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 + more
Jun 21, 2025 02:00 PM - 04:00 PM MDT

2031 Palermo Way SW
Palliser Calgary T2V 5J6

$869,000
Residential beds: 3 baths: 4.0 2,363 sq. ft. built: 1992

Main Photo: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 1: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 2: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 3: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 4: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 5: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 6: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 7: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 8: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 9: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 10: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 11: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 12: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 13: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 14: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 15: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 16: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 17: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 18: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 19: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 20: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 21: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 22: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 23: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 24: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 25: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 26: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 27: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 28: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 29: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 30: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
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Photo 35: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 36: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 37: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 38: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 39: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 40: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 41: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 42: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 43: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 44: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
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Photo 46: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
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Photo 48: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 49: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Photo 50: 2031 Palermo Way SW in Calgary: Palliser Semi Detached (Half Duplex) for sale : MLS®# A2215955
Open House - Jun 21, 2025
02:00 PM - 04:00 PM MDT
NOTES: Open House on Saturday, June 21, 2025 2:00PM - 4:00PM Retire in Style with NO 'down size' compromises! Executive 2ST in the VILLAS AT WEST PARK - 3200 ft2 of living space. PRIVATE SETTING backing a treed courtyard -STEPS away from the GLENMORE RESERVOIR, Glenmore Landing Shopping Mall, JCC and the Rockyview hospital.
Open House - Jun 22, 2025
02:00 PM - 04:00 PM MDT
NOTES: Open House on Sunday, June 22, 2025 2:00PM - 4:00PM Retire in Style with NO 'down size' compromises! Executive 2ST in the VILLAS AT WEST PARK - 3200 ft2 of living space. PRIVATE SETTING backing a treed courtyard -STEPS away from the GLENMORE RESERVOIR, Glenmore Landing Shopping Mall, JCC and the Rockyview hospital.
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2215955
Bedrooms:
3
Bathrooms:
4
Year Built:
1992
This Immaculate and well cared for Executive 2ST in the ‘VILLAS AT WEST PARK,’ is nestled in a PARKLIKE, PRIVATE SETTING AND STEPS away from the GLENMORE RESERVOIR, Glenmore Landing Shopping Mall, JCC anD Rockyview hospital! ITS EASY TO SEE WHY THIS MANUCURED COMPLEX IS ON EVERYONE'S WISH LIST! With 3 Bedrooms (2+1), 3.5 baths (2 ensuites), DOUBLE ATTACHED garage w/ epoxy floors, fully finished basement, and it backs SW into a large private TREED courtyard. Almost 3200ft2 of developed space. HARDWOOD FLOORING throughout main floor (except vaulted foyer). Bright & Open Island kitchen with granite countertops, built in desk and breakfast nook. Formal Living Room & Dining Room with upper glass windows for natural light. Cozy Family Room with built-in shelving, several SW windows, rock fireplace and mantle. Open & bright island kitchen with granite countertops and eating area. Spacious Primary bedroom upstairs has walk-in closet & 6pc ensuite (soaker tub, his/her sinks, WC & steam shower). 2nd bedroom up has 4pc ensuite. SXS laundry room up. Fabulous office/2nd family room upstairs has a wall of windows backing pine trees for privacy and is open to the foyer below. Basement has large games room, 3rd bedroom, media room and 4pc bath. Plenty of storage in the utility room, cedar closet & wine/cold room. Spacious and organized double garage has epoxy flooring, built-in Workbench and tool racks (all can stay) with several tools. Minutes to the ringroad. NO AGE RESTRICTIONS. Pets allowed with board approval (see agent remarks). Proactive condo board (ALL POLY B remediated years ago, concrete driveways ALL just redone). YES - this home has air conditioning!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Attached-Side by Side
Total Living Area:
2,363 sq. ft.
Main Level Finished Area:
1,108 sq. ft.
Upper Level Finished Area:
1,255 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
823 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$919.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Includes:
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:
Unit Exposure:
Northeast
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
8
Year built:
1992 (Age: 33)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
9211116
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Family Room, Gas, Mantle, Stone
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Upper Level
Condo Fee Frequency:
Monthly
West Park Phase I
Palliser
Gazebo, Visitor Parking
Dishwasher, Double Oven, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer, Water Softener, Window Coverings
Pool table & equipment downstairs, work bench and storage racks (several tools) in the garage. Awning on deck. 2 air conditioners
Pet Restrictions or Board approval Required, Pets Allowed, Phone Listing Broker
Restrictions, Call, Cats OK
Floor
Type
Size
Other
Main Floor
Living Room
13'5" × 13'
Main Floor
Dining Room
11'8" × 10'6"
Main Floor
Kitchen With Eating Area
22'6" × 11'11"
Main Floor
Family Room
15'1" × 11'9"
Main Floor
Mud Room
5'6" × 3'6"
Main Floor
Foyer
7'4" × 7'1"
2nd Floor
Bedroom
14'6" × 11'1"
2nd Floor
Laundry
6'2" × 5'7"
2nd Floor
Office
15'9" × 12'7"
2nd Floor
Bedroom - Primary
20'5" × 15'
2nd Floor
Walk-In Closet
8'5" × 8'3"
Lower Level
Bedroom
10'10" × 10'8"
Lower Level
Game Room
17'11" × 14'11"
Lower Level
Media Room
13'1" × 12'1"
Lower Level
Storage
7'1" × 6'1"
Lower Level
Furnace/Utility Room
21'4" × 10'
Lower Level
Wine Cellar
4'9" × 4'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 7'9"
2nd Floor
Yes
4
4'11" x 7'8"
2nd Floor
Yes
6
11'7" x 12'6"
Lower Level
No
3
5'5" x 9'3"
Title to Land:
Fee Simple
Community Features:
Fishing, Other, Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bookcases, Built-in Features, No Animal Home, No Smoking Home
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Backs on to Park/Green Space
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-C1
Listed Date:
May 08, 2025
Days on Mkt:
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Listed by RE/MAX House of Real Estate
Data was last updated June 18, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$497,400
Min list price:
$256,800
Max list price:
$869,000
Avg days on market:
27
Min days on market:
5
Max days on market:
111
Avg price per sq.ft.:
$395.49
These statistics are generated based on the current listing's property type and located in Palliser. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA