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.

DISCOVERY RIDGE HOMES & CONDOS FOR SALE FROM $275,000 to $375,000

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  • 240 20 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2214343

    240 20 Discovery Ridge Close SW Discovery Ridge Calgary T3H 5X4
    Main Photo: 240 20 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2214343
    $345,000
    Residential
    Status:
    Active
    MLS® Num:
    A2214343
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    742 sq. ft.
    Come check out this beautiful one bedroom one bath condo in the Wedgewood's of Discovery Ridge. This spacious unit has a modern kitchen with stainless steel appliances, laminate floors throughout, walk in closet, in suite laundry/storage room and a spacious 4 piece bathroom with shower and soaker tub. The private balcony has gas for outdoor grilling. Monthly condo fees include everything including electricity, gas and heat. This well managed concrete building is neighboring Griffith Park has heated underground parking, social room and fitness room with newly updated equipment. Steps away from community association outdoor hockey rink with tennis courts and plenty of walking paths. With the completion of the new ring road you have great access to plenty of shopping, schools and restaurants. More details
    Listed by Century 21 Bamber Realty LTD.
  • 218 30 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2207348

    218 30 Discovery Ridge Close SW Discovery Ridge Calgary T3H 5X5
    Main Photo: 218 30 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2207348
    $339,500
    Residential
    Status:
    Active
    MLS® Num:
    A2207348
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    792 sq. ft.
    This is a unique 1 bedroom plus den, 792 sq ft condo is located in the 30 building, part of a concrete set of buildings surrounded by trees. The large living room has laminate floors running through the condo and into the office. The bedroom is carpet with a good sized walk in closet. Please note that all utilities, including lights, are included in the condo fee. The condo comes with one underground titled parking stall. A hiker’s paradise, you are 3 minutes from the Elbow River pathway system. Discovery Ridge is a quiet, secluded area with easy access to shopping, schools and city transit. It is like living in Canmore yet 15 minutes to downtown. Mount Royal University and the Rockyview Hospital are less than 10 minutes away and you can be out of the city and on your way to Banff in minutes. Amenities include a gym and community room in Building 30. The recently completed Calgary Ring Road gives you easy access to all quadrants of the city. The Discovery Ridge community area is located right behind the Wedgewoods with a children’s playground, tennis courts, soccer fields, skating/hockey rink, basketball court – all maintained by the Discovery Ridge Community Association. More details
    Listed by Calgary West Realty
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Data was last updated May 14, 2025 at 12:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706