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.

SPRINGBANK LOTS FOR SALE

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  • Twp Rd 245 and RR 32: Rural Rocky View County Commercial Land for sale : MLS®# A2119407

    Twp Rd 245 and RR 32 Rural Rocky View County Rural Rocky View County T3Z 2E4
    Main Photo: Twp Rd 245 and RR 32: Rural Rocky View County Commercial Land for sale : MLS®# A2119407
    $11,495,000
    Land
    Status:
    Active
    MLS® Num:
    A2119407
    Exceptional 121.37 acre development site with unobstructed mountain views, gently sloping from northeast to southwest with many potential land use options including commercial, institutional, residential and seniors facilities, strategically located one and a half miles west of the City of Calgary on the south side of the Trans-Canada Highway adjacent to Commercial Court and across the highway from Bingham Crossing and the proposed COSTCO, potable water available, sanitary wastewater service has recently become available, shallow utilities are available from local service providers, 20.68 acres with buildings in the NE corner of the quarter available at a price to be negotiated. More details
    Listed by Houston Realty.ca
  • 71 Emerald Bay Drive: Rural Rocky View County Residential Land for sale : MLS®# A2190011

    71 Emerald Bay Drive Rural Rocky View County Rural Rocky View County T3Z 1E3
    Main Photo: 71 Emerald Bay Drive: Rural Rocky View County Residential Land for sale : MLS®# A2190011
    $1,249,999
    Land
    Status:
    Active
    MLS® Num:
    A2190011
    Here’s your chance to own over TWO ACRES in the highly sought-after Emerald Bay area, with exclusive boat access to the reservoir. This is one of the last remaining VACANT LOTS in the region, offering an incredible opportunity to build your DREAM HOME with breathtaking views that are truly one of a kind. With a private boat launch at your fingertips, this lot stands out as one of the most unique in all of Alberta. It’s ready for development, with water and sewage co-op connections already in place, plus all the essential utilities available. The sweeping views of the river and valley create a sense of privacy and seclusion, yet you’re only 20-30 minutes from downtown. Whether you're teeing off at Springbank Links Golf Course, enjoying a day on the water with family and friends, or grabbing a bite downtown, this location offers the perfect balance of convenience and lifestyle. Imagine summers filled with wake surfing and water skiing after work, ice fishing in the winter, or simply unwinding in this peaceful and beautiful community. Come take a look at this incredible spot and picture the endless possibilities waiting for you! More details
    Listed by eXp Realty
  • 118 Windhorse Court: Rural Rocky View County Residential Land for sale : MLS®# A2191332

    118 Windhorse Court Rural Rocky View County Rural Rocky View County T3Z 0B4
    Main Photo: 118 Windhorse Court: Rural Rocky View County Residential Land for sale : MLS®# A2191332
    $749,900
    Land
    Status:
    Active
    MLS® Num:
    A2191332
    This 2 acre lot is located in the prestigious Windhorse Estates. Surrounded by multi-million dollar properties this is an excellent building location for your new estate. Quick access to Stoney Trail and into the city or go West for quick access to Bragg Creek, Canmore and Banff. More details
    Listed by Coldwell Banker United
  • 11.29 Acres Huggard Road: Rural Rocky View County Residential Land for sale : MLS®# A2214515

    11.29 Acres Huggard Road Rural Rocky View County Rural Rocky View County T3Z 2C2
    Main Photo: 11.29 Acres Huggard Road: Rural Rocky View County Residential Land for sale : MLS®# A2214515
    $2,200,000
    Land
    Status:
    Active
    MLS® Num:
    A2214515
    11.29-acre Dream location with unparalleled mountain views in desirable Springbank. The neighbouring estate home on 4.72 acres is also available MLS# A2217191. Potential exists for further subdivision or just build your dream home and enjoy the country feeling with easy and great access to the city, airport, Banff, K country and so on…., no time limit to build. Within 5 kilometers or less you will have access to, Calaway Park, Edge School, Springbank Park for All Seasons, Elbow Valley Elementary School, Springbank Middle School & Springbank Community High School. This parcel has access from Huggard road east of Range Road 33. This is probably the last remaining smaller parcel of land available in South Springbank so don’t delay, view and offer today. New Springbank ASP Infill Residential Land Use Strategy allows for ~ 2acre lots. Existing commercial water well on the south end of the property. Full due diligence and information package available, including approved survey, groundwater reports, sewage treatment assessments and more. More details
    Listed by Real Broker
  • 57 Uplands Ridge SW: Rural Rocky View County Residential Land for sale : MLS®# A2229372

    57 Uplands Ridge SW Rural Rocky View County Rural Rocky View County T3Z 3N5
    Main Photo: 57 Uplands Ridge SW: Rural Rocky View County Residential Land for sale : MLS®# A2229372
    $1,999,999
    Land
    Status:
    Active
    MLS® Num:
    A2229372
    Here’s your chance to own nearly 2 acres in The Uplands, one of Springbank’s most prestigious communities, where luxury meets breathtaking natural beauty. This exceptional lot offers unobstructed, panoramic Rocky Mountain views, arguably among the best in all of Calgary. Perfectly graded for a walkout basement, your future home will capture these stunning views from every level, ensuring a daily backdrop of nature’s grandeur. Nestled in an exclusive enclave, this location provides the ideal balance of tranquility and convenience, with easy access to Calgary’s top private schools, an abundance of nearby amenities, and a quick 20-minute commute to downtown. Plus, with seamless connections to Canmore, Banff, and the Rocky Mountains, weekend getaways are effortless. Part of a water co-op and with essential services readily available, this lot is primed for development. Imagine waking up to breathtaking mountain vistas, designing a home that maximizes the stunning natural surroundings, and experiencing the best of luxury rural living with the city just minutes away. Opportunities like this are rare—secure one of Springbank’s last remaining premier development lots today and bring your forever home to fruition. More details
    Listed by eXp Realty
  • NW Corner of Range Road 33 and Huggard Road: Rural Rocky View County Commercial Land for sale : MLS®# A2231448

    NW Corner of Range Road 33 and Huggard Road Rural Rocky View County Rural Rocky View County T3Z 2E8
    Main Photo: NW Corner of Range Road 33 and Huggard Road: Rural Rocky View County Commercial Land for sale : MLS®# A2231448
    $7,250,000
    Land
    Status:
    Active
    MLS® Num:
    A2231448
    Potential for future Country Residential development land with some waterfront lots. Quick access to Trans Canada Highway and schools with mountain views. Allocation of potable and consumable water license for 6 acre feet secured and included in the purchase price. More details
    Listed by Century 21 Bamber Realty LTD.
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Data was last updated July 13, 2025 at 04:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA