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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162 Sherwood Hill NW
Sherwood Calgary T3R 1P7

$824,888
Residential beds: 4 baths: 4.0 2,379 sq. ft. built: 2010

Main Photo: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 1: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 2: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 3: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 4: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 5: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 6: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Photo 7: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
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Photo 44: 162 Sherwood Hill NW in Calgary: Sherwood Detached for sale : MLS®# A2237445
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2237445
Bedrooms:
4
Bathrooms:
4
Year Built:
2010
Over 3,000 square feet of living space in the heart of Sherwood. A beautifully maintained home offering you lots of high end upgrades that include hardwood floors, granite countertops, stainless steel appliances, high ceilings throughout the home and stylish light fixtures. A vaulted ceiling in the foyer, open concept floor plan with big bright windows on the main floor with a large kitchen, a formal dining room, and a living room with a lovely fireplace. Upstairs you have a bonus room, and yes, another fireplace, with 3 big bedrooms including a massive primary retreat with a luxurious 5-piece ensuite plus a conveniently located laundry room. The basement is completely finished offering another 2 massive bedrooms, living room and a full bathroom for a grand total of 5 bedrooms and 3.5 bathrooms on a massive lot... this is the perfect home to grow your family. Complete with a double attached garage and located close to scenic walking paths, schools, and shopping, this home blends space, function, and convenience in one of Calgary’s most desirable northwest communities.
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:
2,378.56 sq. ft.
Main Level Finished Area:
1,153.11 sq. ft.
Upper Level Finished Area:
1,225.45 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,886 sq. ft.
Lot Frontage:
53'9¼"
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:
Northeast
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2010 (Age: 15)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0813103
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
2
Fireplace Details:
Gas
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway, On Street
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
Sherwood (Calgary)
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
11'7" × 11'1"
Main Floor
Foyer
11'6" × 6'3"
Main Floor
Kitchen
16'1" × 10'7"
Main Floor
Living Room
17'5" × 16'
Main Floor
Mud Room
9' × 6'9"
Main Floor
Office
13'5" × 10'4"
Main Floor
Pantry
5'10" × 4'3"
Upper Level
Bedroom
12'5" × 9'10"
Upper Level
Bedroom
10'7" × 10'1"
Upper Level
Family Room
16'11" × 10'11"
Upper Level
Bedroom - Primary
18'2" × 16'8"
Basement
Bedroom
15'1" × 14'9"
Basement
Bonus Room
13'8" × 9'11"
Basement
Den
10'4" × 5'8"
Basement
Game Room
24' × 15'6"
Basement
Furnace/Utility Room
8'9" × 6'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 4'10"
Upper Level
No
4
4'11" x 10'11"
Upper Level
Yes
5
9'1" x 10'2"
Basement
No
4
8'8" x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
High Ceilings, Kitchen Island, No Smoking Home, Pantry
Exterior Features:
Lighting, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Front Yard, Landscaped, Lawn
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-G
Listed Date:
Jul 06, 2025
Days on Mkt:
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Virtual Tour

Listed by Royal LePage Blue Sky
Data was last updated July 31, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$488,800
Min list price:
$269,900
Max list price:
$929,900
Avg days on market:
36
Min days on market:
6
Max days on market:
120
Avg price per sq.ft.:
$357.5
These statistics are generated based on the current listing's property type and located in Sherwood. 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