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.

BEL-AIRE HOMES FOR SALE IN CALGARY

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  • 1016 Beverley Boulevard SW in Calgary: Bel-Aire Detached for sale : MLS®# A2207173

    1016 Beverley Boulevard SW Bel-Aire Calgary T2V 2C5
    Main Photo: 1016 Beverley Boulevard SW in Calgary: Bel-Aire Detached for sale : MLS®# A2207173
    $5,999,900
    Residential
    Status:
    Active
    MLS® Num:
    A2207173
    Bedrooms:
    4
    Bathrooms:
    7
    Floor Area:
    5,817 sq. ft.
    OPEN HOUSE SAT. JUNE 28, 1:00 to 3 pm. Welcome to an architectural triumph in Calgary’s most exclusive enclave—Bel-Aire. Crafted by the renowned Trojan custom homes, this one of a kind estate offers an unparalleled fusion of modern design, natural elements, and masterful craftsmanship. Nestled on a meticulously landscaped 0.30-acre lot, this residence is surrounded by the Calgary Golf & Country Club, the Glenmore Reservoir, and the Elbow River Valley, providing a serene yet prestigious setting. Spanning over 8,670 square feet of flawlessly curated living space, this four-bedroom, seven-bathroom home redefines luxury and sophistication. The grand foyer welcomes you with soaring ceilings, stone wall, custom lighting and walls of glass, setting the tone for the bright, open-concept design. A private executive office, an exquisite central wine feature wall, and multiple social areas seamlessly integrate into the flow of the home. The heart of the home is an extraordinary chef’s kitchen, featuring dual oversized islands, custom high-end cabinetry, and top-tier appliances—a space where culinary artistry meets breathtaking design. A multiple sliding glass doors open to an expansive outdoor lounge, complete with a stone feature entertainment wall accentuated by two 6 ft. fireplaces, sliding black glass tv mount and designer lighting. Covered outdoor kitchen boasts leathered granite, Napoleon grill, cabinetry, sink, offering a seamless transition to your private oasis. The stunningly landscaped backyard boasts an impressive swimming pool with power cover and multi lit water wall that spills from the house soffit. Multiple entertainment areas, artistic accent panels and lush greenery, create a resort-like retreat in the heart of the city. The upper level is home to a sophisticated primary suite, a haven of luxury featuring a private enclosed terrace, a Onyx fireplace, a spa-like en-suite, and a custom-designed dressing room. Two additional lavishly appointed bedrooms, each with its own en-suite, are accompanied by an elegant loft area, perfect for relaxation. Descend to the spectacular entertainment level, where luxury meets leisure. This incredible space features a custom-designed wet bar, an expansive family lounge, a state-of-the-art home theater, a private gym, and a tranquil yoga studio. A guest suite with a private bath, additional powder rooms, and a meticulously engineered mechanical room complete this level with uncompromising quality. No detail has been overlooked in this meticulously crafted home. A triple-car garage with epoxy flooring and sleek glass overhead doors offers both functionality and aesthetic appeal. Built to exceed expectations, this residence is a testament to elevated living in one of Calgary’s most coveted communities. This exceptional residence offers a lifestyle of effortless luxury, featuring a full snow-melt front drive, automated irrigation, and an array of thoughtfully designed amenities. https://youtu.be/C4sxPPdGP8M?si=O_n8GJqmOfK7I1Tm More details
    Listed by RE/MAX First
  • 1403 Beverley Place SW in Calgary: Bel-Aire Detached for sale : MLS®# A2217754

    1403 Beverley Place SW Bel-Aire Calgary T2V 2C7
    Main Photo: 1403 Beverley Place SW in Calgary: Bel-Aire Detached for sale : MLS®# A2217754
    $3,299,000
    Residential
    Status:
    Active
    MLS® Num:
    A2217754
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    4,038 sq. ft.
    Welcome to the PRESTIGIOUS community of Bel-Aire, known for its spacious lots, tree-lined streets, and stunning luxury homes. This CUSTOM-BUILT MASTERPIECE by renowned architect Michael Shugarman and esteemed builder Hammer Homes is a true one-of-a-kind residence. Situated on a prime over 12,000 sq/ft corner lot in a quiet cul-de-sac, this home offers over 5,800 sq/ft of METICULOUSLY DESIGNED TOTAL LIVING SPACE. Every detail has been thoughtfully crafted with ARCHITECTURAL PRECISION. The HAND-CUT STONEWORK on the front porch, back patio, and fireplace was not only designed but also meticulously drawn and shaped to fit seamlessly together. The CUSTOM-DESIGNED FRONT DOOR and powder room vanity were also architecturally drawn, designed, and handmade to achieve a completely bespoke finish. The bright and airy interior is bathed in natural sunlight, with expansive south-facing windows connecting the indoors to the spacious outdoor patio. The custom kitchen boasts double-stacked granite countertops, stainless steel appliances, and a paneled Sub-Zero fridge, blending seamlessly with the outdoor living space — perfect for entertaining. The heart of the home is the BREATHTAKING GREAT ROOM — a stunning space with SOARING OVER 20-FOOT CEILINGS that create a grand sense of scale. TOWERING WINDOWS flood the room with natural light, while custom-built bookcases add warmth and character. A STRIKING FIREPLACE serves as the room’s focal point, with hand-cut stonework meticulously designed to complement the space. A HIDDEN STAIRCASE adds a touch of intrigue, blending functionality with sophisticated design. This remarkable room offers an inviting yet luxurious ambiance, perfect for quiet moments of relaxation or entertaining on a grand scale. This serene space is ideal for relaxation and gathering with loved ones. Upstairs, you’ll find three spacious bedrooms, each with their own ensuite and walk-in closet. The primary suite features a SPA-INSPIRED ENSUITE, a MASSIVE WALK-IN CLOSET, and access to the south-facing windows. Thoughtful touches can be found throughout the bedrooms, like a custom window bench, built-in office space, and Swarovski crystal-accented wallpaper elevate the design. The upper floor also includes a versatile area ideal as an office, family room, or reading nook. The upstairs laundry room is bright and cozy due to the light from the corner windows. The fully developed basement features 10' ceilings, a guest bedroom with ensuite, and an open layout ready to suit your lifestyle. This EXCEPTIONAL HOME blends TIMELESS DESIGN with IMPECCABLE CRAFTSMANSHIP — a rare opportunity in one of Calgary's most sought-after communities. Don't miss out on this extraordinary property. More details
    Listed by eXp Realty
  • 56 Massey Place SW in Calgary: Mayfair Detached for sale : MLS®# A2235265

