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.

CHAPARRAL LUXURY HOMES FOR SALE IN SE CALGARY FROM $975,000

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  • 76 Chaparral Cove SE in Calgary: Chaparral Detached for sale : MLS®# A2206076

    76 Chaparral Cove SE Chaparral Calgary T2X 3L2
    Main Photo: 76 Chaparral Cove SE in Calgary: Chaparral Detached for sale : MLS®# A2206076
    $1,699,900
    Residential
    Status:
    Active
    MLS® Num:
    A2206076
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,950 sq. ft.
    COTTAGE LAKESIDE RESORT LIVING - PREMIER LAKE CHAPARRAL LOCATION - Move in, and enjoy every second of this summer! Discover Estate Lakeside LIFESTYLE with all the best at your doorstep! Over 4,000 square feet of indoor and outdoor living space, with a lake in your backyard. Newer deck and private dock. Enjoy this home's prized location on a quiet, private cul-de-sac with an east-facing rear yard. It is a family-approved location with a backyard perfect for relaxing and unwinding. You can swim directly from your property, from the well-manicured landscaping to the underground sprinklers with a fantastic water feature and your private lakefront dock. Just Move in! If you find a 1956 sq ft Bungalow on .22 Acre lot backing onto a lake with your own private dock, inside the city of Calgary … buy it… because you won’t see that unicorn again anytime soon… You haven’t lived in your house until you have lived on a lake. Why waste all your time and effort driving packing and unpacking to camp for 2 days and drive back? … when you can enjoy Swimming fishing, kayaking, etc..: EVERYDAY… your home is your resort… even in the winter .. outdoor hockey with the kids, ice fishing on the weekend with your neighbours … Walking in the private park under the Christmas lights … Don’t just invest in a house when you have the opportunity to invest in your life… Living at its Best with nature, community, and wildlife at your doorsteps. Take advantage of this sought-after SE corner of the city. Estate living with a quality lifestyle, steps away from first-class golf courses, schools, parks, transit, shopping, and access to road and highway infrastructure, all nearby. Call your friendly REALTOR(R) today to book a viewing! More details
    Listed by Jayman Realty Inc.
  • 332 Chapala Point SE in Calgary: Chaparral Detached for sale : MLS®# A2213943

    332 Chapala Point SE Chaparral Calgary T2X 0A2
    Main Photo: 332 Chapala Point SE in Calgary: Chaparral Detached for sale : MLS®# A2213943
    $1,449,000
    Residential
    Status:
    Active
    MLS® Num:
    A2213943
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,237 sq. ft.
    PRIVATE SHARED DOCK & LAKE ACCESS! Experience the ultimate lake lifestyle in this stunning fully developed Morrison walk out bungalow with loft family home in the sought-after community of Chaparral! Boasting 6 bedrooms, 4 bathrooms, 2 dens, exercise room and over 3,700 sq. ft. of living space, this home offers exclusive access to a private shared dock (accessible by a limited number of homes) - perfect for kayaking, paddle-boarding, swimming, fishing or enjoying a peaceful private lakeside picnic. Access the community’s beach and club amenities through the gated main entrance, which includes activities such as yoga, Pilates, pickleball, tennis, and basketball, along with features like a skating rink, cook shacks, waterfalls, and walking paths. Throughout the year, the community hosts activities and events for all ages, and in the winter, you can enjoy skating on the lake's cleared paths, maintained by a Zamboni. This unique home features elegant stone-front styling, backs onto a private green space and footpath, and is located on one of Calgary’s best streets ending in a friendly cul-de-sac. The flexible layout provides multiple home office options or bedroom setups with 2 bedrooms upstairs loft area, large Primary Suite on the main floor, and 3 bedrooms in the walkout basement. With minor changes it could also be a multigenerational home given the number of rooms and walkout access. The inviting entryway leads to a spacious main floor den, with French doors for added privacy. The main floor features a vibrant, open-concept kitchen, dining, and living area, with towering windows that create a bright atmosphere and open onto a spacious deck. The fully finished walkout basement boasts high ceilings, a large recreational room with a gas fireplace and bar, an office, a gym, and a laundry area. Additional features include a newly installed oversized hot water tank with a water softener, along with a UV-C air purification system fitted to both furnaces, ensuring cleaner air throughout the home. Conveniently located near SW Ring Road access and close to a variety of stores and amenities, this home is truly one of a kind. Don't miss out on this rare opportunity to live your lake community dream! More details
    Listed by Royal LePage Solutions
  • 34 Chapala Close SE in Calgary: Chaparral Detached for sale : MLS®# A2224852

    34 Chapala Close SE Chaparral Calgary T2X 3T1
    Main Photo: 34 Chapala Close SE in Calgary: Chaparral Detached for sale : MLS®# A2224852
    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2224852
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    2,710 sq. ft.
    Just a short walk from the water, this beautifully maintained Jayman-built walkout home offers an amazing mix of comfort, space, and location. You're only three backyards away from a shared private dock, so enjoying the lake is always easy and convenient. Backing onto a quiet green space with a paved path that leads to the lake and nearby gazebo, this home truly offers a peaceful and connected lifestyle. The landscaped front yard is filled with mature trees and perennials, and the maintenance-free front porch is the perfect spot to sit and relax. The large driveway fits 3 vehicles—great for families or visitors. Inside, you’re greeted with 9-ft ceilings, hardwood floors (finished onsite), and tons of natural light. At the front of the home, there’s a bright office with French doors overlooking the porch—perfect for working from home or a kids' playroom. The kitchen features maple cabinets, granite counters, stainless steel appliances, and recessed lighting. The deck just off the kitchen nook offers beautiful green space views and a clear view of the lake—an ideal spot to enjoy a quiet moment with your morning coffee. The kitchen flows into a cozy living room with a gas fireplace and oak mantel, creating a great space for relaxing or entertaining. There’s also a formal dining area, perfect for holidays or dinner parties. A 2-piece bathroom, laundry room with storage, and access to the oversized garage complete the main floor. Upstairs, the extra-wide staircase leads to a sunny office space/den that looks over the street. There are three big bedrooms, and each one has its own 4-piece ensuite and walk-in closet—a rare and super convenient setup! The primary bedroom is huge, with its own lake view, a 4- piece ensuite (featuring a separate shower/bathtub), and a massive walk-in closet. It’s also located on the opposite side of the other bedrooms for extra privacy. Plus, you get mountain views from upstairs too! The walkout basement is fully finished and filled with natural light. It has a big living room with another fireplace, a huge flex space that works great as a gym or games room, two more bedrooms with walk-in closets, and a 4-piece bathroom. The backyard is just as impressive, with stamped concrete, exposed aggregate, gorgeous gardens, and a garden bed ready for your veggies. There are outdoor speakers too, making it an awesome place to host friends or just unwind. Other features include new siding, soffits, eavestroughs, hail-resistant shingles, dual furnaces, A/C (upstairs only), newer hot water tanks, dual humidifiers, water softener, and ceiling speakers throughout. This is a special home in one of Calgary’s most loved lake communities. Don’t miss your chance to live in Lake Chaparral—a great home and a great lifestyle all in one! More details
    Listed by RE/MAX Landan Real Estate
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Data was last updated June 13, 2025 at 04:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706