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 IN SOUTH CALGARY

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  • 1827 31 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2212323

    1827 31 Avenue SW South Calgary Calgary T2T 1S8
    Main Photo: 1827 31 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2212323
    $1,960,000
    Residential
    Status:
    Active
    MLS® Num:
    A2212323
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,786 sq. ft.
    Stunning Contemporary Bungalow in South Calgary | Steps from Marda Loop 3,600+ Sq Ft | 3 Beds + Office | 3 Baths | South-Facing Yard | Oversized Double Garage w/ EV Charger Experience the perfect blend of luxury, style, and location in this exquisite modern bungalow nestled in one of South Calgary’s most desirable communities—just a short walk to vibrant Marda Loop. Boasting nearly 3,600 sq ft of beautifully developed living space, this home is thoughtfully designed for families, entertaining, and executive living. From its striking Acrylic Stucco & Stained Cedar exterior to the 12' floor-to-ceiling south-facing windows, every detail exudes sophistication and modern design. Inside, you're welcomed by an extra-wide foyer and a flowing open-concept layout with engineered white oak hardwood floors, porcelain accents, designer window treatments with blackout blinds and central air conditioning. The chef-inspired kitchen is the heart of the home, featuring quartz countertops, a large prep island with seating, soft-close cabinetry, pantry with pull-out drawers, and high-end stainless steel appliances including a Dacor 6-burner gas range. The expansive living and dining areas are bathed in natural light through oversized triple-pane windows (excluding sliders & doors). Soaring 10' and 14' ceilings add volume and elegance, while glass patio doors seamlessly connect the interior to a sun-drenched south facing low maintenance backyard—complete with artificial turf, gas fire pit, deck, and concrete patio for effortless indoor-outdoor living. The primary suite is a serene retreat with a custom barn-door walk-in closet and a spa-like 5-piece ensuite featuring double sinks, a soaker tub, separate shower, water closet, and heated floors. The lower level impresses with 9' ceilings, in-floor heated metallic (Espresso Gold) epoxy floors, and expansive spaces for lounging, gaming, or fitness. A stunning glass-walled office/den, large family and flex areas, and two generous bedrooms complete the space. The 4-piece guest bath shared with the 3rd bedroom includes double sinks, quartz counters, and a steam-ready shower. Additional features include: • Oversized double garage with EV charging station & window to the backyard • Main floor laundry room with full cabinetry and quartz counters • Stylish powder room with bold designer wallpaper • In-floor heating throughout lower level and bedrooms • New fencing & low-maintenance landscaping • Walking distance to parks, schools, public transit, and downtown This is more than a home—it’s a lifestyle. Welcome to your dream home in South Calgary. More details
    Listed by RE/MAX House of Real Estate
  • 1816 28 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2202112

    1816 28 Avenue SW South Calgary Calgary T2T 1J8
    Main Photo: 1816 28 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2202112
    $1,100,000
    Residential
    Status:
    Active
    MLS® Num:
    A2202112
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,165 sq. ft.
    Welcome to 1816 28 Avenue SW, a rare development opportunity in the heart of Marda Loop! Zoned MC-1, this massive lot is 50’ X 125’ and presents tremendous potential for investors of all levels. Walk to trendy 33 Avenue SW in under ten minutes, drive to your favorite restaurants on 17th Ave within five minutes or enjoy a day at one of the six parks that are in a fifteen-minute radius of this superb location. An abundance of amenities, proximity to schools, recreational facilities, and quick access to the core make this an excellent location for a density project. This duplex is two levels with a walkout legal suite on the lower level and the lot itself has excellent opportunity for a multitude of parking options when developed which is ideal in an inner-city location such as this. Take ownership of this occupied rental property and immediately begin building equity with rental income as you plan the ideal development. This lot offers the potential for the development of up to eight condominium units, including four primary suites and four secondary suites. This presents a valuable opportunity for investors or developers seeking a well-zoned property with significant potential. More details
    Listed by Coldwell Banker Mountain Central
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Data was last updated May 10, 2025 at 04:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706