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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Find Your Perfect Home in Southeast Calgary: Browse by Price Range
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| $400,000 - $500,000 | $700,000 - $800,000 | SW CALGARY HOMES FOR SALE |
Explore Mahogany's Diverse Real Estate Offerings
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There are several ways to contact Diane Richardson:
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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.
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Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
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Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
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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.
BEARSPAW CALGARY HOMES FOR SALE
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254209 Woodland Road: Rural Rocky View County Detached for sale : MLS®# A1109040
254209 Woodland Road Rural Rocky View County T3L 2R2 
$3,100,000Residential- Status:
- Active
- MLS® Num:
- A1109040
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 2,026 sq. ft.
Immaculate Home close to Calgary situated on a sub-dividable 15.99 acre lot surrounded by beautiful trees and landscaping. Italian inspired construction with predominant concrete throughout and a cold room cellar that's naturally cold all year round without mechanical intervention. The 3 Bedroom (two above grade) open concept Walkout Home is well illuminated and features a beautiful kitchen, eating area / dining room, upper loft flex room / floor, gas fire place on main floor, wood burning fire place on lower floor, split access from the garage to the lower level and main level, laundry roughed in upstairs and full laundry downstairs, wet bar downstairs, second kitchen on lower floor and den. Incredible attached heated greenhouse and enclosed patio in the back. More detailsListed by MarketEdge Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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260182 Bearspaw Road: Rural Rocky View County Residential Land for sale : MLS®# A2179299
260182 Bearspaw Road Rural Rocky View County T3R 1K7
$3,450,000Land- Status:
- Active
- MLS® Num:
- A2179299
A rare and wonderful opportunity to purchase highly desirable land just outside of Calgary city limits! Nestled in the luxury community of Bearspaw, this scenic and sprawling property boasts 30 acres of picturesque natural beauty. A perfect blend of serenity and convenience, this property offers wide open spaces and the feeling of getting away from the hustle and bustle of city life, while still being less than 10 minutes from Calgary shops and services. This property is 30-acres and offers unparalleled potential for development. With zoning designated as Rural Residential, the land is perfectly positioned for subdivision into smaller lots, each with a minimum size of 3.95 acres ( 7 Lots). This makes it an ideal investment for those looking to create a boutique residential community, catering to families and individuals who desire the peace of rural living without sacrificing proximity to city amenities. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
75 Gray Way Rural Rocky View County T3R 1K7
$5,500,000Residential- Status:
- Active
- MLS® Num:
- A2179465
- Bedrooms:
- 6
- Bathrooms:
- 7
- Floor Area:
- 6,002 sq. ft.
This architectural masterpiece offers an impressive fully furnished 13,500 SF of lavish living space, including a sprawling 2,700 SF gymnasium. A grand foyer, adorned with an imperial spiral staircase, warmly welcomes your guests. High ceilings grace this abode, featuring 7 bedrooms, 6 ensuite bathrooms, 3 additional bathrooms, an exercise room, a theatre room, and a formal dining room. This custom-designed residence offers an array of luxurious amenities, meticulously crafted for your entertainment and pleasure. The interior spaces are versatile, accommodating everything from formal dinners and cocktail soirées to movie nights, fully equipped karaoke system and lively games of basketball or badminton. The main level also boasts a bright sitting area with a well-appointed bar, a games area, and a magnificent sunroom. The open gourmet kitchen comes equipped with high-end built-in appliances, satisfying even the most discerning chefs. The primary bedroom retreat is a true oasis, complete with a cozy sitting area, a balcony, a walk-in closet with custom organizers, a soothing waterfall shower, and a rejuvenating Jacuzzi tub. Outside, a multi-level deck and terrace provide covered and open spaces for outdoor entertainment, all while offering panoramic views of the rolling Calgary hills. The private backyard is enveloped by lush landscaping and towering trees. With a 5-car insulated oversized garage and ample paved parking for guests, convenience is never compromised. Ideally situated, this home is just a short 5-minute drive from Bearspaw Golf Club and only 10 minutes away from Calgary's shopping, restaurants, schools, and more. Designed with the principles of Feng Shui, this estate fosters balance and harmony between you and the natural world that surrounds it. Don't miss the opportunity to make this stunning property your own. More detailsListed by Royal LePage Solutions- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1 255100 Lochend Road: Rural Rocky View County Commercial Land for sale : MLS®# A2186392
1 255100 Lochend Road Rural Rocky View County T4C 2H2
$5,950,000Land- Status:
- Active
- MLS® Num:
- A2186392
