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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128 Coral Shores Cape NE
Coral Springs Calgary T3J 3T8

$999,900
Residential beds: 7 baths: 3.0 1,424 sq. ft. built: 2000

Main Photo: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 1: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 2: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 3: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 4: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 5: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 6: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 7: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 8: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 9: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
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Photo 42: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 43: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 44: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 45: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
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Photo 47: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Photo 48: 128 Coral Shores Cape NE in Calgary: Coral Springs Detached for sale : MLS®# A2197190
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2197190
Bedrooms:
7
Bathrooms:
3
Year Built:
2000
Lake Lifestyle in your Backyard! Stop and look at this Walk-Out Bungalow BACK onto the LAKE located in the quiet cul-de-sac w/ a large pie-shaped lot in the Lake community of Coral Springs! | Total 2,898 sq.ft. of fine living space & Boasting 2+5 Beds, a 4pc Bath, 2 Half Baths, plus a Walk-in Shower | Sunny East-facing Front Exposure | 14’ high Vaulted Ceiling on Main Floor | Own a Private Dock in your Backyard & direct access to the Lake | Double Attached Garage | **CHECK OUT THE 3D VIRTUAL TOUR** | When you walk in, there is a Formal Dining Room w/ a big window on your left-hand side. A 14’ Vaulted Ceiling and an open concept in the Kitchen, Nook, and Living Room area. The large white Kitchen offers a center island w/ an eating bar, a corner pantry, and many cabinets. It is adjacent to the Nook that leads you to your private Deck w/ a beautiful view of the Lake. The Living Room has an Open to below space that you can close off to gain more square footage and has a big window to enjoy the Lake view. There are 2 bedrooms on the Main level with one Full bathroom with wheelchair access and a Soaker Tub, and 1 half bath. In this fully finished Walk-out Basement w/ the Stair Lift, there are 5 bedrooms, and 3 pc bath (walk-in shower). There is a large Family Room w/ a gas fireplace, it is open to above w/ a 20’11’’ ceiling high, and 2-storey windows that introduce tons of sunlight. Walk out from your basement, you will see the unobstructed lake views w/ your private Dock for loading your boat in your Landscaped Backyard. Perfect for outdoor activities lovers! This house is wheelchair accessible from your front driveway with paved walkways up to your door, and 2 walk-in showers on main and lower level. The lake has 2 sandy beaches. Enjoy summer and winter activities like beach volleyball, swimming, boating, fishing, picnic areas with playgrounds, barbecues, fire pit, basketball, tennis, ice hockey, ice fishing, and skating. Close to schools, dog parks, supermarkets, and restaurants. Easy access to the Airport and Stoney Trail. Don’t miss this rare opportunity!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,424 sq. ft.
Main Level Finished Area:
1,424 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,474 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
6,781 sq. ft.
Lot Frontage:
29'2"
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:
East
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
5
Year built:
2000 (Age: 25)
Bedrooms:
7 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
5
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9813368
Heating:
Forced Air
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Pine Shake
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
HOA Fee:
$779.30
Coral Springs
Beach Access, Boating, Clubhouse, Park, Playground
Dishwasher, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer, Window Coverings
Chair Lift, R.I. Vacuum
None Known
Floor
Type
Size
Other
Main Floor
Living Room
16'6" × 6'4"
Main Floor
Kitchen
17'6" × 11'4"
Main Floor
Nook
10' × 9'6"
Main Floor
Den
12' × 9'
Main Floor
Bedroom - Primary
13'5" × 12'
Main Floor
Bedroom
10'4" × 8'10"
Basement
Family Room
28'4" × 11'9"
Basement
Bedroom
12' × 9'5"
Basement
Bedroom
11'10" × 9'2"
Basement
Bedroom
10'9" × 9'5"
Basement
Bedroom
10'9" × 8'9"
Basement
Bedroom
10' × 9'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Main Floor
No
2
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Dock
Patio And Porch Features:
Deck
Lot Features:
Cul-De-Sac, Lake, Landscaped, No Neighbours Behind, Pie Shaped Lot
Accessibility Features:
Stair Lift
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-CG
Listed Date:
Feb 25, 2025
Days on Mkt:
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3D Tour

Listed by Jessica Chan Real Estate & Management Inc.
Data was last updated April 15, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$699,900
Min list price:
$415,000
Max list price:
$1,599,900
Avg days on market:
37
Min days on market:
6
Max days on market:
75
Avg price per sq.ft.:
$441.19
These statistics are generated based on the current listing's property type and located in Coral Springs. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706