Southeast Calgary Homes for Sale: $500,000 to $600,000 Price Range (Updated Daily)

For those seeking affordability without sacrificing quality, the southeast quadrant of Calgary offers a wide selection of homes priced between $500,000 and $600,000. This price bracket is perfect for first-time homebuyers, young professionals, and small families, providing access to vibrant communities with plenty of amenities.

Key Highlights of Southeast Calgary Homes for Sale ($500,000 to $600,000):

  • Comfortable Living Spaces: Homes in this range often feature modern layouts, efficient use of space, and are designed with both style and practicality in mind.

  • Contemporary Features: Expect to find homes with updated kitchens, bathrooms, and fixtures, as well as appealing touches like hardwood floors, stainless steel appliances, and energy-efficient systems.

  • Community Amenities: Southeast Calgary is known for its excellent schools, abundant parks, and a variety of community centers that offer programs and services for all ages.

  • Outdoor Recreation: Residents can enjoy easy access to nature trails, public parks, and other outdoor recreational facilities, perfect for active lifestyles and weekend adventures.

  • Proximity to Essentials: The area boasts great connectivity to Calgary's city center and major highways, plus proximity to shopping, dining, and entertainment options, ensuring convenience at every turn.

  • Investment Opportunity: This price range is particularly attractive for those looking to enter the housing market, with potential for property value appreciation due to Calgary’s growing demand and development.

Partner with a Trusted Real Estate Expert: Diane Richardson, with her extensive experience in Southeast Calgary’s real estate market, is ideally positioned to help you navigate your home buying journey. Diane’s commitment to client satisfaction and her knowledge of the market trends make her an invaluable resource for any buyer.

Contact Diane Richardson:

Embark on Your Home Buying Journey in Southeast Calgary

Whether you are a first-time buyer or looking to downsize, the homes in the $500,000 to $600,000 range offer great value and a supportive community environment. Let Diane Richardson assist you in finding a home that meets your needs and budget in one of Calgary’s most appealing areas.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

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320 Magnolia Crescent SE
Mahogany Calgary T3M 3T3

$819,900
Residential beds: 4 baths: 3.0 2,305 sq. ft. built: 2025

Main Photo: 320 Magnolia Crescent SE in Calgary: Mahogany Detached for sale : MLS®# A2201347
Photo 1: 320 Magnolia Crescent SE in Calgary: Mahogany Detached for sale : MLS®# A2201347
Photo 2: 320 Magnolia Crescent SE in Calgary: Mahogany Detached for sale : MLS®# A2201347
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Photo 41: 320 Magnolia Crescent SE in Calgary: Mahogany Detached for sale : MLS®# A2201347
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2201347
Bedrooms:
4
Bathrooms:
3
Year Built:
2025
Welcome to The Luna by Hopewell Residential, a beautifully designed home in the award-winning lake community of Mahogany. This stunning property offers an exceptional blend of modern elegance and thoughtful functionality, perfect for today’s homeowners. With a south-facing backyard, natural light floods the living spaces, creating a warm and inviting atmosphere throughout. The 2' garage width extension provides added convenience for extra storage or larger vehicles, while the main floor bedroom and full bathroom make this home ideal for multi-generational living, guests, or a private office space. At the heart of the home, the upgraded kitchen is a chef’s dream, boasting a chic two-tone cabinetry design, quartz countertops, and an enhanced layout featuring a chimney hood fan, built-in microwave, and an extra set of drawers for additional storage. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a perfect space for entertaining. Sunlight pours into the Lifestyle Room through additional side windows, while pot lights provide a bright and inviting ambiance. The spindle railing on the main and upper level enhances the home's airy and open feel, while an exterior gas line ensures future BBQs are effortless. Upstairs, the spacious entertainment room is perfect for movie nights, game days, or a play area. The primary suite is a true retreat, offering a large walk-in closet and a spa-inspired ensuite, perfect for unwinding at the end of the day. Two additional well-sized bedrooms provide ample space for family members or a home office, while the secondary bathroom ensures convenience and privacy for everyone. Adding even more value, the **separate entrance and 9' foundation height offer endless possibilities for a future basement suite (A secondary suite would be subject to approval and permitting by the city/municipality). Whether you're looking to create an additional living space, rental income potential, or a private retreat for extended family, the basement is ready to accommodate your vision. Nestled in the heart of Mahogany, this home grants you exclusive access to Calgary’s largest freshwater lake, scenic walking paths, parks, and an array of nearby shopping and dining options. Experience the perfect balance of nature and urban convenience in one of the city’s most sought-after communities. Don’t miss your chance to call The Luna home—schedule your private viewing today! **Please note, photos are from the show home/previous builds to demonstrate quality of construction & finishes and may not be an exact representation of this home**
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,305 sq. ft.
Main Level Finished Area:
960 sq. ft.
Upper Level Finished Area:
1,345 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
4,122 sq. ft.
Lot Frontage:
36'
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2025 (Age: 0)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
2311733
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
Builder:
Hopewell Residential
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
HOA Fee:
$582.00
Mahogany
None
Dishwasher, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator
N/A
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living/Dining Room Combination
22'11" × 14'6"
Main Floor
Kitchen
11'10" × 10'3"
Main Floor
Bedroom
9'3" × 9'2"
Upper Level
Bonus Room
17'9" × 11'9"
Upper Level
Bedroom - Primary
15'10" × 11'4"
Upper Level
Bedroom
11'4" × 11'3"
Upper Level
Bedroom
11'4" × 11'3"
Upper Level
Laundry
7'8" × 5'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'8"
Upper Level
Yes
5
9'10" x 11'
Upper Level
No
5
7'8" x 8'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Vinyl Windows
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Yard, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Mar 11, 2025
Days on Mkt:
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Listed by Real Broker
Data was last updated May 22, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
137
Avg list price:
$679,900
Min list price:
$274,900
Max list price:
$2,248,900
Avg days on market:
40
Min days on market:
1
Max days on market:
565
Avg price per sq.ft.:
$434.44
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706