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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264250 Panorama Road
NONE Rural Rocky View County T4B 2A3

$3,680,000
Residential beds: 3 baths: 4.0 3,473 sq. ft. built: 2016

Main Photo: 264250 Panorama Road: Rural Rocky View County Detached for sale : MLS®# A2225283
Photo 1: 264250 Panorama Road: Rural Rocky View County Detached for sale : MLS®# A2225283
Photo 2: 264250 Panorama Road: Rural Rocky View County Detached for sale : MLS®# A2225283
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Photo 48: 264250 Panorama Road: Rural Rocky View County Detached for sale : MLS®# A2225283
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2225283
Bedrooms:
3
Bathrooms:
4
Year Built:
2016
137 acres +/- with gorgeous views of Airdrie, Calgary, YYC, and those Beautiful Rocky Mountains! The property is located within 5 minutes of Airdrie and Calgary city Limits, and less than 10 minutes to X-Iron Mills. This custom-built Bungalow has all the trimmings of a fine home has to offer. Vaulted and high ceilings, top of the line Wolf Stainless Steel appliances, hardwood floors thru-out, large triple glazed windows, stucco exterior, open concept main floor with a beautiful and very functional sunroom with large windows and a see thru gas fireplace for those chiller days! The front of the house features a pergola style front entry and deck with radiant heater over-head, built-In out-door fireplace and BBQ area, perfect for entertaining, day or night! There are 2 other get away area's depending on the time of day or the mood of your company. There is a large mud room/laundry area for cleanup after a day in the yard or perfect pet area. This leads to the triple garage with a den above for a great office space or your guests get away, complete with views! The basement is partially developed with a large bedroom with its own 4 pc Ensuite bath, the balance of the basement is up to your creative ideas! The property is fenced and x-fenced for both horses and cattle, complete with 2 automatic watering bowls, and a horse shelter. Other out-buildings included are a large shed for all your lawn care equipment, a custom shelter for gatherings around the firepit, and a greenhouse that doubles as a get-a-way if you want some quiet time to read. I'm probably missing something, so book your appointment to view today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Acreage with Residence, Bungalow
Total Living Area:
3,473 sq. ft.
Main Level Finished Area:
2,951 sq. ft.
Upper Level Finished Area:
522 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
137 acre(s)
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:
Northeast
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northeast
Floor Location:
Ground
Entry Level:
1
Levels:
One
End Unit:
No Common Walls
Total Rooms Above Grade:
8
Year built:
2016 (Age: 9)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1211882
Electricity:
150 Amp Service, Single Phase
Heating:
Boiler, High Efficiency, In Floor, Fireplace(s), Forced Air, Natural Gas
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
3
Fireplace Details:
Blower Fan, Den, Factory Built, Gas, Great Room, Primary Bedroom, Raised Hearth, See Through, Sun Room, Tile
Water Supply:
Drinking Water, Private, Well
Sewer:
Private Sewer, Septic Field, Septic System, Septic Tank
Utilities:
Cable Not Available, Electricity Connected, Natural Gas Available, Electricity Paid For, Natural Gas Connected
Garage:
1
Garage Spaces:
3
Parking:
Additional Parking, Gravel Driveway, Triple Garage Attached
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Laundry Room, Main Level
NONE
Bar Fridge, Built-In Oven, Built-In Refrigerator, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Range Hood, Washer, Water Purifier, Window Coverings
TV Brackets on wall
Easement Registered On Title, Road Access Agreement
Floor
Type
Size
Other
Main Floor
Foyer
10' × 9'11"
Main Floor
Great Room
21'11" × 16'7"
Main Floor
Kitchen
25'6" × 13'10"
Main Floor
Dining Room
12' × 11'5"
Main Floor
Pantry
8'2" × 8'1"
Main Floor
Bedroom - Primary
20'6" × 17'7"
Main Floor
Walk-In Closet
11'11" × 9'8"
Main Floor
Bedroom
14'8" × 12'1"
Main Floor
Mud Room
Measurements not available
Main Floor
Sunroom/Solarium
17'7" × 16'4"
2nd Floor
Den
26'7" × 17'8"
Basement
Bedroom
20'10" × 17'8"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
17'7" x 20'8"
Main Floor
No
4
0' x 0'
Main Floor
No
2
0' x 0'
Basement
Yes
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Gated
Interior Features:
Breakfast Bar, Ceiling Fan(s), Closet Organizers, Double Vanity, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Recessed Lighting, Vaulted Ceiling(s)
Exterior Features:
BBQ gas line, Private Entrance, Rain Gutters
Patio And Porch Features:
Deck, Front Porch, Patio, Screened
Lot Features:
Farm, Gentle Sloping, Landscaped, Lawn, Pasture, Views
Num. of Parcels:
0
Outbuildings:
Shed, Greenhouse, Special Purpose
Fencing:
Cross Fenced, Fenced
Nearest Town:
Airdrie
Region:
Rocky View County
Zoning:
AG-Gen
Listed Date:
Jun 02, 2025
Days on Mkt:
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Virtual Tour

Listed by CIR Realty
Data was last updated June 25, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
181
Avg list price:
$1,700,000
Min list price:
$474,000
Max list price:
$14,300,000
Avg days on market:
41
Min days on market:
1
Max days on market:
1,492
Avg price per sq.ft.:
$641.19
These statistics are generated based on the current listing's property type and located in Rural Rocky View County. 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