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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31 Gleneagles Terrace
GlenEagles Cochrane T4C 1W4

$1,050,000
Residential beds: 4 baths: 4.0 2,516 sq. ft. built: 2002

31 Gleneagles Terrace
Photo 1: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 2: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 3: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 4: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 5: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 6: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 7: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 8: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 9: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 10: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 11: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 12: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 13: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 14: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 15: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 16: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 17: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 18: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 19: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 20: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 21: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 22: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 23: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 24: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 25: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 26: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 27: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 28: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 29: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 30: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 31: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 32: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 33: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 34: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 35: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 36: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 37: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 38: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 39: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 40: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 41: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 42: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 43: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 44: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 45: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 46: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 47: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 48: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 49: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Photo 50: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2235467
Bedrooms:
4
Bathrooms:
4
Year Built:
2002
Welcome home to this beautifully designed, 3600+ sqft executive home backing onto the 11th tee box of GlenEagles Golf Course, perfectly positioned to enjoy tranquil views without the worry of stray balls in your back yard—zero in 20 years! Flooded with natural light, this home offers refined rich character and function, ideal for a growing family seeking spacious comfort. Main floor highlights include hardwood floors, charming archways, and a wood-burning fireplace with gas lighter in the living room. Custom cabinetry and built-ins enhance both the living room and kitchen, which features a smart ‘triangle’ work flow of stainless steel gas stove, refrigerator with ice/water hookup and sink in the island. The kitchen also features a corner pantry, Vacuflo floor sweeper, and extended sideboard with a built-in desk. A versatile flex room off the kitchen is perfect for a home office, formal dining room, or play area. The patio doors off the dining nook feature a built-in pet door and open to a fully screened-in large deck, complete with a light-diffusing waterproof ceiling, built-in speakers, gas BBQ hookup, and secure pet access to the yard. The expansive screened in deck truly expands the main floor living space to the outdoors, enabling full enjoyment of the natural beauty surrounding this home and even allowing for BBQing in the rain. The backyard also offers a built in stone patio with firepit and plenty of private greenspace for the kids or pets. The oversized double garage includes extra storage and a triple-wide driveway, so this home offers 5 private parking spaces (room for two inside, three out front!).  In exploring the upper level you will find the spacious primary suite spans the back of the home and features a cozy gas fireplace, built-in speakers, and incredible golf course views. The spa-inspired ensuite is your private sanctuary, featuring a corner jetted tub, standalone shower, private lavatory, and a generous walk-in closet.  The upstairs also offers 2 additional bedrooms which are equitably-sized, a stylish 4-piece main bath, separate laundry room, and ample closet storage space. Downstairs, the fully developed basement offers a large family / rec room ready for movie nights or home gym sessions, a wine shelf and wet bar for effortless entertaining, a 5 piece bathroom and an enclosed room with french doors and egress window that would be perfect as a guest bedroom suite, hobby space or playroom. This neighbourhood features walking paths with stunning, expansive views of the river valley and the Rocky mountains, playgrounds and easy access into Cochrane, or east on Hwy 1A to the City of Calgary. Don't miss the chance to make this one-of-a-kind golf course haven the backdrop to your family’s next chapter. It’s more than a home... it’s a lifestyle.
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:
2,516.38 sq. ft.
Main Level Finished Area:
1,254.75 sq. ft.
Upper Level Finished Area:
1,261.63 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,241.75 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
6,056 sq. ft.
Lot Frontage:
49'3"
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:
Southeast
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2002 (Age: 23)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0113197
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stone, Vinyl Siding
Structure Type:
House
Roof:
Shake, Wood
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
2
Fireplace Details:
Blower Fan, Gas, Gas Starter, Living Room, Primary Bedroom, Tile, Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Garage Door Opener, Oversized, See Remarks
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
Laundry Room, Upper Level
HOA Fee:
$125.00
GlenEagles
Other
Bar Fridge, Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator, See Remarks, Washer/Dryer, Window Coverings
Tall Dresser in Primary Walk In Closet, Wine Shelf In Bsmt Nook Besides Stairs, Original Glass For Patio Door, Exterior Speakers & Light Strings In Screen Room on Deck, Attached Shelving In Garage
See Remarks, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
