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

$200,000 - $375,000 $500,000 - $600,000 $800,000 - $900,000
$350,000 - $500,000 $600,000 - $700,000 $900,000 -
$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

MAHOGANY DETACHED HOMES FOR SALE MAHOGANY CONDOS FOR SALE 
MAHOGANY TOWNHOMES FOR SALE BUNGALOWS FOR SALE IN MAHOGANY

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|University District

MCKENZIE LAKE HOMES & CONDOS FOR SALE FROM $775,000 to $875,000 IN SE CALGARY

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  • 59 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2217395

    59 Mt Robson Circle SE McKenzie Lake Calgary T2Z 2B9
    OPEN HOUSE: May 31, 2025
    02:00 PM - 04:30 PM MDT
    Open House on Saturday, May 31, 2025 2:00PM - 4:30PM
    Main Photo: 59 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2217395

    59 Mt Robson Circle SE Calgary T2Z 2B9 McKenzie Lake

    $865,000
    Residential
    Status:
    Active
    MLS® Num:
    A2217395
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,099 sq. ft.
    Welcome to this beautifully updated family home, ideally located within walking distance of McKenzie Lake and three schools! Nestled on a quiet street in one of Calgary’s most desirable lake communities, this 4 bedroom, 3.5 bathroom home with double attached garage is surrounded by lush green spaces, walking paths, and the Bow River escarpment offering the perfect setting for active family living. Step inside to a thoughtfully designed main floor that balances everyday comfort with stylish functionality. The spacious living room over looks the front patio with large windows and features custom wall units, while the adjoining family room is centered around a cozy wood-burning fireplace. The bright kitchen is equipped with stainless steel appliances, ample cabinetry, and an inviting eating area with direct access to the expansive, fenced backyard—ideal for summer barbecues and outdoor play. A separate dining area and a convenient half bath complete the main level. Upstairs, the generous primary suite offers a tranquil retreat with a fully renovated 4 piece ensuite and a massive walk-through closet that connects to a well-appointed laundry room complete with sink. Two additional bedrooms are thoughtfully laid out and share a 5 piece Jack-and-Jill bathroom, perfect for growing families. The fully finished basement extends your living space with a fourth bedroom, a versatile office, a large recreation room featuring a built-in wall unit, and a three-piece bathroom. The mechanical room offers plenty of storage to keep things organized. Outside, enjoy the privacy of a large backyard complete with a deck and storage shed, while a charming front patio provides a welcoming spot to connect with neighbours. With McKenzie Lake’s beaches, clubhouse, parks, and playgrounds just a short stroll away—along with excellent schools and amenities—this exceptional home combines comfort, location, and lifestyle in one perfect package. Move in and make it yours today. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 11 McKenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2223419

    11 McKenzie Lake View SE McKenzie Lake Calgary T2Z 2T6
    Main Photo: 11 McKenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2223419

    11 McKenzie Lake View SE Calgary T2Z 2T6 McKenzie Lake

    $750,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223419
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,948 sq. ft.
    ** OPEN HOUSE SUNDAY, MAY 25, 1-3 PM ** If you’ve been waiting for the opportunity to buy a fabulous home in THE HARBOURS, this is it! Exclusive private beach access for residents of this prestigious enclave, along with full McKenzie Lake privileges. Lovingly maintained home with traditional floor plan. Amazing curb appeal with welcoming front porch. Bright, cheerful living room overlooking front porch and gardens. Separate dining space (currently used as a home office). Open concept family room and kitchen area. Family room features beautiful window to west-facing back deck and yard, plus handsome gas fireplace with brick finishing. White kitchen with island, complete with granite countertop and raised breakfast bar. Corner pantry. Spacious breakfast nook with amazing French doors out to gorgeous cedar deck! Lovely 2-piece powder room and large laundry/mud room with access to the double garage. Richly stained hardwood floors throughout most of the main level. Upper-level bonus room open to below. Beautiful primary suite with walk-in closet and ensuite with incredible skylight and jetted tub! Two additional bedrooms on the upper level, plus the main bathroom. Lower level with massive recreation room, showcasing a spectacular oak bar on one end and a second gas fireplace on the other. Fourth bedroom and yet another full bath, plus plenty of storage. Magnificent cedar deck spans the full width of the house, with built-in seating and pergola plus a sheltered area for barbecuing. Large, beautifully treed, west-facing back yard. Truly everything you’ve been wishing for in the location of your dreams! More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS
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Data was last updated May 30, 2025 at 02:05 PM (UTC)
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
Cell: 403-397-3706