    56 Massey Place SW Mayfair Calgary T2V 2G5
    Main Photo: 56 Massey Place SW in Calgary: Mayfair Detached for sale : MLS®# A2235265
    $1,999,000
    Residential
    Status:
    Active
    MLS® Num:
    A2235265
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    2,232 sq. ft.
    Welcome to 56 Massey Place SW – an exceptional family home on a quiet street tucked in the coveted NW corner of the prime inner-city community of Mayfair. Backing directly onto the Glenmore Reservoir pathway system, this spacious, beautifully updated property offers a rare blend of privacy, functionality, and access to scenic green spaces—all just minutes from downtown. Thoughtfully designed for modern family living, this home boasts over 3,300 sq.ft. of well-appointed space. The main floor welcomes you with a large, light-filled living room featuring vaulted ceilings and wide-plank engineered oak flooring that carries throughout all three upper levels of the home. The open-concept kitchen is the heart of the house, complete with professional appliances, ample cabinetry, and a wood-capped breakfast bar overlooking a sunken family room with in-floor heating—perfect for everyday connection and entertaining. Off the family room, find a convenient 2-piece bath and a servery for easy access to drinks and snacks from the stunning backyard pool area. Upstairs, you'll find three generous bedrooms, including a serene primary suite with a renovated 3-piece ensuite, plus a second full bath. The lower level offers an ideal flex room/home office, a stylish laundry room, a separate mudroom and direct access to the oversized attached garage. The basement features high ceilings, a spacious recreation room (or potential teen suite), a full bathroom, and ample storage. Step outside to your private backyard oasis: low-maintenance landscaping, multi-tiered deck space, and a large in-ground pool for summers to remember. Here it is—a rare opportunity to raise your family in a true inner-city sanctuary, surrounded by mature trees, top-tier schools, parks, golf courses, and just steps from Calgary's premier urban trail network. More details
    Listed by Century 21 Bamber Realty LTD.
  • 159 Malibou Road SW in Calgary: Mayfair Detached for sale : MLS®# A2212908

    159 Malibou Road SW Mayfair Calgary T2V 1X5
    OPEN HOUSE: Jul 05, 2025
    12:00 PM - 03:00 PM MDT
    Open House on Saturday, July 5, 2025 12:00PM - 3:00PM
    OPEN HOUSE: Jul 06, 2025
    12:00 PM - 03:00 PM MDT
    Open House on Sunday, July 6, 2025 12:00PM - 3:00PM
    Main Photo: 159 Malibou Road SW in Calgary: Mayfair Detached for sale : MLS®# A2212908
    $1,590,000
    Residential
    Status:
    Active
    MLS® Num:
    A2212908
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,603 sq. ft.
    OPEN HOUSE - JULY 5 & 6 (SAT/SUN) 12-3PM. Welcome to 159 Malibou Rd SW. This stunning bungalow is situated in the southwest community of Mayfair, one of Calgary’s most sought-after neighborhoods for its quiet suburban feel whilst offering quick access to some of the city's major roads including Glenmore and Elbow Drive. Many amenities are at your fingertips including Chinook Mall, Britannia Plaza and only 15 mins to the downtown core. The home boasts an impressive curb appeal with soffit lighting, oversized front entry way door, custom California shutters and a beautifully landscaped exterior with aggregate concrete driveway and walkways. The huge backyard is south facing with an expansive deck and offers ample sunlight which pours into the kitchen and dining area of the home. The home faces a beautiful green space and park and has no backyard neighbors, giving lots of privacy. From your back gate is a biking/walking path, which takes you to some of the nicest views in the city. As you step inside the home, you’re greeted with stunning vaulted ceilings and exposed beams, which give a large open feel. The massive kitchen offers endless storage space with integrated appliances to give the space a seamless finish. All kitchen appliances are of the highest quality with Wolfe double wall ovens, microwave and counter cooktop, integrated Sub Zero fridge/freezer and an additional Subzero freezer within the kitchen island and Miele Dishwasher. All the custom cabinetry offers convenient custom pull outs for easy access. The master bedroom boasts tons of storage, large south facing windows and a big 3 piece ensuite and towel warmer. The upstairs is completed by a spacious main floor laundry room with side by side laundry, secondary bedroom and 4 piece main bathroom. Downstairs provides additional flexible space with a huge family room with gas fireplace, office, a bedroom and a hobby room that could easily be converted back into a 4th bedroom, gym space and 3 piece bathroom with heated floors and steam shower. Houses in this community do not stay on the market long. Reach out to your favorite realtor today and book a viewing. More details
    Listed by CIR Realty
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Data was last updated July 1, 2025 at 02:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA