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
| $200,000 - $375,000 | $500,000 - $600,000 | $800,000 - $900,000 |
| $350,000 - $500,000 | $600,000 - $700,000 | $900,000 - |
| $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.
BUNGALOWS FOR SALE IN MCKENZIE LAKE CALGARY
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56 Mt Alberta Green SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2195152
56 Mt Alberta Green SE Calgary T2Z 3G8 
$1,450,000Residential- Status:
- Active
- MLS® Num:
- A2195152
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,925 sq. ft.
RARE OPPORTUNITY in MOUNTAIN PARK -LEGACY RIDGE. Welcome to an exceptional custom walkout bungalow by Jayman, ideally located on the ridge in the prestigious Legacy Ridge enclave of Mountain Park. Enjoy full access to McKenzie Lake & it’s exclusive amenities. This rare offering combines luxury, privacy & breathtaking natural surroundings-prefect for those seeking an elevated lifestyle just minutes from schools, golf, shopping, & outdoor recreation. UNPARALLED VIEWS & PRIME LOCATION: Enjoy unobstructed panoramic views of the Rocky Mountains, Fish Creek Park, Bow River Valley & downtown Calgary. This property is bordered by green space at both front and rear, enhancing it's tranquility & privacy. WALK-OUT BUNGALOW-4bd, 3 full bath rms, Two car attached garage. Developed Living Space 3250 sqft (additional 598 sqft Storage/Utility. Main Level 1924 Sqft . The main level welcomes you with a tiled foyer under a soaring 14ft coffered ceiling. An open concept design features beautiful #2 Maple hardwood floors throughout the kitchen, dining nook, and main living area. The spacious Great Room with a three sided gas fireplace is ideal for relaxing or entertaining. Ceilings are elevated to 11ft in the dining area & 9’ throughout the rest of the main floor, enhancing the homes airy expansive feel. The gourmet kitchen includes Hickory cabinets, granite countertops, a massive walk-in pantry, brand new Kitchen Aide fridge & dishwasher, plus a new Frigidaire gas range/oven & built-in microwave. Expansive primary suite with 5pce en-suite & walk in closet. Second large bedroom or den with walk-in closet. A 4 pce main floor bath, also a generous mud rm with built in storage. Lower Level Developed 1326 sqft. The bright ,walk-out lower level features 9ft ceilings, infloor heating, a large rec room wired for audio/video sound system .Two spacious bedrooms both with walk-in closets, a full 4 pce bath, large laundry rm with laundry chute & 598 sqft of additional utility storage space. Premium Features & Upgrades-Central air conditioning, Two 40 gallon water tanks New Water softener & filtration system, Power awnings for shade & privacy on lower patio, Full lawn sprinkler system. Alarm system, Attached Heated Garage. The garage double 24x21 includes high efficiency radiant heat, hot/cold water taps ,coated concrete floors & a 3/4 HP garage door opener. Immaculate Outdoor Living, This original-owner home has been meticulously maintained & thoughtfully upgraded. The beautifully landscaped southwest-facing backyard features a greenhouse, playhouse, & additional storage- offering the ideal balance of function and serenity. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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93 Mckenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2211608
93 Mckenzie Lake Point SE Calgary T2Z 1L7
$1,399,000Residential- Status:
- Active
- MLS® Num:
- A2211608
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,810 sq. ft.
