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
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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

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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

BUNGALOWS FOR SALE IN STRATHCONA PARK CALGARY

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  • 127 Stratton Park SW in Calgary: Strathcona Park Detached for sale : MLS®# A2214591

    127 Stratton Park SW Strathcona Park Calgary T3H 2V3
    Main Photo: 127 Stratton Park SW in Calgary: Strathcona Park Detached for sale : MLS®# A2214591

    127 Stratton Park SW Calgary T3H 2V3 Strathcona Park

    $1,299,000
    Residential
    Status:
    Active
    MLS® Num:
    A2214591
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,036 sq. ft.
    Professionally Renovated Walkout Bungalow with Stunning City Views in Strathcona Park! Welcome to one of the finest homes on one of the best cul-de-sacs in sought-after Strathcona Park! This professionally renovated 4-bedroom, 3-bathroom walkout bungalow offers over 3,500 sq. ft. of luxurious living space and breathtaking views of downtown Calgary. From the moment you arrive, the 10/10 curb appeal sets the tone. Step inside and be "wow-ed" by the open-concept main floor, featuring a designer kitchen complete with a granite waterfall island, imported Italian tile backsplash, and top-tier appliances—a chef’s dream! The private dining room and cozy living room with a stunning f two storey wood burning fireplace are perfect for entertaining, while the panoramic city views make every moment feel special. Your private master retreat features its own balcony, a dream walk-in closet, and a spa-inspired ensuite with a soaker tub, double vanities, and a large walk-in shower finished in elegant Italian tile. A tucked-away home office/den with custom built-ins offers the perfect space for work or study. The fully developed walkout basement boasts a home theatre, games room, three spacious bedrooms, and a full bathroom—ideal for family living or hosting guests. Step outside to your huge, private backyard oasis with a fire pit area, perfect for summer nights roasting marshmallows under the stars. And don’t forget your private balcony, the ideal spot to dine al fresco while watching the fireworks light up downtown Calgary. Located within walking distance to Olympic Heights Elementary and John Costello School, this home combines convenience, comfort, and style like no other. Don’t miss out—call your favourite realtor today and book your private showing of this Strathcona Park gem! More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS

  • 184 Strathaven Circle SW in Calgary: Strathcona Park Semi Detached (Half Duplex) for sale : MLS®# A2208355

    184 Strathaven Circle SW Strathcona Park Calgary T3H 3G4
    Main Photo: 184 Strathaven Circle SW in Calgary: Strathcona Park Semi Detached (Half Duplex) for sale : MLS®# A2208355

    184 Strathaven Circle SW Calgary T3H 3G4 Strathcona Park

    $550,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208355
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,347 sq. ft.
    RARE OPPORTUNITY *** Walk-Out Villa” with DOUBLE attached garage in Strathcona. *** WALKING distance to community parks & pathways, local shopping, great pubs and eateries are all around. *** PLUS, it is only a 10 minute commute to downtown and has great access to all the major traffic arteries. TRULY a very desirable location and community along the west side! *** This is a large 2-bedroom 2-bathroom unit upstairs -AND- a third bedroom and bathroom downstairs. *** LOCATED just two doors from the beautiful double level Club House - called “the Villa” which is a great place to meet with your community friends and/or neighbours -OR- host your own family and/or friends function/s at a minimal charge. It is well equipped with kitchens up & down – lounge and dining areas – pool table and other games -PLUS- a large outdoor deck with city escarpment views and a covered patio deck: ALL this is included in your CONDO FEES! *** WALKING into this unit just feels like home. A good-sized living room with fireplace just off the front entrance, a formal dining area or office if need just off the kitchen, a very bright and airy kitchen & eating area with tons of natural light & a patio door to great bar-be-queuing deck. The primary bedroom is a nice size with ample closets and an full ensuite. The secondary bedroom has great views and good size closet. *** DOWNSTAIRS is a walkout basement, with a huge games room family room and patio doors to a cover deck area, There is a good size third bedroom with a full bathroom next door. *** LOADS of room for storage and a HOBBY room if you so desire. NOTE - this is an Age Restricted Community 55+ *** DON’T miss out – call your favorite Realtor to view - “CHECK-it-OUT” More details
    Listed by Real Broker
    LISTING DETAILS
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Data was last updated May 14, 2025 at 10:05 PM (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