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
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
| MAHOGANY DETACHED HOMES FOR SALE | MAHOGANY CONDOS FOR SALE |
| MAHOGANY TOWNHOMES FOR SALE | BUNGALOWS FOR SALE IN MAHOGANY |
There are several ways to contact Diane Richardson:
-
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.
-
Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
-
Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
-
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.
The Cove Chestermere
-
108 Cove Road: Chestermere Detached for sale : MLS®# A2222484
108 Cove Road Chestermere T1X 1G1 OPEN HOUSE: May 31, 202501:00 PM - 04:00 PM MDTOpen House on Saturday, May 31, 2025 1:00PM - 4:00PM
$919,999Residential- Status:
- Active
- MLS® Num:
- A2222484
- Bedrooms:
- 7
- Bathrooms:
- 4
- Floor Area:
- 3,026 sq. ft.
| OPEN HOUSE MAY 24, MAY 25 4:30PM-6:30PM | Welcome to this beautifully updated 7-bedroom, 3.5-bathroom home at 108 Cove Road, just a short stroll from the peaceful shores of Chestermere Lake. With over 4,300 square feet of living space and more than $100,000 invested in renovations, this property is ideal for families or as an investment with a fully equipped basement illegal suite. Upon entering, you'll find a bright, open-concept design that creates an airy feel in the living and dining areas. The gourmet kitchen is a standout, featuring sleek quartz countertops, stainless steel appliances, and a spacious island that opens to a fantastic outdoor deck—perfect for gatherings! Recent enhancements include stylish flooring, modern lighting fixtures, and elegant bathroom upgrades, all adding to the home’s appeal. The inviting living area sets a cozy tone for family get-togethers and entertaining. Upstairs, the primary suite offers a luxurious escape, complete with a spa-like ensuite featuring a deep soaking tub, separate shower, dual sinks, and a generous walk-in closet. Two additional bedrooms and a full bathroom provide ample space for family and guests. The fully finished walk-out basement is a remarkable feature, boasting a large recreation room, three sizeable bedrooms, and a full bathroom, all with private access to the backyard. Outside, the spacious backyard is perfect for outdoor activities and relaxation, while the double attached garage offers plenty of parking and storage. Situated in one of Chestermere’s most sought-after neighborhoods, you’ll enjoy easy access to shopping, dining, and recreational amenities. Don’t miss this fantastic opportunity—schedule your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
-
328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
328 COVE Road Chestermere T1X 1L5
$749,900Residential- Status:
- Active
- MLS® Num:
- A2172832
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,443 sq. ft.
Welcome to 328 Cove Road! This stunning bungalow offers a fully developed walk-out basement, providing both functionality and charm. With three spacious bedrooms—two on the main floor and one in the lower level, this home is designed for comfort. Step inside to an open-concept main floor featuring a front flex room, perfect for those working from home. The upgraded kitchen is a chef’s dream, boasting stainless steel appliances, a large kitchen island, and ample cupboard and counter space, making meal prep effortless. The dining area offers plenty of room for gatherings, while the three-way fireplace sets a cozy ambiance throughout the living space. The primary suite is a retreat of its own, featuring a private ensuite and walk-in closet. A second bedroom and a full bath complete this level. Downstairs, the fully developed walk-out basement shines with a spacious recreation room and a stylish bar area, perfect for entertaining guests. The third bedroom and an additional three-piece bathroom complete with a steam shower, provide extra comfort and convenience. One of the home’s standout features is the sunroom, offering a bright and inviting space for relaxation. Whether you’re hosting, working, or simply unwinding, this home checks all the boxes! An added bonus is the 'Energy Efficient' tankless hot water heater! More detailsListed by Stonemere Real Estate Solutions- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
-
418 Cove Road: Chestermere Detached for sale : MLS®# A2216241
418 Cove Road Chestermere T1X 1J7
$735,000Residential- Status:
- Active
- MLS® Num:
- A2216241
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 2,160 sq. ft.
