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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230026 Range Road 255
NONE Rural Wheatland County T1P 1K9

$1,690,000
Residential beds: 8 baths: 7.0 5,465 sq. ft. built: 1915

Main Photo: 230026 Range Road 255: Rural Wheatland County Detached for sale : MLS®# A2190063
Photo 1: 230026 Range Road 255: Rural Wheatland County Detached for sale : MLS®# A2190063
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2190063
Bedrooms:
8
Bathrooms:
7
Year Built:
1915
***OPEN HOUSE MAY 31, 10-2PM !!*** BONUS: Includes a $60,000+ Toolcat & Equipment Package – the ultimate turnkey solution for managing your 12+ acre estate! *** Two Incredible Homes on 12 Acres – A Restored Heritage Masterpiece and a Luxurious Guest House! Imagine the possibilities: a serene bed & breakfast, an Airbnb or VRBO retreat, or an equestrian haven – this extraordinary property offers it all! Nestled on 12 private acres, this one-of-a-kind estate combines the timeless charm of a meticulously restored 1915 character home with the modern sophistication of a 2016-built guest house, plus a triple attached garage, barn, and multiple outbuildings. Step into the heritage home and be transported by its distinctive architectural details, including an original stone-faced wood-burning fireplace, antique stained-glass bookshelves, and elegant light fixtures. The main floor boasts a traditional living room, a spacious dining room flowing into an upgraded farm-style kitchen with granite countertops, high-end appliances, and a custom breakfast table. Also on this level: a cozy study/den, a 3-piece bath, a mudroom, and access to the oversized triple garage. The second floor features a serene primary retreat with a wrap-around balcony, two generously sized bedrooms, and a classic 4-piece bathroom. On the charming top floor, two vaulted-ceiling bedrooms await – perfect for kids, offices, or hobbies. Downstairs, the basement transforms into an English-style pub with a full bar, coffee station, polished concrete flooring, a copper soaker tub, and a wine cellar. The 2016-built guest house redefines luxury with 1,500 sq. ft. of contemporary design. The main floor includes a gourmet kitchen, spacious living room, half bath, office/den, and laundry. Upstairs, you’ll find a stunning primary suite with a 4-piece ensuite, two additional bedrooms, and another 4-piece bath. Beyond the homes, the heated triple attached garage offers a fitness area with a swim spa, large shower, and rooftop patio access. The property also includes a barn, workshop, two detached garages (one converted into a music studio), and multiple outdoor spaces, including three decks/porches, a wrap-around balcony, a rooftop patio, a fire pit area with 5 RV plugs, and a wood-fired pizza oven. This remarkable property blends history, functionality, and endless opportunities. Don’t miss the features list, virtual tour, floor plans, and lifestyle video on YouTube – let’s chat today about making it yours!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
2 and Half Storey, Acreage with Residence
Total Living Area:
5,464.82 sq. ft.
Main Level Finished Area:
2,229.98 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
973.92 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
12 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:
East
Reg. Size:
Reg. Size Includes:
Floor Location:
Ground
Levels:
2 and Half Storey
Total Rooms Above Grade:
16
Year built:
1915 (Age: 110)
Bedrooms:
8 (Above Grd: 8)
Bedrooms Above Grade:
8
Bedrooms Below Grade:
0
Bathrooms:
7.0 (Full:6, Half:1)
Plan:
0914873
Heating:
Boiler, Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Concrete, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Concrete, Hardwood, Vinyl
Cooling:
None
Fireplaces:
3
Fireplace Details:
Wood Burning
Water Supply:
Well
Sewer:
Septic Field, Septic Tank
Garage:
1
Garage Spaces:
5
Parking:
Additional Parking, Double Garage Detached, Heated Garage, Oversized, Parking Pad, RV Access/Parking, Triple Garage Attached
Parking Places:
8
Parking Total/Covered:
8 / -
Laundry Features:
Laundry Room, Main Level
NONE
Dishwasher, Dryer, Garage Control(s), Gas Range, Microwave, Microwave Hood Fan, Range Hood, Refrigerator, See Remarks, Washer, Window Coverings
Swim Spa
None Known
Floor
Type
Size
Other
Main Floor
Breakfast Nook
10'1" × 8'6"
Main Floor
Den
14'1" × 11'
Main Floor
Den
14' × 8'10"
Main Floor
Dining Room
16'10" × 12'
Main Floor
Kitchen
15'4" × 11'6"
Main Floor
Kitchen
16'10" × 12'5"
Main Floor
Laundry
11'9" × 11'7"
Main Floor
Laundry
10'6" × 6'9"
Main Floor
Living Room
17'2" × 13'7"
Main Floor
Living Room
16'6" × 10'6"
Main Floor
Furnace/Utility Room
7'11" × 6'10"
Upper Level
Bedroom
11'11" × 10'
Upper Level
Bedroom
10'1" × 8'
Upper Level
Bedroom
12'8" × 11'1"
Upper Level
Bedroom
12'11" × 10'10"
Upper Level
Bedroom - Primary
11'11" × 10'6"
Upper Level
Bedroom - Primary
24'6" × 14'1"
Upper Level
Game Room
40' × 26'
2nd Floor
Bedroom
12'7" × 11'11"
2nd Floor
Bedroom
15'1" × 14'
Basement
Other
11'8" × 4'1"
Basement
Game Room
26'6" × 23'8"
Basement
Furnace/Utility Room
9'11" × 3'8"
Basement
Furnace/Utility Room
7'10" × 7'6"
Basement
Furnace/Utility Room
11'4" × 7'7"
Basement
Wine Cellar
11'2" × 11'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 4'10"
Main Floor
No
3
6'10" x 5'4"
Upper Level
No
3
3'6" x 13'8"
Upper Level
No
4
8'4" x 4'11"
Upper Level
No
4
8'3" x 5'6"
Upper Level
Yes
4
11'8" x 8'1"
Basement
No
3
6'4" x 6'10"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Bookcases, Breakfast Bar, Built-in Features, Closet Organizers, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Separate Entrance, Soaking Tub, Stone Counters, Storage, Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s), Wet Bar
Exterior Features:
Lighting, Private Entrance, Private Yard, Rain Gutters, RV Hookup, Storage
Patio And Porch Features:
Balcony(s), Deck, Patio, Porch, Side Porch, Terrace, Wrap Around
Lot Features:
Front Yard, Lawn, Irregular Lot, Level, Private, Treed, Views
Num. of Parcels:
0
Fencing:
Fenced
Nearest Town:
Carseland
Region:
Wheatland County
Zoning:
CR
Listed Date:
Jan 29, 2025
Days on Mkt:
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3D Tour

Virtual Tour

Listed by Century 21 Bamber Realty LTD.
Data was last updated June 4, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$1,237,500
Min list price:
$339,900
Max list price:
$2,200,000
Avg days on market:
39
Min days on market:
2
Max days on market:
353
Avg price per sq.ft.:
$602.41
These statistics are generated based on the current listing's property type and located in Rural Wheatland County. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706