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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NEXT Open House details
Jun 21, 2025 01:00 PM - 04:00 PM MDT

178 Covemeadow Crescent NE
Coventry Hills Calgary T3K 6B1

$599,999
Residential beds: 4 baths: 3.0 1,563 sq. ft. built: 2004

Main Photo: 178 Covemeadow Crescent NE in Calgary: Coventry Hills Detached for sale : MLS®# A2217704
Photo 1: 178 Covemeadow Crescent NE in Calgary: Coventry Hills Detached for sale : MLS®# A2217704
Photo 2: 178 Covemeadow Crescent NE in Calgary: Coventry Hills Detached for sale : MLS®# A2217704
Photo 3: 178 Covemeadow Crescent NE in Calgary: Coventry Hills Detached for sale : MLS®# A2217704
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Photo 46: 178 Covemeadow Crescent NE in Calgary: Coventry Hills Detached for sale : MLS®# A2217704
Open House - Jun 21, 2025
01:00 PM - 04:00 PM MDT
NOTES: Open House on Saturday, June 21, 2025 1:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2217704
Bedrooms:
4
Bathrooms:
3
Year Built:
2004
Open house on Saturday 1-4pm !!! Welcome to this beautifully finished 1,574 sq ft two-storey home situated on a desirable corner lot with fantastic curb appeal. The bright and inviting main floor features a spacious living room bathed in natural light thanks to an abundance of windows. The open-concept maple kitchen includes white appliances, an oversized central island, and a cozy dining nook surrounded by windows. Just off the dining area is a flexible space—perfect as a family room, home office, den, or even an extra bedroom. Upstairs you'll find a generous primary bedroom with a walk-in closet, two additional bedrooms, and a full 4-piece bathroom. The fully developed basement offers a versatile family/games room complete with a wet bar, a fourth bedroom, and a 2-piece bath. The fully fenced backyard includes a large side deck—ideal for entertaining—and the oversized double detached garage is a mechanic’s dream: fully finished, insulated, heated, wired with 220V, and complete with power, gas, water & drainage, and storage loft. Located in a vibrant community close to schools, shopping, VIVO, and with easy access to both Stoney and Deerfoot Trail.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,562.61 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,208 sq. ft.
Lot Frontage:
20'4"
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:
Two
Total Rooms Above Grade:
7
Year built:
2004 (Age: 21)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:1, Half:2)
Plan:
0411332
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Cork, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
220 Volt Wiring, Double Garage Detached, Heated Garage, Oversized
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Coventry Hills
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
none
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
11'5" × 8'4"
Main Floor
Kitchen
16'2" × 13'6"
Main Floor
Laundry
7'2" × 5'5"
Main Floor
Living Room
14'8" × 14'6"
Main Floor
Office
12' × 11'8"
2nd Floor
Bedroom
13'9" × 9'5"
2nd Floor
Bedroom
12'2" × 9'6"
2nd Floor
Bedroom - Primary
13'2" × 11'11"
Basement
Other
11'1" × 7'1"
Basement
Bedroom
11'7" × 10'10"
Basement
Family Room
14'6" × 13'1"
Basement
Game Room
11'10" × 10'2"
Basement
Furnace/Utility Room
15'7" × 7'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'8" x 4'4"
2nd Floor
No
4
7'10" x 6'9"
Basement
No
2
6'5" x 5'6"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
Bar
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
Rear Porch
Lot Features:
Back Lane, Corner Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-G
Listed Date:
May 08, 2025
Days on Mkt:
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Listed by Grand Realty
Data was last updated June 20, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$589,950
Min list price:
$345,000
Max list price:
$758,800
Avg days on market:
29
Min days on market:
1
Max days on market:
122
Avg price per sq.ft.:
$430.86
These statistics are generated based on the current listing's property type and located in Coventry Hills. 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