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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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

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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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Varsity

COCHRANE LAKE HOMES FOR SALE

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  • 204 Montclair Place: Cochrane Lake Detached for sale : MLS®# A2197589

    204 Montclair Place Cochrane Lake Cochrane Lake T4C 0A7
    Main Photo: 204 Montclair Place: Cochrane Lake Detached for sale : MLS®# A2197589

    204 Montclair Place Cochrane Lake T4C 0A7 Cochrane Lake

    $1,150,000
    Residential
    Status:
    Active
    MLS® Num:
    A2197589
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    3,723 sq. ft.
    Welcome to 204 Montclair Place in the picturesque community of Monterra at Cochrane Lake, just 6 km north of Cochrane. This stunning two-storey home offers 3,733 sq. ft. of thoughtfully designed living space, blending elegance with functionality. Step inside to an open-concept main floor filled with natural light. This spacious living area features build-in speakers and brand-new carpet, creating a cozy yet modern atmosphere. Adjacent is the dining area, showcasing high ceilings, abundant windows, and newly installed hardwood floors. The beautifully appointed kitchen boasts granite countertops, ample cabinetry, and recently updated appliances, making it a chef's dream. A well-equipped laundry room with extra storage, a main-floor office, and a heated triple garage complete this level. Upstairs, a bright loft with a skylight provides a perfect space for an additional office or reading nook. The primary suite is a retreat of its own, featuring a generous walk-in closet and a luxurious five-piece ensuite. Two additional spacious bedrooms and a large bonus room with access to a private balcony offer versatile living options for families or guests. The fully finished basement is designed for entertainment, complete with a bar, a pool table, an a spacious recreation area. Two more bedrooms and a three-piece bathroom provide additional living space, while a separate walk-up entrance enhances accessibility. Outside, enjoy expansive fenced yard and deck, perfect for outdoor gatherings and relaxation. This exceptional home offers a rare opportunity to experience serene lakeside living while being just minutes from Cochrane's amenities. Don't miss your chance to call it home! More details
    Listed by RE/MAX Real Estate (Central)
    LISTING DETAILS

  • 218 Montenaro Place: Cochrane Lake Detached for sale : MLS®# A2204554

    218 Montenaro Place Cochrane Lake Cochrane Lake T4C 0A7
    Main Photo: 218 Montenaro Place: Cochrane Lake Detached for sale : MLS®# A2204554

    218 Montenaro Place Cochrane Lake T4C 0A7 Cochrane Lake

    $1,629,000
    Residential
    Status:
    Active
    MLS® Num:
    A2204554
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,678 sq. ft.
    **** OPEN HOUSE MARCH 29, 12-3PM **** Nestled in the prestigious community of Monterra, this remarkable custom-built executive bungalow offers 5233 sq. ft. of thoughtfully designed living space with high-end finishes, exceptional craftsmanship, and an unbeatable location on a quiet cul-de-sac, backing onto a pond. Step into a home that exudes warmth and sophistication with solid mahogany interior doors, 6” baseboards, hickory hardwood, and marble tile flooring. The gourmet kitchen is a chef’s dream, featuring a Viking gas range, Legacy maple cabinets with soft-close drawers, granite countertops, and a large pantry. The spacious living room boasts a 12’ coffered ceiling, a stunning stone fireplace wall with built-in shelving, and expansive windows showcasing breathtaking views. The primary suite is a true retreat, offering private deck access, a massive walk-in closet, and a spa-like 5-piece ensuite complete with dual sinks, granite counters, an air jet tub, and a dual-head shower. With three bedrooms up (or two plus an office), a functional mudroom with built-in lockers, and a laundry room with granite counters and a sink, this level is both practical and luxurious. The fully finished basement features 9’ ceilings, a spectacular wet bar with a fridge and dishwasher, and an expansive rec area with space for games, a gym, and an extraordinary theater room (complete with all theater/audio equipment included). Two additional spacious bedrooms and a beautifully designed 4-piece bathroom with dual sinks and an oversized shower complete this level. Sitting on a massive pie-shaped 0.56-acre lot, this property is fully landscaped with irrigation, mature trees, and raised garden boxes. Relax in the hot tub, entertain around the exterior fire pit with stamped concrete, or unwind in the three-season lower sitting area with electric screens. The upper balcony offers sweeping views of the tranquil pond, making this the perfect setting for outdoor enjoyment. Some of the many features include an oversized 3-car garage (in-floor heat), a water filtration system, A/C, 60 windows that flood the home with natural light, custom stonework, cedar garage doors/soffits/trim, and so much more! Monterra is an exclusive estate community near Cochrane, renowned for its sprawling lots, breathtaking views, and serene atmosphere. With scenic ponds, winding walking trails, and year-round recreational opportunities, it seamlessly combines luxury living with the beauty of nature. This extraordinary property provides a truly unmatched lifestyle in one of the most sought-after communities. Book your private showing today! More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS
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Data was last updated April 22, 2025 at 04:05 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