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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184 Hillcrest Boulevard
Hillview Estates Strathmore T1P 0A3

$687,000
Residential beds: 5 baths: 3.0 1,315 sq. ft. built: 2012

Main Photo: 184 Hillcrest Boulevard: Strathmore Detached for sale : MLS®# A2236446
Photo 1: 184 Hillcrest Boulevard: Strathmore Detached for sale : MLS®# A2236446
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2236446
Bedrooms:
5
Bathrooms:
3
Year Built:
2012
Stunning Custom-Built Home with Scenic Pasture Views and Legal Suite Potential. Welcome to this exceptional, custom-built home nestled on a spacious lot with breathtaking views of the serene North side pastures. Offering nearly 2,500 sq ft of beautifully finished living space, which includes a fully developed basement, with kitchen! This home is the perfect blend of luxury, comfort, and functionality. Step inside to discover soaring full-height vaulted ceilings, maple hardwood floors, that add elegance and warmth throughout the main level. The expansive windows frame panoramic views of the backyard and open pastures, flooding the home with natural light. The gourmet kitchen is a baker’s dream, featuring custom maple cabinetry, a large wrap-around layout, with a brand new electric dual oven and microwave, and a spacious pantry. Enjoy casual dining in the bright and airy dining area, or take your meals outdoors on the huge deck, perfect for relaxing or entertaining while taking in the tranquil scenery. In the upstairs of this beautiful bi-level home, you’ll find three generously sized newly painted bedrooms, including a primary suite complete with a 4-piece ensuite and a large walk-in closet. The fully finished basement offers incredible flexibility with two oversized bedrooms, a full 4 piece washroom, additional living spaces, and a full second kitchen, with ample storage in the laundry room—ideal for a mother-in-law/legal suite or extended family living. Outside, the beautifully landscaped yard features a rock pathway leading to a charming 8x12 greenhouse in a thriving garden with raspberry and saskatoon berry bushes along the back fence—a true gardener’s paradise! You'll also find a separate deck with a charming gazebo, perfect for entertaining or unwinding in peace, along with an 8x11 shed for all your storage needs. With ample outdoor space for gardening, play, or simply enjoying nature, this property truly has it all—custom craftsmanship, a prime location, and unmatched attention to detail. Don’t miss your opportunity to own this extraordinary home!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
Bi-Level
Total Living Area:
1,315.35 sq. ft.
Main Level Finished Area:
1,315.35 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,218.09 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,888 sq. ft.
Lot Frontage:
29'11⅞"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Levels:
Bi-Level
Total Rooms Above Grade:
6
Year built:
2012 (Age: 13)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0614526
Heating:
Forced Air
Basement:
Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Lower Level
Hillview Estates
Dishwasher, Garage Control(s), Microwave Hood Fan, Refrigerator
blinds, gazebo, shed, fridge and stove in basement
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Bedroom
10'6" × 9'7"
Main Floor
Bedroom
10'6" × 9'9"
Main Floor
Dining Room
15'3" × 9'11"
Main Floor
Kitchen
15'4" × 10'10"
Main Floor
Living Room
14' × 13'11"
Main Floor
Bedroom - Primary
14' × 13'11"
Lower Level
Bedroom
14'3" × 13'5"
Lower Level
Bedroom
15'9" × 13'8"
Lower Level
Kitchen
13'5" × 7'6"
Lower Level
Game Room
17'10" × 13'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'9" x 4'11"
Main Floor
Yes
4
7'6" x 6'4"
Lower Level
No
4
4'11" x 9'3"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Vaulted Ceiling(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Cul-De-Sac, Front Yard, Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Wheatland County
Zoning:
R1
Listed Date:
Jul 03, 2025
Days on Mkt:
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Listed by RE/MAX Key
Data was last updated July 20, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$604,950
Min list price:
$215,000
Max list price:
$2,000,000
Avg days on market:
38
Min days on market:
2
Max days on market:
362
Avg price per sq.ft.:
$375.45
These statistics are generated based on the current listing's property type and located in Strathmore. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA