Welcome to this meticulously upgraded bungalow located in the award-winning lake community of Mahogany. This stunning home features 10-foot ceilings and an open floor plan, perfect for entertaining. The kitchen is designed as the heart of the home and includes a 15-foot waterfall island, under-cabinet lighting, upgraded cabinetry, a 6-burner gas range, and a custom-crafted banquette by Denca. The living area centers around a floor-to-ceiling stone fireplace, creating a cozy focal point for gatherings, and offers custom designer window treatments on the 9-foot solid core sliding doors that lead out to the beautiful balcony spanning the width of the home. The primary bedroom offers private access to the outside and views of the lake, and the ensuite bathroom showcases stunning floor-to-ceiling tile, a floating vanity with dual sinks, undermount lighting, and a large freestanding soaker tub. Custom closet cabinetry and a solid core pocket door add functionality and elegance to the space. The main floor is complete with a second bedroom/office, full bathroom, and a spacious laundry room with ample storage. The lower level features a walk-out basement with a professionally designed theater room that includes a 120-inch projector screen and built-in speakers, ideal for entertaining. Two additional bedrooms, a third bathroom, and storage complete the home. The exterior impresses with professionally landscaped grounds, stamped concrete patio and pathway, and Astroturf for low-maintenance elegance. Landscape lighting illuminates the exterior and showcases the 11 mature Swedish Aspen trees, providing privacy and a beautiful outdoor space. The balcony offers additional space for enjoying the outdoors and comes equipped with three gas lines for your bbq, fire table, and heater. This home truly exemplifies modern comfort and style in one of Calgary's most desirable neighborhoods. Don't miss the opportunity to make this exceptional property your own.