Discover Your Affordable Dream: Homes for Sale in Chestermere Under $500,000 (Updated Daily)

Looking for a vibrant lakeside community without exceeding your budget? Explore Chestermere's selection of homes for sale under $500,000! Our website is updated daily with the latest listings, ensuring you find the perfect property to suit your lifestyle and financial needs. Discover a diverse range of homes that provide access to Chestermere's exceptional amenities and charm.

Experience the Allure of Chestermere Living:

  • Lakeside Charm & Urban Convenience: Chestermere is nestled beside the picturesque Chestermere Lake, offering residents the best of both worlds. Enjoy water activities, well-maintained parks, and scenic walking paths. Take advantage of nearby shops, restaurants, and entertainment venues for a touch of urban excitement.
  • A Variety of Properties: Find a home that fits your budget and requirements, whether you're a young family, couple, or single professional. Choose from starter homes, townhomes, condos, and bungalows, providing options for different lifestyles.
  • Strong Community Spirit: Chestermere fosters a welcoming atmosphere and a strong sense of community. Engage in community events, connect with neighbors, and enjoy the warmth of small-town living.

Discover Your Dream Home Under $500,000:

  • Extensive Listings: Delve into our comprehensive database of Chestermere homes priced under $500,000. Explore a wide range of sizes, property types, features, and locations that align with your needs and budget. Each listing provides detailed descriptions, high-resolution photos, and captivating virtual tours when available.
  • Advanced Search Tools: Refine your search effortlessly! Use our advanced search tools to find your ideal Chestermere home by location, price range, number of bedrooms and bathrooms, or desired features. Look for properties that offer:
  • Proximity to the lake for breathtaking views and water activities
  • Modern amenities such as updated kitchens and bathrooms 
  • Family-friendly features like nearby playgrounds or parks 
  • Private outdoor spaces for relaxation or entertaining 
  • Easy access to major roadways for convenient commuting to Calgary 

Expert Guidance at Your Fingertips: Partner with Diane Richardson, your trusted Chestermere real estate expert. Diane's in-depth market knowledge and extensive connections will help you find the perfect home under $500,000 that suits your vision and lifestyle.

Open the Door to Your Affordable Dream Home:

Ready to explore the possibilities of affordable living in Chestermere? Contact Diane Richardson today! With unwavering dedication and expertise in the Chestermere market, Diane will assist you at every step of finding your ideal home within your budget.

Call Diane Richardson at 403.397.3706 or send her an email for a personalized consultation.

Act swiftly! Affordable homes in Chestermere sell quickly. Start your search today and discover the perfect combination of affordability, a beautiful lakeside location, and a vibrant community!

Chestermere Property Selection: Bungalows, Triple Car Garages, Walkout Basements, New Builds, Townhomes & Row Houses

CHESTERMERE HOMES BUNGALOWS FOR SALE IN CHESTERMERE
CHESTERMERE TRIPLE CAR GARAGE HOUSES CHESTERMERE WALKOUT BASEMENT HOMES
CHESTERMERE NEW BUILD HOMES TOWNHOMES & ROW HOUSES CHESTERMERE

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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EXPLORE CHESTERMERE REAL ESTATE LISTINGS BY NEIGHBOURHOODS

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  • 159 Acres Range Road 281: Chestermere Residential Land for sale : MLS®# A2189910

    159 Acres Range Road 281 Chestermere Chestermere T1X 0M5
    Main Photo: 159 Acres Range Road 281: Chestermere Residential Land for sale : MLS®# A2189910
    $9,550,000
    Land
    Status:
    Active
    MLS® Num:
    A2189910
    Adjoining 140 and 53 acre parcels have sold recently. Great NEWS, East and South Chestermere are in active development with Centron Clearwater Park development now underway. City Stormwater Master Plan indicates that a portion of these lands will be integrated with a City-approved stormwater system; this may provide a water feature and potential enhanced value for adjacent lands. This may be your opportunity with 159.21 Acres located inside the CITY of CHESTERMERE, east of KINNIBURGH, on Range Road 281 south of Highway 1. Lots of development underway in Chestermere, buy now for your future development opportunity. The future looks bright with De Havilland Canada Aerospace headquarters and others coming to Wheatland County, Chestermere is ideally suited to meet all their needs. City Municipal Development Plan currently being amended. This 159 acre parcel is available individually or together with adjoining 88 acre parcel, providing opportunity for large land holdings. Chestermere Health Centre and elementary school in neighboring Kinniburgh community. GST applicable. Fenced and gated, viewings by appointment only. More details
    Listed by Legacy Real Estate Services
  • 280156 Township Road 241A: Chestermere Residential Land for sale : MLS®# A2193950

