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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

$200,000 - $375,000 $500,000 - $600,000 $800,000 - $900,000
$350,000 - $500,000 $600,000 - $700,000 $900,000 -
$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

MAHOGANY DETACHED HOMES FOR SALE MAHOGANY CONDOS FOR SALE 
MAHOGANY TOWNHOMES FOR SALE BUNGALOWS FOR SALE IN MAHOGANY

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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Coventry Hills

ASPEN WOODS HOMES FOR SALE FROM $575,000 to $675,000

Forgot password Extend Verify Contact
1-2/2

  • 12 Aspen Hills Terrace SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2217974

    12 Aspen Hills Terrace SW Aspen Woods Calgary T3H 0P3
    Main Photo: 12 Aspen Hills Terrace SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2217974

    12 Aspen Hills Terrace SW Calgary T3H 0P3 Aspen Woods

    $574,900
    Residential
    Status:
    Active
    MLS® Num:
    A2217974
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,482 sq. ft.
    Welcome to effortless elegance in the heart of Aspen Woods. Tucked into the highly sought-after Mosaic of Aspen Hills, this 3-storey townhome delivers the perfect balance of upscale living and low-maintenance convenience — ideal for downsizers, first-time buyers, or professionals seeking a refined lock-and-leave lifestyle. Spanning nearly 1,500 sq ft across three thoughtfully designed levels, this home features 2 generously sized bedrooms—each with its own private ensuite and walk-in closets. The open-concept main level blends functionality with comfort. Enjoy rich hardwood flooring, a thoughtfully designed kitchen built for both function and flair with full-height dark-stained maple cabinetry, sleek granite countertops, a central island, and adjacent dining space—all seamlessly connected to a sun-splashed living room with access to a private balcony overlooking the landscaped courtyard. Whether you’re hosting or unwinding, this layout is designed for easy living. On the ground floor, a spacious flex room offers options galore: home office, home gym, hobby studio—you decide. The double attached garage adds peace of mind with secure parking and extra storage, while the charming fenced front patio create a welcoming presence. Set within walking distance of top-rated public and private schools (including Webber, Rundle, and Guardian Angel), endless parks and pathways, and the West LRT station—this address delivers on location. Shop, dine, and run daily errands within minutes at Aspen Landing, Blush Lane, and nearby boutiques and cafés. This is stress-free living tailored for modern lifestyles. Come home to quality, comfort, and the Aspen experience you’ve been waiting for. This is a must see! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 31 Aspen Hills Common SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2225917

    31 Aspen Hills Common SW Aspen Woods Calgary T3B 4T5
    Main Photo: 31 Aspen Hills Common SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2225917

    31 Aspen Hills Common SW Calgary T3B 4T5 Aspen Woods

    $574,900
    Residential
    Status:
    Active
    MLS® Num:
    A2225917
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,203 sq. ft.
    Welcome to one of the best locations in Mosaic of Aspen Hills—this beautifully situated end-unit townhouse offers unmatched privacy and tranquility in the heart of Aspen Woods. This air-conditioned 2-bedroom, 2.5-bathroom home backs onto a lush canopy of mature trees and fronts a charming, established courtyard. Inside, you’ll find a bright, open-concept main floor that blends functionality with elevated style. The chef-inspired kitchen features a massive granite island, gas range, stainless steel appliances, pantry, and sunny breakfast nook/den—ideal for your morning coffee or home office setup. Large windows flood the space with natural light, while the adjoining living and dining areas offer a warm and welcoming space for entertaining. A convenient powder room and durable laminate flooring complete this level. Upstairs, the thoughtful dual master layout provides the perfect setup for a professional or couple, with both bedrooms offering generous windows, walk-in closets, and private ensuites with granite countertops and heated floors. For added convenience, the laundry room with built-in storage is located on the upper level. The partially finished lower level adds valuable flexibility with mud room area and extra storage offering additional space combining for a total of over 1400 sq. ft. Access your double attached garage directly from this level for ultimate ease year-round. Located just a short stroll from the boutiques, dining, and amenities of Aspen Landing, and offering quick access to Stoney Trail and the mountains, this home perfectly balances urban convenience with natural serenity. Don’t miss your chance to own one of the best-located units in this sought-after community. Book your private showing today! More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS
1-2/2
 <  1  > 
Data was last updated June 16, 2025 at 02:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson
Cell: 403-397-3706