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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1024 Lot 64 Drury Avenue NE
Bridgeland/Riverside Calgary T2E 0M2

$650,000
Land

Main Photo: 1024 Lot 64 Drury Avenue NE in Calgary: Bridgeland/Riverside Residential Land for sale : MLS®# A2158219
Status:
Active
Prop. Type:
Land
MLS® Num:
A2158219
**ATTENTION ALL BUILDERS** Lot 64 Seize the opportunity to ELEVATE your lifestyle with the rare opportunity to build YOUR DREAM HOME on Cleared and Subdivided LUXURY LOT (32.5 feet x 155 feet Aprrox.). Ideally located on the ridge with Panoramic views of Downtown, South Calgary, and the Rocky Mountains. The highly desirable community of Bridgeland was named top 5 best communities in Calgary by Avenue Magazine. It is ranked high for it's easy access to the Calgary City Center and Downtown core only 7 mins drive. Parks/Greenspaces, Bow River Pathways, Public Recreation and Transit, Restaurant, Shops, High Walkability Score. All levels of schools within walking distance just outside your frond door. Additionally, Architect is preparing DP package for 3000 sq ft detached home with front attached garage and a legal basement suite that can be shared with the potential buyer.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,037 sq. ft.
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:
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Plan:
2410312
Ensuite:
No
Garage:
0
Bridgeland/Riverside
N/A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C2
Listed Date:
Sep 05, 2024
Days on Mkt:
  • Photo 1: 1024 Lot 64 Drury Avenue NE in Calgary: Bridgeland/Riverside Residential Land for sale : MLS®# A2158219
    Photo 1 of 1
Listed by Real Estate Professionals Inc.
Data was last updated April 17, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$1,199,950
Min list price:
$425,000
Max list price:
$16,757,850
Avg days on market:
80
Min days on market:
1
Max days on market:
2,816
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706