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.

BUNGALOWS FOR SALE ARBOUR LAKE NW CALGARY

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  • 127 Arbour Ridge Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2233085

    127 Arbour Ridge Close NW Arbour Lake Calgary T3G 4M5
    Main Photo: 127 Arbour Ridge Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2233085
    $829,900
    Residential
    Status:
    Active
    MLS® Num:
    A2233085
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,397 sq. ft.
    Welcome to this renovated 4 bed & 3.5 bath WALK-OUT bungalow nestled in the sought-after, family-friendly community of Arbour Lake. Passing through beautifully adorned flower garden, you will be wowed as soon as you entered the house by a bright, open-concept main floor with vaulted ceiling. Luxury vinyl plank flooring throughout, bunch of decent renovation and upgrade including the kitchen with quartz countertops, stylish backsplash, a large breakfast bar, and newer appliances. The nook right by the kitchen for casual eating, and massive dining room to fit a large table for friends and family gatherings. The living room boasts soaring ceilings and a massive window to capture natural lights all day long. Step out onto the deck to sip your morning coffee or host BBQ dinners while overlooking your beautifully landscaped backyard through glass railing. Spacious primary bedroom with ensuite bathroom & walk-in closet, and another generous sized bedroom, 4pc bathroom, and convenient main-level laundry(newer) to complete this level. Downstairs, the fully developed walkout basement offers incredible versatility. Cozy up around the gas fireplace in the recreation room for family movie night or game night with friends, two more bedrooms, 4pc bathroom, and a functional kitchenette - ideal for rent it out or guest visiting or nanny quarters, or teen retreat. The low maintenance backyard with matured trees, two tier deck, and gazebo to enjoy outdoor living. Additional highlights include A/C, a heated garage with 220V wiring, an oversized driveway, and a quiet location just steps from parks, scenic pathways, and quick drive to schools, shops, restaurants, and major roads. Enjoy year-round activities from swimming, canoeing, and skating in the gated community lake! Perfect home for young professional, growing family, or retired couple! Book your private showing today before it's gone! More details
    Listed by MaxWell Capital Realty
  • 48 Arbour Ridge Mews NW in Calgary: Arbour Lake Detached for sale : MLS®# A2215419

    48 Arbour Ridge Mews NW Arbour Lake Calgary T3G 3Z3
    Main Photo: 48 Arbour Ridge Mews NW in Calgary: Arbour Lake Detached for sale : MLS®# A2215419
    $700,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215419
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,394 sq. ft.
    Don’t miss out on this one-of-a-kind opportunity to own a WALK-OUT BUNGALOW in a lake community! This bright and spacious home has been lovingly maintained and offers OVER 2700 SQUARE FEET of developed living space. On entering this home you’ll notice it’s filled with natural light. The spacious living room features hardwood maple flooring, a three-sided fireplace and a formal dining area. The eat in kitchen boasts a corner sink with views to the yard, large pantry, moveable island and a terrific balcony with lots of sun. The main floor features a spacious master suite with a walk-in closet and 4-pc ensuite. The second room could be a study/office or a bedroom/nursery and features built-in shelving and a work desk. The 4-pc main bath is filled with natural sunlight thanks to a beautiful skylight. You’ll continue to be impressed by the fully developed lower level which features a huge games/recreation room and a WALK-OUT INTO A LARGE LEVEL YARD c/w garden shed. There is a 3rd and 4th bedroom in the lower level, both generously proportioned. The bedroom/bathroom space is nicely divided from the games room to offer privacy. The large mechanical room offers lots of storage space in addition to the under-the-stairs storage area. Arbour Lake is one of Calgary’s most sought-after lake communities and offers all season recreation opportunities. The access in and out of this neighborhood is unbeatable and all amenities and services are available only minutes away. More details
    Listed by Hope Street Real Estate Corp. and Royal LePage Solutions
  • 71 Arbour Wood Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2226963

    71 Arbour Wood Close NW Arbour Lake Calgary T3G 4A8
    Main Photo: 71 Arbour Wood Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2226963
    $699,900
    Residential
    Status:
    Active
    MLS® Num:
    A2226963
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,188 sq. ft.
    This immaculate executive bungalow, extensively updated with nearly $200,000 in premium renovations. Tucked away on a quiet street in Calgary’s ONLY NW private lake community, this home offers exceptional value, style, and functionality. Every detail has been meticulously upgraded, including a new roof, new siding, high-efficiency furnace and hot water tank, and full replacement of all Poly-B water lines. The double garage is fully equipped with a new insulated door, 240V power, and built-in heating – ideal for year-round use. Inside, the chef-inspired kitchen is a showstopper, featuring granite countertops, custom cabinetry, a generous island, and modern lighting. Enjoy rich oak hardwood flooring on the main level, while the fully developed basement offers two bedrooms, cork flooring, a stylish wet bar, and a spa-inspired travertine walk-in shower. The primary suite is a private retreat, with an elegantly renovated ensuite and a luxurious half-bath for guests. Step outside to beautifully landscaped grounds, complete with fruit trees, a pressure-treated rear deck, a low-maintenance aluminum front porch, and a large private backyard with storage shed – perfect for summer entertaining. Residents of Arbour Lake enjoy year-round lake access, including swimming, skating, fishing, and community events. Located minutes from top-rated schools, Crowfoot shopping, LRT, parks, and major roadways, this home is the full package. This home check every box. Don't wait! Move in and start living your best life in Arbour Lake. Book your private showing today! More details
    Listed by RE/MAX iRealty Innovations
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Data was last updated June 30, 2025 at 08:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA