Aspen Woods Homes for Sale Under $500,000 | Affordable Homes 
Looking for Aspen Woods homes for sale under $500,000? This prestigious Calgary community offers a selection of townhomes, condos, and budget-friendly single-family homes that provide the perfect mix of luxury and affordability.
Explore affordable homes in Aspen Woods Calgary, including stylish townhouses, modern condos, and well-maintained properties in family-friendly neighborhoods. Whether you’re a first-time homebuyer or an investor, Aspen Woods provides excellent real estate opportunities.
Discover Aspen Woods Calgary homes for sale under $500,000 featuring open-concept layouts, upgraded kitchens, and convenient access to top schools, parks, and shopping centers. These homes offer an ideal balance of comfort and value in one of Calgary’s most sought-after communities.
Browse the latest Aspen Woods Calgary real estate listings under $500,000 and secure your dream home today. With a variety of options available, now is the perfect time to invest in this vibrant and growing neighborhood.
Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
EXPLORE ASPEN WOODS REAL ESTATE: HOMES, CONDOS & LUXURY LISTINGS
SOUTHWEST CALGARY HOMES FOR SALE
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MAHOGANY HOMES FOR SALE PRICED FROM $900,000-$1,000,000 CALGARY
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161 Mahogany Square SE in Calgary: Mahogany Detached for sale : MLS®# A2294096
161 Mahogany Square SE Calgary T3M 0T1 
$929,000Residential- Status:
- Active
- MLS® Num:
- A2294096
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,166 sq. ft.
Location? Unbeatable. Custom Upgrades? Endless. This impressive home offers over 3,100 sq.ft. of fully finished living space in one of the most desirable areas of Mahogany. Just minutes from Mahogany West Beach, this property combines convenience, lifestyle, and quality craftsmanship throughout. Positioned on a quiet street directly across from a large green space and park, the home also provides incredibly easy access in and out of the community. Step inside and you’ll quickly see this is far from a typical home. Built with numerous custom features, the main floor showcases beautiful wainscotting, crown moulding, built-in shelving, and wide plank engineered flooring. The inviting living room with a gas fireplace flows into a spacious dining area perfect for entertaining. The dining space is highlighted by a skylight overhead that fills the room with an abundance of natural sunlight, creating a bright and welcoming atmosphere throughout the day. French doors off the dining room lead to the low-maintenance backyard, creating a seamless indoor-outdoor living space. The kitchen is designed to impress with a massive island offering additional seating, quartz countertops, stainless steel appliances, a smart fridge, corner pantry, and abundant cabinet and counter space. A charming beverage station complete with a wine fridge adds the perfect touch for morning coffee or evening drinks. Upstairs, the bright and open layout features a large primary retreat with a walk-in closet and a luxurious 5-piece ensuite with double vanities, glass shower, and relaxing soaker tub. Two additional spacious bedrooms—one with its own private balcony—plus a full bathroom and versatile flex space provide ideal room for a home office, kids’ play area, or additional lounge space. The fully finished basement continues to impress with 9-foot ceilings, a generous fourth bedroom with built-in wardrobes, and a beautifully finished 3-piece bathroom featuring heated floors, under-cabinet lighting, and a large glass shower. The cozy TV area with a second fireplace creates the perfect space for movie nights. The oversized heated garage with epoxy flooring is fully finished—perfect for storage, hobbies, or the ultimate man cave. Outside, the private backyard features mature trees along with upper and lower decks offering multiple seating areas to relax and entertain. With the lake, parks, and walking paths just steps away, this exceptional home offers the very best of lake community living in Mahogany. Your dream home awaits—schedule your private showing now! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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490 Mahogany Manor SE in Calgary: Mahogany Detached for sale : MLS®# A2299338
490 Mahogany Manor SE Calgary T3M 1V7
$939,000Residential- Status:
- Active
- MLS® Num:
- A2299338
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,508 sq. ft.
Welcome to 490 Mahogany Manor SE, an elegantly designed residence ideally situated just moments from both schools in the established community of Mahogany Waters. Residents enjoy private access to a shared dock and picnic area, offering a refined balance of comfort, lifestyle, and everyday practicality. The bright and inviting main floor features a thoughtfully planned open-concept layout that seamlessly connects the kitchen, dining, and living spaces. The spacious living room creates a warm and sophisticated setting for both relaxing and entertaining, while large windows fill the home with abundant natural light. The contemporary kitchen is beautifully appointed with extensive cabinetry, generous counter space, and a central island that enhances both meal preparation and hosting. The adjacent dining area provides ample room for family gatherings and intimate dinners. This level also includes a versatile den that functions perfectly as a home office or study, a stylish two-piece powder room, and a well-designed mudroom with direct access to the attached garage, ensuring daily routines remain organized and efficient. From the main living area, step onto the bi-level deck, an ideal setting for summer barbecues or quiet outdoor relaxation. Upstairs, the carefully designed upper level offers spacious bedrooms and comfortable living areas for the entire family. The primary suite serves as a peaceful retreat, easily accommodating a king-size bed and additional furnishings, and is complemented by a walk-in closet and an elegantly finished ensuite. The additional bedrooms provide flexibility for children, guests, or a dedicated workspace, while a full bathroom and convenient upper-level laundry enhance everyday functionality. The fully finished basement further expands the living space and provides exceptional versatility for modern family living. This level features a generous recreation area well suited for a media room, games area, or additional family lounge. Whether used for entertaining, relaxing, or creating a dedicated fitness or hobby space, the lower level adds valuable square footage while maintaining practical storage options. Located in the heart of Mahogany, one of Calgary’s most desirable lake communities, this home offers an exceptional lifestyle. Residents enjoy access to Mahogany Lake, a stunning 63-acre freshwater lake featuring private beaches and year-round recreation including swimming, paddleboarding, skating, and more. The surrounding community offers an extensive network of parks, pathways, and natural wetlands, creating beautiful settings for walking, jogging, or cycling. Mahogany also includes over 265 acres of open space, 22 kilometres of pathways, a private Beach Club, playgrounds, sports courts, and vibrant retail areas with shops, restaurants, and everyday conveniences. With schools, parks, shopping, and South Health Campus nearby, this property offers not just a home, but a refined four-season lake community lifestyle. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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212 Magnolia Heath SE in Calgary: Mahogany Detached for sale : MLS®# A2294118
212 Magnolia Heath SE Calgary T3M 2Z9
$939,900Residential- Status:
- Active
- MLS® Num:
- A2294118
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 2,639 sq. ft.
Lake living in Mahogany ~ Located in Calgary’s sought-after lake community of Mahogany, this well-maintained four-bedroom, three-bathroom home offers a practical layout, quality upgrades, and a desirable corner lot location across from green space. CORNER LOT LOCATION ACROSS FROM GREEN SPACE provides added privacy and open views in a quiet, family-friendly setting. The main floor is designed for both flexibility and function, featuring a rare bedroom with direct access to a full cheater ensuite via a pocket door—MAIN FLOOR BEDROOM WITH FULL BATH is ideal for guests, multigenerational living, or a private office. The open-concept layout provides clear sightlines between the living and dining areas, while the kitchen is well-equipped with white cabinetry, granite countertops, a gas cooktop, built-in oven and microwave, hood fan, dishwasher, and a granite sink, complemented by a large central island and walk-in corner pantry for ample prep space and storage. Upstairs includes three generously sized bedrooms, including a primary suite with private ensuite, along with bathrooms finished with quartz countertops, custom built-in closet organizers in all bedrooms, and a convenient upper-level laundry area with washer and dryer; select window coverings, including remote-controlled options, are already installed. SEPARATE SIDE ENTRANCE WITH FUTURE BASEMENT POTENTIAL is supported by a completed stairwell and 9-foot basement ceilings, offering excellent opportunity for future development. Additional upgrades include TWO FURNACES, TANKLESS WATER HEATER, AND SOLAR PANELS, improving efficiency and long-term operating costs, along with a basement freezer and an attached garage roughed-in for a gas heater. Outdoor features include a balcony and a spacious backyard with rear lane access, providing additional flexibility. WALKING DISTANCE TO LAKE, BEACH CLUB, SCHOOLS, AND AMENITIES ensures convenient access to Mahogany Lake, wetlands, pathways, schools, shopping, dining, and nearby Seton amenities including South Health Campus and YMCA, with quick access to Deerfoot and Stoney Trail for an easy commute. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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29 Magnolia Terrace SE in Calgary: Mahogany Detached for sale : MLS®# A2287104
29 Magnolia Terrace SE Calgary T3M 2X3
$959,000Residential- Status:
- Active
- MLS® Num:
- A2287104
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,529 sq. ft.
This former Jayman Showhome, built with the renowned/most sold “Lauren 26” design, offers over 3,400 sq. ft. of beautifully finished living space. Proudly owned by the first owner (The owner has lived in the property for 3 years and 4 months) and meticulously maintained, this home is loaded with over 100k upgrades, exceptional craftsmanship, and thoughtful design that will impress the moment you step inside. The open main floor welcomes you with a spacious foyer, an enormous upgraded kitchen featuring double islands with Quartz countertops, and high-end KitchenAid stainless steel appliances. The living room is anchored by an upgraded fireplace, creating the perfect space for family gatherings. Upstairs, you will find three large bedrooms, including a stunning master retreat with a luxurious en-suite, as well as a separate bonus room with elegant Glass French Doors. The fully finished basement expands the living space with a media room, flex room, and a fourth bedroom—perfect for family, guests, or entertaining. Notable upgrades include Quartz counters throughout, engineered hardwood flooring on the main, Hunter Douglas blinds, 12 Solar panels, central air conditioning, and more. This is your opportunity to own a show-stopping Jayman-built home that combines quality, comfort, and modern design. Don’t just imagine it—make it yours today. More detailsListed by MaxWell Canyon Creek- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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80 Magnolia Green SE in Calgary: Mahogany Detached for sale : MLS®# A2278847
80 Magnolia Green SE Calgary T3M 3X8
$969,000Residential- Status:
- Active
- MLS® Num:
- A2278847
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 2,575 sq. ft.
UNBELIEVABLE OPPORTUNITY! Purchase this incredible showhome at today's prices while taking advantage of the leaseback program for up to 6-12 months. Step into the Castella showhome—a beautifully curated space that feels like your Pinterest board brought to life! This 3-bedroom “Castella” floor plan is thoughtfully designed to be the perfect canvas for a lifetime of cherished moments. The main floor boasts stunning light-toned flooring, setting a warm and inviting atmosphere. It seamlessly contrasts with champagne gold hardware, black lighting accents, and timeless white cabinetry, creating a modern yet classic aesthetic throughout. The versatile front flex room offers the ideal spot for a home office, reading nook, or playroom, adapting to your family’s needs effortlessly. At the heart of the home, the upgraded kitchen is a culinary delight. It’s equipped with premium stainless steel appliances, including a built-in oven, microwave, and countertop stove. A chic chimney hood fan takes center stage, highlighted by a striking teardrop backsplash. Crisp white quartz countertops tie it all together, offering both style and functionality. The back wall is a stunning expanse of glass, flooding the space with natural light and bringing the outdoors in. Adjacent to the kitchen, the dining area features a charming shiplap accent wall and ample space for gathering. The sliding patio door provides seamless access to your outdoor deck—perfect for enjoying summer evenings. The living room centers around a striking gas fireplace with floor-to-ceiling tile surround, framed by dual windows, further enhancing the bright and airy feel. Prepare to be captivated as you move upstairs! The central bonus room, with its vaulted ceiling, creates a natural division between the primary suite and the secondary “kids wing,” offering both privacy and functionality. The spacious primary bedroom is a retreat in itself, featuring expansive windows that bathe the room in light. The luxurious 5-piece ensuite feels like your own private spa, complete with a free-standing tub, dual vanities flanked by subway tile, and a show-stopping design reminiscent of the Ritz Carlton experience. The walk-in closet, directly connected to the laundry room, is a dream with ample built-in storage—making laundry day more convenient than ever. The secondary wing is perfect for children or guests, with two generous bedrooms, each featuring its own walk-in closet. The shared bathroom is designed with convenience in mind, offering dual sinks to ensure morning routines run smoothly. Adding even more value, the separate entrance offers an incredible opportunity for a future basement suite (A secondary suite would be subject to approval & permitting by the city/municipality).*Please note: the builder will continue to use this as a show home until it’s no longer required (estimated possession is 18 months). The builder will lease back the property at 6% of the original purchase price (excluding GST), prorated over 12 months. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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44 Masters Terrace SE in Calgary: Mahogany Detached for sale : MLS®# A2291298
44 Masters Terrace SE Calgary T3M 2T1
$999,900Residential- Status:
- Active
- MLS® Num:
- A2291298
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,611 sq. ft.
Welcome to this stunning detached home in the sought after lake community of Mahogany, offering over 3,700 sq ft of FULLY DEVELOPED beautifully designed living space. This well-maintained home features 4 spacious bedrooms and 3.5 bathrooms, with thoughtful upgrades throughout. The main floor showcases a gorgeous kitchen with GRANITE countertops, UPGRADED APPLIANCES and an OVERSIZE ISLAND, perfect for entertaining or gathering with family. The dining is elevated by COFFERED CEILING detailing, adding elegance and architectural interest to the space, while BUILT-IN SPEAKERS create the perfect atmosphere for entertaining or relaxing at home. The open-concept layout provides a warm, inviting flow. Upstairs, you’ll find a bright bonus room enhanced by SKYLIGHTS, filling the space with NATURAL LIGHT. The convenient upper-floor laundry room adds everyday practicality, while the upgraded bathrooms feature GRANITE countertops. The spacious primary ensuite features tile flooring, DUAL sinks, a WALK-IN closet and a relaxing SOAKER TUB, along with a beautifully finished shower with TILE extending to the ceiling, adding a modern and luxurious touch. The FULLY DEVELOPED basement expands your living space with a LARGE recreation room perfect for games or movie nights, a WET BAR, an additional bedroom, full bathroom and plenty of storage space. Step outside to enjoy the spacious deck and yard, ideal for kids, summer BBQs, and relaxing evenings. Located within walking distance to the lake and wet pond, you’ll be able to fully enjoy the lifestyle offered by this incredible community. This beautifully cared-for home offers the perfect blend of SPACE, UPGRADES, and LOCATION in one of Calgary’s most DESIRABLE LAKE communities. More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated April 8, 2026 at 08:05 PM (UTC)