Calling all developers and investors. Here, you’ll find a fabulous 104.35-acre property in Bearspaw. Bearspaw is one of Calgary's most sought after and popular higher-end communities. Location, location, location. This parcel has it all! The parcel is close to Calgary City limits, next to Highway #1 on Lochend road. The rezoning and subdivision permit for residential development of 2-3 acres should be academic. Here is a distinct possibility of commercial development as well, including Mixed-Use development combining retail, residential and offices. Potential retail uses could be a strip mall, standalone stores or major retailers, while offices could include corporate offices, medical or professional offices. The topography features flat terrain, minimal wetlands or flood risks and no environmental restrictions. Homes on this parcel of land will enjoy stunning and panoramic mountain views. There is greenery all around you. Stable soil should support building foundations without expensive preparation work. The rectangular shape is conducive to efficient lot or buildings layouts. The future growth potential here is huge! The parcel is in area poised for expansion, and near planned developments. Bearspaw features some of the most expensive homes and acreages in the Calgary area. This parcel is suitable exactly for this purpose: high end, luxurious homes. There is an income from the rental of the house, as well as small farming income. The House rents for $1800 per month, and the trailer home rents for $1750 per month, both including utilities. There is an additional income from a farmer. Who comes in cuts and collects the grass for hay. This ranges from $600 to $2000. This is a rare opportunity to own one of the more desirable parcels of land west of Calgary. Property is attractively priced. Book a showing today. More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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32079 Willow Way: Rural Rocky View County Residential Land for sale : MLS®# A2187178
32079 Willow Way Rural Rocky View County T4C 2Y4
$590,000Land- Status:
- Active
- MLS® Num:
- A2187178
This is a new 4.74 acre lot in the Bearspaw Area, just west of Lochend Road. on Willow Way. This property has nice grassland. The Rocky View Water Coop capacity unit (paid for by the developer). This land has a private paved approach, gently rolling land, and is south sloping. There is no restrictive covenant, no building commitment, nor Home Owners Association. The smallest lots in this area are 4 acres in size. The lot corners are triple flagged, and the lot lines have single flags on the stakes. The fence line on the west side is inside the lot by a couple of meters. This is one of four lots on this subdivision. Two are sold. This is a peaceful tranquil setting adding a blend of privacy and open space. Perfect for Country Residential living tucked away in a beautiful setting and away from the main road traffic with no through traffic. Numerous walk out sites available on this lot, with a south backyard exposure. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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262098 Range Road 33: Rural Rocky View County Residential Land for sale : MLS®# A2187773
262098 Range Road 33 Rural Rocky View County T4C 1A2
$649,000Land- Status:
- Active
- MLS® Num:
- A2187773
This is a very private just under 4 acre lot located in Bearspaw. The property is generally flat. The north half is heavily treed with willows, and the south half is generally open. Great building sites. Range Road 33 is paved right to the gate. The paved approach on the east side of RR 33 has minimal grade change, and leads to the a building site in the trees or to the open area. The Zoning is R-RUR, so some animals on site are permitted. Since most of the land is treed, it will be easy to maintain the open (pasture) area and leave the sheltered treed area for wildlife. Great south exposure. The new title should be in place by the end of April this spring. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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W-5 R-2, T- 26 ,S-9 Q-SE & SW Range Road 24 Road NW: Rural Rocky View County Residential Land for sale : MLS®# A2190238
W-5 R-2, T- 26 ,S-9 Q-SE & SW Range Road 24 Road NW Rural Rocky View County T3R 1E4
$8,750,000Land- Status:
- Active
- MLS® Num:
- A2190238
Sellers would look at vendor financing (VTB). This area is being identified as a future residential growth area between Calgary and Bearspaw, Currently zoned AG, Prime development location. This property provides an excellent opportunity for a developer/investor.281 ACRES of land. It is inside the Bearspaw Area Structure Plan. .Located 1/4 mile north of the Calgary city limits near the northwest Calgary community of Rocky Ridge Ranch. Between Rocky Ridge Road and Range Road 23. .- This land is extremely well situated to benefit from the continuing expansion around it. With each major announcement, the land becomes more valuable. The MD of Rocky View has set records for development to meet strong real estate demand in the surrounding areas. This property a minute from Calgary.. This property is located within an approved Area Structure Plan in Rocky View County More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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17 Silverhorn Park: Rural Rocky View County Detached for sale : MLS®# A2190414
17 Silverhorn Park Rural Rocky View County T3R 1C9
$2,199,999Residential- Status:
- Active
- MLS® Num:
- A2190414
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,449 sq. ft.
OPEN HOUSE SATURDAY JUNE 1ST 12:00PM-2:00PM. This brand-new bungalow in the prestigious Silverhorn community offers over 4,500 square feet of luxury living on a stunning acreage. With five spacious bedrooms, including a main-level primary suite, guest bedroom and office that can easily function as another bedroom, this home is designed for both functionality and style. The open-concept floor plan features a stunning kitchen with floor-to-ceiling cabinetry, a large island, and high-end stainless-steel appliances, including a gas range with six burners and full-sized fridge and freezer. Entertain with ease in the expansive lower level, complete with a wet bar, theatre room, gym, and plenty of space for a games room and family room. The home’s large windows fill the space with natural light, offering beautiful South-facing views and seamless indoor-outdoor living with a covered deck and exposed aggregate patio. Enjoy the convenience of a triple-car heated garage, high ceilings, designer lighting, and exquisite finishes throughout, including a spa-like primary ensuite with a steam shower, soaker tub, and a massive walk-in closet. Located just under 30 minutes to downtown, this home is a rare move-in-ready gem in a sought-after location. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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41 Damkar Drive: Rural Rocky View County Detached for sale : MLS®# A2192979
41 Damkar Drive Rural Rocky View County T3L 0E8
$2,559,000Residential- Status:
- Active
- MLS® Num:
- A2192979
- Bedrooms:
- 6
- Bathrooms:
- 5
- Floor Area:
- 3,808 sq. ft.
Masterfully executed in a transitional design style, this exquisite Family Home showcases nearly 5,500 sf of impeccable luxury defined by unparalleled craftsmanship and the highest quality of finishes throughout, including an ELEVATOR allowing for ease of accessibility to all three floors. The exterior architecture exudes a timeless appeal from the peaked rooflines to the "eyebrow" detailing to the rich stone accents, incredible window designs, a front veranda & upper balcony, and a striking "piece de resistance" front door. The beautifully landscaped front and back gardens impress with perfectly manicured flower beds, and a textural melange of shrubs and trees. The home's layout is outstanding, while the interior design elements will leave a lasting impression on the most discerning "eye for design". The main floor boasts soaring ceiling heights with coffered detailing, incredible large windows flooding the interior with streams of natural light, custom millwork designs, beautiful wide plank hardwood floors, timeless floor and backsplash tile designs and last but not least, exquisite "Schonbek" chandeliers. The grand, light-filled great room features a magnificent fireplace and is open to the decadent kitchen and an elegant dining room perfectly suited to hosting dinner parties for family and friends. The front study offers complete privacy and leads to a unique "plant sunroom". The custom designed kitchen is a chef's dream featuring high-end appliances, ample storage with pullout units, a gigantic center island, timeless quartz countertops, a coveted "Hammersmith" range hood and, last but not least, an impressive chevron pattern backsplash design executed with the utmost precision. Beautifully designed stairs ascend to the upper level complete with three bedrooms and a bonus room, perfectly suited for the children's play area, a TV/games room, or a study room. The master suite is a luxurious retreat complete with wool carpeting, a showpiece chandelier, its own West-facing balcony and a lavish spa-like ensuite and "dressing room" - a fashionista's dream. Each of the children's bedrooms offers its own chic ensuite bath. The lower level is a true "entertaining haven" featuring a family/TV room that opens onto a private patio area, a wet bar complete with custom furniture-piece units, a wine room, three additional bedrooms, one of which being designated as an exercise room, a full bathroom and a large storage/cold room area. The double and single garage spaces are heated. The single garage is complete with 220 V wiring to allow for an EV charging station. The monthly HOA fees include front yard maintenance, including weekly mowing/trimming; weekly curbside garbage/recycling pickup; snow removal on the streets, sidewalks, pathways & the central plaza; maintenance of the central plaza, cascading ponds, outdoor kitchen, playgrounds. Please refer to the community website for a wealth of information. MUST BE SEEN! More detailsListed by Coldwell Banker Mountain Central- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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262057 Poplar Hill Drive: Rural Rocky View County Detached for sale : MLS®# A2199613
262057 Poplar Hill Drive Rural Rocky View County T3R 1C7
$1,630,000Residential- Status:
- Active
- MLS® Num:
- A2199613
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,427 sq. ft.
Discover the incredible potential of this 19.7-acre property, perfect for future subdivision. Nestled in the highly desirable Bearspaw area, this spacious residence is just minutes from Rocky Ridge amenities and a short drive to downtown Calgary. Upon entry, you're welcomed by a bright and inviting living room featuring a charming wood-burning fireplace. The open-concept kitchen is well-equipped with ample cabinetry and appliances, ensuring both functionality and convenience. The main level boasts a generously sized master bedroom, a well-appointed secondary bedroom, and a full bathroom. A beautiful west-facing sunroom enhances the living space, providing a perfect retreat to enjoy natural light and serene views. The fully developed basement provides even more living space, featuring a large entertainment area and two additional bedrooms. This property is an excellent choice for country living, a holding investment for future development, a home-based business, or the perfect location for your dream ranch. Enjoy breathtaking mountain views from the top of the road and a two-story home built on this site. Book your private showing today! More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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11 Silverhorn Terrace: Rural Rocky View County Detached for sale : MLS®# A2201882
11 Silverhorn Terrace Rural Rocky View County T3R 0X3
$3,299,999Residential- Status:
- Active
- MLS® Num:
- A2201882
- Bedrooms:
- 7
- Bathrooms:
- 8
- Floor Area:
- 4,823 sq. ft.
