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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

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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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Mahogany Homes for sale under $500,000 In Calgary, Alberta|North Haven Upper
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  • 119 Nottingham Road NW in Calgary: North Haven Upper Detached for sale : MLS®# A2202599

    119 Nottingham Road NW North Haven Upper Calgary T2K 5R2
    Main Photo: 119 Nottingham Road NW in Calgary: North Haven Upper Detached for sale : MLS®# A2202599

    119 Nottingham Road NW Calgary T2K 5R2 North Haven Upper

    $809,500
    Residential
    Status:
    Active
    MLS® Num:
    A2202599
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,190 sq. ft.
    Open House Cancelled: Offer Accepted Awaiting Deposit Welcome to 119 Nottingham Road NW – A Home With Heart and Harmony This beautifully maintained home is perfect for anyone who works from home, loves to entertain, or—like the current owners—enjoys blending community and creativity. Since 2012, this has been the proud home of Gallery House Concerts, a beloved series hosted right here. The owners have lived here since 1995 and have lovingly cared for and upgraded the home throughout the years. There are too many improvements to list here, but you’ll find a detailed spreadsheet in the documents section outlining the upgrades and maintenance completed over time. You’ll also find a heartfelt letter from the sellers—a wonderful insight into the love and care they’ve poured into this home. The main level Primary bedroom features a spacious walk-in closet, a 3-piece ensuite, and garden doors leading to a charming widow’s walk across the back of the house. The main floor office could easily be converted back into a bedroom, if desired, while the Gallery/multi-function room offers flexible space for a studio, office, or creative lounge. This room also features garden doors to a Juliet balcony, as does the dining room, which opens onto the back deck. With three sets of garden doors and windows on three sides, the home is flooded with natural light and invites refreshing cross-breezes—creating a bright and welcoming atmosphere all day long. Additional features include: 6 photovoltaic (solar) panels, installed in 2012 through ENMAX (now fully paid off and transferred to the homeowner). A two-level, covered back deck accessible from both the dining room and Primary bedroom. A fenced, southwest-facing backyard with a rolling gate that secures the RV pad. Direct access via a pedestrian tunnel under 14th Street NW to the trails and pathways of Nose Hill Park—one of Calgary’s natural treasures. You’ll also love the home’s proximity to schools, parks, shopping, restaurants, and quick access to downtown or routes out of the city. All the work has been done—just move in and enjoy this special home full of warmth, light, and creative spirit. More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS
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Data was last updated April 21, 2025 at 10:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson
Cell: 403-397-3706