Homes for Sale in Okotoks Under $500,000

Find Affordable Properties in a Welcoming Alberta Community

Homes in Okotoks Under $500,000
Affordable homes, townhouses, and bungalows in Okotoks under $500K

Okotoks offers exceptional value for homebuyers looking under the $500,000 mark. Whether you're a first-time buyer, a downsizer, or relocating for a more peaceful lifestyle, this foothills town combines scenic views, strong schools, and modern amenities just minutes from Calgary.

In this price range, you'll find well-maintained townhomes, charming bungalows, and detached starter homes. Many are located in family-friendly neighbourhoods like Cimarron, Crystal Ridge, and Westmount.

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Homes near schools and parks in Okotoks under $500,000

Okotoks homes for sale under $500,000. Okotoks real estate under $500,000

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  • 27 Drake Landing Boulevard: Okotoks Detached for sale : MLS®# A2225281

    27 Drake Landing Boulevard Okotoks Okotoks T1S 0P8
    Main Photo: 27 Drake Landing Boulevard: Okotoks Detached for sale : MLS®# A2225281
    $539,900
    Residential
    Status:
    Active
    MLS® Num:
    A2225281
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,224 sq. ft.
    Welcome to the family- friendly, Drake Landing Blvd. This great location is a short walk to the dog park, close to schools, easy access to the highway to travel North or South. Plenty of parks, ball diamonds and soccer fields all within walking distance - so many amenities nearby! This beautiful Bungalow is 4 bedrooms (2 up and 2 down) all generous in size! 3 full bathrooms (2 up and 1 down) Upstairs you have the living room, kitchen with plenty of cupboard and counter space plus a large pantry plus laundry! The basement has recently been professionally developed. Cozy living room complete with gas fireplace plus an additional games/ rec area. The additional space is very versatile. This home has been meticulously cared for by the owners inside and out! The interior of the home has been freshly professionally painted. New Dishwasher (2024) New Fridge (2025-wifi capability) New Stove (2025) (2) New Triple pane windows. The home is complete with A/C (2024) just in time for summer!! The backyard is easy for kids, dogs or just anyone who wants less yard work. The back is fully zero-scape, additionally you have back alley access; great for a future garage or just additional parking, room for the RV or Boat whatever you need. The finishing touches; the home has permanent outdoor lighting across the front roof line. Never hang another set of string lights again and enjoy the curb appeal this detail brings to your new home. More details
    Listed by RE/MAX Complete Realty
    DIANE RICHARDSON
  • 2405 100 Banister Drive: Okotoks Apartment for sale : MLS®# A2223158

    2405 100 Banister Drive Okotoks Okotoks T1S 5R1
    OPEN HOUSE: May 31, 2025
    01:00 PM - 03:00 PM MDT
    Open House on Saturday, May 31, 2025 1:00PM - 3:00PM
    Main Photo: 2405 100 Banister Drive: Okotoks Apartment for sale : MLS®# A2223158
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223158
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,007 sq. ft.
    OPEN HOUSE THIS SATURDAY MAY 31st FROM 1-3pm! TOP FLOOR! CORNER UNIT! HIGH CEILINGS! Welcome to Lawrie Park! Located in the brand new community of Wedderburn in Okotoks. This charming home features almost 1100 sq.ft. of single-level living. With 2 spacious bedrooms and 2 bathrooms, each equipped with walk-in closets, this residence is designed for comfort and style. Step into the heart of the home, where an open-plan main area under high ceilings invites you in. The expansive living room, kitchen, and dining area are adorned with luxurious vinyl plank flooring that creates a seamless flow throughout. The stunning kitchen serves as the focal point, boasting a corner pantry, a large island with quartz countertops, and double sinks. Full-height, flat panel cabinetry with soft-close doors and brushed nickel pulls enhances both aesthetics and functionality. Modern stainless steel appliances and 4” LED recessed lighting add a touch of elegance to this culinary space. The primary bedroom is your personal retreat, offering generous space, a four-piece ensuite with double sinks, and a roomy walk-in closet. On the opposite side of the unit, the second bedroom ensures privacy and is conveniently located near a three-piece bathroom. The laundry room, situated just off the entry, features a stacked front-loading washer and dryer, along with additional storage. This residence also includes a titled underground parking stall, an outside parking stall, and a very large storage locker. Enjoy the outdoors on your giant TOP FLOOR CORNER UNIT NW facing balcony, complete with a roughed-in gas line. The community amenities include a landscaped central courtyard with bench seating, a community garden, and a basketball court, enriching your living experience at Lawrie Park. The location is unbeatable, offering easy access to the newly opened D'Arcy Crossing Shopping Centre, major thoroughfares, schools, walking paths, and more! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 53 Cimarron Meadows Close: Okotoks Detached for sale : MLS®# A2222532

