Upper Level
Yes
5
10'1" x 13'
Basement
No
3
7'7" x 4'11"
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, Double Vanity, High Ceilings, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Soaking Tub, Walk-In Closet(s), Wet Bar
Exterior Features:
BBQ gas line, Fire Pit
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Landscaped, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-1s
Listed Date:
Oct 22, 2026
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Listed by eXp Realty
Data was last updated October 23, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
122
Avg list price:
$679,450
Min list price:
$219,900
Max list price:
$2,149,900
Avg days on market:
41
Min days on market:
1
Max days on market:
398
Avg price per sq.ft.:
$403.89
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

Calgary Luxury Homes: Buyer and Seller Guide

Exploring Calgary luxury homes for sale? Discover the considerations involved in purchasing or selling a premium residence, from custom-built houses and million-dollar estates to luxury bungalows and upscale condominiums. Learn how location, design, construction quality and property-specific features influence value.

Calgary's luxury real estate market offers distinctive properties in established neighbourhoods, contemporary inner-city locations and newer residential communities. Buyers can compare architectural styles, floor plans, lot dimensions, premium finishes, privacy and outdoor living areas.

When evaluating luxury homes for sale in Calgary, consider both lifestyle preferences and long-term ownership costs. High-end properties may include specialized mechanical equipment, custom materials and extensive exterior improvements that require additional maintenance.

  • Location & Property Value Compare premium neighbourhoods, lot size, privacy, views, nearby amenities and relevant recent comparable sales.
  • Construction & Luxury Features Review architectural design, renovation quality, mechanical systems, premium materials and specialized amenities.
  • Long-Term Ownership Costs Consider property taxes, insurance, utilities, landscaping, maintenance and applicable condominium fees.

Buying a Luxury Home in Calgary

Calgary luxury homes can differ significantly in design, condition, location and amenities. An executive house in a newer community may offer a different lifestyle from an established estate residence or a contemporary inner-city property.

Before choosing a home, prioritize the features that matter most: living space, bedroom arrangements, garage capacity, privacy, outdoor entertaining areas, accessibility and convenient access to work, schools or recreation.

Comparing Million Dollar Homes in Calgary

Million dollar homes for sale in Calgary include a broad range of detached houses, custom-built residences, executive properties and upscale attached housing. The asking price alone does not establish construction quality or relative market value.

Compare recent sales of properties with similar locations, lot sizes, living areas, condition and finishes. Consider whether renovations, landscaping and specialty features are supported by the asking price and available market evidence.

Luxury Neighbourhoods Across Calgary

Buyers searching for premium homes may explore established Calgary communities such as Mount Royal, Elbow Park and Britannia, along with southwest locations such as Aspen Woods and other higher-end residential areas.

Each neighbourhood has its own housing mix, lot characteristics, development history and amenities. Compare actual property locations rather than assuming every home in a particular community offers the same level of privacy, views or convenience.

Evaluating Custom Construction and Renovations

Custom-built luxury houses may feature specialized architectural elements, premium windows, integrated technology, detailed millwork, expansive kitchens and sophisticated heating or ventilation systems.

Review available building permits, renovation records, warranties and maintenance documentation. Where appropriate, arrange inspections by qualified professionals experienced with the property's construction and specialized equipment.

Luxury Bungalows and Estate-Style Properties

Calgary luxury bungalows may provide generous main-floor living areas, flexible bedroom configurations and fewer stairs. Estate-style houses may emphasize substantial lots, mature landscaping, private outdoor areas and additional garage space.

Buyers should consider lot drainage, exterior maintenance, accessibility, basement development and the condition of outdoor improvements. For larger properties, landscaping and seasonal upkeep can represent meaningful ongoing expenses.

Buying a Luxury Condo in Calgary

Upscale Calgary condominiums may offer spacious floor plans, premium finishes, balconies, desirable views and building amenities. Available features and services depend on the individual development and residence.

Before purchasing, review condominium financial statements, reserve fund information, bylaws, insurance, monthly fees and anticipated major repairs. Confirm parking, storage and any rules affecting pets, renovations or intended property use.

