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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402130 64 Street W
NONE Rural Foothills County T1S 1A1

$2,750,000
Residential beds: 2 baths: 2.0 1,059 sq. ft. built: 2002

Main Photo: 402130 64 Street W: Rural Foothills County Detached for sale : MLS®# A2141845
Photo 1: 402130 64 Street W: Rural Foothills County Detached for sale : MLS®# A2141845
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2141845
Bedrooms:
2
Bathrooms:
2
Year Built:
2002
Profitable Equestrian Facility: A Prime Investment Opportunity 10 Minutes From Okotoks. Nestled in the serene countryside, this remarkable 55 acre equestrian property offers an unparalleled combination of luxury & functionality. Designed to cater to the most discerning equestrian enthusiasts this facility features top-notch amenities & a prime location. Whether you are an avid equestrian, a professional trainer or an investor seeking a lucrative venture, this property has everything you need to succeed. At the heart of this equestrian haven is the impressive 180' x 80' indoor arena that provide year-round comfort & convenience. Radiant heat & fully insulated, the arena provides a comfortable & controlled environment for riding & training. The large windows flood the space with natural light, creating a bright & inviting atmosphere. The GGT footing ensures optimal performance and safety for both horse & rider, offering superior traction & shock absorption. Attached to the arena is a state-of-the-art 16 stall stable, meticulously designed with horse & owner in mind. Each 12'x 12' stall features automatic waterers & soft stall flooring, providing the ultimate in equine comfort. The stable is heated, ensuring a cozy environment during the cold winter months. An extensive air exchange system keeps the facility warm & condensation free in the winter, while maintaining a cool and fresh air atmosphere in the summer. The stable is equipped with a wash rack, two spacious tack rooms for storing equipment, client lockers for added security & a washroom/laundry room for the comfort & convenience of staff & clients alike. Every detail has been thoughtfully considered to create a seamless and enjoyable experience for all who use the facility. The outdoor amenities are equally impressive, with a 125' x 250' sand ring that provides ample space for jumping & other equestrian activities. The outdoor ring is designed to withstand the elements, ensuring a safe & reliable surface. The property also includes a 32'x 30' hay & shavings shed and 44' x 30' heated shop with 220V power, perfect for maintenance & repairs. For turnout, the property offers 5 day pens, 4 large paddocks and 5 expansive pastures, complete with shelters & automatic waterers which provide plenty of space for horses to graze. With 35 acres dedicated to hay production, the property not only supports the needs of the horses but also offers potential income from hay sales. The facility operates under an Intensive Agricultural Permit for 34 horses, allowing for a thriving business model. Complimenting the exceptional equestrian amenities is a beautiful 1800 sqft walk-out bungalow. This charming 2 bedroom home with open-concept design features spacious living areas, modern finishes & large windows that offer breathtaking views of the surrounding landscape. The exterior is equally inviting, with meticulously landscaped grounds including a cozy fire pit, thriving garden & 100 trees that add to the property's natural beauty.
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:
1,059 sq. ft.
Main Level Finished Area:
1,059 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
770 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
55.5 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:
Levels:
One
Total Rooms Above Grade:
4
Year built:
2002 (Age: 23)
Bedrooms:
2 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0211582
Heating:
In Floor, Forced Air, Natural Gas
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Water Supply:
Well
Sewer:
Septic Field, Septic Tank
Utilities:
Natural Gas Paid, Electricity Paid For, Phone Paid For, Satellite Internet Available, Water Paid For
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Laundry Room, Lower Level
NONE
Dishwasher, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Refrigerator, Washer/Dryer, Water Softener, Window Coverings, Wine Refrigerator
NA
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Bedroom
10'3" × 9'7"
Main Floor
Living Room
14'7" × 12'2"
Main Floor
Kitchen With Eating Area
18'7" × 11'1"
Main Floor
Dining Room
14'6" × 9'3"
Lower Level
Bedroom - Primary
20'10" × 10'6"
Lower Level
Family Room
20' × 15'1"
Lower Level
Laundry
12'9" × 12'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Lower Level
Yes
4
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Granite Counters, No Smoking Home, Open Floorplan
Exterior Features:
Fire Pit, Garden
Patio And Porch Features:
Balcony(s), Deck, Patio
Lot Features:
Back Yard, Farm, Front Yard, Lawn, Garden, No Neighbours Behind, Landscaped, Level, Yard Lights, Pasture, Private
Num. of Parcels:
0
Outbuildings:
Equipment Storage, Shed, Arena, Barn, Workshop
Fencing:
Cross Fenced, Fenced
Nearest Town:
Okotoks
Region:
Foothills County
Zoning:
A
Listed Date:
Jun 16, 2024
Days on Mkt:
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Listed by The Agency Calgary
Data was last updated May 22, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
84
Avg list price:
$1,900,000
Min list price:
$179,900
Max list price:
$14,900,000
Avg days on market:
35
Min days on market:
1
Max days on market:
715
Avg price per sq.ft.:
$763.2
These statistics are generated based on the current listing's property type and located in Rural Foothills County. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706