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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

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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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Martindale
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9 Watermark Lane
Watermark (Rural Rocky View County) Rural Rocky View County T3L 0H6

$2,749,900
Residential beds: 5 baths: 4.0 4,175 sq. ft. built: 2024

Main Photo: 9 Watermark Lane: Rural Rocky View County Detached for sale : MLS®# A2216064
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2216064
Bedrooms:
5
Bathrooms:
4
Year Built:
2024
Welcome to this extraordinary luxury estate residence, where over 5,700 sq ft of masterfully designed living space meets the tranquil beauty of natural surroundings. Every detail of this 5-bedroom, 4.5-bathroom home speaks to timeless luxury, thoughtful design, and elevated living. A private elevator connects all levels. This home is perfect for entertaining or extended family living. The heart of the home is a gourmet kitchen with top-tier appliances, custom cabinetry, and an oversized island that flows seamlessly into sunlit living and dining areas. The primary bedroom is a sanctuary unto itself, with serene views, a spa-inspired ensuite, and a spacious walk-in closet. Each additional bedroom offers ample space and access to beautifully appointed bathrooms. Downstairs, the walkout level opens to a backyard oasis, where the sound of cascading water creates a peaceful backdrop for everyday living. This is more than a home-it’s a rare offering of lifestyle, luxury, and location. Photos are representative.
Additional Images
Alternate Feature Sheet
Map Service
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
4,175.35 sq. ft.
Main Level Finished Area:
2,122.3 sq. ft.
Upper Level Finished Area:
2,053.05 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,740.76 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Monthly
HOA Fee Includes:
Acreage:
No
Lot Area:
11,377 sq. ft.
Lot Frontage:
81'7"
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:
Three Or More
Total Rooms Above Grade:
7
Year built:
2024 (Age: 1)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
TBD
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Mantle
Water Supply:
Public
Sewer:
Public Sewer
Garage:
Yes
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Upper Level
HOA Fee:
$233.00
Watermark (Rural Rocky View County)
None
Bar Fridge, Dishwasher, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
19'2" × 12'6"
Main Floor
Great Room
21'6" × 16'
Main Floor
Den
15' × 11'6"
Main Floor
Nook
15'6" × 14'
Upper Level
Bedroom - Primary
16'6" × 16'4"
Upper Level
Bedroom
14'4" × 11'4"
Upper Level
Bedroom
13'2" × 11'6"
Upper Level
Bonus Room
17'6" × 13'
Basement
Bedroom
14' × 10'3"
Basement
Bedroom
14'4" × 11'4"
Basement
Exercise Room
13'4" × 12'4"
Basement
Media Room
20' × 16'
Basement
Game Room
16'4" × 15'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Upper Level
No
5
Upper Level
Yes
5
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Park
Interior Features:
Bar, Built-in Features, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Separate Entrance, Soaking Tub, Sump Pump(s), Tankless Hot Water, Walk-In Closet(s), Wet Bar
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Backs on to Park/Green Space, Creek/River/Stream/Pond, Landscaped
Num. of Parcels:
0
Fencing:
None
Nearest Town:
Calgary
Region:
Rocky View County
Zone:
CAL Zone Bearspaw
Zoning:
R-G
Listed Date:
May 02, 2025
Days on Mkt:
  • Photo 1: 9 Watermark Lane: Rural Rocky View County Detached for sale : MLS®# A2216064
    Photo 1 of 1
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Bode Platform Inc.
Data was last updated August 29, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
199
Avg list price:
$1,625,000
Min list price:
$525,000
Max list price:
$14,300,000
Avg days on market:
49
Min days on market:
1
Max days on market:
1,557
Avg price per sq.ft.:
$663.83
These statistics are generated based on the current listing's property type and located in Rural Rocky View County. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA