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87 Mercado Crescent SE, Calgary

Mahogany
ActiveMLS® A2345213· 44 days on market
$774,900
$365 per sq ft (asking)
Was $799,900 · reduced $25,000 (3.1%) on Oct 28, 2026
3
Bedrooms
3.5
Bathrooms
2,124
Sq ft
2026
Year built
$1,376
Property tax (2026)
2
Garage
3,379
Lot sq ft
CalgaryListings Insight
This home at 87 Mercado Crescent SE is a 3-bedroom home with 3.5 bathrooms. Built in 2026, it is located in the community of Mahogany and offers 2,124 sq ft of living space above grade. Highlights include a double garage, vinyl plank flooring, and a fireplace. For new construction, review builder terms, deposit structure, possession timelines, warranty coverage, GST treatment, and what is actually included. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. The recent price adjustment may change how this property compares with nearby active listings. MLS® A2345213.

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About this property

Welcome to the “Grada” by Hopewell, where elevated design, impressive natural light, and everyday functionality come together in one of Calgary’s most sought-after lake communities, Mahogany. Offering 2,124 sq. ft., 3 bedrooms, a main floor flex room and a thoughtfully planned layout designed for modern family living, this home delivers the space, flexibility, and style today’s buyers are looking for. From the moment you arrive, the home makes a strong first impression with great curb appeal with a bold blue exterior with stone accents. Inside, the main floor continues to impress with a versatile front flex room just off the entry. Whether used as a home office, homework zone, reading room, play space, or quiet sitting area, this space adds valuable flexibility without compromising the open-concept design. As you move further into the home, the layout opens beautifully into a spacious dining area and inviting lifestyle room, creating a natural flow for both everyday living and entertaining. The open-to-above living room adds a dramatic sense of space, while floor-to-ceiling windows bring in an abundance of natural light and make the home feel bright, airy, and welcoming. An electric fireplace wrapped in modern tile serves as the centerpiece of the room, adding warmth, style, and a comfortable focal point to this impressive gathering space. The kitchen is truly stunning and offers the perfect blend of modern design and timeless detail. Raised cabinetry extends to the bulkhead, with modern taupe cabinets paired beautifully with black hardware, and modern light fixtures that bring a polished designer feel to the space. Crispt white quartz countertops, a large central island, built-in microwave, upgraded storage drawers, and a stand-alone hood fan complete the layout. The marble-style tile backsplash surrounds the hood fan and creates a striking feature wall that adds texture, elegance, and a high-end finish to the heart of the home. Upstairs, the thoughtful design continues with a central bonus room overlooking the main living space below. Thanks to the oversized two-storey windows, this area feels open, bright, and connected to the rest of the home. The upper level also includes three spacious bedrooms, a full bathroom, and convenient upper floor laundry. The primary retreat offers a comfortable escape at the end of the day, complete with a well-appointed ensuite featuring a step-in shower for a clean, spa-inspired feel. The lower level provides excellent future potential separate side entrance, giving you added flexibility to expand your living space over time or explore the possibility of a secondary suite(a secondary suite would be subject to approval & permitting by the city/municipality). Located in Mahogany, this home offers more than just a beautiful place to live, it offers one of Calgary’s most complete lifestyle communities. Known for its award-winning design, four-season lake, beaches, beach club, wetlands and so much more!
Property Taxes
$1,376/yr (2026)
Original Price
$799,900

Listing Information

MLS® NumberA2345213
StatusActive
List Price$774, 900
Original Price$799, 900
Days on Market44 days
OccupancyNew; Never Occupied

Property Details

Property TypeDetached
Architectural Style2 Storey
ZoningR-G
Above-Grade Sq Ft2, 124 sq ft
Year Built2026
Bedrooms3
Full Bathrooms3
Half Bathrooms1
Total Bathrooms3.5

Interior

BasementFull, Unfinished, Separate/Exterior Entry
FlooringCarpet, Vinyl Plank
Fireplaces1
HeatingForced Air, Natural Gas
Air ConditioningNone