    280156 Township Road 241A Chestermere Chestermere T2P 2G7
    Main Photo: 280156 Township Road 241A: Chestermere Residential Land for sale : MLS®# A2193950
    $3,299,000
    Land
    Status:
    Active
    MLS® Num:
    A2193950
    East Chestermere is experiencing significant growth, making it an excellent opportunity for investors and developers. Located just a few kilometers from Chestermere Lake, this 15.5-acre parcel offers significant potential for subdivision into one-acre lots or high-density residential development. As the fastest-growing community in Alberta, Chestermere is a highly desirable location, just 20 minutes from Calgary. The flat land provides a strong foundation for building a new community. With the City’s Municipal Development Plan currently being updated with services incoming, now is the perfect time to invest. See supplements for the UMP plan. 280156 Township Road 241A is a blank canvas waiting for the right project. More details
    Listed by Coldwell Banker Mountain Central
  • 487 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2187238

    487 East Chestermere Drive Chestermere Chestermere T1X 1A3
    Main Photo: 487 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2187238
    $1,575,000
    Residential
    Status:
    Active
    MLS® Num:
    A2187238
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    3,923 sq. ft.
    This extraordinary two-and-a-half-story lakefront home offers just under 4,000 square feet of stunning living space, perfectly situated on the sunny east side of the lake. From the expansive, newly built 600-square-foot mineral board deck—complete with custom privacy screens and gas fittings for your barbecue & fire pit—to the private west-facing balcony off the primary bedroom, every detail has been designed to showcase lakefront living. Both the lakefront location has minimal to no weeds, ensuring a clean & inviting shoreline & the deep water access allows for larger boats to dock, making it an ideal spot for boating enthusiasts. The backyard is a true oasis, featuring a fire pit, and a private dock, with the property line extending into the lake ~91 feet—perfect for boating, fishing, or relaxing by the water. Nestled on a 0.4-acre lot, the home is ideally located away from highway noise & close to amenities. Inside, recent upgrades enhance both comfort & style. Enjoy the luxurious feel of newer silk-blend carpet in the bedrooms & loft, and appreciate the energy efficiency of triple-pane windows installed in the kids’ rooms, and the master suite in 2023. Three new fiberglass doors add beauty and security, while the second floor benefits from a new AC and furnace, installed in 2022. A new Bosch dishwasher makes the kitchen as functional as it is stylish. The open-concept main floor welcomes you with a spacious entryway leading to a bright open living space. A gorgeous double-sided river rock fireplace anchors the living room, kitchen, & dining area, creating a cozy yet elegant ambiance. The chef’s kitchen boasts a large center island with a gas stove, a spacious walk-in pantry & a convenient desk area tucked in behind the kitchen. A main floor den adds flexibility, whether for work or a cozy retreat. For lake lovers, the wet room/change room off the lake entry makes transitioning from outdoor adventures to indoor comfort a breeze. On the second floor, a large central atrium connects 5 bedrooms, a laundry room, & and a shared bath. The lake-facing primary suite offers a private balcony for unwinding with a glass of wine, while a bonus storage/playroom adds flexibility and fun. ?On the third floor, you’ll find a massive loft with additional storage, perfect for a teenagers retreat or a family gathering space. To complete this incredible property, the oversized attached triple garage (20’9” x 51’7”) provides ample room for vehicles, tools, and your all-season lake toys. Don’t miss your chance to own this amazing lakefront property, combining modern amenities, spacious living, and the best of the lake! More details
    Listed by RE/MAX Key
  • 239 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2197572