Luxury Home Financing and Ownership Costs

Premium properties can involve different financing considerations depending on purchase price, property type and lender requirements. Discuss available mortgage options, down-payment needs and appraisal considerations with a qualified financing professional.

Also budget for property taxes, insurance, utilities, repairs and regular maintenance. Pools, extensive landscaping, specialty equipment and large building systems can add to long-term ownership expenses.

Selling a Luxury Home in Calgary

Selling a premium residence requires a pricing and presentation strategy that reflects its specific features. Buyers may place different values on architectural design, lot size, privacy, renovations, outdoor living areas and neighbourhood location.

Diane Richardson can help review current competing listings and relevant comparable sales to discuss an asking-price strategy suited to your property. When comparable homes are limited, careful consideration of the property's distinctive characteristics is particularly important.

Preparing a Premium Property for Sale

High-quality photography, accurate property measurements and clear descriptions of upgrades can help buyers understand a luxury home's design and features.

Prepare available renovation permits, maintenance records, warranty documents and information about specialized systems or outdoor amenities. Addressing presentation and maintenance concerns before listing can help support a more informed buyer evaluation.

Marketing Luxury Homes to Qualified Buyers

Luxury buyers frequently compare properties across several Calgary neighbourhoods rather than limiting themselves to a single community. Effective listing information should communicate the property's actual strengths, including architectural quality, layout, location, privacy and relevant amenities.

Discuss showing arrangements, property access, presentation and a marketing strategy appropriate to the home and its intended audience. Pricing should remain grounded in current market evidence rather than general assumptions about the luxury segment.

Important Calgary Luxury Real Estate Information: Luxury listings can include detached houses, executive residences, bungalows, premium condos and estate-style properties. The current search has also displayed listings in Rural Rocky View County, which is outside Calgary city limits. Verify each property's municipality, current MLS® status, asking price, property type and applicable ownership requirements before arranging a viewing.

Explore More Calgary Luxury Real Estate

Compare million-dollar houses, luxury condos and premium properties in southwest Calgary using these related real estate searches.

Contact Diane Richardson About Calgary Luxury Homes

Searching for a custom-built house, million-dollar estate, luxury bungalow or upscale condominium in Calgary? Diane Richardson can help you compare available MLS® listings, review property features and arrange private showings.

Planning to sell a luxury home? Discuss recent comparable sales, property presentation, pricing and a marketing approach tailored to your residence.

Phone/Text: 403.397.3706

Email: diane@mypadcalgary.com

Ask About Calgary Luxury Homes

Contact Diane Richardson About Calgary Luxury Homes for Sale

Interested in Calgary luxury homes for sale? Diane Richardson can help you compare million-dollar houses, custom-built residences, estate-style properties, luxury bungalows and upscale condominiums. Explore available MLS® listings, evaluate premium property features and arrange private showings. Planning to sell your luxury property? Ask about comparable sales, market positioning and a valuation tailored to your home.

Buying a luxury home in Calgary? Tell Diane your preferred neighbourhoods, price range, architectural style, lot size, privacy requirements and must-have features. She can help you compare available detached homes, executive residences, luxury bungalows and premium condominiums.

Interested in million-dollar properties? Compare construction quality, custom finishes, renovation history, garage capacity, outdoor living areas and recent comparable sales. Ask about arranging private viewings and property-specific due diligence.

Considering an estate home or luxury condo? For estate properties, review land characteristics, maintenance requirements and major building systems. For upscale condos, examine monthly contributions, reserve fund information, insurance, bylaws and any planned building improvements.

Selling your Calgary luxury home? Discuss a property-specific pricing strategy using comparable sales, current competition, architectural features, renovations, lot characteristics and overall presentation. A distinctive residence deserves marketing that accurately communicates its features to prospective buyers.

Searching near Calgary? Some luxury searches may also display homes in Rural Rocky View County or other surrounding municipalities. Ask Diane to confirm whether a property is within Calgary city limits and explain any relevant differences in municipal services and ownership considerations.

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Evaluation

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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.