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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13 Drake Landing Square
Drake Landing Okotoks T1S 0R4

$715,900
Residential beds: 4 baths: 3.0 1,275 sq. ft. built: 2024

Main Photo: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 1: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 2: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 3: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 4: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 5: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 6: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 7: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 8: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 9: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 10: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 11: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 12: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 13: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Photo 14: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162241
Bedrooms:
4
Bathrooms:
3
Year Built:
2024
WELCOME to this BRAND NEW, TRENDY AND UNIQUE VILLA-CONCEPT BUNGALOW. This modern and stylish bungalow is perfect for those looking for a new and luxurious living experience. With its open floor plan and high-end finishes, this villa offers a comfortable and chic space to call home. The large windows let in plenty of natural light, creating a bright and inviting atmosphere. The gourmet kitchen is a chef's dream, with sleek white cabinets,walk-in pantry, quartz countertops, and a center island for prep space and seating. The master bedroom is a peaceful retreat, large enough to accommodate your king-size bed, with a spa-like bathroom and ample storage space in the walk-in closets. Outside, the side patio provides a nice outdoor space to bar-b-que and to relax and unwind, while the attached double garage offers convenience and security. Fully developed lower level with a massive rec room, 2 bedrooms, full bath and storage. Don't miss out on the opportunity to own this stunning villa bungalow! All landscaping will be completed by the builder. Just move in and enjoy!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Bare Land Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
1,275 sq. ft.
Main Level Finished Area:
1,275 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,166 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$244.29
Condo Fee Includes:
Common Area Maintenance, Insurance, Snow Removal, Trash
HOA Fee Includes:
Lot Area:
2,986 sq. ft.
Lot Frontage:
7'1"
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Below Grade
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
2024 (Age: 1)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1611981
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Mixed, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl
Cooling:
None
Fireplaces:
1
Fireplace Details:
Decorative, Electric, Great Room
Garage:
Yes
Garage Spaces:
2
Parking:
Additional Parking, Double Garage Attached, Driveway
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Drake Landing
Park, Parking, Visitor Parking
Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
none
Restrictive Covenant
Yes
Floor
Type
Size
Other
Main Floor
Great Room
13'5" × 13'
Main Floor
Kitchen
16'4" × 9'3"
Main Floor
Dining Room
14'5" × 10'8"
Main Floor
Bedroom - Primary
13' × 11'
Main Floor
Bedroom
10'7" × 9'
Lower Level
Bedroom
12'7" × 8'8"
Lower Level
Bedroom
10'11" × 8'8"
Lower Level
Game Room
35' × 21'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
9' x 5'
Main Floor
Yes
4
12'7" x 5'
Lower Level
No
4
9'2" x 5'
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Quartz Counters, Vaulted Ceiling(s)
Exterior Features:
Private Entrance, Storage
Patio And Porch Features:
Deck
Lot Features:
Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
TN
Listed Date:
Sep 03, 2024
Days on Mkt:
  • Photo 1: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
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  • Photo 14: 13 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2162241
    Photo 14 of 14
Listed by RE/MAX Complete Realty
Data was last updated August 6, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
124
Avg list price:
$666,850
Min list price:
$239,000
Max list price:
$1,924,900
Avg days on market:
33
Min days on market:
0
Max days on market:
336
Avg price per sq.ft.:
$373.5
These statistics are generated based on the current listing's property type and located in Okotoks. 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