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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250077 261 Range Road E
NONE Rural Wheatland County T1P 0T4

$1,490,000
Residential beds: 4 baths: 3.0 1,167 sq. ft. built: 1992

Main Photo: 250077 261  Range Road E: Rural Wheatland County Detached for sale : MLS®# A2213327
Photo 1: 250077 261  Range Road E: Rural Wheatland County Detached for sale : MLS®# A2213327
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2213327
Bedrooms:
4
Bathrooms:
3
Year Built:
1992
Welcome to your own slice of countryside charm—this 47-acre hobby farm offers endless opportunities, with 45 acres of irrigated land ready for pastures, crops, or lush gardens. A cozy bungalow with a walk-up basement sits at the heart of the property, blending classic character with modern updates for comfortable rural living. Of the total acreage, 40 acres are productive pastureland stretching along an irrigation canal, while the remaining 7 encompass the home, outbuildings, and landscaped yard. With year-round irrigation and underground plumbing, the green space surrounding the home stays vibrant and functional for your farming or gardening plans. Horse lovers will appreciate the well-equipped barn, featuring 4 box stalls and 6 open stalls, while the 28x24 shop is perfect for equipment storage, hobbies, or workspace needs. Inside, the home showcases original hardwood floors ready to be brought back to life, soaring ceilings that enhance the sense of space, and tasteful modern finishes including updated cabinets, countertops, and appliances. Whether you’re dreaming of a quiet retreat, raising livestock, or growing your own food, this property strikes the perfect balance between rural tranquility and practical potential. Ideally located just 25 minutes from Calgary and 12 minutes from Strathmore—with pavement right to the driveway—this is one opportunity you won’t want to miss.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Acreage with Residence, Bungalow
Total Living Area:
1,166.97 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,097.42 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
47.8 acre(s)
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:
Floor Location:
Ground
Levels:
One
Total Rooms Above Grade:
5
Year built:
1992 (Age: 33)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Water Supply:
Well
Sewer:
Septic System
Garage:
Yes
Parking:
Driveway, Quad or More Detached, Workshop in Garage
Laundry Features:
In Basement
NONE
Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
NA
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
12' × 10'2"
Main Floor
Dining Room
12'4" × 11'
Main Floor
Kitchen
13'6" × 11'11"
Main Floor
Living Room
18'10" × 13'7"
Main Floor
Mud Room
8'6" × 3'9"
Main Floor
Pantry
2' × 1'5"
Main Floor
Bedroom - Primary
13'3" × 10'10"
Basement
Bedroom
15'4" × 13'1"
Basement
Bedroom
12'9" × 10'1"
Basement
Storage
3'10" × 3'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'5" x 8'
Main Floor
Yes
3
7'9" x 11'4"
Basement
No
2
5' x 5'7"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Granite Counters, Soaking Tub
Exterior Features:
Fire Pit, Garden, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Few Trees, Front Yard, Fruit Trees/Shrub(s), Garden, Gentle Sloping
Num. of Parcels:
0
Outbuildings:
Equipment Storage, Barn, Greenhouse, Hen House, Quonset, Workshop
Fencing:
Fenced
Nearest Town:
Strathmore
Region:
Wheatland County
Zoning:
AG
Listed Date:
Apr 19, 2025
Days on Mkt:
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Listed by RE/MAX Complete Realty
Data was last updated August 16, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,100,000
Min list price:
$150,000
Max list price:
$1,999,000
Avg days on market:
72
Min days on market:
1
Max days on market:
425
Avg price per sq.ft.:
$588.71
These statistics are generated based on the current listing's property type and located in Rural Wheatland County. 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