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 01, 2025 01:00 PM - 04:00 PM MDT

4515 4A Street SW
Elboya Calgary T2S 1Z8

$3,580,000
Residential beds: 5 baths: 6.0 3,940 sq. ft. built: 2024

Front of Home
Photo 1: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 2: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 3: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 4: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 5: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 6: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 7: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 8: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 9: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 10: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 11: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 12: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 13: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 14: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 15: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 16: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 17: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 18: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 19: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 20: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 21: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 22: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 23: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 24: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 25: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 26: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 27: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 28: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 29: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 30: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 31: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 32: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 33: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 34: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 35: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 36: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 37: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 38: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 39: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 40: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 41: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 42: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 43: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 44: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 45: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 46: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 47: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 48: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 49: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Photo 50: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
Open House - Jun 01, 2025
01:00 PM - 04:00 PM MDT
NOTES: Open House on Sunday, June 1, 2025 1:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2221055
Bedrooms:
5
Bathrooms:
6
Year Built:
2024
Welcome to 4515 4A Street SW located in the highly desirable community of Elboya, situated on a quiet street just steps away from Stanley Park & the Elbow River. This executive home is the latest creation of Ocean Home Construction Inc. A one of a kind masterpiece that boasts over 5700 sqft of developed living space. The main floor consists of a Living Room, Dining Room, Kitchen, Breakfast Nook, Office, Powder Room, Mudroom/Laundry Room & Utility. With soaring 10’ ceilings, engineered hardwood, Italian 24x24 tiles, Bentley 48” gas fireplace, quartz counter-tops & a $80,000 appliance package, the main floor is jaw dropping. The kitchen is a Chefs dream with a 48” Fulgor Milano gas range, two Miele dishwashers, a Scotsman craft ice maker, Miele 60” fridge/freezer combo, and a Miele 24” full height Wine Cooler all wrapped in beautiful black and walnut cabinetry. Upstairs you will find 3 bedrooms each with their own en-suites, a 2nd laundry room, & a private office off the Primary. The Primary en-suite is a show stopper, with heated floors, quartz counter-tops, Spanish tiles, Kohler fixtures & a wet room with dual rain showers & soaker tub. The walk-in closet is a dream with walnut cabinetry, make-up table & quartz island. The magic continues with a fully developed basement with radiant in-floor heating that consists of a custom wine room with glass doors & walnut shelves, a wet-bar with its own ice maker & dishwasher, a large entertainment room wired for 9.1 sound, a gym, two more bedrooms, a large storage room, and another full bath with steam shower, and a custom built sauna with lighting. Outside you will find a large private deck with composite flooring, gas for BBQ & a linear outdoor fireplace. The oversized double attached garage has been fully finished, painted, & heated. FEATURES INCLUDE: ENGINEERED HARDWOOD THROUGHOUT, ITALIAN & SPANISH TILES, QUARTZ COUNTER-TOPS, MIELE APPLIANCES, TWO FIREPLACES, 10’ CEILINGS, WINE ROOM, WET-BAR, STEAM ROOM, SAUNA, GYM, TWO LAUNDRIES, TWO OFFICES, COMPOSITE DECK WITH GAS & FIREPLACE, HEATED ATTACHED OVERSIZED DOUBLE GARAGE, PROGRESSIVE 10 YEAR NEW HOME WARRANTY
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:
3,939.74 sq. ft.
Main Level Finished Area:
2,026.62 sq. ft.
Upper Level Finished Area:
1,913.12 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,854.91 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'½"
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East, West
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2024 (Age: 1)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
6.0 (Full:4, Half:2)
Plan:
6153AC
Heating:
Central, High Efficiency, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Brick, Cement Fiber Board, Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
2
Fireplace Details:
Gas, Living Room, Outside
Garage:
1
Garage Spaces:
1
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Multiple Locations
Elboya
Bar Fridge, Built-In Freezer, Built-In Refrigerator, Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Tankless Water Heater, Washer/Dryer, Washer/Dryer Stacked, Wine Refrigerator
None
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Breakfast Nook
11'5" × 11'
Main Floor
Dining Room
17'8" × 12'10"
Main Floor
Kitchen
21' × 11'3"
