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
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| $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.
5+ BEDROOM BEARSPAW HOMES FOR SALE
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75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
75 Gray Way Rural Rocky View County T3R 1K7 
$5,500,000Residential- Status:
- Active
- MLS® Num:
- A2179465
- Bedrooms:
- 6
- Bathrooms:
- 7
- Floor Area:
- 6,002 sq. ft.
This architectural masterpiece offers an impressive fully furnished 13,500 SF of lavish living space, including a sprawling 2,700 SF gymnasium. A grand foyer, adorned with an imperial spiral staircase, warmly welcomes your guests. High ceilings grace this abode, featuring 7 bedrooms, 6 ensuite bathrooms, 3 additional bathrooms, an exercise room, a theatre room, and a formal dining room. This custom-designed residence offers an array of luxurious amenities, meticulously crafted for your entertainment and pleasure. The interior spaces are versatile, accommodating everything from formal dinners and cocktail soirées to movie nights, fully equipped karaoke system and lively games of basketball or badminton. The main level also boasts a bright sitting area with a well-appointed bar, a games area, and a magnificent sunroom. The open gourmet kitchen comes equipped with high-end built-in appliances, satisfying even the most discerning chefs. The primary bedroom retreat is a true oasis, complete with a cozy sitting area, a balcony, a walk-in closet with custom organizers, a soothing waterfall shower, and a rejuvenating Jacuzzi tub. Outside, a multi-level deck and terrace provide covered and open spaces for outdoor entertainment, all while offering panoramic views of the rolling Calgary hills. The private backyard is enveloped by lush landscaping and towering trees. With a 5-car insulated oversized garage and ample paved parking for guests, convenience is never compromised. Ideally situated, this home is just a short 5-minute drive from Bearspaw Golf Club and only 10 minutes away from Calgary's shopping, restaurants, schools, and more. Designed with the principles of Feng Shui, this estate fosters balance and harmony between you and the natural world that surrounds it. Don't miss the opportunity to make this stunning property your own. More detailsListed by Royal LePage Solutions- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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104 Grizzly Rise: Rural Rocky View County Detached for sale : MLS®# A2214464
104 Grizzly Rise Rural Rocky View County T4C 0B5
$2,500,000Residential- Status:
- Active
- MLS® Num:
- A2214464
- Bedrooms:
- 6
- Bathrooms:
- 5
- Floor Area:
- 3,162 sq. ft.
Luxury living in Bearspaw Country Estates – WALK OUT SOUTH FACING BUNGALOW! Set on a tranquil 4-acre lot this versatile bungalow offers over 5700sf of refined living space, combining timeless elegance with modern comfort. With 5 bedrooms, 4.5 bathrooms, and an oversized 4-car garage, this home is designed to impress from the moment you arrive. The house is sited high in the development offering expansive VIEWS to the north and is accessed by the private tree-lined paved driveway. The front facade is clad with high end and durable stone tile. Step into a dramatic 20ft wide foyer, where stunning black marble flooring sets the tone for the luxurious interiors. Open-concept main living area features vaulted ceilings and rich engineered hardwood floors throughout. Every facade has large well placed windows which opens up the home. The great room with vaulted ceilings and tons of light centers around a sleek gas fireplace, perfect for cozy evenings. Off the family room, the open kitchen concept is functional and versatile, complete with a massive island with black quartz, a gas cooktop and easy access to the sun-filled south-facing upper deck ideal for relaxing in the sunshine. The design carries both the black marble and black quartz finishes throughout the entire design. Walk-through pantry connects to a spacious laundry/mudroom equipped with a pet shower and access to the garage - roomy enough for four vehicles and is complete with epoxy floors. A raised dining area offers elegant space for both intimate dinners and festive gatherings, while a private den provides a quiet retreat or home office. The very roomy primary suite features an electric fireplace, a walk-in closet, and a luxurious 5-piece ensuite with a corner soaker tub, double vanity, and separate shower. Step out from the suite to the patio in the morning or evening for some quiet time. A second MF bedroom (SECOND PRIMARY) with a private ensuite and impressive views finishes the main floor. The WALK-OUT BASEMENT is large, comfortable and versatile offering a spacious family room with a fireplace, a games/recreation area with pool