    53 Cimarron Meadows Close Okotoks Okotoks T1S 1T5
    Main Photo: 53 Cimarron Meadows Close: Okotoks Detached for sale : MLS®# A2222532
    $530,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222532
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,283 sq. ft.
    Welcome to this fantastic 3-bedroom home in the heart of Cimarron Meadows, offering exceptional value and functionality for families or first-time buyers. The main floor features a bright, spacious kitchen with brand-new granite countertops and all new appliances , overlooking the sunny, south-facing backyard. A flexible front room creates the perfect cozy book nook and includes a gas fireplace , while a welcoming living room and convenient 2-piece guest bath complete the main level. Upstairs, the generous primary bedroom features a walk-in closet, accompanied by two additional bedrooms and a full 4-piece bathroom. The fully finished basement offers even more living space with a illegal mother-in-law studio suite, complete with a kitchenette and 3-piece bathroom—ideal for extended family or guests. Step outside to enjoy the sunny, landscaped backyard, featuring a covered deck with stylish glass railings—perfect for relaxing or entertaining. Gardeners will appreciate the raised garden bed and handy shed. The freshly painted front deck adds even more curb appeal, while off the back lane you'll find two parking spaces with room to build your future double garage. With recent updates including a new washer and dryer (2024) and a roof replaced in 2016, this home is ready for your final touches. Ideally located close to schools, parks, shopping, and more—don’t miss the opportunity to make this wonderful property yours! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723

    113 Thorson Crescent Okotoks Okotoks T1S 1C8
    Main Photo: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    $540,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223723
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,073 sq. ft.
    Open House this Sunday May 25th from 2:00-4:00pm! Join us at this incredible opportunity to own this beautiful well taken care of and well loved home. This home sits on a HUGE lot! Perfect for garden lovers and those seeking a spacious backyard oasis for their family and friends. Enjoy a spacious floorpan with an open kitchen that includes stainless steel appliances and lots of natural light. Total of 3 bedrooms with an additional large 4th room and comfortable basement downstairs. Gorgeous New Washer and Dryer, Beautifully Updated Bathrooms, Newer Flooring, Newer Roof less than 10 years old and a new hot water tank installed in 2023. Lots of additional Storage Space in the basement for all your needs. The large front porch is enclosed and fenced ready for your sunny outdoor enjoyment this summer. This property also includes a shed perfect for a workshop. Book your showing today or come and visit us and see it for yourself at our open house this weekend! In great condition and a must see. More details
    Listed by Royal LePage Solutions
    DIANE RICHARDSON
  • 2235 Dr East Natures Hideaway Road: Okotoks Residential Land for sale : MLS®# A2222834

    2235 Dr East Natures Hideaway Road Okotoks Okotoks T1S 3Z4
    Main Photo: 2235 Dr East Natures Hideaway Road: Okotoks Residential Land for sale : MLS®# A2222834
    $450,000
    Land
    Status:
    Active
    MLS® Num:
    A2222834
    UNIQUE OPPORTUNITY TO OWN LAND ON THE HIGHWOOD RIVER ! THIS 3.39 ACRE PARCEL IS FULLY SERVICED ONSITE - GAS, ELECTRICITY, WELL, SEPTIC TANK AND FIELD > WOULD MAKE AN IDEAL WEEKEND RETREAT OR BUILD YOUR DREAM HOME. 10 MINUTES SOUTH OF CALGARY TO NATURE'S HIDEAWAY. CLOSE TO SOUTH CAMPUS HOSPITAL - HERITAGE POINTE GOLF COURSE - CARNMONEY GOLF AND COUNTRY CLUB - COTTONWOOD GOLF AND COUNTRY CLUB AND SCHOOLS. More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 123 Carr Place: Okotoks Detached for sale : MLS®# A2222996

    123 Carr Place Okotoks Okotoks T1S 1E2
    Main Photo: 123 Carr Place: Okotoks Detached for sale : MLS®# A2222996
    $509,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222996
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,248 sq. ft.
    First time home buyers, do I have a house for you! Have a look at this bungalow with just under 2500sqft of total living space. 3 bedrooms found on the main including your primary, a 4 piece bathroom, nice open concept living space, and huge kitchen! Not to mention the walk in pantry! Kitchen flooring was recently replaced, and a lot of the walls have been painted in the last month. Downstairs you will find a large utility room with storage, another great sized living area, 2 bedrooms with one connecting to the 4 pc bedroom, and a massive hobby/storage/home gym room. There is also a separate entrance to the back of the home into the basement and also has a sub panel all ready for you. The backyard is a great size with a large 2 tiered deck, a variety of fruit trees (throughout front and back yards), shed and separate area to use as a dog run or to store your toys. In the last 8 years the roof, siding, basement windows and hot water tank have been replaced. The location of this home is family friendly being in a quiet culdesac and a min walk to a park and the Okotoks walk way system. A Catholic Elementary school is just over a block away, and you will find quick access to a ton of amenities within couple mins drive. Call your favourite realtor to book a showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 201 144 Crescent Road W: Okotoks Apartment for sale : MLS®# A2218681