Main Floor
Mud Room
12'4" × 11'
Main Floor
Living Room
29'7" × 17'5"
Main Floor
Pantry
8'10" × 7'5"
Main Floor
Furnace/Utility Room
11'2" × 7'11"
Main Floor
Office
11'8" × 10'8"
2nd Floor
Bedroom - Primary
28'10" × 15'1"
2nd Floor
Bedroom
18' × 13'8"
2nd Floor
Bedroom
12'1" × 11'8"
2nd Floor
Office
13'1" × 12'10"
2nd Floor
Walk-In Closet
16'4" × 10'11"
Basement
Game Room
26'5" × 17'2"
Basement
Wine Cellar
10'10" × 5'7"
Basement
Sauna
9' × 5'
Basement
Exercise Room
13'5" × 10'
Basement
Bedroom
12'9" × 11'6"
Basement
Bedroom
12'8" × 11'11"
Basement
Storage
12' × 9'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Main Floor
Yes
3
2nd Floor
Yes
4
2nd Floor
Yes
5
Basement
No
1
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Bookcases, Built-in Features, Closet Organizers, Double Vanity, French Door, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Sauna, Skylight(s), Soaking Tub, Steam Room, Storage, Sump Pump(s), Tankless Hot Water, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data
Exterior Features:
Balcony, BBQ gas line, Lighting, Playground, Private Entrance, Private Yard
Patio And Porch Features:
Balcony(s), Deck, Porch
Lot Features:
Back Lane, City Lot, Front Yard, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
May 15, 2025
Days on Mkt:
  • Photo 1: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Front of Home
  • Photo 2: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Entrance to Home
  • Photo 3: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Breakfast Nook
  • Photo 4: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Kitchen with quartz counters, walnut cabinets & Miele appliances
  • Photo 5: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Kitchen with quartz counters, walnut cabinets & Miele appliances
  • Photo 6: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Dining Room with Miele 24” Wine Fridge
  • Photo 7: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Dining Room with Miele 24” Wine Fridge
  • Photo 8: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Kitchen with quartz counters, walnut cabinets & Miele appliances
  • Photo 9: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Kitchen with quartz counters, walnut cabinets & Miele appliances
  • Photo 10: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    48” Gas range by Fulgor Milano
  • Photo 11: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Kitchen with quartz counters, walnut cabinets & Miele appliances
  • Photo 12: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Kitchen with quartz counters, walnut cabinets & Miele appliances
  • Photo 13: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Butlers Pantry
  • Photo 14: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Open Floorpaln
  • Photo 15: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Breakfast Nook
  • Photo 16: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Living Room with 48” Fireplace
  • Photo 17: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Living Room with 48” Fireplace Living Room with 48” Fireplace
  • Photo 18: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Living Room
  • Photo 19: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Living Room with 8’ sliding doors to deck.
  • Photo 20: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Main floor office
  • Photo 21: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Powder Room
  • Photo 22: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Main floor Mudroom/Laundry
  • Photo 23: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Stairs
  • Photo 24: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Upstairs main laundry
  • Photo 25: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary Bedroom
  • Photo 26: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary Office
  • Photo 27: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary Office
  • Photo 28: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary Bedroom
  • Photo 29: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary Walk-in closet
  • Photo 30: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary en-suite
  • Photo 31: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Primary en-suite
  • Photo 32: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Wet-room with soaker tub
  • Photo 33: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Wet-room with soaker tub
  • Photo 34: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Basement Wet Bar with Ice Maker & Dishwasher
  • Photo 35: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Custom Wine Room with Walnut shelving
  • Photo 36: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Custom Wine Room with Walnut shelving
  • Photo 37: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Entertainment Room with 9.1 sound
  • Photo 38: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Entertainment Room with 9.1 sound
  • Photo 39: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Entertainment Room with 9.1 sound
  • Photo 40: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Entertainment Room with 9.1 sound
  • Photo 41: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Gym
  • Photo 42: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Basement Bathroom
  • Photo 43: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Basement shower/steam room
  • Photo 44: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Basement Custom Sauna
  • Photo 45: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Custom Sauna
  • Photo 46: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Fully finsihed utility room with hot water on demand
  • Photo 47: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Oversized heated and finished double attached garage.
  • Photo 48: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Outdoor composite deck with gas fireplace
  • Photo 49: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Back of home with large driveway for extra parking.
  • Photo 50: 4515 4A Street SW in Calgary: Elboya Detached for sale : MLS®# A2221055
    Steps away from Stanley Park & Elbow River

Virtual Tour

3D Tour

Virtual Tour

Listed by RE/MAX Realty Professionals
Data was last updated May 29, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
6,729
Avg list price:
$589,900
Min list price:
$100,000
Max list price:
$13,888,000
Avg days on market:
28
Min days on market:
1
Max days on market:
670
Avg price per sq.ft.:
$425.55
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706