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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Find Your Perfect Home in Southeast Calgary: Browse by Price Range
| $200,000 - $375,000 | $500,000 - $600,000 | $800,000 - $900,000 |
| $350,000 - $500,000 | $600,000 - $700,000 | $900,000 - |
| $400,000 - $500,000 | $700,000 - $800,000 | SW CALGARY HOMES FOR SALE |
Explore Mahogany's Diverse Real Estate Offerings
| MAHOGANY DETACHED HOMES FOR SALE | MAHOGANY CONDOS FOR SALE |
| MAHOGANY TOWNHOMES FOR SALE | BUNGALOWS FOR SALE IN MAHOGANY |
There are several ways to contact Diane Richardson:
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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.
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Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
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Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
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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.
BUNGALOWS FOR SALE EDGEMONT CALGARY
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147 Edgeridge Terrace NW in Calgary: Edgemont Semi Detached (Half Duplex) for sale : MLS®# A2242960
147 Edgeridge Terrace NW Calgary T3A 6C2 
$925,000Residential- Status:
- Active
- MLS® Num:
- A2242960
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,520 sq. ft.
Welcome to one of the most desirable locations in the complex—backing onto extra green space and just steps from the scenic ravine pathway in Edgemont. This fully renovated bungalow villa combines luxury, comfort, and convenience, with maintenance-free living that lets you skip the lawn mower and snow shovel so you can enjoy your time your way. Inside, the main floor is bright and open with beautiful ravine views from every angle. The chef-inspired kitchen is thoughtfully designed with high-end appliances and a seamless layout that’s perfect for entertaining. The primary bedroom offers more of those tranquil views, plus a cozy reading nook, a custom walk-through closet, and a stunning ensuite complete with a double vanity, luxury shower, and a sauna that feels like your own private retreat. The walkout lower level adds even more functional space with a second bedroom, its own walk-in closet and full bathroom, a spacious rec room with wet bar, and a bonus hobby room. This rare villa has it all—elegant design, move-in readiness, low-maintenance living, and a prime location for those who love nature and an active lifestyle. Book your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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171 Edenwold Drive NW in Calgary: Edgemont Detached for sale : MLS®# A2243619
171 Edenwold Drive NW Calgary T3A 3T4
$916,800Residential- Status:
- Active
- MLS® Num:
- A2243619
- Bedrooms:
- 7
- Bathrooms:
- 4
- Floor Area:
- 1,537 sq. ft.
Welcome to this exquisite, fully renovated luxury bungalow offering about 3,000 sq ft of beautifully designed living space. Nestled on a spacious lot with an East-facing and lush green space, this home combines elegance, comfort, and functionality in an open-concept layout. //Main Floor Highlights: 2 Primary Suites, each with a private 3-piece ensuite 1 Additional Bedroom with a 4-piece bath Bright and spacious living room Elegant dining room and open office area Gourmet kitchen featuring quartz countertops and access to a sunlit breakfast/dining area // Basement Highlights (Separate Entrance): 4 Spacious Bedrooms, including a luxurious primary suite with a 4-piece ensuite Additional 4-piece bathroom for guests or family Fully equipped professional-grade kitchen Private laundry room //Exterior & Extras: Low-maintenance landscaping in both front and backyards Ideal for large families or multi-generational living Excellent investment potential with separate living quarters Whether you're looking for your dream home or a high-return investment, this property is good to live, good to invest! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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42 Edgevalley View NW in Calgary: Edgemont Row/Townhouse for sale : MLS®# A2230882
42 Edgevalley View NW Calgary T3A 5N9
$895,000Residential- Status:
- Active
- MLS® Num:
- A2230882
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,603 sq. ft.
Walkout Bungalow perfectly positioned ON THE RAVINE in the sought-after community of Edgemont. FULLY FINISHED well kept home with VAULTED LIVINGROOM AND BEDROOM, SKYLIGHTS, UPDATED SUPER BRIGHT, OPEN CONCEPT main floor with soaring vaulted ceilings. The living room is SPAACIOUS and blends NATURAL VIEWS with natural light and showcases sweeping ravine views, a cozy three-sided fireplace, and access to the upper balcony—ideal for relaxing or entertaining. The kitchen is thoughtfully designed with a large granite island with breakfast bar, newer appliances and plentiful cabinetry, while a charming breakfast nook offers a casual spot to enjoy your morning coffee. The spacious primary suite on the main level features vaulted ceilings, tranquil ravine views, and a luxurious 5-piece ensuite with a deep soaker tub, dual vanities, and a walk-in closet. Also on the main level, you’ll find a formal dining room, a versatile den, a powder room, and a combined mudroom/laundry space for added convenience. The fully finished walkout basement expands your living space with a generous family room, complete with built-in shelving, a fireplace, and a wet bar—perfect for hosting guests. A second bedroom with a large closet, a full bathroom, and a spacious recreation area round out the lower level. New windows on the main floor. New furnace in 2022, hot water tank in 2024. The shingles on the roof were replaced in 2017. Attached double garage and visitor parking offered in this fabulous VILLA! Ready for immediate possession. Located in one of Calgary’s largest and most established neighbourhoods, Edgemont is known for its abundance of parks, pathways, and green space. With easy access to major roads, this home offers the perfect blend of peaceful living and city convenience. More detailsListed by RE/MAX iRealty Innovations- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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76 Edgeland Road NW in Calgary: Edgemont Detached for sale : MLS®# A2227821
76 Edgeland Road NW Calgary T3A 2Y4
$825,000Residential- Status:
- Active
- MLS® Num:
- A2227821
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,825 sq. ft.
This beautifully maintained & thoughtfully designed custom-built bungalow sits on a quiet street in the highly sought-after community of Edgemont. A spacious front entry opens to a striking curved staircase, this home offers both elegance & functionality. The formal floor plan includes a spacious living room & dedicated dining room-ideal for hosting. The large kitchen boasts an island, generous pantry, newer cabinetry, laminate countertops & a cozy eating nook that flows into the inviting family room with a brick-facing fireplace. The main level features a spacious primary bedroom with a private 3-piece ensuite & 3 closets, along with two additional well-sized bedrooms & a full bath. Downstairs, the fully finished basement is open & versatile, with a large rec/games room (pool table included), a second fireplace, wet bar, a den/office, & plenty of storage. Step outside to a beautifully landscaped backyard oasis complete with a large deck, lush garden beds, & a metal fence. Additional features & updates include: new hot water tank (2025), all new basement carpet (2019), hardwood in the main floor hallway, shingles & skylight (approx 12 years old), new garage door, & a double attached garage. This home offers space, character, & comfort—all in a mature, family-friendly neighbourhood with excellent amenities, schools, & green spaces nearby. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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6 Edenwold Green NW in Calgary: Edgemont Row/Townhouse for sale : MLS®# A2242626
6 Edenwold Green NW Calgary T3A 5B8
$599,900Residential- Status:
- Active
- MLS® Num:
- A2242626
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,285 sq. ft.
Located in the sought-after community of Edgemont, this end unit townhome bungalow offers over 2,400 sq.ft. of total living space in a quiet and beautifully maintained 55+ adult living complex. Residents enjoy access to a private clubhouse, where social activities such as card games, reading groups, game nights, and potlucks create a true sense of community. The clubhouse is fully equipped with a kitchen, lounge, pool table, darts, and shuffleboard—perfect for gathering with neighbours and friends. Step inside to find the open Main Floor with soaring 11’5” vaulted ceilings that enhance the spacious feel of the combined Living and Dining Room. The Kitchen features granite countertops and is seamlessly connected to a cozy Breakfast Nook, which opens onto the oversized rear deck (21' x 9'6") with a retractable awning —ideal for morning coffee or summer dinners with a view. The Primary Bedroom offers a 4-piece Ensuite with double vanity and a walk-in closet. A great-sized Den, Laundry Room, and insulated Double Attached Garage complete the main level. The fully finished Walkout Basement provides additional room to relax or entertain, featuring a large Family Room with gas fireplace and wet bar, a second Bedroom with generous walk-in closet, a 4-piece Bath, and a spacious Workshop area—perfect for woodworking, crafting, or hobbies. Step outside to the lower covered Patio, complete with a gas BBQ hookup, and enjoy the mature, peaceful surroundings. Tucked within a quiet cul-de-sac, Dreamview Village is a well-run complex with an active resident community. It’s ideally located close to walking paths, Nose Hill Park, local cafés and restaurants, and just minutes from the shops and services at Crowfoot Centre. This is a rare opportunity to enjoy low-maintenance, community-oriented living in one of NW Calgary’s most desirable neighbourhoods. More detailsListed by Jessica Chan Real Estate & Management Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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