This stunning new build in the prestigious neighborhood of Silverhorn, Bearspaw, masterfully crafted by Investa Homes. Offering over 7,000 square feet of exquisitely designed living space on 1.4 acres of lush, private land, this home is the perfect private estate. Currently in the framing stages and set for completion in July 2025, there is still time to customize this exceptional home. Thoughtfully designed for both comfort and convenience, it features five bedrooms above grade, including a main-floor suite perfect for elder visitors, while the second level boasts four spacious bedrooms, each with its own ensuite. The home is designed for both relaxation and entertainment, featuring a home theatre, wet bar, games area, and a fully equipped home gym. The expansive kitchen, complete with an adjacent spice kitchen, is ideal for culinary enthusiasts. A five-car garage provides ample space for vehicles and storage, while a an elevator offers convenience. Located just 30 minutes from downtown Calgary and under 25 minutes from top private schools, this exceptional estate blends luxury, functionality, and privacy in one of Bearspaw’s most coveted communities. Secure your opportunity to personalize this extraordinary home before it’s complete. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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240 Brown Bear Point: Rural Rocky View County Detached for sale : MLS®# A2198496
240 Brown Bear Point Rural Rocky View County T4C 0B5
$2,374,900Residential- Status:
- Active
- MLS® Num:
- A2198496
- Bedrooms:
- 4
- Bathrooms:
- 5
- Floor Area:
- 2,653 sq. ft.
Imagine yourself enjoying luxurious acreage living in the prestigious community of BEARSPAW COUNTRY ESTATES This award-winning home, recognized with the 2016 SAM AWARD FOR BEST BASEMENT RENOVATION is a perfect blend of modern style, advanced technology, and charming curb appeal. Boasting 5,170 SQUARE FEET OF LIVING SPACE, it was designed with both entertaining and everyday living in mind, ready to accommodate a single or multi-generational family of any size. Nestled on two beautifully LANDSCAPED ACRES, this turnkey property offers breathtaking MOUNTAIN AND SUNSET VIEWS and serene surroundings, complemented by top-of-the-line upgrades inside and out. Be awed at every turn by high-end appliances, RESTORATION lighting, vaulted ceilings, power blinds and shutters, dual IBC SL 28-160 residential/light commercial BOILERS , KINETICO water filtration/ softener system, in-floor heating, custom built-ins, and STEAM SHOWERS . The main level features two grand-sized bedrooms, an expansive living room, a beautiful formal dining room, and a home office. The master suite is a private oasis, boasting a SPACIOUS spa bathroom complete with a steam shower, air tub and heated towel rack. The open-concept design invites warmth and connection while providing ample space for relaxation and entertainment. The award-winning basement is an ENTERTAINER'S DREAM , showcasing rich HAND-SCRAPED HARDWOOD floors and a large entertainment area. This impressive space includes a HOME THEATRE , a dedicated kids' zone, a massive wet bar/summer kitchen, two generous-sized bedrooms with large walk-in closets, an ENORMOUS flex room with ample storage, built-in CUSTOM CABINETRY , and an additional games room. The exterior is as remarkable as the interior. The attached garage is a handyman's paradise, featuring FOUR bays, a CAR LIFT , built-in cabinets, IN-FLOOR heating, and multiple workbenches. The detached, oversized double garage has been transformed into a commercial-quality fitness facility with over 900 square feet of functional space, which could easily be transformed back to additional garage space, a storage area in the loft, and its own IN-FLOOR HEATING AND BOILER SYSTEM. Additional exterior features include new (2023) TWO CHAMBERED CONCRETE holding/cistern tank, a stunning COVERED DECK with panoramic mountain views, a smartphone or keypad-activated FRONT GATE, security system with lighting and cameras, a JACUZZI hot tub, and a large workshop/garden shed wired with 220V power. The thoughtful landscaping includes an elaborate 4,000-litre tank and RAIN COLLECTION system, extensive STONEWORK, mature trees bordering the property, and charming features like a child's dream PLAYHOUSE , a TRAMPOLINE area with RUBBER MULCH , and a custom doghouse that matches the home. Every corner of this exceptional property reflects CRAFTSMANSHIP and METICULOUS care, offering the perfect blend of comfort, technology, and timeless elegance. Don’t miss your opportunity to own this extraordinary ESTATE IN BEARSPAW . More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated June 5, 2025 at 12:05 PM (UTC)
Featured Listing
316042 160 Avenue West
$1,995,000
MLS®#: A2219597
Bedrooms: 4
Bathrooms: 4.0
Floor Area: 2,583.02 sq. ft.
CIR Realty