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
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
| $200,000 - $375,000 | $500,000 - $600,000 | $800,000 - $900,000 |
| $350,000 - $500,000 | $600,000 - $700,000 | $900,000 - |
| $400,000 - $500,000 | $700,000 - $800,000 | SW CALGARY HOMES FOR SALE |
Explore Mahogany's Diverse Real Estate Offerings
| MAHOGANY DETACHED HOMES FOR SALE | MAHOGANY CONDOS FOR SALE |
| MAHOGANY TOWNHOMES FOR SALE | BUNGALOWS FOR SALE IN MAHOGANY |
There are several ways to contact Diane Richardson:
-
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.
-
Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
-
Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
-
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.
McKenzie Towne luxury homes for sale
-
24 Elgin Estates View SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2218127
24 Elgin Estates View SE Calgary T2Z 0Y4 
$1,249,900Residential- Status:
- Active
- MLS® Num:
- A2218127
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,700 sq. ft.
Set against Inverness Pond in McKenzie Towne, this walkout bungalow—formerly an Albi Showhome—offers over 3,300 sq ft of living space, featuring 3 bedrooms, 3.5 bathrooms, and an oversized heated double garage. Inside, the spacious foyer opens to a bright and welcoming main level, where 10-foot ceilings and rich hardwood flooring create a sense of openness and elegance. Just off the entry, French doors reveal a versatile room that can serve as a home office or formal dining space. The heart of the home is the expansive, open-concept kitchen, living, and dining area—ideal for both relaxed evenings and entertaining. A skylight above the large granite-topped island draws in even more light, complementing the wall of windows that overlooks the serene pond. The gourmet kitchen is expertly designed with full-height cabinetry, stainless steel appliances including a gas cooktop, ample counter space, and premium extras like a coffee bar, wine fridge, and abundant storage. Adjacent to the kitchen, the generously sized dining area easily accommodates family gatherings, while the living room invites comfort with its vaulted ceiling and feature stone wall, anchored by a stylish electric fireplace. Step out onto the upper deck to take in pond views year-round. Outfitted with a gas line for a BBQ, glass railings, and privacy panels, this outdoor space is perfect for morning coffee. The primary suite offers a tranquil escape, featuring another electric fireplace, a walk-in closet, and a five-piece ensuite designed for luxury. A skylight brightens the space, which includes heated tile floors, dual sinks, a deep soaker tub, and an oversized shower with a built-in bench. A two-piece powder room serves guests, while the mudroom off the garage adds functionality with a walk-through pantry that connects directly to the kitchen. The adjacent laundry area includes a new washer and dryer, both replaced in 2025. Downstairs, the fully developed walkout basement features 9-foot ceilings and offers incredible flexibility with a large recreation room and a wet bar. Whether used for entertaining, extended family, or as an illegal suite, this space is thoughtfully finished. Two bedrooms provide plenty of accommodation—one with a walk-in closet, the other with a private three-piece ensuite with in-floor heat. A second full bathroom, also with in-floor heat, plus a sauna and ample storage complete the lower level. The backyard is designed for minimal upkeep with exposed aggregate and brick patio areas, mature trees offering, a fire pit, and a large shed for storage. Electrical hookups are also in place for a hot tub. Upgrades include central air conditioning, irrigation on the front lawn, central vac, fresh paint, new carpet in May 2025, and a new fridge. Within walking distance to McKenzie Towne’s shops and restaurants, and a short drive to South Trail Crossing, Mahogany, and Seton. Easy access to 52nd St, Deerfoot, and Stoney Trail. Schools, parks, playgrounds, and golf courses are all nearby. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
