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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328 COVE Road
The Cove Chestermere T1X 1L5

$749,900
Residential beds: 3 baths: 3.0 1,443 sq. ft. built: 2002

Welcome to 328 Cove Road!
Photo 1: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 2: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 3: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 4: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 5: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 6: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 7: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 8: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 9: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 10: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 11: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 12: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 13: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 14: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 15: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 16: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 17: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 18: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 19: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 20: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
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Photo 22: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 23: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 24: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 25: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 26: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 27: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 28: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 29: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 30: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 31: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
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Photo 33: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 34: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 35: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
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Photo 37: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 38: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 39: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 40: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 41: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 42: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 43: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 44: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 45: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 46: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 47: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 48: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 49: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Photo 50: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2172832
Bedrooms:
3
Bathrooms:
3
Year Built:
2002
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!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,442.9 sq. ft.
Main Level Finished Area:
1,442.9 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,255 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Daily
HOA Fee Includes:
Lot Area:
5,317 sq. ft.
Lot Frontage:
49'3"
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:
One
Total Rooms Above Grade:
5
Year built:
2002 (Age: 23)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0110671
Heating:
Fireplace(s), Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Heated Garage
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Lower Level
The Cove
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Shed, Garage Heater
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Entrance
9'5" × 6'7"
Main Floor
Living Room
15'3" × 11'11"
Main Floor
Kitchen
15'4" × 12'
Main Floor
Breakfast Nook
15'3" × 10'
Main Floor
Pantry
3'8" × 3'8"
Main Floor
Dining Room
12'11" × 9'3"
Main Floor
Bedroom - Primary
12'11" × 11'8"
Main Floor
Bedroom
11'7" × 10'4"
Basement
Storage
10'8" × 4'9"
Basement
Flex Space
14'3" × 12'10"
Basement
Family Room
12'2" × 11'11"
Basement
Game Room
20'3" × 14'6"
Basement
Bedroom
16'6" × 11'1"
Basement
Laundry
9'7" × 7'7"
Basement
Sunroom/Solarium
19'1" × 9'3"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
10'2" x 8'2"
Main Floor
No
4
4'11" x 9'4"
Basement
No
4
11'7" x 11'1"
Title to Land:
Fee Simple
Community Features:
Fishing, Golf, Lake, Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Separate Entrance, Vaulted Ceiling(s), Walk-In Closet(s), Tankless Hot Water
Exterior Features:
None
Patio And Porch Features:
Deck, Enclosed, Front Porch, Patio
Lot Features:
Front Yard, Landscaped, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Chestermere
Zoning:
R1
Listed Date:
May 03, 2025
Days on Mkt:
  • Photo 1: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Welcome to 328 Cove Road!
  • Photo 2: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Fully developed walk out basement!
  • Photo 3: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Spacious foyer to greet your guests!
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  • Photo 5: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Main floor flex room!!
  • Photo 6: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Natural light flows throughout this beautiful home!
  • Photo 7: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Open floor plan!
  • Photo 8: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Stunning kitchen!
  • Photo 9: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Beautiful kitchen island!
  • Photo 10: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Beautifully upgraded Quartz Countertops!
  • Photo 11: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Upgraded light fixtures! Freshly painted!
  • Photo 12: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Upgraded Stainless Steel Appliances!
  • Photo 13: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Spacious and open main floor!
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    Plenty of room for your dining table!
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  • Photo 17: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Bright and open living room!
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  • Photo 19: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Another view of the living room!
  • Photo 20: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The primary bedroom offers plenty of room for your furniture!
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  • Photo 23: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The primary bedroom has its own ensuite!
  • Photo 24: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Separate shower and separate tub!
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  • Photo 27: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The second bedroom on the main floor!
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  • Photo 29: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The main floor bath!
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  • Photo 34: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The lower level walk out is fully developed!
  • Photo 35: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The fully developed basement offers additional living space!
  • Photo 36: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
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  • Photo 37: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The bar is great for entertaining family and friends!
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  • Photo 40: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    The third bedroom in the lower walk out level!
  • Photo 41: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Lower level three piece bath!
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    Enclosed sun room!!
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  • Photo 46: 328 COVE Road: Chestermere Detached for sale : MLS®# A2172832
    Sunny west facing backyard!
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Listed by Stonemere Real Estate Solutions
Data was last updated June 20, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
254
Avg list price:
$659,450
Min list price:
$268,800
Max list price:
$2,398,000
Avg days on market:
35
Min days on market:
1
Max days on market:
441
Avg price per sq.ft.:
$366.28
These statistics are generated based on the current listing's property type and located in Chestermere. 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