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.

COCHRANE LAKE HOMES FOR SALE

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  • 19 Monterra Way: Cochrane Lake Detached for sale : MLS®# A2233171

    19 Monterra Way Cochrane Lake Cochrane Lake T4C 0G9
    Main Photo: 19 Monterra Way: Cochrane Lake Detached for sale : MLS®# A2233171
    $1,499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2233171
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,853 sq. ft.
    Step into refined simplicity with this exquisite newly built Scandinavian-style bungalow, a masterpiece of modern design and natural beauty. “The Olso” was created and built by Ironstone Custom Homes. Thoughtfully crafted with clean lines, organic textures, and an emphasis on light and space, this home redefines contemporary comfort with an array of high-end upgrades and sophisticated features. From the exterior, the home's minimalist architecture captures attention with its blend of vertical wood cladding, matte black accents, and oversized windows that bring the outdoors in. The single-level layout offers the ultimate in ease and accessibility, while maintaining an elegant and airy presence. Inside, you're welcomed into an open-concept living space radiating warmth and functionality. Vaulted ceilings and expansive windows create a sense of volume and tranquility, enhanced by engineered wide-plank hardwood flooring, soft white walls, and the calming palette typical of Nordic design. At the heart of the home lies a gourmet kitchen, featuring sleek quartz countertops, custom cabinetry, designer fixtures, and a full suite of premium stainless steel appliances—perfect for both entertaining and everyday living. A butlers pantry awaits you with a storage on one side and additional cabinets on the other side. The spacious office over looks the landscaped front yard. A seamless transition between the gourmet kitchen, dining area and living room create perfect synergy. The bungalow offers spacious bedrooms, each designed with simplicity and comfort in mind. The primary suite is a private retreat with direct access to the outdoor deck with separate space for cooking , a retreat with a wood burning fireplace and hot tub area. This luxurious ensuite bath, featuring a double vanity, walk-in glass shower, separate tub and spa-like finishes. A massive closet with builtins galore. Every corner of the home is elevated with smart home features, upgraded lighting, and energy-efficient systems. Seamlessly extending the living space outdoors is a true highlight: an exceptional outdoor experience anchored by a grand wood-burning fireplace. This custom-built stone feature sets the tone for year-round gatherings under the covered patio. Whether you're enjoying crisp evenings beside the fire or hosting al fresco dinner parties, the space offers an intimate connection to nature, blending modern luxury with rustic charm. The basement is fully finished offering 3 massive bedrooms, builtins, a full bathroom, exercise room, wine room a family room and recreation space. Don’t miss the hidden door or the triple car garage completely done out!! Surrounded by peaceful space and ideally situated for privacy and convenience, this bungalow is more than a home—it's a lifestyle. With upgrades galore, timeless Scandinavian design, and an unbeatable indoor-outdoor flow, this is a rare opportunity to own a home that’s both effortlessly stylish and functionally flawless. More details
    Listed by RE/MAX First
  • 218 Montenaro Place: Cochrane Lake Detached for sale : MLS®# A2234172

    218 Montenaro Place Cochrane Lake Cochrane Lake T4C 0A7
    Main Photo: 218 Montenaro Place: Cochrane Lake Detached for sale : MLS®# A2234172
    $1,549,990
    Residential
    Status:
    Active
    MLS® Num:
    A2234172
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,678 sq. ft.
    Nestled in the prestigious community of Monterra, this remarkable custom-built executive bungalow offers 5233 sq. ft. of thoughtfully designed living space with high-end finishes, exceptional craftsmanship, and an unbeatable location on a quiet cul-de-sac, backing onto a pond. Step into a home that exudes warmth and sophistication with solid mahogany interior doors, 6” baseboards, hickory hardwood, and marble tile flooring. The gourmet kitchen is a chef’s dream, featuring a Viking gas range, Legacy maple cabinets with soft-close drawers, granite countertops, and a large pantry. The spacious living room boasts a 12’ coffered ceiling, a stunning stone fireplace wall with built-in shelving, and expansive windows showcasing breathtaking views. The primary suite is a true retreat, offering private deck access, a massive walk-in closet, and a spa-like 5-piece ensuite complete with dual sinks, granite counters, an air jet tub, and a dual-head shower. With three bedrooms up (or two plus an office), a functional mudroom with built-in lockers, and a laundry room with granite counters and a sink, this level is both practical and luxurious. The fully finished basement features 9’ ceilings, a spectacular wet bar with a fridge and dishwasher, and an expansive rec area with space for games, a gym, and an extraordinary theater room (complete with all theater/audio equipment included). Two additional spacious bedrooms and a beautifully designed 4-piece bathroom with dual sinks and an oversized shower complete this level. Sitting on a massive pie-shaped 0.56-acre lot, this property is fully landscaped with irrigation, mature trees, and raised garden boxes. Relax in the hot tub, entertain around the exterior fire pit with stamped concrete, or unwind in the three-season lower sitting area with electric screens. The upper balcony offers sweeping views of the tranquil pond, making this the perfect setting for outdoor enjoyment. Some of the many features include an oversized 3-car garage (in-floor heat), a water filtration system, A/C, 60 windows that flood the home with natural light, custom stonework, cedar garage doors/soffits/trim, and so much more! Monterra is an exclusive estate community near Cochrane, renowned for its sprawling lots, breathtaking views, and serene atmosphere. With scenic ponds, winding walking trails, and year-round recreational opportunities, it seamlessly combines luxury living with the beauty of nature. This extraordinary property provides a truly unmatched lifestyle in one of the most sought-after communities. Book your private showing today! More details
    Listed by Century 21 Bamber Realty LTD.
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Data was last updated July 24, 2025 at 04:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA