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.

OKOTOKS HOMES FOR SALE PRICED FROM $900,000 to $1,000,000

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  • 18 Ranchers Bay: Okotoks Detached for sale : MLS®# A2175659

    18 Ranchers Bay Okotoks Okotoks T1S 0G8
    Main Photo: 18 Ranchers Bay: Okotoks Detached for sale : MLS®# A2175659
    $989,900
    Residential
    Status:
    Active
    MLS® Num:
    A2175659
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,677 sq. ft.
    Welcome home to 18 Ranchers Bay! This beautiful, brand new 4-bedroom, 4-bath home blends timeless finishes with modern upgrades, located in the sought-after Air Ranch neighbourhood. As you step inside, you’ll be welcomed by gleaming hardwood floors, bright sun-filled open concept kitchen space, and an inviting living room with a cozy fireplace—perfect for quiet evenings or lively gatherings. The spacious kitchen features stainless steel appliances, quartz countertops, and a large island, opening up to a sunlit dining area with views of the backyard deck. The main floor also boats a large, private home office space which welcomes the morning sun in the large windows. Upstairs, the primary suite offers a peaceful retreat with a walk-in closet and an en-suite bath boasting a glassed in shower and double vanity. Three additional bedrooms, and a flex space provide flexibility for a large family and guests. Outdoors, enjoy a deck which overlooks the yard, open for your landscaping imagination. You’ll also fancy a large, triple car garage with extra storage possibilities. The spacious lower level features soaring ceilings, with a separate entrance, well suited for a potential legal suite, pending town approval. Situated steps from parks, schools, daycares, and a developing commercial plaza, this home is ideal for those seeking a tranquil family space with the nearby conveniences. Don’t miss the chance to own this Air Ranch gem—schedule your tour today! More details
    Listed by eXp Realty
  • 14 Ranchers Meadows: Okotoks Detached for sale : MLS®# A2210560

    14 Ranchers Meadows Okotoks Okotoks T1S 0P5
    Main Photo: 14 Ranchers Meadows: Okotoks Detached for sale : MLS®# A2210560
    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2210560
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,677 sq. ft.
    Welcome to your perfect family retreat! This beautifully designed 4-bedroom, 4-bathroom detached home offers the ideal blend of modern comfort and timeless charm. Nestled in the sought-after Air Ranch community, this property has so much to offer. The main floor boasts an open concept kitchen with stainless steel appliances, quartz countertops, a large island, walk-through pantry, and ample cabinet space. The expansive living and dining areas flow seamlessly, perfect for entertaining or relaxing with family. This area is complimented with spacious office, a beautiful mudroom, and modern bathroom The second floor takes you to four generously sized bedrooms and a large flex space, each filled with natural light, including a luxurious primary suite with an ensuite spa-like bathroom and walk-in closet. Three updated bathrooms, featuring sleek fixtures and premium finishes, ensuring comfort and convenience for everyone. Located close to schools, and recreational amenities, this home offers both convenience and tranquility. Don’t miss the opportunity to make this exceptional property yours! More details
    Listed by eXp Realty
  • 402 Crystal Green Manor: Okotoks Detached for sale : MLS®# A2204160

    402 Crystal Green Manor Okotoks Okotoks T1S 0A3
    OPEN HOUSE: Apr 26, 2025
    12:00 PM - 02:00 PM MDT
    Open House on Saturday, April 26, 2025 12:00PM - 2:00PM
    Main Photo: 402 Crystal Green Manor: Okotoks Detached for sale : MLS®# A2204160
    $949,000
    Residential
    Status:
    Active
    MLS® Num:
    A2204160
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,466 sq. ft.
    **Open House Sat 12-2** STUNNING GOLF COURSE PROPERTY with approx. $200K renovation showcasing impeccable finishing and gorgeous updates throughout! THE VIEWS alone make this property a standout … fronting onto rolling landscape & pond, backing onto lush vegetation of the golf course, with superb mountain views from two floors. BUT THEN THERE IS THE HOME . . . one step inside and you will fall in love with everything this home has to offer from its warm ambiance and timeless charm to its simple elegance and refined quality. If you are after VIEWS, QUALITY and DESIGNER STYLE, then THIS IS THE ONE!!! MAIN FLOOR features spacious entry, large study with built-in wall unit, gorgeous kitchen with tall cabinets and oversized island, newer stainless steel appliances, bright living room with fire place and built in cabinetry, and dining room area with windows overlooking golf course. Back hall features built-ins and walk-through pantry, and a beautifully updated half bath. UPPER FLOOR features primary bedroom with views of golf course and spacious ensuite bathroom, two additional bedrooms, full bathroom and large bonus room with mountain views. BASEMENT features fourth bedroom and full bathroom, large recreational room, and spacious workshop area (that could potentially be converted into fifth bedroom with the addition of a window). BACK YARD is beautifully done with large deck and mature vegetation. Simply put, if you are after views, well laid out spaces, quality and designer style, then THIS IS IT! RECENT UPDATES include – new paint throughout (2024), new carpet throughout (2018), updated pantry & kitchen cupboards & backsplash (2021), new trim & crown moulding (2023), updated half bath vanity, lighting, faucet & wallpaper (2019), new study built-ins, trim & wallpaper (2023), new blinds & window coverings (2018), main bath (2019), laundry room (2019), upgraded roof insulation (2019), finished basement (2020), new tankless gas water heater (2019), landscaping (2022), new double-thick insulated garage door (2024). More details
    Listed by CIR Realty
  • 20 Crystal Shores Bay: Okotoks Detached for sale : MLS®# A2203787

    20 Crystal Shores Bay Okotoks Okotoks T1S 1X8
    OPEN HOUSE: Apr 26, 2025
    03:00 PM - 05:00 PM MDT
    Open House on Saturday, April 26, 2025 3:00PM - 5:00PM
    Main Photo: 20 Crystal Shores Bay: Okotoks Detached for sale : MLS®# A2203787
    $939,000
    Residential
    Status:
    Active
    MLS® Num:
    A2203787
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,321 sq. ft.
    **Open House Sat 3-5** WOW!!! If you've been searching for a BEAUTIFULLY UPDATED 4BDRM HOME with walk-out basement and TRIPLE GARAGE on a HUGE NEARLY 7000SQFT PIE LOT with MOUNTAIN VIEWS & LAKE ACCESS, and want to be in THE BEST CUL-DE-SAC in Crystal Shores, then this is THE ONE!!! One step inside and you will fall in love with this home's ambiance, natural lighting, and elegant updates throughout. MAIN FLOOR features huge kitchen with maple cabinets and brand new quartz countertop & backsplash, large island and newer stainless steel appliances. Living room is spacious and features fire place with built-in cabinetry. Dining area overlooks back yard and offers direct access to over-sized balcony. UPPER FLOOR features bonus room with balcony overlooking the lake, primary bedroom with updated ensuite bathroom and walk-in closet as well as reading nook. Two additional spacious bedrooms and full bathroom complete this level. WALKOUT BASEMENT is bright with natural sunlight throughout the day, and is laid out beautifully with recreation room, wet-bar, fourth bedroom and full bathroom, storage room, and rear entryway with closet. BACK YARD is absolutely stunning and offers a private oasis filled with mature vegetation, fruit trees, gardens, shed and underground irrigation system. TRIPLE GARAGE is insulated, drywalled and heated (gas), and is perfectly laid out to accommodate three vehicles PLUS all your toys! Did we mention A/C, hardwood floors, new carpet, new countertops & backsplash, upgraded deck, new paint throughout & more? RECENT UPDATES $90K+ spent - Basement (2021), all countertops and backsplashes (2025), carpet on stairs (2025), new paint (2024), eavestroughs (2020), kitchen & laundry appliances (2022-2023), furnace (2018), roof (2012). More details
    Listed by CIR Realty
  • 55 Ranchers Crescent: Okotoks Detached for sale : MLS®# A2196771

    55 Ranchers Crescent Okotoks Okotoks T1S 0K5
    Main Photo: 55 Ranchers Crescent: Okotoks Detached for sale : MLS®# A2196771
    $924,900
    Residential
    Status:
    Active
    MLS® Num:
    A2196771
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,146 sq. ft.
    This MOUNTAIN VIEW property backs onto a pond and walking green. 4 BEDROOMS, 3 1/2 bathrooms make this a family ready home. Newly extended Maple HARDWOOD FLOORS on the main level. Maple full height cabinets with GRANITE counters, and newly upgraded marble back splash with a large central island make this a cook's kitchen. Large PRIMARY suite upstairs includes a big soaker tub, separate shower and a GENEROUS walk-in closet. The MEDIA ROOM boasts built in surround sound. Two further BEDROOMS up share a FULL bath. The FULLY PERMITTED finished basement boasts 9 foot ceilings, IN FLOOR HEAT, bedroom and bath. The separate rear entrance makes this walk out convenient to the generous rear yard. HARDIE BOARD CEMENT siding, IN-FLOOR heat in the triple garage, central air, built-in vacuum, water softener , gas line to barbeque, LAWN SPRINKLERS and so many other extras in this former show home. BOOK A LOOK TODAY - it won't last long! More details
    Listed by eXp Realty
  • 182 Woodbend Way SE: Okotoks Detached for sale : MLS®# A2203194

    182 Woodbend Way SE Okotoks Okotoks T1S 1L8
    Main Photo: 182 Woodbend Way SE: Okotoks Detached for sale : MLS®# A2203194
    $914,900
    Residential
    Status:
    Active
    MLS® Num:
    A2203194
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,329 sq. ft.
    Stunning 5-Bedroom Home Backing onto Sheep River – Over $85k in Upgrades! Open House 11AM-1PM Sunday April 6 Nestled in an unbeatable location, this beautifully upgraded 5-bedroom family home backs onto the picturesque Sheep River in Okotoks, offering breathtaking views and a serene setting. With over $85,000 in upgrades, including brand-new Hardie board siding and windows, this home is move-in ready and built to last. Inside, you'll find elegant spiral staircases leading to both the upper level and basement, rich hardwood floors, and an inviting open-concept kitchen and family room complete with a cozy wood-burning fireplace. The formal dining room provides the perfect space for entertaining. The primary bedroom is a private retreat, featuring a 3-piece ensuite and a balcony overlooking the river—an ideal spot to unwind. The fully finished basement is designed for relaxation, offering a wet bar, a spacious family room with a gas fireplace, and an additional bedroom—perfect for guests or a home office. For outdoor enthusiasts, this property includes RV parking, ensuring you have space for all your adventure gear. This remarkable home combines luxury, functionality, and an unbeatable natural setting—all just minutes from schools, shopping, and amenities. Don’t miss your chance to own this riverside retreat—schedule your viewing today! Open House 11AM-1PM Sunday April 6 More details
    Listed by Century 21 Foothills Real Estate
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Data was last updated April 25, 2025 at 08:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706