    239 East Chestermere Drive Chestermere Chestermere T1X 1A2
    Main Photo: 239 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2197572
    $1,399,000
    Residential
    Status:
    Active
    MLS® Num:
    A2197572
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,831 sq. ft.
    4 BEDS, 3.5 BATHS!! - LAKE HOUSE WITH PRIVATE DOCK, OVER 16,000 SQFT LOT, YARD - ALMOST 3500 SQFT LIVEABLE SPACE 3 CAR GARAGE AND A/C! - UNIQUE LAKEFRONT PROPERTY WITH WALKOUT BASEMENT, HUGE BACKYARD, DECK PORCH AND PATIO - This home begins with a HEATED 3 CAR ATTACHED GARAGE, which leads to you main bedroom with 4PC ensuite and laundry. A second bedroom with 3pc ensuite follows and this opens to your main living space. Porch access leads to this living space as well and the OPEN FLOOR PLAN with a large kitchen island and huge windows that bring in a lot of natural light is perfect for entertaining. The living room is warmed with a fireplace and again the large windows give an amazing VIEW of the LAKE. The WALKOUT BASEMENT has a wood burning FIREPLACE and huge PATIO that extends into your BACKYARD and PROVIDES ACCESS TO YOUR DOCK. The basement is complete with 2 bedrooms, 1 bathroom, a wet bar and SAUNA!! This lot is 50 FT by 325 FT and CAN BE BOUGHT WITH 235 E Chestermere Dr - NEXT DOOR CABIN - CURRENTLY A MAJOR INCOME GENERATOR ON AIRBNB!! - for a total of 100 FT by 325 FT of LAKE FRONT PROPERTY. More details
    Listed by Real Broker
  • 1009 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2186930

    1009 East Chestermere Drive Chestermere Chestermere T1X 1A9
    Main Photo: 1009 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2186930
    $1,395,000
    Residential
    Status:
    Active
    MLS® Num:
    A2186930
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,846 sq. ft.
    ** OPEN HOUSE: SUNDAY MARCH 2 FROM 1-3PM ** Lake living doesn’t get much better than this! Nestled on the south end of Chestermere Lake, this exceptional property offers direct lakefront access with your own boat lift and dock. Situated on a large lot in one of the most sought-after locations, the home boasts stunning mountain views and a west-facing backyard, perfect for enjoying breathtaking sunsets year-round. The expansive outdoor space is ideal for all seasons, offering endless possibilities for relaxation, entertaining, and recreation. This unique property is positioned at the deepest part of the lake, ensuring easier water access with shorter docks. The lake curves southward here, providing an open, spacious feel that enhances both views and privacy. The property line extends into the lake, maintaining a pristine, weed-free shoreline with a sand-bottom lakebed and brand new retaining wall—ensuring clear, perfect water conditions for boating and swimming. The backyard is a true outdoor paradise, with ample space for gardening, games, or simply soaking in the tranquility of the lake. Full sun throughout the day makes it ideal for outdoor dining, lounging, and entertaining. From the new composite boardwalk along the water to the expansive deck and veranda, every aspect of the outdoor spaces is designed for low-maintenance enjoyment. A stamped concrete patio and aggregate walkways seamlessly connect for easy entertaining, while a reinforced retaining wall installed in 2021 ensures both beauty and stability along the shoreline. Whether hosting a BBQ (with a gas line) or relaxing with a book, you’ll enjoy stunning lake views from every angle. The beautifully landscaped property features mature trees and a natural sandbox for children, while the lake-drawn irrigation system keeps the yard lush with minimal effort. Inside, the home offers 2966 sq. ft. of developed living space, including a finished walk-out basement and a double heated garage. The home has been thoughtfully upgraded, featuring two A/C units and two furnaces for year-round comfort. The hot water tank and furnace were recently replaced, and in 2008, the home underwent extensive renovations, including a full exterior refresh, new shingles, and an upgraded main floor with an addition above the garage. The spacious open layout is perfect for both everyday living and entertaining, with a cozy gas fireplace and a large office for those working from home. The finished walk-out basement offers a second kitchen and a separate side entrance, making it ideal for an illegal suite or additional living space. Energy-efficient features include solar panels, an EV charger, and the lake water irrigation system. Walking distance to East Lake School, parks, coffee shops, and dining, this vibrant community offers year-round events and activities. This property offers the best of lakeside living and an active community—don’t miss your chance to own this Chestermere Lakefront gem! More details
    Listed by eXp Realty
  • 881 east lakeview: Chestermere Detached for sale : MLS®# A2194698

