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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75 Gray Way
Bearspaw_Calg Rural Rocky View County T3R 1K7

$5,500,000
Residential beds: 6 baths: 7.0 6,002 sq. ft. built: 2008

Main Photo: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Photo 1: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Photo 2: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Photo 3: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Photo 4: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Photo 5: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
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Photo 46: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Photo 47: 75 Gray Way: Rural Rocky View County Detached for sale : MLS®# A2179465
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2179465
Bedrooms:
6
Bathrooms:
7
Year Built:
2008
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.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Acreage with Residence, Bungalow
Total Living Area:
6,002.01 sq. ft.
Main Level Finished Area:
557.6 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
6,243.12 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Monthly
HOA Fee Includes:
Lot Area:
3.36 acre(s)
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:
East
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
11
Year built:
2008 (Age: 17)
Bedrooms:
6 (Above Grd: 6)
Bedrooms Above Grade:
6
Bedrooms Below Grade:
0
Bathrooms:
7.0 (Full:6, Half:1)
Plan:
0212085
Heating:
High Efficiency, Forced Air
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Concrete
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
5
Fireplace Details:
Gas
Water Supply:
Cistern
Sewer:
Other
Garage:
1
Garage Spaces:
8
Parking:
Double Garage Attached, Parking Pad, RV Access/Parking, Triple Garage Attached
Parking Places:
8
Parking Total/Covered:
8 / -
Laundry Features:
Laundry Room
HOA Fee:
$275.00
Bearspaw_Calg
Recreation Room
Built-In Gas Range, Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Humidifier, Microwave, Range Hood, Refrigerator, Warming Drawer, Washer, Window Coverings, Wine Refrigerator
N/A
Architectural Guidelines
Floor
Type
Size
Other
Main Floor
Kitchen
29' × 13'11"
Main Floor
Dining Room
17' × 15'
Main Floor
Family Room
21' × 18'3"
Main Floor
Office
14'6" × 13'2"
Main Floor
Media Room
8'8" × 4'7"
Main Floor
Bedroom - Primary
24' × 18'4"
Main Floor
Bedroom
18'2" × 14'6"
Main Floor
Bedroom
19' × 11'4"
Main Floor
Bedroom
18'5" × 18'2"
Main Floor
Bedroom
18'8" × 12'1"
Main Floor
Bedroom
21'2" × 12'9"
Lower Level
Exercise Room
80' × 40'2"
Lower Level
Living Room
27'1" × 16'6"
Lower Level
Other
18'10" × 17'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
5'1" x 14'
Main Floor
Yes
3
6'1" x 8'10"
Main Floor
No
4
6'9" x 11'
Main Floor
No
3
Main Floor
Yes
6
16' x 18'
Lower Level
No
2
5'1" x 9'6"
Lower Level
Yes
3
10' x 6'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
Bar, Bookcases, Built-in Features, Chandelier, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recreation Facilities, Storage, Walk-In Closet(s)
Exterior Features:
Garden, Lighting, Private Yard
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Backs on to Park/Green Space, Cul-De-Sac, Landscaped, Private
Num. of Parcels:
0
Fencing:
None
Nearest Town:
Calgary
Region:
Rocky View County
Zone:
CAL Zone Bearspaw
Zoning:
R-1
Listed Date:
Nov 15, 2024
Days on Mkt:
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Listed by Royal LePage Solutions
Data was last updated April 25, 2025 at 05:30 AM (UTC)
Area Statistics
Listings on market:
156
Avg list price:
$1,699,450
Min list price:
$499,900
Max list price:
$14,300,000
Avg days on market:
47
Min days on market:
1
Max days on market:
1,430
Avg price per sq.ft.:
$654.35
These statistics are generated based on the current listing's property type and located in Rural Rocky View County. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706