14'3" × 12'8"
Main Floor
Dining Room
12'6" × 9'7"
Main Floor
Living Room
18'4" × 14'10"
Main Floor
Flex Space
12'2" × 11'5"
Main Floor
Foyer
10' × 7'7"
Main Floor
Covered Porch
10'4" × 7'9"
Main Floor
Mud Room
7'7" × 7'7"
Main Floor
Sunroom/Solarium
33'6" × 12'2"
2nd Floor
Bedroom - Primary
19'9" × 13'5"
2nd Floor
Bedroom
12'4" × 10'
2nd Floor
Bedroom
12' × 10'
2nd Floor
Laundry
7'1" × 5'7"
Basement
Family Room
16'9" × 12'7"
Basement
Game Room
19'3" × 14'5"
Basement
Bedroom
19' × 11'4"
Basement
Furnace/Utility Room
14' × 9'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'6" x 5'
2nd Floor
Yes
4
12'10" x 12'7"
2nd Floor
No
4
8'3" x 8'2"
Basement
No
5
13'9" x 5'
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Breakfast Bar, Built-in Features, French Door, Jetted Tub, No Smoking Home, Open Floorplan, Pantry, See Remarks, Storage, Sump Pump(s), Walk-In Closet(s), Wet Bar, Wired for Sound
Exterior Features:
BBQ gas line, Fire Pit, Lighting, Other
Patio And Porch Features:
Deck, Enclosed, Screened, See Remarks
Lot Features:
Back Yard, Environmental Reserve, Landscaped, On Golf Course, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Rocky View County
Zoning:
R-LD
Listed Date:
Jun 28, 2025
Days on Mkt:
  • Photo 1: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    31 Gleneagles Terrace
  • Photo 2: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Front Elevation Shows Triple-wide Driveway
  • Photo 3: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Covered Front Porch Entry
  • Photo 4: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View Of Foyer & Flex Room
  • Photo 5: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Foyer Includes Spacious Front Closet
  • Photo 6: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View of Foyer, Flex Room & Living Room
  • Photo 7: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Flex Room Could Be Formal Dining, Home Office or Play/Games Room
  • Photo 8: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Main Floor Living Room With Wood Burning Fireplace
  • Photo 9: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Main Floor Living Room Showcasing Custom Built Ins
  • Photo 10: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Open Concept Kitchen, Living Room & Dining
  • Photo 11: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Dining Nook Features Custom Cabinetry of Sideboard & Built In Desk & Patio Doors to Screened In Deck
  • Photo 12: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Professionally Installed Screened In Deck With Light-Diffusing Waterproof Ceiling
  • Photo 13: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Professionally Installed Screened In Deck With Light-Diffusing Waterproof Ceiling
  • Photo 14: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Professionally Installed Screened In Deck With Light-Diffusing Waterproof Ceiling
  • Photo 15: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Professionally Installed Screened In Deck With Light-Diffusing Waterproof Ceiling
  • Photo 16: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Open Concept Dining Nook, Living Room & Kitchen
  • Photo 17: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Custom Curved Woodwork on Centre Kitchen Island
  • Photo 18: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Custom Kitchen has Stainless Steel Appliances Including Gas Stove
  • Photo 19: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Custom Kitchen with Corner Pantry
  • Photo 20: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Garage Entry to Mud Room & Half Bath
  • Photo 21: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Half Bath on the Main Level
  • Photo 22: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View of Upper From Top Of Staircase
  • Photo 23: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Primary Bedroom Suite
  • Photo 24: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Primary Bedroom Suite Has Gas Fireplace
  • Photo 25: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    4 Pc Ensuite With Jetted Tub, Built In Vanity Station
  • Photo 26: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    4 Pc Ensuite With Jetted Tub, Standalone Shower & Walk In Closet
  • Photo 27: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View Of Upper Level
  • Photo 28: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    2nd Bedroom On Upper Level
  • Photo 29: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    2nd Bedroom Closet View
  • Photo 30: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    3rd Bedroom On Upper Level
  • Photo 31: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    3rd Bedroom Closet View
  • Photo 32: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    4 Pc Main Bath On Upper Level
  • Photo 33: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Dedicated Laundry Room On Upper Level
  • Photo 34: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Entering Fully Developed Basement Level
  • Photo 35: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Family Room Used As Theatre & Rec/Games Room Used As A Home Gym Space
  • Photo 36: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Wet Bar With Bar Fridge
  • Photo 37: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Family Room Used As Theatre & Rec/Games Room Used As A Home Gym Space
  • Photo 38: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View Of Staircase Leading To Basement Level ... Wine Shelf in Nook Is Included
  • Photo 39: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    4th Bedroom In Basement Level
  • Photo 40: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    5 Pc Bathroom In Basement Level
  • Photo 41: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View Of Backyard & Screened In Deck
  • Photo 42: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    View Of Backyard / Firepit
  • Photo 43: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Night View Of Backyard & Screened In Deck
  • Photo 44: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Home & Lot
  • Photo 45: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Backyard
  • Photo 46: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Backyard & Firepit
  • Photo 47: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Back Of Home Situated on 11th Hole of Gleneagles Golf Course
  • Photo 48: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Home Situated on 11th Hole of Gleneagles Golf Course & Surrounding Neighbourhood
  • Photo 49: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Front Elevation Showcasing Triple-wide Driveway
  • Photo 50: 31 Gleneagles Terrace: Cochrane Detached for sale : MLS®# A2235467
    Aerial View Of Home Situated on 11th Hole of Gleneagles Golf Course & Surrounding Neighbourhood
Listed by CIR Realty
Data was last updated July 31, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
300
Avg list price:
$652,500
Min list price:
$239,900
Max list price:
$1,399,900
Avg days on market:
41
Min days on market:
1
Max days on market:
373
Avg price per sq.ft.:
$357.01
These statistics are generated based on the current listing's property type and located in Cochrane. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA