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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NEXT Open House + more
Apr 16, 2025 11:00 PM - 05:00 PM MDT

164 Cranbrook Drive SE
Cranston Calgary T3M 2S7

$1,299,000
Residential beds: 4 baths: 3.0 1,584 sq. ft. built: 2018

Main Photo: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 1: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 2: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 3: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 4: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 5: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 6: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 7: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 8: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 9: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 10: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 11: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 12: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 13: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 14: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 15: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 16: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 17: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 18: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 19: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 20: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 21: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 22: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 23: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 24: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 25: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 26: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 27: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 28: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 29: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 30: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 31: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 32: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 33: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 34: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 35: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 36: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 37: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 38: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 39: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 40: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 41: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Photo 42: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
Open House - Apr 16, 2025
11:00 PM - 05:00 PM MDT
NOTES: Open House on Wednesday, April 16, 2025 11:00PM - 5:00PM
Open House - Apr 19, 2025
10:00 PM - 04:30 PM MDT
NOTES: Open House on Saturday, April 19, 2025 10:00PM - 4:30PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2199187
Bedrooms:
4
Bathrooms:
3
Year Built:
2018
Get ready to experience the pinnacle of luxury living in one of Cranston’s most sought-after locations • Nestled in a serene and private setting • Meticulously designed 4-bedroom estate bungalow with over 2800 sq. ft. of developed living space • Backs onto the picturesque escarpment • Striking curb appeal with maintenance-free acrylic stucco and extensive stonework • Oversized custom garage doors and exposed aggregate driveway • Professionally landscaped yard with irrigation system, privacy screens, and direct escarpment access • Sunken concrete and stone patio with built-in gas fire table for relaxation or entertaining • Dramatic high ceilings and open-concept design • Haro engineered hardwood flooring throughout the main level • Designer full-height cabinetry and high-end stainless steel appliances • Massive waterfall island with custom tech station • Custom built-in dining hutch with integrated wine and beverage fridge • Living room with full-height gas fireplace featuring stone and tile surround • Primary suite with tranquil spa-inspired ensuite featuring dual sinks, under-cabinet lighting, in-floor heating, and custom-tiled shower with 10mm glass enclosure • Massive walk-in closet with custom shelving for storage and organization • Expansive lower level featuring a family and media room wired for 7.2 surround sound • Dedicated home gym area pre-wired for sound • Two additional spacious bedrooms and full bathroom with in-floor heating • Generous storage space and unfinished wine room ready for customization • Triple-pane metal-clad windows for superior insulation • Four zones of WiFi-controlled lighting (two interior and two exterior) • Arlo doorbells at both front and rear • Built-in closets throughout • Oversized garage wired and plumbed for an overhead gas heater • Main level with three audio zones featuring in-ceiling speakers • Rift Oak cabinetry and extensive designer tile work in the kitchen and baths • Steps from Fish Creek Park, river pathways, and scenic walking trails • Close proximity to parks, playgrounds, and top-rated schools — perfect for families seeking luxury and convenience.
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:
1,584.02 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,230.48 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
5,683 sq. ft.
Lot Frontage:
44'1"
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:
One
Total Rooms Above Grade:
7
Year built:
2018 (Age: 7)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1711113
Heating:
High Efficiency, In Floor, Electric, Forced Air, Humidity Control, Natural Gas
Basement:
Finished, Full, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Metal Siding, Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Blower Fan, Gas, Living Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Main Level
HOA Fee:
$517.65
Cranston
None
Built-In Gas Range, Central Air Conditioner, Dishwasher, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer/Dryer, Water Softener, Window Coverings
N/A
Easement Registered On Title, Restrictive Covenant-Building Design/Size, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Family Room
49'6" × 48'8"
Main Floor
Dining Room
48'8" × 45'1"
Main Floor
Kitchen
48'8" × 34'2"
Main Floor
Bedroom - Primary
53'7" × 48'5"
Main Floor
Bedroom
40'2" × 39'11"
Main Floor
Foyer
55'6" × 29'9"
Main Floor
Hall
21'7" × 16'5"
Main Floor
Laundry
33'8" × 27'1"
Main Floor
Walk-In Closet
38' × 26'
Basement
Game Room
87'3" × 83'8"
Basement
Bedroom
44'7" × 36'1"
Basement
Walk-In Closet
20'6" × 18'7"
Basement
Furnace/Utility Room
62'4" × 33'8"
Basement
Bedroom
44'7" × 37'9"
Basement
Hall
16'5" × 11'6"
Basement
Exercise Room
50'10" × 23'3"
Basement
Storage
33'1" × 19'8"
Basement
Hall
34'9" × 21'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
5
36'11" x 54'2"
Main Floor
No
4
15'10" x 36'11"
Basement
No
4
37'9" x 44'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths, Clubhouse, Fishing, Lake, Other, Tennis Court(s)
Interior Features:
Bookcases, Ceiling Fan(s), French Door, Jetted Tub, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Storage, Vinyl Windows, Walk-In Closet(s), Wired for Data, Wired for Sound
Exterior Features:
Barbecue, BBQ gas line, Fire Pit, Garden, Lighting, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard, Front Yard, Rectangular Lot, Backs on to Park/Green Space, Few Trees, Landscaped, Lawn
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Mar 11, 2025
Days on Mkt:
  • Photo 1: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Photo 1 of 42
  • Photo 2: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Master Bedroom
  • Photo 3: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Master Bedroom
  • Photo 4: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Master Bedroom
  • Photo 5: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Master Bedroom
  • Photo 6: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Main floor Bedroom/Office
  • Photo 7: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Main Floor Bedroom/Office
  • Photo 8: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Main floor bedroom/Office
  • Photo 9: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Master Bathroom
  • Photo 10: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Living Room
  • Photo 11: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Living Room
  • Photo 12: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Dinning Room
  • Photo 13: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Dinning Room
  • Photo 14: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Dinning Room
  • Photo 15: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Kitchen
  • Photo 16: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Kitchen
  • Photo 17: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Main Floor Bathroom
  • Photo 18: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Wine Room (unfinished)
  • Photo 19: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Photo 19 of 42
  • Photo 20: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Basement Gym
  • Photo 21: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Family Room
  • Photo 22: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Family Room
  • Photo 23: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Family Room
  • Photo 24: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Family Room
  • Photo 25: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Basement Bathroom
  • Photo 26: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Basement Bedroom 1
  • Photo 27: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Basement Bedroom 1
  • Photo 28: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Basement Bedroom 2
  • Photo 29: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Basement Bedroom 2
  • Photo 30: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
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    Photo 37 of 42
  • Photo 38: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Backyard/Patio
  • Photo 39: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Backyard
  • Photo 40: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
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  • Photo 41: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
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  • Photo 42: 164 Cranbrook Drive SE in Calgary: Cranston Detached for sale : MLS®# A2199187
    Photo 42 of 42

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Listed by Real Broker
Data was last updated April 16, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$547,450
Min list price:
$264,900
Max list price:
$1,960,000
Avg days on market:
20
Min days on market:
1
Max days on market:
135
Avg price per sq.ft.:
$407.35
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706