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.

BUNGALOWS FOR SALE IN OAKRIDGE CALGARY

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  • 9124 Oakmount Drive SW in Calgary: Oakridge Detached for sale : MLS®# A2207415

    9124 Oakmount Drive SW Oakridge Calgary T2V 4X7
    Main Photo: 9124 Oakmount Drive SW in Calgary: Oakridge Detached for sale : MLS®# A2207415
    $1,300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207415
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,101 sq. ft.
    ***OPEN HOUSE APRIL 26th & 27th, 2025, 11 AM - 1:30 PM. Welcome to this meticulously renovated bungalow located in the desirable Oakridge Estates of Calgary. This is a home designed for those who appreciate modern open concept living, and a location that offers the best of Calgary. MOVE-IN READY and perfect for entertaining—this one has Charm. Upon entering, you’ll immediately notice the main floor renovation, fresh paint, new hardware, DREAM KITCHEN and new carpet that elevate the space. The kitchen is a Modern Masterpiece—designed with the finest materials, featuring sleek stainless-steel appliances, an abundance of storage, and an oversized island that will inspire any chef. From there, walk out to the beautifully updated patio, ideal for relaxed mornings or intimate gatherings. The main floor boasts 3 bedrooms, and 2 full baths including a spacious renovated primary bedroom with its own ensuite, plus a walk-in closet. There are plenty of rooms for your family and guests. The fully developed basement features 1 generous bedroom, 1 full bathroom, and two developed recreational areas that provide endless possibilities. The charming basement is family friendly, with brick pillars and a medium-sized bar area—a nod to the previous owner’s masonry expertise. The landscaped backyard provides both privacy and ease of maintenance, while the front yard is a SHOWSTOPPER, offering incredible curb appeal that sets this home apart. Additional features include a concrete tile roof, brick exterior, newer windows, RV parking, central air conditioning, skylights galore throughout, and 4 fireplaces (3 inside and one outside) that provide both comfort and elegance. The attached heated, insulated garage adds a touch of practicality, making this home perfect for all seasons. Located in one of Calgary’s most sought-after neighbourhoods, this Oakridge Estates bungalow is a fantastic opportunity for the discerning buyer. Oakridge is home to the Louis Riel School which offers the South Calgary Gifted and Talented program (GATE) and the SW Science Alternative Program. The addition of Stoney Trail (Calgary’s Ring Road) is accessible at 90 Ave SW, making commuting to almost anywhere seamless, allowing for quicker access to work and shopping. The Oakridge Community Centre and the Louis Riel School are a 3 minute drive away. Enjoy recreational areas such as South Glenmore Park, Heritage Park, the shops at Glenmore Landing and don’t forget the Rockyview Hospital; this location can’t be beat. Your journey continues here. More details
    Listed by Coldwell Banker Mountain Central
  • 2908 Palliser Drive SW in Calgary: Oakridge Detached for sale : MLS®# A2214377

    2908 Palliser Drive SW Oakridge Calgary T2V 4G2
    Main Photo: 2908 Palliser Drive SW in Calgary: Oakridge Detached for sale : MLS®# A2214377
    $1,150,000
    Residential
    Status:
    Active
    MLS® Num:
    A2214377
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,916 sq. ft.
    OPEN HOUSE Sat, April 26 11 -1 & Sun April 27 12-2 Discover Oakridge Estates — one of Calgary’s most sought-after communities, where the beauty of nature meets unbeatable convenience. Live just steps from the Glenmore Reservoir and South Glenmore Park, with scenic walking trails, playgrounds, and vibrant green spaces practically at your doorstep. Top-rated schools (Louis Riel and Nellie McClung), charming cafes, restaurants, and everyday amenities are all within minutes, while easy access to major routes keeps you connected to downtown and beyond. Welcome to 2908 Palliser Drive SW — a beautifully updated bungalow on an expansive 62’ lot, ready to offer your family the lifestyle you’ve been dreaming of. Impressive curb appeal is complemented by composite decking in both the front and backyard—perfect for morning coffees or relaxing summer evenings. Step inside to over 3,500 sq ft of thoughtfully designed living space. The sun-filled living room features custom built-ins for your home library or display, while the cozy family room invites you to unwind by the wood-burning fireplace. The bright, functional kitchen is equipped with new fridge, dishwasher, and garburator, stainless steel appliances, a central island, and a cheerful breakfast nook overlooking the beautifully landscaped yard. Throughout the home, enjoy upgraded trim and casings, plus built-in dimmable track lighting that offers a cozy glow any time of day. Additional upgrades include a new water softener and humidifier, enhancing comfort and efficiency. Upstairs, three spacious bedrooms await—including a tranquil primary suite with dual closets and a private ensuite, offering the perfect retreat after a busy day. The large mudroom, connected to the oversized double garage, keeps your busy life organized. The fully finished basement is made for making memories, with a rec room, media area, two additional bedrooms, and a full-sized bar for entertaining friends and family. You’ll enjoy year-round comfort with a brand-new furnace and central A/C system, ensuring you’re cozy in winter and cool in summer. Experience the lifestyle Oakridge Estates is known for—where nature, community, and convenience come together in perfect harmony. Book your showing at 2908 Palliser Drive SW and see why this home—and this neighborhood—are truly special. More details
    Listed by Real Broker
  • 224 Oakwood Place SW in Calgary: Oakridge Detached for sale : MLS®# A2213365

    224 Oakwood Place SW Oakridge Calgary T2V 3Y6
    Main Photo: 224 Oakwood Place SW in Calgary: Oakridge Detached for sale : MLS®# A2213365
    $974,900
    Residential
    Status:
    Active
    MLS® Num:
    A2213365
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,751 sq. ft.
    Welcome to this stunning almost 1,800 square foot bungalow nestled in the highly sought-after community of Oakridge. Perfectly positioned on a quiet, family-friendly cul-de-sac, this 4 bedroom bungalow home sits on a generous pie-shaped lot, offering both privacy and space for outdoor enjoyment. Step inside to discover a spacious and well-designed interior featuring a welcoming living room flooded with natural light, open dining area, and a functional kitchen boasting newer appliances —ideal for everyday living and entertaining. You’ll also find a versatile bonus space that can easily serve as a home office, family room, or multipurpose area to suit your lifestyle needs with easy access to the back entrance of the home. The main floor boasts three generously sized bedrooms, including a lovely primary suite complete with a private 4-piece ensuite and built in wardrobes. The fully developed basement offers an incredible extension of your living space, with a cozy family room/ recreation room perfect for playtime with the kids. You’ll also find a dedicated theatre room with wood burning fireplace, a lovely fourth bedroom, a home office, gym area, and even a workshop—this home has an abundance of storage space...perfect for the growing family. This is more than just a house—it’s the perfect place to call home with truly something for everyone!. Don’t miss your chance to own one of Oakridge’s best! More details
    Listed by RE/MAX First
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Data was last updated April 27, 2025 at 10:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706