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.

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.

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NEXT Open House + more
May 31, 2025 01:00 PM - 04:00 PM MDT

47 Cranbrook Gardens SE
Cranston Calgary T3M 2X5

$684,900
Residential beds: 3 baths: 3.0 1,801 sq. ft. built: 2021

Main Photo: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 1: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 2: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 3: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 4: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 5: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 6: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Photo 7: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
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Photo 37: 47 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2205180
Open House - May 31, 2025
01:00 PM - 04:00 PM MDT
NOTES: Open House on Saturday, May 31, 2025 1:00PM - 4:00PM
Open House - Jun 01, 2025
02:00 PM - 04:00 PM MDT
NOTES: Open House on Sunday, June 1, 2025 2:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2205180
Bedrooms:
3
Bathrooms:
3
Year Built:
2021
Welcome to this beautifully designed 3-bedroom, 2.5-bathroom home in the highly sought-after community of Cranston’s Riverstone! Built in 2021, this modern residence perfectly blends style and functionality, featuring stainless steel appliances, sleek laminate flooring, and an open-concept, multi-level layout—ideal for both everyday living and entertaining. The bright and spacious kitchen boasts granite countertops, a large island, and ample cabinetry, seamlessly flowing into the inviting living and dining area. Upstairs, you'll find a generous bonus room and convenient second-floor laundry. The primary suite is a true retreat, located on the top level, featuring a spa-like ensuite and walk-in closet. Two additional bedrooms provide plenty of space for family or guests, and a second full bathroom completes this floor. Enjoy the convenience of an unfinished walk-out basement, ready for your personal touch—whether it’s a home gym, recreation room, or additional living space. Nestled in Cranston’s Riverstone, you’ll love being surrounded by nature, with easy access to walking paths, parks, and the Bow River. Don’t miss this opportunity to call this incredible home yours—schedule a viewing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,800.6 sq. ft.
Main Level Finished Area:
761 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
3,218 sq. ft.
Lot Frontage:
23'9½"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
East
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2021 (Age: 4)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1811942
Heating:
Forced Air
Basement:
Full, Unfinished, Walk-Out To Grade
Foundation:
Poured Concrete, Wood
Builder:
Brookfield
New Constr.:
No
Construction Material:
Cement Fiber Board
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$495.00
Cranston
Clubhouse, Racquet Courts, Recreation Facilities
Dishwasher, Dryer, Garage Control(s), Garburator, Gas Oven, Gas Stove, Microwave, Refrigerator, Washer, Window Coverings
N/A
Easement Registered On Title, Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Entrance
10'3" × 7'7"
Main Floor
Balcony
19'5" × 9'8"
Main Floor
Living/Dining Room Combination
18'11" × 12'10"
Main Floor
Kitchen
15'11" × 14'8"
Main Floor
Other
4'10" × 3'
2nd Floor
Bedroom - Primary
13'11" × 11'10"
2nd Floor
Walk-In Closet
7'9" × 5'
2nd Floor
Bedroom
9'11" × 9'5"
2nd Floor
Bedroom
9'11" × 9'10"
2nd Floor
Bonus Room
13'1" × 10'11"
2nd Floor
Laundry
10'1" × 6'2"
Basement
Other
30'11" × 17'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2'11" x 7'5"
2nd Floor
Yes
5
6'9" x 16'4"
2nd Floor
No
4
4'11" x 8'2"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Soaking Tub, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Yard
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Mar 27, 2025
Days on Mkt:
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Listed by Keller Williams BOLD Realty
Data was last updated May 28, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
97
Avg list price:
$684,900
Min list price:
$254,500
Max list price:
$1,960,000
Avg days on market:
26
Min days on market:
1
Max days on market:
132
Avg price per sq.ft.:
$411.16
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706