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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1904 48 Avenue SW
Altadore Calgary T2T 2T3

$1,559,000
Residential beds: 4 baths: 4.0 1,967 sq. ft. built: 2025

1904 is the left unit, right. side is sold.
Photo 1: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 2: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 3: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 4: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 5: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 6: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 7: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 8: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 9: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 10: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 11: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 12: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 13: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 14: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 15: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 16: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 17: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 18: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 19: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 20: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 21: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 22: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 23: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 24: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 25: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 26: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 27: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 28: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 29: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 30: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 31: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 32: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 33: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 34: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Photo 35: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2214574
Bedrooms:
4
Bathrooms:
4
Year Built:
2025
Luxury pre-sale opportunity on one of Altadore’s most sought-after streets! Right side is sold, last unit remaining. This is your chance to own a brand-new home with the ability to personalize select finishes to your taste. Built by Jerry Homes, and thoughtfully designed with a unique and functional floor plan, this home features a spacious foyer, soaring 10-foot ceilings on the main level, a dining area with custom wood paneling, and a stunning kitchen with a massive 12-foot island and high end built-in appliances, gold accents, and quartz countertops with under-cabinet lighting. The home showcases exceptional craftsmanship including a great room with a custom multi-tier gas fireplace and a mudroom with beautiful Italian-made checkered floor tiles. Upstairs, 9-foot ceilings frame a lavish primary suite with a 5-piece spa-inspired ensuite featuring in-floor heating, a steam shower, Italian tiles, and two large walk-in closets, along with two additional bedrooms, a 3-piece bath, and a full laundry room. The fully developed basement offers in-floor heat rough-in, a spacious rec room, wet bar, fourth bedroom, 3-piece bath, and a flexible office or gym space. Additional features include A/C rough-in, built-in ceiling speakers, an alarm system, exterior 360° camera rough-ins, and options for further upgrades. Ideally located near top schools, parks, and the trendy shops and restaurants of Marda Loop, this home offers quiet luxury with unbeatable convenience. Please note that the photos are examples of previous work. Some features shown have been upgraded and can be included in this build at an additional cost, Call today to view this property!
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:
1,967 sq. ft.
Main Level Finished Area:
947 sq. ft.
Upper Level Finished Area:
1,020 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
835 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,062 sq. ft.
Lot Frontage:
25'
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:
South
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
6
Year built:
2025 (Age: 0)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
60S
Heating:
In Floor Roughed-In, Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Brick, Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Rough-In
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Altadore
Dishwasher, Dryer, Garage Control(s), Gas Stove, Microwave, Range Hood, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Foyer
5'4" × 5'1"
Main Floor
Pantry
5'1" × 5'
Main Floor
Kitchen
21'3" × 8'6"
Main Floor
Living Room
15'7" × 14'11"
Main Floor
Mud Room
5'10" × 5'7"
2nd Floor
Bedroom
15'7" × 11'10"
2nd Floor
Bedroom
11'8" × 9'9"
2nd Floor
Laundry
5'9" × 5'
2nd Floor
Walk-In Closet
5'9" × 4'4"
2nd Floor
Walk-In Closet
7'7" × 5'8"
2nd Floor
Bedroom - Primary
15'7" × 13'
2nd Floor
Walk-In Closet
5'7" × 4'3"
Basement
Bedroom
14'2" × 11'8"
Basement
Storage
5'11" × 4'4"
Basement
Furnace/Utility Room
6'5" × 6'2"
Basement
Game Room
26'4" × 14'2"
Basement
Storage
6' × 4'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'2" x 5'1"
2nd Floor
No
3
5'8" x 8'9"
2nd Floor
Yes
5
9'9" x 12'6"
Basement
No
3
6'2" x 7'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Built-in Features, Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Apr 27, 2025
Days on Mkt:
  • Photo 1: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    1904 is the left unit, right. side is sold.
  • Photo 2: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    1904 is the left unit,. right side is sold.
  • Photo 3: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 4: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 5: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 6: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 7: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 8: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 9: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 10: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 11: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 12: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 13: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 14: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 15: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 16: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 17: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 18: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 19: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 20: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 21: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 22: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 23: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 24: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 25: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 26: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 27: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Recent Project by Builder
  • Photo 28: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
    Steps to Off-Leash River Park
  • Photo 29: 1904 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2214574
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Listed by Century 21 Bravo Realty
Data was last updated June 21, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$1,149,000
Min list price:
$220,000
Max list price:
$2,880,000
Avg days on market:
29
Min days on market:
1
Max days on market:
296
Avg price per sq.ft.:
$590.05
These statistics are generated based on the current listing's property type and located in Altadore. 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