    201 144 Crescent Road W Okotoks Okotoks T1S 1K2
    Main Photo: 201 144 Crescent Road W: Okotoks Apartment for sale : MLS®# A2218681
    $239,900
    Residential
    Status:
    Active
    MLS® Num:
    A2218681
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    891 sq. ft.
    891SQFT FOR UNDER $240,000!!! Check out this bright and spacious condo offering high ceilings and a modern open-concept layout. Enjoy the sleek kitchen with quartz countertops, stainless steel appliances, and a large island—perfect for entertaining. The primary bedroom is generously sized, while the den could easily double as a second bedroom or work great as an office. Additional features include in-suite laundry, two private balconies with low-maintenance Duradek, in-floor radiant heating, gas fireplace, a huge private storage room, and 2 parking stalls right outside your door. Located just steps from Main Street shopping and restaurants. Don’t miss out—book your showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 324 Cimarron Vista Way: Okotoks Detached for sale : MLS®# A2223315

    324 Cimarron Vista Way Okotoks Okotoks T1S 0J6
    Main Photo: 324 Cimarron Vista Way: Okotoks Detached for sale : MLS®# A2223315
    $549,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223315
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,529 sq. ft.
    Welcome to 324 Cimarron Vista Way — a thoughtfully designed 2-storey home with a functional and inviting main floor. Step from the cozy front porch into a spacious front entry with double closets and sleek tile flooring, offering plenty of room for coats and shoes. The front living room is bright and airy with large windows, a cozy fireplace, and a comfortable layout perfect for relaxing or entertaining. Nine foot ceilings and dark hardwood flows through to the open-concept kitchen and dining area, where rich espresso cabinetry, granite countertops, a large island, and eye-catching mosaic backsplash create a polished and modern space. Stainless steel appliances including gas range and fridge with water & icemaker, and stylish lighting complete the kitchen. Just off the dining area, you’ll find easy access to the backyard and a tucked-away powder room for guests. Upstairs offers a family-friendly layout with three spacious bedrooms and two full bathrooms. The primary suite features a walk-in closet and a private ensuite complete with a deep soaker tub, separate shower, and large vanity with plenty of counter space. Down the hall, two additional bedrooms share a bright 4-piece bathroom and offer ample space for kids, guests, or a home office. Basement is fully finished with a large room suitable for office or family room and a 4th bedroom with its own 4 piece ensuite. West facing backyard is fenced and offers both a deck and stone patio. Gravel pad accommodates 2 cars and a shed. Home is equipped with Omnishield safety system featuring smoke, CO, heat and flood alerts. (No contract required) More details
    Listed by RE/MAX Complete Realty
    DIANE RICHARDSON
  • 43 Larkspur Bend: Okotoks Row/Townhouse for sale : MLS®# A2223467

    43 Larkspur Bend Okotoks Okotoks T1S 5V6
    Main Photo: 43 Larkspur Bend: Okotoks Row/Townhouse for sale : MLS®# A2223467
    $549,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223467
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,339 sq. ft.
    Step into modern living with this stunning,2024-built townhome, offering over 1,300 sq ft of stylish, well-designed space and best of all… NO CONDO FEES! Perfectly located directly across from a future park and lush greenspace, this home combines everyday convenience with natural beauty right at your doorstep. Inside, you’ll be welcomed by a bright, open-concept layout that’s truly move-in ready. The spacious living room is warm and inviting, centered around a cozy fireplace—ideal for relaxing nights or entertaining guests. The sleek kitchen is a dream for any home chef, featuring stainless steel appliances, quartz countertops, abundant cabinetry, and a large central island with breakfast bar seating. A charming dining nook and a chic 2-piece powder room complete the main floor. Upstairs, unwind in the private primary suite, complete with a walk-in closet and a full ensuite bath. Two additional bedrooms, a 4-piece main bathroom, and a convenient upper-floor laundry area offer smart functionality for families or guests. The framed basement is a blank canvas, ready for your personal touch—whether it’s a home gym, media room, or fourth bedroom, the possibilities are endless. Outside, enjoy a fully fenced backyard—perfect for summer BBQs, kids, pets, or quiet evenings under the stars. A double detached garage at the rear of the property adds secure parking and extra storage. Situated in the highly desirable community of D’Arcy Ranch, this home is close to scenic walking paths, future school sites, a nearby golf course, and offers quick access to both downtown Okotoks and Calgary. Modern style, unbeatable location, and no condo fees—this exceptional home truly checks all the boxes More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 51 105 Drake Landing Common: Okotoks Row/Townhouse for sale : MLS®# A2222903

