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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418 Ellis Crescent
Central High River High River T1V 1J1

$499,900
Residential beds: 3 baths: 2.0 1,142 sq. ft. built: 1972

Main Photo: 418 Ellis Crescent: High River Detached for sale : MLS®# A2232755
Photo 1: 418 Ellis Crescent: High River Detached for sale : MLS®# A2232755
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2232755
Bedrooms:
3
Bathrooms:
2
Year Built:
1972
Charming Opportunity on Ellis Crescent, High River, Alberta Located on a quiet street, this 1141 sq ft home offers incredible potential for those looking to put their personal touch on a property. Its central location is close to downtown and walking distance to the recreation centre. Featuring 3 bedrooms and 2 bathrooms on the main floor, this house provides a solid foundation for a comfortable family home. The basement also has an office, bathroom and a brick fireplace with gas insert to warm up the living space. The large backyard is perfect for outdoor activities and entertaining, complemented by a detached garage and ample parking. While the home requires some tender loving care, its prime location and generous lot make it a fantastic opportunity to transform into your dream home in the heart of High River.
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:
1,141.5 sq. ft.
Main Level Finished Area:
1,141.5 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
865 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,685 sq. ft.
Lot Frontage:
31'5"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Floor Location:
Ground
Levels:
One
Total Rooms Above Grade:
7
Year built:
1972 (Age: 53)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
1792JK
Electricity:
100 Amp Service
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
2
Fireplace Details:
Basement, Brick Facing, Gas, Living Room, Wood Burning
Water Supply:
Public
Sewer:
Public Sewer
Utilities:
Cable Available
Garage:
Yes
Garage Spaces:
2
Parking:
Additional Parking, Alley Access, Double Garage Detached, On Street
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
In Basement
Central High River
Dishwasher, Electric Range, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
14'2" × 11'1"
Main Floor
Dining Room
8'4" × 6'1"
Main Floor
Foyer
8'5" × 5'8"
Main Floor
Living Room
16' × 15'10"
Main Floor
Bedroom
10'1" × 9'6"
Main Floor
Bedroom
13'1" × 10'1"
Main Floor
Bedroom - Primary
14'5" × 10'
Main Floor
Entrance
5'1" × 3'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
71' x 6'
Main Floor
Yes
2
4'8" x 4'6"
Title to Land:
Fee Simple
Community Features:
Other, Schools Nearby
Interior Features:
Central Vacuum
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
TND
Listed Date:
Jun 23, 2025
Days on Mkt:
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Listed by Century 21 Foothills Real Estate
Data was last updated August 6, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$559,900
Min list price:
$232,000
Max list price:
$849,900
Avg days on market:
27
Min days on market:
5
Max days on market:
187
Avg price per sq.ft.:
$363.62
These statistics are generated based on the current listing's property type and located in High River. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA