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.

BUNGALOWS FOR SALE IN MCKENZIE LAKE CALGARY

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  • 131 Mckenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226005

    131 Mckenzie Lake View SE McKenzie Lake Calgary T2Z 2T5
    Main Photo: 131 Mckenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226005
    $1,675,000
    Residential
    Status:
    Active
    MLS® Num:
    A2226005
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,702 sq. ft.
    ** LAKEFRONT LUXURY IN THE HARBOURS OF McKENZIE LAKE – RARE WALKOUT BUNGALOW! This isn’t just a home - it’s a LIFESTYLE UPGRADE. Surrounded by water, privacy & prestige, it’s everything you would expect from true lakefront living. Welcome to one of Calgary’s most exclusive communities: The Harbours of McKenzie Lake. Lakefront homes in YYC are rare & walkout bungalows like this one are nearly impossible to find. Elegant & Easy Living: Step into over 3320 total sq ft of sun-filled space designed for both comfort & entertaining. The main floor features warm HICKORY HARDWOOD floors, 3-sided GAS FIREPLACE for cozy evenings, spacious flex/FORMAL DINING room & a private OFFICE/den. The kitchen is built for hosting with sweeping lake views from the kitchen sink, rich MAPLE CABINETRY, stunning leather-finish DOLOMITE STONE counters & STAINLESS appliances. The primary suite is its own private escape - wake up to the glimmer of sunlight on the water & the soft sound of waves right outside your window. Full en-suite bath with separate deep soaker tub & water closet. WALKOUT LOWER LEVEL: THREE more generous BEDROOMS, games area with POOL TABLE, second fireplace & dedicated TV lounge. Walk straight out to the landscaped backyard, firepit & dock. Plus it’s FULLY FENCED – so you have peace of mind for the pets & kids. Key Features & Upgrades: Be sure to ask for the EXTENSIVE list of upgrades, some of which include: 50-year CONCRETE ROOF tiles • HE Furnace, Water Softener & A/C • Triple-pane Windows for year-round comfort • Exposed Aggregate front patio • Maintenance Free Composite dock • Upper Vinyl deck with TOPLESS GLASS RAILINGS for uninterrupted lake views • Hunter Douglas blinds. Beautifully landscaped & ideal for hosting, relaxing & enjoying lakeside living! THE MCKENZIE LAKE LIFESTYLE: This isn’t just about the home - it’s about everything that comes with it. McKenzie Lake is a residents-only gated beach club, an active community with year-round amenities for every age: Summer Fun: Clubhouse, beach, tennis, basketball & volleyball courts. Paddleboarding, kayaking, canoeing, pedal boating & fishing (stocked yearly with rainbow trout). Family Events: sandcastle competitions, fishing derby, food trucks, movies at the lake. Winter Activities: Ice skating on a 2.5 km Zamboni-cleared loop. Firepits, ice hockey, tobogganing & even ice fishing. Skate all the way around the lake! The entire lake is nestled within an 18-acre park full of mature trees & landscaped walking paths. Located in the elite Harbours section, this is more than a home - it’s where memories are made, milestones are celebrated & life slows down in the best way. This isn’t just your home — it’s your year-round vacation property, right in your own backyard. ** Check out the 3D Tour! ** More details
    Listed by Century 21 Masters
  • 93 McKenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2211608

    93 McKenzie Lake Point SE McKenzie Lake Calgary T2Z 1L7
    Main Photo: 93 McKenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2211608
    $1,350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211608
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,810 sq. ft.
    Location, location, location! Spend your summer at the lake! Welcome to your dream home in one of South Calgary’s most coveted lake communities. Nestled on a quiet, premium cul-de-sac with direct lake access, this beautifully updated 4-bedroom bungalow is perfect for young families, families with teens, or empty nesters seeking a peaceful yet vibrant lifestyle. Step out your back door for a swim or skate from your private shared dock, or walk just around the corner to the McKenzie Lake Beach Club, which contains amenities like tennis and pickleball courts, basketball nets, and beach volleyball courts. Also nearby are a mix of schools, playgrounds, and the scenic ridge trails of Fish Creek Park. With a quick 20–25 minute commute to downtown via Deerfoot or Stoney Trail, you’ll enjoy the perfect balance of lakeside living and city convenience. Boasting over 3,300 square feet of total developed space, this spacious open-concept bungalow features 9’ ceilings and a stylish kitchen with custom cabinetry and granite countertops—ideal for entertaining and everyday living. The main floor includes two generous bedrooms, one of which is perfect as a home office or guest room. The fully finished basement adds incredible flexibility with two more bedrooms, a full 3-piece bathroom, a cozy media room, and a large recreation space—ideal for movie nights, games, or a teen hangout zone. Additional features include: • Newer roof, • Air conditioning for year-round comfort, • Heated triple garage, • Composite deck backing onto mature trees with tranquil lake views. Whether you’re hosting family, working from home, or simply enjoying a sunset paddle, this home offers the perfect blend of nature, privacy, and community. Opportunities like this are rare—secure your spot on the lake today! More details
    Listed by RE/MAX Realty Professionals
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Data was last updated June 11, 2025 at 06:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706