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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22 Drake Landing Square
Drake Landing Okotoks T1S 0R4

$724,900
Residential beds: 3 baths: 3.0 1,352 sq. ft. built: 2024

Main Photo: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 1: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 2: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 3: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 4: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 5: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 6: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 7: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 8: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 9: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 10: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 11: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 12: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 13: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 14: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 15: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 16: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 17: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 18: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 19: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 20: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Photo 21: 22 Drake Landing Square: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2217143
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2217143
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
Superbly built BRAND NEW Villa-style home FACING PARK. Beautifully appointed with soaring ceilings in the great room/dining area. Boasting wonderful kitchen wit stylish white cabinetry, island, quartz countertops throughout, walk-in pantry, stainless appliances. You will love the airy great room, with unique electric fireplace, large windows and luxury vinyl plank flooring. Spacious primary bedroom can accommodate your king sized bed. Spa like ensuite with huge walk-in tiled shower, double sinks plus a walk-in closet complete with built in wood shelving. Main floor laundry area. Second bedroom can easily be a den with adjacent 4 piece bath. The lower level has been completely developed with generous recreation room ideal for all your entertaining needs, 2 bedrooms, full bath and ample storage area. Attached garage is at the rear of the home. Villa faces park with front deck to enjoy your morning coffee. This wonderful villa offers both style and substance.Taxes to be re-assessed.Quick Possession
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Bare Land Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
1,352 sq. ft.
Main Level Finished Area:
1,352 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,289 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$260.89
Condo Fee Includes:
Common Area Maintenance, Insurance, Snow Removal, Trash
HOA Fee Includes:
Lot Area:
2,994 sq. ft.
Lot Frontage:
9'1"
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:
Unit Exposure:
West
Floor Location:
Below Grade
Entry Level:
1
Stories Total:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
2024 (Age: 1)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1611981
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
Builder:
Alves Construction Ltd.
New Constr.:
Yes
Construction Material:
Mixed
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric, Great Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Drake Landing
Park
Dishwasher, Electric Range, Garage Control(s), Microwave, Refrigerator, Washer/Dryer
none
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Great Room
15'5" × 13'
Main Floor
Dining Room
16'5" × 10'6"
Main Floor
Kitchen
16'2" × 9'1"
Main Floor
Bedroom - Primary
12'11" × 12'
Main Floor
Den
10'7" × 9'
Lower Level
Game Room
24'6" × 23'10"
Lower Level
Bedroom
12'4" × 10'
Lower Level
Bedroom
10'10" × 10'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
12'7" x 5'
Main Floor
No
4
9' x 5'
Lower Level
No
4
5' x 9'2"
Title to Land:
Fee Simple
Community Features:
Park
Interior Features:
High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Storage, Vaulted Ceiling(s)
Exterior Features:
Courtyard
Patio And Porch Features:
Deck
Lot Features:
Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
TN
Listed Date:
May 02, 2025
Days on Mkt:
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Listed by RE/MAX Complete Realty
Data was last updated May 14, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
144
Avg list price:
$687,400
Min list price:
$175,900
Max list price:
$2,485,000
Avg days on market:
20
Min days on market:
1
Max days on market:
253
Avg price per sq.ft.:
$390.33
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706