BEAUTIFULLY UPGRADED, fully developed 5-bedroom, 4-bathroom home with over 3,300 sq. ft. of developed living space, ideally positioned on an oversized pie-shaped lot backing directly onto acres of green space in the award-winning lake community of Mahogany. Designed for both style and family living, this contemporary home is loaded with upgrades inside and out. Step inside to soaring ceilings, wide-plank flooring and a bright, open-concept main floor. Just off the entrance is a private den/home office, while the spacious mudroom features built-in lockers and convenient garage access. At the heart of the home is the stunning chef-inspired kitchen featuring extensive quartz countertops, a large centre island with eating bar, designer fixtures and KitchenAid appliances, including a gas cooktop and built-in wall oven. The kitchen flows seamlessly into the dining area and inviting living room with cantilevered fireplace and oversized windows overlooking the sunny south-facing backyard and green space beyond. Outside, the oversized pie lot provides exceptional space to enjoy every season. The home was strategically positioned forward on the lot to maximize the backyard, creating an incredible outdoor setting complete with a huge 18' x 20' composite deck, poured concrete pathway running the length of the home, professionally installed hot tub pad and plenty of room for entertaining, playing or even a backyard skating rink. Upstairs you'll find four bedrooms and a spacious bonus room with vaulted ceilings. The secondary bedrooms and bathroom are thoughtfully separated from the primary retreat for added privacy. The primary suite connects to a luxurious ensuite featuring dual vanities, soaker tub, oversized tiled shower with built-in bench and private water closet. The large walk-in closet conveniently connects directly to the upstairs laundry room. The fully developed basement with 9' ceilings adds even more living space with a fifth bedroom, full bathroom, wet bar with mini-fridge, large family/media room with projector rough-ins, plus additional space for a home gym, playroom or games area. Additional highlights include a three-zone media system, smart thermostat, video doorbell and security cameras, extra-tall garage door, and year-round Gemstone exterior lighting front and back. Enjoy everything Mahogany has to offer, including lake and beach access (7 minute walk away), pathways, parks, playgrounds, schools, shopping, restaurants and year-round recreation. With its oversized lot, south-facing backyard, green-space setting, exceptional floor plan and extensive upgrades, this is a truly special family home in one of Calgary's most desirable lake communities.