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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135 Cranridge Crescent SE
Cranston Calgary T3M 0N7

$759,000
Residential beds: 4 baths: 4.0 2,106 sq. ft. built: 2007

Main Photo: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 1: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 2: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 3: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 4: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 5: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 6: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 7: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 8: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 9: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 10: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 11: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 12: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 13: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 14: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 15: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 16: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 17: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 18: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 19: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 20: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 21: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 22: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Photo 23: 135 Cranridge Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2214116
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2214116
Bedrooms:
4
Bathrooms:
4
Year Built:
2007
Welcome to this beautifully maintained and feature-rich home nestled on a quiet street in sought-after Cranston—just a short walk from schools, Century Hall, and Cranston Market. Situated on an extra-long 40-meter lot, this property offers an incredible backyard—perfect for families, entertaining, or future landscaping dreams. Step inside to discover over 2,500+ sq ft of finished living space, including 3 spacious bedrooms upstairs plus a 4th in the fully developed walk-up basement. The main floor boasts 9’ ceilings, hardwood and tile flooring, elegant pot lights, and a beautiful maple fireplace that anchors the cozy great room. The kitchen is a chef’s dream with granite countertops, 42” cabinets, stainless steel appliances, and a garburator. A large dining nook, private den with double French doors, and a grand open foyer with wide staircase complete the main level. Upstairs, the primary suite is a true retreat, featuring a spa-inspired ensuite with a 48” shower, soaker tub, and extended vanity. Two additional large bedrooms, a massive bonus room with 9.5’ ceilings, bright windows, and surround sound rough-in round out the upper level. The walk-up basement adds incredible flexibility with a large recreation area, bedroom, full bath, storage space, and 220V plug-in—ready for a future kitchen suite. This home is the total package—location, layout, and livability. Don’t miss your chance to own in one of Calgary’s most vibrant communities. Book your showing today and imagine the possibilities!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
2,106 sq. ft.
Main Level Finished Area:
897 sq. ft.
Upper Level Finished Area:
1,209 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
4,736 sq. ft.
Lot Frontage:
36'1"
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:
Unit Exposure:
South
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2007 (Age: 18)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0716326
Heating:
Central, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway, Garage Faces Front
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
HOA Fee:
$146.00
Cranston
Other
Dishwasher, Electric Range, Range Hood, Refrigerator, Washer/Dryer
Shed
See Remarks
Floor
Type
Size
Other
Main Floor
Office
10'6" × 8'11"
Main Floor
Living Room
14' × 11'5"
Main Floor
Dining Room
13'5" × 7'1"
Main Floor
Kitchen With Eating Area
11'10" × 9'1"
Upper Level
Bonus Room
18'11" × 14'4"
Upper Level
Bedroom
10'10" × 10'
Upper Level
Bedroom
11' × 10'10"
Upper Level
Bedroom - Primary
14' × 13'5"
Basement
Bedroom
12'11" × 9'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3' x 6'11"
Main Floor
Yes
4
9'3" x 11'2"
Upper Level
No
4
4'11" x 8'
Basement
No
4
4'11" x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Granite Counters, High Ceilings, Kitchen Island, Pantry, Separate Entrance, Walk-In Closet(s)
Exterior Features:
Outdoor Kitchen, Private Entrance, Private Yard, Storage
Patio And Porch Features:
Deck, Patio, Screened
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Apr 23, 2025
Days on Mkt:
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Listed by URBAN-REALTY.ca
Data was last updated June 16, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
113
Avg list price:
$664,900
Min list price:
$239,900
Max list price:
$1,936,000
Avg days on market:
23
Min days on market:
3
Max days on market:
105
Avg price per sq.ft.:
$409.28
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706