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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8 31264 Highway 2 A
NONE Rural Mountain View County T0M 0W0

$1,199,900
Residential beds: 4 baths: 2.0 1,253 sq. ft. built: 1967

Main Photo: 8 31264 Highway 2 A: Rural Mountain View County Detached for sale : MLS®# A2228364
Photo 1: 8 31264 Highway 2 A: Rural Mountain View County Detached for sale : MLS®# A2228364
Photo 2: 8 31264 Highway 2 A: Rural Mountain View County Detached for sale : MLS®# A2228364
Photo 3: 8 31264 Highway 2 A: Rural Mountain View County Detached for sale : MLS®# A2228364
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Photo 48: 8 31264 Highway 2 A: Rural Mountain View County Detached for sale : MLS®# A2228364
Photo 49: 8 31264 Highway 2 A: Rural Mountain View County Detached for sale : MLS®# A2228364
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2228364
Bedrooms:
4
Bathrooms:
2
Year Built:
1967
Just five minutes from the charming community of Didsbury, discover this breathtaking 7.95-acre estate—a truly rare and hidden gem nestled atop a scenic ridge with panoramic views that stretch from the serene creek valley below to the rolling farmland and glowing lights of town, all crowned by the majestic backdrop of the Rocky Mountains. As you pass through the gated entrance and travel down the winding, tree-lined driveway, you'll immediately feel the magic of this private, storybook setting. Towering mature trees embrace the beautifully landscaped yardsite, creating a sense of peace, space, and total seclusion. Every inch of this property invites exploration—from lush sprawling lawns and garden areas to open, partially fenced pastures and a deep natural ravine with a large pond that reflects the sky like a mirror. Whether you envision a hobby farm, a countryside sanctuary for raising children and animals, a base to run your business, or simply a tranquil retreat for rest and creativity, this versatile acreage checks every box. At the heart of the property stands a timeless, brick-faced 4-bedroom, 2-bath bungalow, meticulously maintained and move-in ready. With its warm, inviting layout, including a convenient back porch laundry room, it's perfectly suited for country living. Start your day with coffee on the east-facing deck bathed in morning light, and unwind with a glass of wine while watching unforgettable sunsets from the west-facing deck. For those who dream big, the property offers an extraordinary array of outbuildings: A semi-attached triple garage for everyday convenience, A massive 40’x60’ heated arch-rib workshop complete with washroom, kitchenette, and private office/bedroom—ideal for business, hobbies, or guest space, And the pièce de résistance: a stunning white hip-roof barn that blends nostalgic charm with modern function. Its lower level features a heated shop and cold storage annex, while the expansive upper loft is a blank canvas—imagine a golf simulator, art studio, event space, or luxurious guest quarters. This is more than just a property—it’s a lifestyle of endless potential, natural beauty, and peaceful luxury, all in a highly desirable and central location with quick access to Hwy 2A & 582, schools, shopping, and all the amenities of Didsbury. Don’t miss your chance to own this one-of-a-kind rural masterpiece. Properties like this are rarely available and even harder to forget.
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:
1,252.78 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7.95 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:
West
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
5
Year built:
1967 (Age: 58)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0313454
Heating:
Boiler, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Linoleum, Tile
Cooling:
Central Air
Fireplaces:
0
Water Supply:
Well
Sewer:
Septic Tank
Utilities:
Natural Gas Paid, Electricity Paid For
Garage:
1
Garage Spaces:
3
Parking:
Additional Parking, Garage Door Opener, Gravel Driveway, Insulated, Triple Garage Attached
Laundry Features:
Main Level, Sink
NONE
Dishwasher, Gas Stove, Refrigerator, Washer/Dryer, Water Softener, Window Coverings
Appliances in the arch-rib shop kitchenette, garden shed, playhouse, horse shelter
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
10'5" × 9'1"
Main Floor
Dining Room
11'5" × 10'11"
Main Floor
Kitchen
23'6" × 15'
Main Floor
Laundry
10'5" × 8'2"
Main Floor
Living Room
16'7" × 14'2"
Main Floor
Bedroom - Primary
14'9" × 12'
Basement
Bedroom
12'4" × 12'3"
Basement
Bedroom
12'11" × 12'5"
Basement
Den
12'5" × 7'9"
Basement
Game Room
19'9" × 13'2"
Basement
Storage
11'7" × 10'5"
Basement
Furnace/Utility Room
11'6" × 6'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'9" x 9'2"
Basement
No
4
12'7" x 8'3"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
See Remarks
Exterior Features:
Private Yard, Storage
Patio And Porch Features:
Deck
Lot Features:
Creek/River/Stream/Pond, Garden, Landscaped, Lawn, Many Trees, Pasture, Views
Num. of Parcels:
0
Outbuildings:
Barn, Shop
Fencing:
Fenced
Nearest Town:
Didsbury
Region:
Mountain View County
Zoning:
11
Listed Date:
Jun 17, 2025
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by CIR Realty
Data was last updated June 20, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$937,450
Min list price:
$312,500
Max list price:
$6,990,000
Avg days on market:
46
Min days on market:
2
Max days on market:
352
Avg price per sq.ft.:
$535.7
These statistics are generated based on the current listing's property type and located in Rural Mountain 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