Exterior & Parking

ExteriorCement Fiber Board, Stone, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking4
Patio / DeckNone

Site & Lot

Lot Size3, 379 sq ft
Lot Acres0.08 acres
Lot Width29.40
Lot FeaturesBack Yard, Level, No Back Lane, Rectangular Lot, Street Lighting, Zero Lot Line
Legal Description2510243;142;39

Inclusions

Dishwasher,Electric Stove,Microwave,Range Hood,Refrigerator

Room Dimensions

Main Level
Living Room12`10" × 10`5"
Dining Room12`7" × 8`11"
Kitchen12`10" × 10`5"
Flex Space9`10" × 12`1"
2pc Bathroom5`1" × 4`11"
Upper Level
Bonus Room11`0" × 13`6"
Bedroom - Primary14`6" × 12`6"
5pc Ensuite bath10`2" × 8`11"
Bedroom9`2" × 11`11"
Bedroom10`4" × 12`11"
5pc Bathroom10`6" × 4`11"
Laundry5`4" × 6`5"

Listing Office

Real Broker
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

What did similar homes here actually sell for?

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What stands out about this listing

  • Price changeAsking $774,900, down from $799,900 (3.1% lower). We have tracked it since 2026-09-16.
  • Time on marketOn the market 44 days. Detached homes that sold in Mahogany over October 2025 – September 2026 averaged 39 days.
  • Price per sq ft$365 per sq ft above grade at asking, about 5% below the $385 per sq ft median across 49 comparable active detached homes in Mahogany.

Worked out from this MLS® record, our published community data and the other active listings in Mahogany. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Where this price sits in Mahogany

Asking $774,900. That is about 2% above the $762,500 median sale price for detached homes in Mahogany over October 2025 – September 2026, across 245 recorded sales. Those sales took 39 days on the market on average. Across all home types, sellers in Mahogany got 99.8% of their asking price on average and the community was carrying 3.5 months of supply.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Divine Mercy SchoolCatholic (CCSD) · Elementary · 792 m · about 2 mins by carSchool website
  • Mahogany SchoolPublic (CBE) · Elementary · 840 m · about 2 mins by carSchool website
  • Joane Cardinal-Schubert High SchoolPublic (CBE) · Senior High · 2.2 km · about 6 mins by carSchool website
  • All Saints High SchoolCatholic (CCSD) · about 17 mins by carSchool website

Distances and drive times are measured from the centre of Mahogany, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Mahogany

DestinationBy carBy transit
Downtown Calgary28 mins1 hour 6 mins
University of Calgary29 mins1 hour 32 mins
Foothills Medical Centre29 mins1 hour 40 mins
Mount Royal University23 mins1 hour 25 mins
Calgary International Airport28 mins1 hour 45 mins
Westside Recreation Centre25 mins1 hour 35 mins

Off-peak estimates measured from the centre of Mahogany, not from this address. Live traffic varies.

Who lives in Mahogany

  • 13,860Population
  • 2.9Average household size
  • 86%Owner-occupied households
  • $142KMedian household income
  • 29%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Mahogany census profile →

Questions about this home

Is 87 Mercado Crescent SE for sale?

Yes. 87 Mercado Crescent SE in Mahogany is an active MLS® listing (MLS® A2345213). It has been on the market 44 days. Listing data last updated 2026-10-28.

What is the asking price of 87 Mercado Crescent SE?

87 Mercado Crescent SE in Mahogany is listed at $774,900.

How many bedrooms and bathrooms does 87 Mercado Crescent SE have?

87 Mercado Crescent SE in Mahogany has 3 bedrooms and 3.5 bathrooms. The listing records 2,124 sq ft above grade. It is a detached house.

How does the asking price of 87 Mercado Crescent SE compare with the Mahogany market?

Its $774,900 asking price is about 2% above the $762,500 median sale price for detached homes in Mahogany (October 2025 – September 2026, 245 sales). Medians are not adjusted for size, age or condition.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

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