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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4 Ravine Drive
NONE Heritage Pointe T1S 4H3

$899,000
Residential beds: 3 baths: 3.0 1,472 sq. ft. built: 1998

Main Photo: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 1: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 2: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 3: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 4: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 5: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 6: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 7: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 8: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 9: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 10: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 11: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 12: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 13: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 14: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 15: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 16: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 17: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 18: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 19: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 20: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 21: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 22: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 23: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 24: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 25: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 26: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 27: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
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Photo 29: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
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Photo 41: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 42: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 43: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 44: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 45: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 46: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Photo 47: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
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Photo 50: 4 Ravine Drive: Heritage Pointe Semi Detached (Half Duplex) for sale : MLS®# A2223312
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2223312
Bedrooms:
3
Bathrooms:
3
Year Built:
1998
Welcome to 4 Ravine Drive. Step into this stunning walkout bungalow villa nestled in the prestigious and serene community of Heritage Pointe, where refined living meets timeless elegance. Backing onto a protected environmental reserve, this home offers unobstructed south-facing views of a lush, mature treed ravine—guaranteeing privacy and tranquility for years to come. Inside, you’ll be greeted by a thoughtfully designed open-concept floor plan bathed in natural light from floor-to-ceiling windows and vaulted ceilings that elevate the grandeur of the living space. The main living room features a cozy gas fireplace and flows seamlessly into an elegant formal dining area, perfect for hosting. At the heart of the home is the gourmet chef’s kitchen, fully renovated and loaded with functionality and style. Enjoy granite countertops, KitchenAid stainless steel appliances, a cooktop, wall oven, a built-in microwave, and clever custom storage solutions including pull-out spice racks and slide-out shelves. The main floor primary retreat is a true sanctuary, offering a spacious bedroom with a three-sided gas fireplace, a walk-in closet, and a luxurious ensuite. Thoughtful features include a custom dual-sized linen closet that connects the ensuite to the main floor laundry room for ultimate convenience. Additional highlights on the main level include a dedicated office/den perfect for working from home, beautiful oak hardwood floors in excellent condition, upgraded window coverings, central air conditioning, water softener, and vacuflo system. The walkout lower level expands your living space with a massive recreation/family room, two generous bedrooms, a full bathroom, and a covered patio for year-round enjoyment of the surrounding nature. Additional features: two new hot water tanks (May 2022), built-in storage in the double attached garage, south-facing deck and patio overlooking the untouched ravine, mature landscaping and tree-lined backdrop ensure ultimate peace and privacy. Situated just minutes from south Calgary’s best amenities, top golf courses, Launch Pad, and the South Health Campus, this villa offers the rare blend of luxury, nature, and convenience.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Bare Land Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
1,472 sq. ft.
Main Level Finished Area:
1,472 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,380 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$595.00
Condo Fee Includes:
Common Area Maintenance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Includes:
Lot Area:
5,249 sq. ft.
Lot Frontage:
43'7"
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:
North
Reg. Size:
Reg. Size Includes:
Entry Level:
0
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
1998 (Age: 27)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9810562
Heating:
Forced Air, Natural Gas
Basement:
Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas, Living Room, Primary Bedroom
Water Supply:
Public
Sewer:
Public Sewer
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
NONE
None
Bar Fridge, Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Induction Cooktop, Microwave, Refrigerator, Washer, Water Softener, Window Coverings
N/A
None Known
Yes
Floor
Type
Size
Other
Main Floor
Dining Room
11'5" × 9'4"
Main Floor
Foyer
14' × 6'9"
Main Floor
Kitchen
11'5" × 10'1"
Main Floor
Laundry
15'8" × 9'2"
Main Floor
Living Room
18'10" × 16'11"
Main Floor
Office
11'2" × 9'8"
Main Floor
Bedroom - Primary
13'7" × 13'4"
Main Floor
Walk-In Closet
9' × 6'8"
Basement
Bedroom
16'6" × 10'6"
Basement
Bedroom
12'3" × 9'7"
Basement
Office
13'4" × 11'3"
Basement
Game Room
22'1" × 21'10"
Basement
Storage
9'3" × 7'9"
Basement
Furnace/Utility Room
17'5" × 10'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 8'6"
Main Floor
Yes
4
11'8" x 9'1"
Basement
No
4
4'11" x 8'6"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Gated, Golf, Schools Nearby
Interior Features:
Breakfast Bar, Built-in Features, Central Vacuum, Closet Organizers, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Private Entrance
Patio And Porch Features:
Balcony(s), Patio
Lot Features:
Backs on to Park/Green Space, Landscaped, No Neighbours Behind, Views
Num. of Parcels:
0
Fencing:
None
Nearest Town:
Calgary
Region:
Foothills County
Zoning:
RC
Listed Date:
May 23, 2025
Days on Mkt:
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    thoughtful storage in complete custom cabinetry
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    endless space for spices
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    main floor laundry and large mud room off garage
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    plenty of closet space and storage
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    basement hobby / multi purpose room
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    basement bedroom #1
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    basement bedroom #2
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    full basement bathroom
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Listed by RE/MAX First
Data was last updated June 20, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,747,450
Min list price:
$899,000
Max list price:
$3,975,000
Avg days on market:
44
Min days on market:
4
Max days on market:
297
Avg price per sq.ft.:
$649.14
These statistics are generated based on the current listing's property type and located in Heritage Pointe. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA