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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72 Riverglen Way SE
Riverbend Calgary T2C 3J1

$614,900
Residential beds: 3 baths: 2.0 1,685 sq. ft. built: 1987

Main Photo: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 1: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 2: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 3: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 4: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 5: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 6: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 7: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 8: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 9: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 10: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
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Photo 12: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 13: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
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Photo 22: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 23: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 24: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 25: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 26: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
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Photo 29: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
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Photo 31: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 32: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 33: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 34: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 35: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Photo 36: 72 Riverglen Way SE in Calgary: Riverbend Detached for sale : MLS®# A2208534
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2208534
Bedrooms:
3
Bathrooms:
2
Year Built:
1987
Get it while it's HOT! This home requires a little TLC and is priced to inspire! A perfect 4-level split design with a classic layout. All new siding, rook, gutters, freshly painted inside with all new carpets + fixtures. The main floor has a sunken family room and dining area, the kitchen adjoins access to the backyard and a lower-level living room. Developed downstairs, this home offers almost 1700 sq ft of development above grade. With 2 full bathrooms and a main floor half bathroom. Plenty of storage throughout, and an attached 2-car garage. Riverglen provides easy inner-city access, quick to the downtown and all city quadrants!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
4 Level Split
Total Living Area:
1,685.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,305 sq. ft.
Lot Frontage:
40'
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:
Northwest
Reg. Size:
Reg. Size Includes:
Levels:
4 Level Split
Total Rooms Above Grade:
3
Year built:
1987 (Age: 38)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8711258
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
House
Roof:
Shingle
Ensuite:
Yes
Flooring:
Carpet
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Riverbend
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
N/A
Airspace Restriction
Floor
Type
Size
Other
2nd Floor
Bedroom - Primary
15'3" × 14'6"
2nd Floor
Bedroom
13'5" × 8'3"
3rd Floor
Bedroom
10'11" × 8'3"
Floor
Ensuite
Pieces
Other
2nd Floor
Yes
3
5'11" x 7'11"
2nd Floor
No
4
4'11" x 7'11"
Title to Land:
Fee Simple
Community Features:
Schools Nearby
Interior Features:
Bar, Ceiling Fan(s), Storage
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
RC-G
Listed Date:
Apr 09, 2025
Days on Mkt:
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Listed by Real Broker
Data was last updated April 16, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$599,950
Min list price:
$424,900
Max list price:
$739,900
Avg days on market:
8
Min days on market:
1
Max days on market:
22
Avg price per sq.ft.:
$411.68
These statistics are generated based on the current listing's property type and located in Riverbend. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706