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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316 Lineham Acres Drive NW
Lineham Acres High River T1V 1W7

$759,000
Residential beds: 5 baths: 3.0 1,460 sq. ft. built: 2003

Main Photo: 316 Lineham Acres Drive NW: High River Detached for sale : MLS®# A2223748
Photo 1: 316 Lineham Acres Drive NW: High River Detached for sale : MLS®# A2223748
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Photo 37: 316 Lineham Acres Drive NW: High River Detached for sale : MLS®# A2223748
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2223748
Bedrooms:
5
Bathrooms:
3
Year Built:
2003
**OPEN HOUSE Saturday 4-6** STUNNING NATURE VIEWS, GORGEOUS OVERSIZED LOT BACKING ONTO NATURAL DISTRICT, VAULTED CEILING, open concept plan with 2700SQFT+ of living area, five bedrooms, main floor den, WALK-OUT BASEMENT … truly, this bilevel bungalow checks them all! Step inside (click 3D for virtual walkthrough), and you will fall in love with this home’s warm ambiance and beautiful setting. MAIN LEVEL features stunning open concept kitchen with pantry and island, living room with corner fireplace, dining area overlooking back yard, primary bedroom with ensuite bathroom and walk-in closet, and second bedroom plus full bathroom. ENTRY LEVEL a few steps down features home office to one side. LOWER LEVEL features spacious layout, huge windows that flood this space with natural light, in-floor heating, large recreation room, three more bedrooms and full bathroom. All in, this home offers an impressive 5 bedrooms, 1 den, plus 3 full bathrooms. OVERSIZED (21’3” x 24’0”) DOUBLE GARAGE is insulated, drywalled and heated (gas). THEN THERE IS THIS HOME’S BACK YARD PARADISE … oh my, truly a private oasis within a nature reserve, and nearly double the size of most lots in town. Lot backs onto designated natural area and offers plenty of room and privacy for endless hours of outdoor relaxation and fun in the summer, and room for skating rink in winter. Did we mention AC, solar panels that have essentially eliminated electric bills for sellers, and new hot water tank? If you are looking for a spacious bungalow in perfect serene setting, then this is the one!! RECENT UPDATES: solar panels $26K (2024), new hot water heater $5K (2024), new paint throughout (2025)
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,459.67 sq. ft.
Main Level Finished Area:
1,227.79 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,208.95 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,977 sq. ft.
Lot Frontage:
48'2"
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:
West
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
5
Year built:
2003 (Age: 22)
Bedrooms:
5 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
3
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0010456
Heating:
In Floor, Forced Air
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Lineham Acres
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Refrigerator, Washer
Solar Panels (owned), Curtains/Drapes
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
14'3" × 14'
Main Floor
Dining Room
10'8" × 10'7"
Main Floor
Kitchen
13' × 11'
Main Floor
Bedroom - Primary
15' × 10'9"
Main Floor
Bedroom
12'7" × 10'9"
Lower Level
Entrance
7'7" × 4'
Lower Level
Office
11' × 11'
Basement
Family Room
19'10" × 15'
Basement
Game Room
13'10" × 13'3"
Basement
Bedroom
14'5" × 9'3"
Basement
Bedroom
11' × 10'4"
Basement
Bedroom
10'5" × 9'
Basement
Laundry
13'4" × 10'6"
Basement
Furnace/Utility Room
5'9" × 5'7"
Basement
Storage
11' × 9'10"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
10'9" x 8'3"
Main Floor
No
4
9'6" x 5'
Basement
No
3
13'4" x 10'6"
Title to Land:
Fee Simple
Community Features:
Golf, Schools Nearby, Sidewalks, Street Lights
Interior Features:
Kitchen Island, Pantry, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Backs on to Park/Green Space, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
TND
Listed Date:
Jun 12, 2025
Days on Mkt:
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3D Tour

Virtual Tour

Listed by CIR Realty
Data was last updated June 18, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$574,900
Min list price:
$210,000
Max list price:
$2,275,000
Avg days on market:
33
Min days on market:
1
Max days on market:
216
Avg price per sq.ft.:
$376.88
These statistics are generated based on the current listing's property type and located in High River. 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