table, a HOME THEATRE, GYM, and temperature-controlled wine cellar. Two additional bedrooms, two full baths, and another office/den offer space and flexibility for family or guests. Step outside to your private backyard oasis, beautifully landscaped with rock walls, mature trees, a firepit area, covered patio, and a hot tub, a perfect addition for year-round enjoyment. Modern upgrades include two furnaces, two hot water tanks, boiler heating, and 18 solar panels installed in 2018) for improved energy efficiency, new interior paint throughout, and some new light fixtures. Plenty of outdoor parking, including room for an RV or boat and the lot has super flexibility with it’s 4 acres offering great potential for future changes. Ideally located with easy access to Calgary, Cochrane, and Airdrie, this stunning estate offers a rare blend of seclusion, sophistication, and convenience. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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17 Silverhorn Park: Rural Rocky View County Detached for sale : MLS®# A2190414
17 Silverhorn Park Rural Rocky View County T3R 1C9 OPEN HOUSE: Apr 26, 202502:00 PM - 05:00 PM MDTOpen House on Saturday, April 26, 2025 2:00PM - 5:00PM
$2,199,999Residential- Status:
- Active
- MLS® Num:
- A2190414
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,449 sq. ft.
OPEN HOUSE SATURDAY APRIL 26TH 2PM-5PM. This brand-new bungalow in the prestigious Silverhorn community offers over 4,500 square feet of luxury living on a stunning acreage. With five spacious bedrooms, including a main-level primary suite, guest bedroom and office that can easily function as another bedroom, this home is designed for both functionality and style. The open-concept floor plan features a stunning kitchen with floor-to-ceiling cabinetry, a large island, and high-end stainless-steel appliances, including a gas range with six burners and full-sized fridge and freezer. Entertain with ease in the expansive lower level, complete with a wet bar, theatre room, gym, and plenty of space for a games room and family room. The home’s large windows fill the space with natural light, offering beautiful South-facing views and seamless indoor-outdoor living with a covered deck and exposed aggregate patio. Enjoy the convenience of a triple-car heated garage, high ceilings, designer lighting, and exquisite finishes throughout, including a spa-like primary ensuite with a steam shower, soaker tub, and a massive walk-in closet. Located just under 30 minutes to downtown, this home is a rare move-in-ready gem in a sought-after location. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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9 Silverhorn Park: Rural Rocky View County Detached for sale : MLS®# A2213584
9 Silverhorn Park Rural Rocky View County T3R 1C9 OPEN HOUSE: Apr 26, 202502:00 PM - 05:00 PM MDTOpen House on Saturday, April 26, 2025 2:00PM - 5:00PM
$1,999,999Residential- Status:
- Active
- MLS® Num:
- A2213584
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,738 sq. ft.
OPEN HOUSE SATURDAY APRIL 26TH 2PM-5PM. Nestled in the prestigious Silverhorn Estates, this stunning 2024-built residence offers nearly 4,500 square feet of impeccably designed living space on a sprawling 1.73-acre lot. The open-concept main level is ideal for both everyday living and elegant entertaining, featuring rich coffered ceilings, a striking floor-to-ceiling tiled fireplace, and expansive South-facing windows that flood the home with natural light. The gourmet kitchen is a showstopper with floor-to-ceiling cabinetry, marbled quartz countertops, a stainless-steel gas range, massive double-door fridge/freezer, and a charming breakfast nook. Three main-level bedrooms include a luxurious primary suite with a spa-inspired ensuite and custom walk-in closet. Additional highlights include a formal dining space, main floor laundry, and bleached oak engineered hardwood throughout. A light-filled loft above the heated triple garage offers versatile space for an office, studio, or playroom. The fully finished lower level is an entertainer’s dream with a large rec area, theatre room, gym, and two more spacious bedrooms. Ideally located just 30 minutes from both downtown Calgary and the airport, and only 15 minutes to Crowfoot Centre and an abundance of retail shopping, this home offers the perfect balance of serene estate living with convenient city access. A true gem in the heart of Silverhorn. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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35 Bearspaw Ridge Crescent: Rural Rocky View County Detached for sale : MLS®# A2207565
35 Bearspaw Ridge Crescent Rural Rocky View County T3R 1A3
$1,999,900Residential- Status:
- Active
- MLS® Num:
- A2207565
- Bedrooms:
- 7
- Bathrooms:
- 6
- Floor Area:
- 5,789 sq. ft.
Winding up the private tree-lined driveway on this 2-acre Bearspaw estate, you'll discover a home unlike any other—an extraordinary 9-level split residence born from a vision of innovation and efficiency. Built in 1985, this 7,300 sq ft home surpassed federal R2000 standards with its revolutionary double-wall construction, creating 60% greater insulation and a virtually airtight vapour, with approximately 70 window panes strategically positioned to capture passive solar energy—so efficient the furnaces rarely activate during winter days. Step through the practical vestibule into a world where craftsmanship commands attention. The soaring living room, crowned with rich cedar ceilings, features a dramatic wall of windows that bathes the space in natural light. Throughout the home, 17 solid fir glulam beams provide remarkable structural integrity while solid oak finishes showcase the commitment to quality materials. The open-riser oak staircase connects the multiple levels, creating a sense of flow and architectural interest rarely found in today's homes. The primary suite occupies its own level, offering a peaceful retreat with an exceptionally large bedroom, substantial walk-in closet, and ensuite bathroom with jetted tub and separate shower. A unique feature is direct access to a vaulted loft area that overlooks the living room below—perfect for a private reading nook or home office with inspirational views. Thoughtfully designed children's bedrooms feature built-in desks and cabinetry, reflecting the home's emphasis on practical, customized spaces. In the walkout, a separate guest suite with its own kitchen provides independence for extended family or visitors, while the extensive workshop and hobby areas on the lower levels offer dedicated spaces for creativity and projects. With multiple flex rooms, the home adapts beautifully to changing family needs over time. The property boasts three separate garages totalling over 4,200 sq ft, creating a paradise for collectors or hobbyists. The main garage includes space that was used for classic car restoration, while the heated garage spaces provide room for six vehicles plus additional workshop areas. Though period-appropriate finishes reflect its 1985 origins, four decades of pristine "no shoes, no pets, no smoking" care have preserved this home in remarkable condition—the original kitchen cabinetry and finishes still gleam as if new. The extensive use of wood throughout creates a warm atmosphere that connects naturally with the surrounding landscape. Minutes from urban amenities yet wrapped in natural privacy, this rare offering awaits a discerning buyer who appreciates extraordinary homes with character and substance—where innovation, craftsmanship, and thoughtful design have stood the test of time. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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132 Bearspaw Meadows Way NW: Rural Rocky View County Detached for sale : MLS®# A2149021
132 Bearspaw Meadows Way NW Rural Rocky View County T3L 2M3
$1,895,000Residential- Status:
- Active
- MLS® Num:
- A2149021
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 3,376 sq. ft.
Welcome to this beautiful two-story Bearspaw home, offering over 3,300 sq ft of living space nestled on 2 acres with mature trees, manicured lawn and backing on to the Lynx Ridge Golf Course. As you walk through the beautiful custom front door, you are greeted by a stunning curved staircase crafted from African cherry wood. The Cumaru hardwood flooring flows seamlessly throughout the entire main floor and upper level, giving the home a rich and cozy feel. The kitchen features bright white modern cabinets, granite countertops, a Sub-Zero fridge, a Miele wall oven, an island with a gas range, and bar seating. Pour yourself a drink from the small built-in bar, and step down into the luxurious living room, picturing yourself after a long day relaxing by the double-sided gas fireplace, with intricate stonework and a raised hearth built from stacked quartz and marble. Beautiful views of the natural landscape surrounds you; abundant natural light floods in through the numerous living room windows. An inset hot tub with marble surround, seamlessly integrated into the main floor, oozes luxury. The wraparound floor plan of main level leads you to a cozy den behind the kitchen, perfect for a family room with a TV, and ultimately leads you to a separate formal dining room for all those family holiday meals. For your convenience, the main floor also features a laundry room and a versatile bedroom or office space with built-in shelving and cabinets. The incredible staircase leads to the 2nd storey. At the top of the stairs you’ll find a cozy seating area that leads to the upper balcony; a perfect nook for reading and taking in the view before lounging on the upper deck. The impressive primary suite features a 3-pc ensuite, double walk-in closets with a floor-to-ceiling mirror in between, and ample space for a seating area around the gas fireplace. Your own private, covered balcony offers serene views of the property. The upper level finishes off with 3 more bedrooms, a 4-pc bathroom with a jetted tub and quartz shower. Downstairs to the basement is a theatre room with surround sound system, and a dedicated toy room with built-in bench storage - a very versatile space. This level offers the 6th bedroom in the home with a walk-in closet. 3-pc bathroom with a steam shower and built-in bench; a private space perfect for guests. The opportunity exists to personalize this space as part of the basement level remains unfinished. The oversized, heated, attached 2-car garage offers plenty of parking, storage and has potential room for a lift. This property really shines with its huge deck, fire pit, outdoor hot tub, huge flat yard surrounded by mature trees that give it a park-like feel; perfect for families that love playing outdoors. The play house, swing set and in-ground trampoline are fantastic features for kids. If that isn’t enough, your very own tennis court with it’s own lighting really elevates the appeal of this outdoor space. This property is a must-see with so much to offer! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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25063 Briarwood Drive: Rural Rocky View County Detached for sale : MLS®# A2204035
25063 Briarwood Drive Rural Rocky View County T3R 1C2
$1,825,000Residential- Status:
- Active
- MLS® Num:
- A2204035
- Bedrooms:
- 6
- Bathrooms:
- 6
- Floor Area:
- 3,661 sq. ft.
Exceptional executive home nestled on 2 acres, 3 minutes from City Limits in the prestigious Bearspaw area, offering over 3600 square feet of meticulously designed living space on the main and upper floors. With another 2138 sq feet of developed basement space. This stunning residence features a walk-out basement and showcases an array of upgrades that elevate its appeal. As you approach the home, you’ll appreciate the convenience of a paved driveway leading directly to the front door. The property includes a triple attached garage, along with an additional double garage at the rear, providing ample space for vehicles and storage. Safety is paramount, and this property is equipped with a built-in fire suppression system in the additional space, designed by Troy, ensuring peace of mind for you and your guests. Inside, the main floor is designed for both comfort and functionality, featuring two primary bedrooms that offer luxurious retreats, along with a spacious den or office to accommodate your professional needs. A natural gas fireplace in the main living area adds an inviting warmth and coziness, creating a perfect ambiance for relaxation and gatherings. The heart of the home is undoubtedly the expansive kitchen, which is a chef's dream. It boasts a Viking professional refrigerator and a Brigade professional 6-burner gas stove, complemented by generous storage and ample preparation space, making it ideal for culinary enthusiasts. The home is meticulously maintained, with beautiful landscaping that enhances the outdoor aesthetic. The southwest-facing yard is a true oasis, complete with a massive deck perfect for entertaining or simply enjoying the serene surroundings. The walk-out basement not only adds to the living space but also includes a gym and two additional bedrooms, making it a versatile area for relaxation and recreation. Throughout the home, you’ll find large walk-in closets that provide abundant storage, ensuring that everything has its place. With a total of six bedrooms and 5.5 bathrooms, this property is designed for both family living and hosting guests. Additional features include two air conditioning units for optimal comfort during warmer months and a Generac generator for reliability during any potential power interruptions. The home operates on a septic system and is serviced by Rocky View County water. This exquisite property presents a unique opportunity to embrace luxury living in a tranquil setting, making it an ideal choice for discerning buyers seeking both elegance and functionality. The addition to home and full roof replaced in 2015! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated April 26, 2025 at 10:05 AM (UTC)
Featured Listing
132 Holmwood Avenue Northwest
$634,900
MLS®#: A2211754
Bedrooms: 4
Bathrooms: 2.0
Floor Area: 1,054 sq. ft.
CIR Realty