Open House Thursday, April 17, 6:00 pm - 8:00 pm. Stunning 4-bedroom bungalow on one of South Calgary’s most desirable cul-de-sacs with direct lake access complete with your own private shared dock! This beautifully renovated 1800 square-foot bungalow includes many upgrades, including a new roof. It offers a fantastic opportunity to live just steps away from McKenzie Lake and is a short walking distance to both schools, the McKenzie Lake Beach Club and the McKenzie Lake Community Centre. Featuring an open-concept design, this spacious home boasts 9’ foot ceilings and a modern kitchen, including beautiful custom cabinets and granite countertops, perfect for family gatherings. The main floor includes two generous bedrooms, with one offering the flexibility to be used as a home office. The fully developed basement adds even more value with two additional bedrooms, a three-piece bath, a media room and a large rec room ideal for family fun. Enjoy year-round comfort with air conditioning, a heated triple garage and a rear composite deck offering a partial view of the lake and mature trees for privacy. Situated on one of McKenzie Lake’s premier cul-de-sacs, this home is perfect for families or couples seeking a peaceful lakeside lifestyle with plenty of space and modern amenities. Don’t miss your chance to live in this incredible location! More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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190 Mt Assiniboine Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2211992
190 Mt Assiniboine Circle SE Calgary T2Z 2N6
$820,000Residential- Status:
- Active
- MLS® Num:
- A2211992
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,531 sq. ft.
This is your chance to own one of the few bungalows in the highly sought-after lake community of McKenzie Lake! Just a short stroll to the fabulous lake facilities, this home offers the perfect blend of lifestyle, location, and layout. Step inside to an open-concept main floor with vaulted ceilings, bringing charm, elegance, and plenty of natural light. The spacious dining area sits conveniently off the bright and welcoming kitchen — ideal for both cooking and entertaining. The cozy and expansive living room is the perfect place to relax or host guests. The primary suite is generously sized, complete with a large walk-in closet and a bright 4-piece ensuite. A second main floor bedroom offers flexibility, whether used as a guest room or a sunny home office. A powder room and a mud/laundry room just off the double attached garage add to the functional layout. Downstairs, the fully finished basement features a large rec room, third bedroom, full bath, and a versatile craft/flex room — ideal for extended family or guests. You'll also discover a large storage room complete with work bench. Enjoy the south-facing backyard, perfect for soaking up the sun or entertaining. Located close to schools, playgrounds, and with quick access to Stoney Trail, this home offers it all. Don’t miss this incredible opportunity to live in one of Calgary’s most amenity-rich communities! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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14975 Mt Mckenzie Drive SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2206375
14975 Mt Mckenzie Drive SE Calgary T2Z 2M7
$749,900Residential- Status:
- Active
- MLS® Num:
- A2206375
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,380 sq. ft.
You will LOVE this BEAUTIFUL and IMMACULATE WALKOUT BUNGALOW with an (illegal) SUITE, located close to the LAKE, BEACH, parks, schools, the YMCA, and the HOSPITAL. As you enter, you'll immediately be impressed by the BRIGHT and OPEN layout, enhanced by a lovely SKYLIGHT that fills the space with natural light. The spacious kitchen features STAINLESS STEEL appliances, a large ISLAND, and an adjoining dining room. The cozy living room boasts a welcoming FIREPLACE — perfect for relaxing evenings. There are 2 bedrooms on the main floor, including a primary suite with a full ENSUITE. Convenient MAIN FLOOR LAUNDRY, CENTRAL VAC, and another full bathroom complete the level. The WALKOUT BASEMENT SUITE (illegal) features a BEAUTIFUL kitchen with STAINLESS STEEL appliances, a raised eating bar, and a nook overlooking the family room. You'll also find 2 additional bedrooms, another full bathroom, SEPARATE LAUNDRY, and plenty of STORAGE. The downstairs living room and main bedroom have been freshly painted, adding a crisp, updated feel. This space offers an excellent mortgage helper opportunity or room for extended family. Enjoy the LARGE, FENCED BACKYARD — fence painted in 2023 — complete with a DECK, GAS BBQ hookup, and a dog run, perfect for pet lovers and outdoor entertaining. The exterior of the home was painted in 2022, and a NEW WATER TANK was also installed in 2022, adding peace of mind and long-term value. The home also features a spacious DOUBLE ATTACHED GARAGE. Exceptional Value! Don’t miss out on this BEAUTIFUL HOME with LAKE ACCESS and so much more! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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