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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230 Signal Hill Place SW
Signal Hill Calgary T2H 2M4

$939,900
Residential beds: 4 baths: 3.0 1,759 sq. ft. built: 1988

Main Photo: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 1: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 2: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 3: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 4: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 5: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 6: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 7: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 8: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 9: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 10: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 11: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 12: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 13: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 14: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 15: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 16: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 17: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 18: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 19: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 20: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 21: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 22: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Photo 23: 230 Signal Hill Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2225899
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2225899
Bedrooms:
4
Bathrooms:
3
Year Built:
1988
Welcome to a residence that redefines the meaning of exquisite living. Nestled in a peaceful cul-de-sac in one of the most desirable locations in the coveted Signal Hill community, this spectacular home is the perfect blend of thoughtful design, impeccable taste, and over $250,000 in premium upgrades that set it apart from anything you’ve seen before. Step inside this air conditioned home and be captivated by a $120,000 chef-inspired kitchen—a true showstopper featuring a $6,000 Professional Series gas range, custom cabinets, gleaming quartz countertops, and a 10-foot island designed for gathering and entertaining. Rich walnut floors flow seamlessly throughout the main level, adding warmth and sophistication. The striking marble backsplash, newer casement windows, custom fireplace cabinetry, and vinyl shutter window coverings speak to the high level of craftsmanship poured into every detail. The luxury continues in the spa-inspired ensuite, part of a $70,000 bathroom renovation. This private retreat showcases floor-to-ceiling tile, a stunning free-standing tub, radiant heated floors, custom vanities, built-in wall toiletry units, elegant board and batten detailing, and designer Canadian-made Riobel fixtures. It’s the kind of ensuite most people only dream about. Enjoy year-round comfort with central air conditioning, new interior doors, and knock-down ceilings that add a modern touch. The spacious walk-in closet features custom built-ins that maximize storage while adding elegance and ease to your daily routine. Downstairs, the fully finished basement offers additional living space perfect for a media room, home gym, or guest suite—whatever suits your lifestyle. Outside, you’ll fall in love with the blooming cherry tree in the beautifully maintained backyard—a peaceful oasis just steps from everything you need. This is not just a home—it’s a statement of luxury, comfort, and timeless design. Don’t miss your chance to own one of the most thoughtfully renovated homes on the market today. Welcome to your dream home.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
4 Level Split
Total Living Area:
1,759.4 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,123 sq. ft.
Lot Frontage:
54'7"
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
4 Level Split
Total Rooms Above Grade:
6
Year built:
1988 (Age: 37)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
8810883
Heating:
Forced Air
Basement:
Crawl Space, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Cedar Shake
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Bathroom
Signal Hill
Dishwasher, Gas Stove, Microwave, Refrigerator
Window Coverings, TV in Family room and bedroom
None Known
Floor
Type
Size
Other
Main Floor
Entrance
7' × 4'2"
Main Floor
Family Room
16'7" × 10'4"
Main Floor
Dining Room
11'6" × 7'1"
Main Floor
Kitchen
14'9" × 14'9"
Upper Level
Bedroom
10' × 9'
Upper Level
Bedroom
11' × 9'
Upper Level
Bedroom - Primary
14'7" × 12'8"
Lower Level
Living Room
19'2" × 14'2"
Basement
Bedroom
12'5" × 9'4"
Basement
Game Room
23'3" × 14'6"
Basement
Storage
20'4" × 15'1"
Floor
Ensuite
Pieces
Other
Upper Level
No
3
4'11" x 8'11"
Upper Level
Yes
4
6' x 12'3"
Lower Level
No
2
6'6" x 8'7"
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Vaulted Ceiling(s)
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Cul-De-Sac, Landscaped, Level, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone W
Zoning:
R-CG
Listed Date:
May 29, 2025
Days on Mkt:
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Listed by RE/MAX Realty Professionals
Data was last updated June 19, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$584,450
Min list price:
$299,000
Max list price:
$1,299,900
Avg days on market:
21
Min days on market:
1
Max days on market:
124
Avg price per sq.ft.:
$411.2
These statistics are generated based on the current listing's property type and located in Signal Hill. 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