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.

Legacy Homes for sale in Calgary priced from $900,000 to $1,000,000

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  • 87 Legacy Glen Terrace SE in Calgary: Legacy Detached for sale : MLS®# A2225249

    87 Legacy Glen Terrace SE Legacy Calgary T2X 3Z1
    Main Photo: 87 Legacy Glen Terrace SE in Calgary: Legacy Detached for sale : MLS®# A2225249
    $979,900
    Residential
    Status:
    Active
    MLS® Num:
    A2225249
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,645 sq. ft.
    Welcome to this gorgeous family home nestled in the desirable community of Legacy. This luxurious home is meticulously designed for comfort and convenience, showcasing exquisite finishes in every corner. Spanning over 3,560 square feet of contemporary living space, this home features a total of 6 bedrooms, plus a spacious bonus room. Open floor plan with beautiful vinyl plank flooring that flows throughout the main and upper levels, complemented by fresh paint across all three floors. The main floor & basement are 9-foot ceilings, enhanced by pot lighting and elegant light fixtures that create a warm and inviting atmosphere. The jaw-dropping kitchen is a true highlight, featuring a butler's pantry and adorned with two-story light fixtures, abundant premium cabinetry, and stunning quartz countertops. Equipped with a built-in stainless steel appliance package, this kitchen also includes a massive single-level island, perfect for dining and entertaining. The South-facing living and dining rooms are flooded with natural light, creating a bright and airy space for family gatherings. On the second level, you'll find four generously sized bedrooms, along with the versatile bonus room and a convenient laundry room The large primary bedroom is a luxurious retreat, complete with a 5-piece ensuite featuring a deep jetted tub, freestanding shower, double vanity, and a spacious walk-in closet. The beautifully developed basement adds even more living space, offering a family room, two additional bedrooms, a recreation room, and a full bathroom. This home is equipped with a double furnace, CENTRAL AIR CONDITIONING, a tankless hot water supply, and a WATER FILTRATION SYSTEM for your convenience. Most of the light switches in the house are SENSOR CONTROLLED. Step outside to the landscaped and fenced backyard, which features a good-sized deck fitted with a gas line for your BBQ, making for a perfect outdoor entertaining., Don't miss the opportunity to make this amazing home yours! More details
    Listed by Century 21 Bamber Realty LTD.
  • 9 Legacy Woods Place SE in Calgary: Legacy Detached for sale : MLS®# A2224086

    9 Legacy Woods Place SE Legacy Calgary T2X 2B5
    Main Photo: 9 Legacy Woods Place SE in Calgary: Legacy Detached for sale : MLS®# A2224086
    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2224086
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,410 sq. ft.
    #Open House: Sunday, May 25, 1–3 PM# Step into a home designed for entertaining, elegance, and exceptional craftsmanship at 9 Legacy Woods Place SE, located on a quiet street and desirable corner lot in the heart of Legacy. Offering over 3,300 sq ft of fully developed living space across three thoughtfully designed levels, this stunning property is perfect for growing families or those who love to host. The main floor showcases luxury vinyl plank flooring, a spacious formal foyer, a practical tiled mudroom, a double attached garage, and a convenient side entrance. At the heart of the home lies the gourmet kitchen, featuring sleek quartz countertops, modern cabinetry, upgraded stainless steel appliances including a 5-burner gas cooktop, wall oven, French door fridge, and a striking waterfall island with bar seating. The adjacent formal dining area includes a built-in buffet, and the cozy living room is anchored by an electric fireplace, with patio doors opening to a west-facing deck and low-maintenance backyard—perfect for enjoying evening sun. Upstairs, a massive bonus room with plush carpeting and custom blinds offers versatile living space, while the luxurious primary retreat features oversized windows and a spa-like 5-piece ensuite with a soaker tub, tiled shower, dual vanities, and a walkthrough closet with custom built-ins. Two additional bedrooms each offer walk-in closets and share a beautifully appointed 5-piece main bath, while a full laundry room with side-by-side washer/dryer adds everyday convenience. The fully finished basement extends the living space with a large recreation room, guest bedroom, and a stylish 3-piece bathroom with tile shower and quartz vanity. This home is a rare find, offering premium upgrades, functional design, and modern luxury in a quiet, family-friendly community. Don’t miss your chance to make this exceptional home yours—book your private showing today! More details
    Listed by Greater Calgary Real Estate
  • 412 Legacy Circle SE in Calgary: Legacy Detached for sale : MLS®# A2149846

    412 Legacy Circle SE Legacy Calgary T2X 4J2
    Main Photo: 412 Legacy Circle SE in Calgary: Legacy Detached for sale : MLS®# A2149846
    $936,900
    Residential
    Status:
    Active
    MLS® Num:
    A2149846
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,394 sq. ft.
    **BRAND NEW HOME ALERT** Great news for eligible First-Time Home Buyers – NO GST payable on this home! The Government of Canada is offering GST relief to help you get into your first home. Save $$$$$ in tax savings on your new home purchase. Eligibility restrictions apply. For more details, visit a Jayman show home**SHOW HOME ALERT!**LEASEBACK**VERIFIED Jayman BUILT Show Home! ** Great & rare real estate investment opportunity ** Start earning money right away ** Jayman BUILT will pay you monthly at a 6% return (annual) to use this home as their full time show home ** PROFESSIONALLY DECORATED with all of the bells and whistles. This outstanding home will have you at "HELLO!" with THREE LEVELS AND ROOF TOP BALCONY!! If you love to ENTERTAIN AND HAVE ROOM FOR ALL WHO ENTER than this is the home for you! Immediately fall in love as you step in, offering almost 3 levels of developed living space offering you true craftsmanship & beauty! Luxury Hardwood invites you into a lovely open floor plan featuring an amazing GOURMET kitchen boasting stunning QUARTZ counters throughout with sleek stainless steel KitchenAid appliances with 36" GAS COOKTOP, French Door Refrigerator with icemaker and internal water, Built-in Wall Oven/Microwave Combo, Broan BBN3306SS power pack built-in cabinet hoodfan and a huge walk-in pantry. An amazing OPEN FLOOR PLAN offering a unique design featuring a beautiful ELEVATED FIREPLACE WITH OPEN TO ABOVE FEATURE that nicely elevates the stylish Great Room and Dining Room while the kitchen flows smoothly to overlook the main living area yet still maintaining a beautiful entertaining and prep designation boasting an expansive centre island with 12" flush eating bar. A designated office/den situated nicely to the front of the home and a half bath complete the space. The 2nd level offers you ample space to suit any lifestyle with over 1000+SF alone. 3 sizeable bedrooms with the beautiful Primary Suite offering a 5 star luxury en suite including dual vanities with an absolutely amazing large walk-in closet, gorgeous free-standing angled soaker tub, over sized stand-alone shower and separate water closet. Stunning Bonus room & large 2nd floor laundry with folding counter along with a full Main Bath. The AMAZING THIRD STOREY LEVEL boasts an OPULENT LOFT LEVEL with beverage fridge, FULL bath AND A THIRD LEVEL LOFT BEDROOM/OFFICE WITH ANGLED CEILING AND AN AMAZING SPACIOUS THIRD LEVEL 13x13 BALCONY. AIR CONDITIONING, WINDOW COVERINGS AND WALL PAPER INCLUDED. This home will be sure to impress! Shopping & New High School close by! Jayman's standard inclusions feature their Core Performance with 10 Solar Panels, BuiltGreen Canada standard, with an EnerGuide Rating, UV-C Ultraviloet Light Purification System, High Efficiency Furnace with Merv 13 Filters & HRV unit, Navien Tankless Hot Water Heater, Triple Pane Windows and Smart Home Technology Solutions! SHOW HOME VIEWING HOURS: MONDAY TO THURSDAY: 2PM TO 8PM. FRIDAY AND SATURDAY: 12PM TO 5PM More details
    Listed by Jayman Realty Inc.
  • 89 Legacy Lane SE in Calgary: Legacy Detached for sale : MLS®# A2231170

    89 Legacy Lane SE Legacy Calgary T2X 1Y7
    OPEN HOUSE: Jun 15, 2025
    01:00 PM - 03:00 PM MDT
    Open House on Sunday, June 15, 2025 1:00PM - 3:00PM
    Main Photo: 89 Legacy Lane SE in Calgary: Legacy Detached for sale : MLS®# A2231170
    $930,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231170
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,820 sq. ft.
    Welcome to this stunning smart home in the heart of Legacy, backing directly onto a serene park and GREENSPACE! Nestled on a massive pie-shaped lot on a quiet side street, this impressive two-story home offers OVER 2,800 sq ft of luxurious living space above grade. From the moment you step inside, you’ll be captivated by the open-to-below front entry with elegant railings, 9 ft CEILINGS and rich hardwood flooring throughout the main level. The gourmet kitchen is a true showstopper, featuring quartz COUNTERTOPS, a premium stainless steel appliance package with built-in oven, oversized island with eating bar and FULL_HEIGHTS cabinetry, and a walk-through pantry for added convenience. The main floor also boasts a bright open-concept layout with a cozy gas fireplace, large windows flooding the space with natural LIGHT , a private OFFICE/DEN, and a spacious dining nook with access to the deck—perfect for indoor-outdoor living. Enjoy year-round comfort with CENTRAL A/C and the added touch of permanent OUTDOOR LIGHTENING and OVERSIZED double garage. Upstairs, the luxurious primary suite features a generous walk-in closet and a spa-inspired 5-piece ensuite with a soaker tub, tiled shower, and dual sinks. This level also includes two additional large bedrooms, a full bathroom, a huge central bonus room, and a convenient upper-level laundry room. The unspoiled basement features 9 ft ceilings, rough-in plumbing, central vacuum system, water softener, and a water purification system—ready for your personal touch. The seller also holds city-approved PERMITS for a legal secondary suite, offering potential for future income or multigenerational living. Additional highlights include an oversized double garage, smart home features, and plenty of natural sunlight throughout. Located close to parks, playgrounds, shopping, and all the amenities that make Legacy one of Calgary’s most sought-after communities—this home is an absolute must-see! More details
    Listed by First Place Realty
  • 278 Legacy View SE in Calgary: Legacy Detached for sale : MLS®# A2229448

    278 Legacy View SE Legacy Calgary T2X 2G2
    OPEN HOUSE: Jun 15, 2025
    10:00 AM - 12:00 PM MDT
    Open House on Sunday, June 15, 2025 10:00AM - 12:00PM
    Main Photo: 278 Legacy View SE in Calgary: Legacy Detached for sale : MLS®# A2229448
    $924,900
    Residential
    Status:
    Active
    MLS® Num:
    A2229448
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,393 sq. ft.
    Welcome to 278 Legacy View SE—an impeccably maintained former Stepper Homes Showhome that showcases craftsmanship, design, and condition rarely found in today’s new builds. This 3-bedroom plus den, 2.5-bathroom home offers over 2,393 square feet of refined living space, thoughtfully designed for modern families and effortless entertaining. From the moment you enter, the quality is evident. Professionally decorated by an interior designer, this home features custom valances, designer wallpaper, and intricate hardwood inlay design elements in both the dining and living rooms, elevating the main floor with warmth and texture. Soaring 9-foot ceilings and engineered hardwood floors lead you through a bright and open layout. The kitchen is a standout with Ogee bevelled granite countertops, full-height two-tone cabinetry, a walk-through pantry with added window, and a premium appliance package featuring a gas cooktop, built-in oven, French door fridge, and upgraded chimney hood fan. The adjacent dining space flows seamlessly into a sun-filled living room complete with custom millwork and an upgraded electric fireplace with built-in heat blower. Every detail has been elevated, including 8-foot interior doors, upgraded Heritage casings, knock-down ceilings, and fully upgraded interior hardware. A dedicated den with custom glass barn doors provides the ideal private workspace or flex room. Upstairs, the west-facing vaulted bonus room offers beautiful natural light, added depth, and ceiling height thanks to architectural bump-outs and ceiling vaulting—perfect for relaxing or entertaining. The spacious primary suite is designed for comfort, featuring a large walk-in closet and a spa-inspired 5-piece ensuite with Kohler fixtures, dual sinks, a deep soaker tub, a fully tiled shower, and heated tile flooring with its own control unit located in the water closet. Two additional bedrooms, a well-appointed 4-piece bathroom, and an upper laundry room with added cabinetry complete the upper floor. What sets this home apart is the level of investment in both finish and function. Over $100,000 in premium upgrades include Sonos built-in speakers, upgraded plumbing and lighting, a complete blind package, upgraded baseboards, and custom built-ins in both the office and mudroom. The backyard is professionally landscaped and features a covered patio, while the exterior is enhanced with an exposed aggregate driveway, natural stone masonry, and a wrought iron security door. A 20-panel bi-directional solar system virtually eliminates electricity costs—saving approximately $300/month—while central A/C adds year-round comfort and convenience. Meticulously cared for and move-in ready, this is a rare opportunity to own a former show home that offers the feel of a brand-new build—without compromise. Located in the vibrant community of Legacy, close to parks, schools, shopping, and walking paths, 278 Legacy View SE delivers on every level. This is the one you’ve been waiting for! More details
    Listed by Real Broker
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Data was last updated June 15, 2025 at 04:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706