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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61 Panamount Hill NW
Panorama Hills Calgary T3K 5R8

$759,900
Residential beds: 3 baths: 3.0 1,397 sq. ft. built: 2004

Main Photo: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 1: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 2: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 3: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 4: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 5: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 6: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Photo 7: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
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Photo 49: 61 Panamount Hill NW in Calgary: Panorama Hills Detached for sale : MLS®# A2218679
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2218679
Bedrooms:
3
Bathrooms:
3
Year Built:
2004
Welcome to this exceptional 3-bedroom bungalow in the heart of Panamount Hills, where design meets practical comfort. This lovely residence boasts a versatile floor plan featuring a dedicated home office space perfect for work-from-home or to keep the the files of daily living all in one place. Step inside to discover 9-foot ceilings and premium hardwood flooring throughout, creating an atmosphere of spaciousness and luxury. The gourmet kitchen stands as the home's centrepiece, showcasing custom cabinetry, granite countertops, a functional island for casual dining, and a generously-sized pantry. The gas range is a chef's dream and a brand-new over-the-range microwave oven makes best use of space. The living spaces are thoughtfully appointed with fireplaces on each level, offering warmth and ambiance during Calgary's cooler months. The large windows looking onto the backyard feature remote-control, 2-way blinds for ease of use, light and privacy. Meanwhile, central air conditioning ensures year-round comfort. The convenience of main floor laundry and a central vac system with attachments simplifies everyday living. Retreat to the primary suite featuring a 5-piece ensuite bathroom illuminated by a stunning skylight. All bedrooms offer generous proportions, providing ample space for relaxation and rest and the walk-in closet means there’s room for your whole wardrobe. Entertainment flows seamlessly to the outdoors with a spacious deck featuring a covered gazebo and private hot tub—perfect for relaxation or social gatherings regardless of weather. Additional features include dual 40-gallon hot water tanks ensuring uninterrupted supply, useful and elegant storage solutions on the lower level and under the staircase. Smart home cabling throughout means the added security of a hardwired network in your home if you choose. The brand new roof, eavestrough, garage door and opener add to the appeal of this already beautiful home. Enviably positioned near highly-rated schools, diverse restaurants, a movie Cineplex, public transit routes, shopping, and comprehensive medical amenities. This thoughtfully designed bungalow offers the perfect blend of comfortable living and practical convenience in one of Calgary's most sought-after neighbourhoods.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
60 Days / Neg
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,397.11 sq. ft.
Main Level Finished Area:
1,397.11 sq. ft.
Below Grade Finished Area:
1,305.08 sq. ft.
Taxes:
$4,403.46 / 2025
Tax Assessed Value:
666500.0
HOA Fee Frequency:
Annually
HOA Fee Includes:
Amenities w/HOA
Lot Area:
6,264 sq. ft.
Lot Frontage:
41'7¼"
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
5
Year built:
2004 (Age: 21)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0411489
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
HOA Fee:
$285.00
Panorama Hills
None
Central Air Conditioner, Dryer, Microwave Hood Fan, Refrigerator, Washer, Window Coverings, Gas Range
hot tub, shed
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Dining Room
10'1" × 9'11"
Main Floor
Kitchen
14'3" × 13'4"
Main Floor
Laundry
8'1" × 6'11"
Main Floor
Living Room
21'9" × 14'4"
Main Floor
Office
10'1" × 7'
Main Floor
Bedroom - Primary
16'7" × 12'5"
Lower Level
Bedroom
14'5" × 12'2"
Lower Level
Bedroom
15'6" × 15'1"
Lower Level
Game Room
29'11" × 25'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6'1" x 4'9"
Main Floor
Yes
5
11'5" x 10'9"
Lower Level
No
4
9'4" x 5'9"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Built-in Features, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck, Front Porch, Pergola
Lot Features:
Back Yard, Front Yard, Landscaped, Lawn
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-G
Listed Date:
May 12, 2025
Days on Mkt:
18
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3D Tour

Listed by CIR Realty
Data was last updated May 30, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$467,450
Min list price:
$239,900
Max list price:
$1,068,800
Avg days on market:
26
Min days on market:
1
Max days on market:
209
Avg price per sq.ft.:
$371.68
These statistics are generated based on the current listing's property type and located in Panorama Hills. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706