    881 east lakeview Chestermere Chestermere T1X 1B1
    Main Photo: 881 east lakeview: Chestermere Detached for sale : MLS®# A2194698
    $998,888
    Residential
    Status:
    Active
    MLS® Num:
    A2194698
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,242 sq. ft.
    Nestled in the desirable community of Chestermere, this stunning estate home sits on nearly half an acre, offering privacy, tranquility, and endless possibilities for your family. With a west-facing backyard, you'll enjoy breathtaking sunsets, custom raised garden beds, and a large hot tub just off the deck—negotiable to stay—creating the perfect space for summer relaxation. Inside, the home boasts four spacious bedrooms on the second floor, including a primary suite with a private three-piece ensuite. A large shared bathroom ensures plenty of space for the rest of the family. The main floor is both functional and flexible, featuring a sunken family room, a bright kitchen with a casual dining area that opens to the back deck, and a front flex room that can be used as a formal dining or living space. Additionally, a main-floor den offers versatility as a home office, a fifth bedroom, or a formal dining room if desired. The unfinished basement is a blank canvas, ready for your creative vision. Whether you dream of a home theater, additional bedrooms, or a recreation space, the possibilities are endless. For those seeking additional space, the attached double garage has been uniquely designed with a raised floor and heating, having previously served as a studio with a private side entrance. It could easily transition into a home gym, kids’ play area, private office, or be converted back into a traditional garage. Adding even more value, a detached heated triple-car garage provides ample room for vehicles, storage, or workshop space. This exceptional property combines space, privacy, and versatility in one of Chestermere’s most sought-after locations. Don’t miss this rare opportunity—schedule your private showing today! More details
    Listed by Century 21 Masters
  • 1088 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2193768

    1088 East Chestermere Drive Chestermere Chestermere T1X 1A9
    Main Photo: 1088 East Chestermere Drive: Chestermere Detached for sale : MLS®# A2193768
    $945,000
    Residential
    Status:
    Active
    MLS® Num:
    A2193768
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,821 sq. ft.
    Looking for spacious living both inside and out, or perhaps a potential 2-family home? This stunning bi-level property on East Chestermere Drive offers 4 bedrooms, 4 bathrooms, and over 3,171 sq ft of beautifully developed living space on a .25-acre lot. Just a 2-minute walk to a pathway leading to Chestermere Lake, it offers the perfect blend of privacy and close proximity lake access. The mature, tree-lined yard creates a peaceful and serene setting, ideal for outdoor relaxation and activities. The main floor features a bright, spacious living area with vaulted ceilings, a cozy wood-burning fireplace, and ample space for your furnishings. A large bay window invites breathtaking sunset views. The chef’s kitchen boasts newer (2021) appliances, granite countertops, an island with a sink and garburator, an eating bar, and a walk-in pantry. A formal dining area completes the heart of the home, making it perfect for entertaining. Step outside to a covered deck with a newly installed stone wall, privacy blinds, and a hot tub on the lower deck, complete with gas lines for a BBQ and fire table—ideal for gatherings. The master suite is generously sized, offering abundant natural light and a spa-like ensuite with a separate tub and shower. A second bedroom offers views of Chestermere Lake and has easy access to a 4-piece bathroom. The lower level is perfect for families, with 2 large bedrooms, a 5-piece bathroom, and a spacious family room featuring a wood stove and beautiful brick accent wall. A fully equipped spice kitchen makes it an ideal space for culinary enthusiasts. The lower level also features a private entrance, making it perfect for an illegal suite with rental income potential. It includes a 2-piece bathroom, backyard access, and direct entry to the garage. The oversized, heated quad garage (35' x 27') provides ample space for vehicles, tools, or a workshop and comes with a hoist and air compressor that stay with the property. The curved driveway accommodates plenty of parking, with additional RV and boat parking on a separate concrete pad. A front patio is perfect for enjoying the evening sun or relaxing in the shade of the large tree. The fully fenced yard is ideal for pets, and there’s abundant storage, including a shed and space beneath the deck. This property offers more than just a home—it’s a lifestyle. Whether you’re relaxing in your private yard, entertaining on the decks, or utilizing the spacious garage and suite potential, this home provides endless possibilities. Don’t miss the chance to own a property that seamlessly combines space, luxury, and convenience. More details
    Listed by RE/MAX First
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Data was last updated March 6, 2025 at 02:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706