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

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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

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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|Varsity

Kneehill County equestrian properties

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  • 245016 Township Road 30-2: Rural Kneehill County Detached for sale : MLS®# A2216211

    245016 Township Road 30-2 Rural Kneehill County Rural Kneehill County T0M 0L0
    Main Photo: 245016 Township Road 30-2: Rural Kneehill County Detached for sale : MLS®# A2216211

    245016 Township Road 30-2 Rural Kneehill County T0M 0L0 Rural Kneehill County

    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216211
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,034 sq. ft.
    Surrounded by mature trees including apple and lilac on over 10 acres sits this amazing property less than an hour to Calgary and Airdrie. A stunningly updated bungalow, a 200 ft heated barn, a 3000 sq ft heated workshop, a cabin, a riding arena and multiple pastures all surrounded by endless Alberta sky views. The home has been fully updated (2025), and the majority is all under new warranty, there is new flooring, new lighting, new paint, a new gourmet kitchen with new counters and soft close cupboards, new appliances, as well as all new bathroom fixtures! This open concept bungalow has views out of every window! There are 3 large bedrooms and 3 bathrooms including the primary ensuite. A ton more space awaits in the partially finished basement complete with a convenient powder room and loads of storage. Additional house upgrades include newer windows, a new furnace (2024 - under warranty), a Kinetico water softener, a newer maintained septic field, new main well pipes and newer shingles. The exterior has numerous ways to enjoy the great outdoors – on the east facing deck for sunny mornings and shady afternoons or on the three tiered south deck with built in canopy and BBQ counter or gathered around the firepit. The property is perfectly set up for equestrian lovers with a 60’ round pen with covered bleachers and multiple cross-fenced pastures. Grow your own vegetables, tomatoes, microgreens and flowers in the converted 200ft barn with a full 3 room greenhouse set up equipped with plant racks, lighting, and is individually heated. The other side of the barn is individually heated with sand footing and 22 - 10x10 stalls. The stalls are equipped to hold livestock of various sizes. Additionally, the massive steel frame shop with 20ft+ ceilings, is heated, has floor drains, has a new automatic large overhead door (under warranty), and can store several vehicles. The sub flooring is easily removeable to reveal a solid concrete floor. 3 working wells service the property, 2 are connected to the house (12 GPM) and are contained inside a heated well hut, the 3rd well is working and ready to connect if needed. The land is subdividable with the 3rd well in a location for easy access on a subdivision. There is an auto waterer and 2 water hydrants. Full perimeter fencing, plus both the chicken and bird coup are enclosed. Enjoy the sounds and views of nature in this truly spectacular property with a ton of versatility saddled by a picturesque landscape! More details
    Listed by First Place Realty
    LISTING DETAILS
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Data was last updated May 27, 2025 at 08:05 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