Discover this beautifully renovated 2-storey walkout home, thoughtfully upgraded and move-in ready! With over 2,140 sq ft of finished living space and a spacious unfinished walkout basement, this home offers incredible value in one of Chestermere’s most desirable neighbourhoods—just steps from the lake, private residents’ beach, parks, shopping, and schools. ? Highlights of the Home: Fully renovated with modern finishes throughout Stucco exterior for timeless curb appeal 3 spacious bedrooms + bonus room + main floor office/den Engineered hardwood flooring and stylish quartz countertops Large chef’s kitchen with centre island, breakfast bar, and pantry Cozy gas fireplaces on both the main and upper floors Oversized bonus room perfect for family movie nights Luxurious primary suite with jetted soaker tub and separate shower Large mudroom with convenient main floor laundry Walkout basement ready for your personal touch Enjoy outdoor living on the upper deck or lower patio, both overlooking a huge fenced backyard complete with a built-in firepit—ideal for entertaining or relaxing under the stars. ?? Location, Location, Location! Enjoy a quick 5-minute walk to Chestermere’s private beach, scenic walking paths, and local hot spots like Dockside Bar & Grill. Within minutes of Prairie Waters Elementary, Chestermere Lake Middle School, and a short 10-minute drive to East Hills Shopping Centre, Costco, and Walmart. You’re also just 10 minutes from Calgary city limits and 30 minutes from downtown. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
-
422 Cove Road: Chestermere Detached for sale : MLS®# A2225007
422 Cove Road Chestermere T1X 1J7
$688,800Residential- Status:
- Active
- MLS® Num:
- A2225007
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,465 sq. ft.
5 Bedrooms | 3 Full Bathrooms | Walkout Basement |Large deck and walkout patio| New Roof & Hot Water Tank (2024) Welcome to this beautiful and spacious family home nestled in one of Chestermere’s most desirable lake communities! Just a short walk to the lake with beach access, scenic walking and biking paths, and only minutes from major highways and shopping centers – the location is unbeatable! Step inside to find over 2,700 sq ft of total living space featuring soaring high ceilings throughout and 5 generously sized bedrooms. The main floor offers a bright and airy living room with rich hardwood flooring, a cozy fireplace, and a stunning south-facing picture window that floods the space with natural light. There is also a convenient bedroom on the main level—perfect for guests or a home office. The primary suite is a private retreat with a 4-piece ensuite featuring a corner soaker tub, separate shower, walk-in closet, and private access to the deck—ideal for morning coffee or relaxing evenings. Upstairs, you’ll find an additional bedroom and a full 4-piece bathroom just down the hall. The fully finished walkout basement boasts an extra 900 sq ft of living space with soaring ceilings, making it perfect for a media room, home gym, or recreation space. This is an affordable and move-in-ready home with incredible value in Chestermere’s lakeside lifestyle. A must-see opportunity—don’t miss your chance to make this your dream home! More detailsListed by Skyrock- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
-
111 Cove Crescent: Chestermere Detached for sale : MLS®# A2215573
111 Cove Crescent Chestermere T1X 1J5
$625,000Residential- Status:
- Active
- MLS® Num:
- A2215573
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,464 sq. ft.
Tucked into the heart of The Cove—one of Chestermere’s most beloved lakeside communities—this beautifully maintained bungalow offers timeless style, functional space, and a location that embraces both serenity and recreation. Set on a landscaped lot with a south-facing backyard, this 3-bedroom, 3-bathroom home welcomes you with soaring vaulted ceilings, rich hardwood floors, and a bright open-concept layout designed for everyday living and easy entertaining. The spacious living room features a cozy gas fireplace, while the kitchen is thoughtfully appointed with quartz countertops, ample cabinetry, a corner pantry, and a large island with seating. A flexible front lifestyle room can be used as a formal dining space, office, or music room. The private primary suite includes garden door access to the back deck—perfect for quiet mornings—and a relaxing ensuite with a jetted tub and separate shower. Downstairs, the partially finished basement features a third bedroom, full bath, and workstation, with sunshine windows and plenty of room to expand. Outside, enjoy the privacy of your fenced yard and the convenience of an attached double garage and concrete driveway. Best of all, you’re just a short walk to the lake, tennis courts, parks, and pathways—ideal for anyone who loves an active, connected lifestyle. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
