Discover Affordable Mahogany Homes for Sale Under $500,000 in Calgary (Updated Daily)

Mahogany, the vibrant and desirable community in Calgary, is not just known for its luxurious lakefront properties. The neighborhood also offers a selection of homes for sale under $500,000, providing an excellent opportunity for first-time homebuyers, young families, and those seeking more affordable options without compromising on the Mahogany lifestyle.

Highlights of Mahogany Homes Under $500,000 in Calgary

  1. Lakeside Living at a Lower Price Point: While Mahogany is renowned for its premium lakefront homes, the community also features more affordable options, allowing residents to enjoy the benefits of lakeside living without breaking the bank.

  2. Diverse Home Styles: The homes for sale under $500,000 in Mahogany come in a variety of styles, including townhouses, semi-detached, and compact single-family residences, catering to diverse homebuyer needs and preferences.

  3. Functional and Efficient Layouts: These more affordable Mahogany homes often feature well-designed floor plans that maximize living space, with open-concept living areas, ample storage, and thoughtful use of square footage.

  4. Modern Finishes and Amenities: Even at the lower price point, the Mahogany homes under $500,000 boast contemporary finishes, such as stainless steel appliances, quartz or granite countertops, and energy-efficient features, providing a sense of quality and comfort.

  5. Access to Community Amenities: Regardless of the home's price, Mahogany residents enjoy full access to the community's exceptional amenities, including the 49-acre lake, parks, walking trails, recreation centers, and a vibrant commercial district.

  6. Ideal for First-Time Homebuyers: The Mahogany homes under $500,000 represent an excellent entry point into the Calgary real estate market, allowing first-time homebuyers to establish a foothold in a highly desirable community.

  7. Investment Potential: With Mahogany's reputation for growth, desirability, and continuous development, these more affordable homes can offer strong long-term investment opportunities for homeowners.

  8. Convenient Location: Mahogany's strategic location provides easy access to major transportation routes, employment hubs, and a variety of recreational and leisure options, making it an attractive choice for a wide range of homebuyers.

Work with a Trusted Real Estate Professional

To explore the available Mahogany homes for sale under $500,000 in Calgary, we recommend partnering with a seasoned real estate expert like Diane Richardson. Diane's deep understanding of the local market and commitment to personalized service will ensure you find the perfect home that aligns with your budget, lifestyle, and investment goals.

Contact Diane Richardson:
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Discover the Affordable Allure of Mahogany, Calgary

Explore the captivating Mahogany homes for sale under $500,000 in Calgary, where lakeside living, modern amenities, and exceptional value converge. Partner with Diane Richardson to find your dream home in this vibrant and desirable community.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

$200,000 - $375,000 $500,000 - $600,000 $800,000 - $900,000
$350,000 - $500,000 $600,000 - $700,000 $900,000 -
$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

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MAHOGANY TOWNHOMES FOR SALE BUNGALOWS FOR SALE IN MAHOGANY

There are several ways to contact Diane Richardson:

  1. Contact form: Fill out the contact form on my website to send me a message directly from the page. Please include your name, email address, and a message, along with the property address or MLS® number for the listing you're interested in.

  2. Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.

  4. Live chat: Utilize the live chat feature on my website to get in touch with me in real-time and receive immediate answers to your questions.

No matter which method you choose, I'm always here to assist you with your real estate needs.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Acadia

Riverview Homes Cochrane

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  • 42 Riverview Drive: Cochrane Detached for sale : MLS®# A2197446

    42 Riverview Drive Cochrane Cochrane T4C 1K1
    Main Photo: 42 Riverview Drive: Cochrane Detached for sale : MLS®# A2197446

    42 Riverview Drive Cochrane T4C 1K1 Cochrane

    $744,900
    Residential
    Status:
    Active
    MLS® Num:
    A2197446
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,663 sq. ft.
    Riverview Beauty ! This Lovely, Fully Finished 3 Level Split Home has been Impeccably Maintained and Updated over the years. New Siding, Soffits, Eavestroughs, Roof, Triple paned Polar UV windows ,Fiberglass front and back doors with Keywest locks , Sliding glass door, Interior Freshly painted , Quartz Counters, Composite Decking on the 2 Level Deck, Rubber paving in the Garage and Walkway Hot Water tank , Furnace, Gemstone Exterior Lighting, Heated floor in main bathroom, Poly B Removal the list goes on and on ! All of this and an Amazing Location as well ! Greenspace /Golf course off your Fenced Backyard with 2 Level Composite decks. Riverview offers Walking Paths and Biking Trails along the Beautiful Bow River. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 7 Riverview Circle: Cochrane Detached for sale : MLS®# A2215186

    7 Riverview Circle Cochrane Cochrane T4C 1K2
    Main Photo: 7 Riverview Circle: Cochrane Detached for sale : MLS®# A2215186

    7 Riverview Circle Cochrane T4C 1K2 Cochrane

    $724,900
    Residential
    Status:
    Active
    MLS® Num:
    A2215186
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,742 sq. ft.
    BACKING ON THE GOLF COURSE! Welcome to this beautifully updated 5-bedroom, 3.5-bathroom two-storey home nestled in the heart of Riverview—one of Cochrane’s most sought-after communities. Situated on a quiet street with great neighbours and easy access to parks, riverside paths, and an excellent golf course, this spacious family home offers exceptional upgrades and move-in ready comfort. Step inside and immediately appreciate the warmth and efficiency of all new luxury triple-pane windows and doors, rich hardwood floors, and LED lighting throughout the home. The main level features a large living space, including a separate living rm and dining area, spacious kitchen, adjacent family room with Wood burning firplace, and a combo main floor laundry/2 pce bath. Upstairs, an expansive master bedroom welcomes you with a charming bay window, a generous walk-in closet, and a luxurious 4-piece ensuite complete with a jetted soaker tub, tiled floors, and separate shower. You’ll also find two additional bedrooms and a renovated 3-piece bathroom up, while the fully developed (and freshly painted) basement is perfect for entertaining or relaxing. Enjoy movie nights in the dedicated media/rec room, with an A/V cabinet built around the electrical panel—a turnkey home theatre setup (theater chairs and platform could be available for purchase). The lower level also features two additional bedrooms (one with a walk-in closet), a modern 3-piece bathroom, and thoughtful sound insulation between floors for added privacy. The home’s systems are just as impressive, with a subfloor below the basement flooring, Cat 5e wiring to multiple rooms, a mechanical damper on the furnace, and a plumbing pressure limiter also installed . The hot water tank was replaced in 2014, and all toilets have been upgraded to efficient low-flow models. Outside, enjoy a well-maintained yard, huge 2 tiered deck and an available hot tub that’s been overhauled with new pumps, controls, and a cover—also potentially available for sale. The double attached garage is heated, insulated, and offers overhead storage, making it the perfect year-round workspace or storage area. Topped off with new shingles installed in 2018, this home offers peace of mind for years to come. Don't miss your chance to live in a welcoming neighbourhood, in a home that's been carefully updated and thoughtfully maintained, with privacy and views right out your back door. Make your appointment to view today. More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS
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Data was last updated May 14, 2025 at 08:05 AM (UTC)
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.
Diane Richardson
Cell: 403-397-3706