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.

Lakeside Greens Chestermere

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  • 33 LAKESIDE GREENS CLOSE: Chestermere Detached for sale : MLS®# A2229038

    33 LAKESIDE GREENS CLOSE Chestermere Chestermere T1X 1C2
    OPEN HOUSE: Jun 14, 2025
    11:00 AM - 01:00 PM MDT
    Open House on Saturday, June 14, 2025 11:00AM - 1:00PM
    Main Photo: 33 LAKESIDE GREENS CLOSE: Chestermere Detached for sale : MLS®# A2229038
    $979,900
    Residential
    Status:
    Active
    MLS® Num:
    A2229038
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,549 sq. ft.
    Welcome to 33 Lakeside Greens Close in Chestermere – a beautifully upgraded home backing onto the golf course and just minutes from the lake. As you enter, you're greeted by a granite tile foyer, a grand curved staircase, and a formal living and dining area—perfect for hosting unforgettable gatherings. The space flows effortlessly into the kitchen featuring an induction range, casual dining area, and cozy family room, which opens to your private balcony where you can unwind with peaceful golf course views. The main floor also features a bedroom ideal for a home office, as well as a laundry/mudroom conveniently located just off the attached garage. Upstairs, follow the custom stair runners to the serene primary retreat, complete with a walk-in closet and a lavish 5-piece ensuite showcasing over $100,000 in upgrades—including heated floors, granite countertops, granite backsplash along the soaker tub, and a granite steam shower for the ultimate spa-like experience. Two additional bedrooms and a vaulted-ceiling bonus room with architectural charm complete the upper level. The fully finished walkout basement offers an expansive recreation space with a third fireplace, a separate side entrance, and sliding doors leading to a beautifully landscaped patio with stunning views of Hole 14 at Lakeside Golf Club. You’ll also find a fifth bedroom, a 3-piece bathroom, a cold room ideal for wine storage or pantry use, and a spacious mechanical room with two high-efficiency furnaces and updated plumbing—this is a Poly-B–free home! Additional highlights include a WiFi-enabled irrigation system to maintain the massive pie-shaped lot, Euroshield rubber shingles with a 50-year hail and wind warranty, two AC units, and triple pane windows fitted with Hunter Douglas blinds throughout the home. This one-of-a-kind home in the sought-after Lakeside Greens community offers luxury, comfort, and lifestyle—all in one perfect package. Don’t miss your chance to experience it for yourself. More details
    Listed by Real Broker
  • 220 Lakeside Greens Drive: Chestermere Detached for sale : MLS®# A2219011

    220 Lakeside Greens Drive Chestermere Chestermere T1X 1C5
    Main Photo: 220 Lakeside Greens Drive: Chestermere Detached for sale : MLS®# A2219011
    $849,900
    Residential
    Status:
    Active
    MLS® Num:
    A2219011
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,050 sq. ft.
    Perfectly positioned on one of the best lots in Lakeside Greens, this fully renovated walkout home backs directly onto the tee box of Hole #4—offering uninterrupted golf course views without the worry of balls in your yard. Enjoy front-row access to lush fairways, mountain views, and serene water features, all from the comfort of your expansive backyard or upper deck. Inside, the home impresses from the start. A vaulted ceiling runs the entire north side, creating a bright and airy feel from the oversized front entry to the formal living and dining rooms. Large windows fill the space with natural light, while rich hardwood floors are paired with 24x24 marble-style tiles at the front and rear entrances for a refined, high-end look. At the back of the home, the kitchen has been fully reimagined with modern white cabinets, quartz counters, hammered-glass subway backsplash laid vertically, stainless steel appliances, a central island with bar seating, and sleek modern hardware. The breakfast nook offers the perfect vantage point to take in the incredible views, while the adjacent family room features a cozy gas fireplace with custom wood detailing. Upstairs you'll find luxury vinyl plank flooring throughout and three spacious bedrooms, including a stunning primary suite with full golf course views, a renovated 4-piece ensuite with dual sinks, and a walk-in closet complete with built-ins. The two front bedrooms are serviced by a fully updated 4-piece main bathroom. The finished walkout basement offers even more space with a large rec room, full kitchenette/wet bar, a third gas fireplace with a marble surround, and a fourth bedroom featuring a built-in desk, proper egress window, and closet. There's also a fully renovated 4-piece bathroom with heated floors. Double French doors lead to a dedicated golf cart storage area and a gated path with direct access to the course. Additional highlights include epoxy flooring in the double garage with an EV charger, complete removal of Poly-B plumbing, central A/C, Gemstone exterior lighting, a high-efficiency furnace (2022), hot water tank (2020), and brand-new windows throughout the entire home (over $30,000 in value). A garden shed, side-yard access, and stairs leading from the upper deck to the yard complete the package. Located on a quiet drive street just down the street from Lakeside Greens Clubhouse & Pro Shop, this home delivers the ultimate in golf course living—combining incredible views, thoughtful renovations, and a functional layout in one of the area’s most desirable settings. More details
    Listed by Real Broker
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Data was last updated June 10, 2025 at 08:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706