    51 105 Drake Landing Common Okotoks Okotoks T1S 0C9
    Main Photo: 51 105 Drake Landing Common: Okotoks Row/Townhouse for sale : MLS®# A2222903
    $414,900
    Residential
    Status:
    Active
    MLS® Num:
    A2222903
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,215 sq. ft.
    Discover the charm of unit 51-105 Drake Landing Common, a beautifully updated townhome nestled in the sought-after complex of Drake's Cove. This move-in-ready gem dazzles with new vinyl flooring throughout, offering a modern, low-maintenance vibe. The open-concept main floor features a bright living room bathed in natural light, and a sleek kitchen with stainless steel appliances, a breakfast bar, and ample cabinetry—perfect for family meals or entertaining. Past the dining area, step out onto the southwest-facing deck to soak in serene greenspace and mountain views—ideal for relaxing evenings and summer sunsets. Upstairs, find three generous bedrooms, including a rare primary suite with a private 4-piece ensuite, a standout feature in this complex. The additional bedrooms share a stylish 4-piece bathroom, perfect for growing families. The fully developed walk-out basement is complete with a 4th bedroom, another full washroom, and a massive storage area, adding flexibility to your lifestyle. With two assigned parking stalls, this home is steps from schools, shopping, Crystal Ridge Golf Course and major roadways, combining convenience with small-town charm. Don’t let this rare property slip away—be sure to check out the 3D walk-through and book your private tour today. It’s a move you’ll be glad you made! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 100 Crystal Shores Cove: Okotoks Row/Townhouse for sale : MLS®# A2223047

    100 Crystal Shores Cove Okotoks Okotoks T1S 2B5
    Main Photo: 100 Crystal Shores Cove: Okotoks Row/Townhouse for sale : MLS®# A2223047
    $415,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223047
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,326 sq. ft.
    Welcome to one of the best-kept secrets in Okotoks—this bright and beautifully laid-out 3-bedroom, south-end unit in the sought-after lake community of Crystal Shores. With over 1,300 sq. ft. of sunny living space, you’ll love every corner of this cheerful and functional home. On the lower main floor, you’re greeted by an oversized country-style kitchen with soaring vaulted ceilings, loads of counter space, and a dining nook—perfect for family breakfasts or entertaining friends. Head upstairs to the sunny living room, complete with a cozy gas fireplace. A 2-piece bathroom completes this level. Up one more level, you’ll find 3 generous bedrooms, including a primary suite with a walk-in closet, and a private 3-piece ensuite. There’s also a full 4-piece bathroom for the rest of the family. Other perks? How about an attached single garage, a huge deck overlooking the 8th hole of Crystal Ridge Golf Course, and easy access to visitor parking just steps away. Let’s not forget—lake privileges are included! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 204 7 Lineham Avenue: Okotoks Apartment for sale : MLS®# A2216966

    204 7 Lineham Avenue Okotoks Okotoks T1S 1Z2
    Main Photo: 204 7 Lineham Avenue: Okotoks Apartment for sale : MLS®# A2216966
    $325,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216966
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    939 sq. ft.
    Corner Unit - This well kept home offers 2 Bedrooms ad 2 Baths, Spacious open concept with large windows giving lots of light into the kitchen, eating area and living room with corner gas fireplace. The large bedrooms feature built-In closet organizers and 4pc ensuite in the primary bedroom. More feature of the home are New Carpet, Newer Laminate Flooring, 9ft Ceilings, in-suite laundry, Assigned storage locker and parking under covered carport. This Self-Managed condo has low monthly fees of $359.38 and great location for all downtown coffee shops and shopping that matters. More details
    Listed by RE/MAX iRealty Innovations
    DIANE RICHARDSON
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Data was last updated May 29, 2025 at 06:05 AM (UTC)

Affordable Living in a Connected Community

Living in Okotoks means enjoying the charm of a small town without sacrificing convenience. With scenic walking paths, local shops, quality schools, and easy access to Calgary, Okotoks offers a balanced lifestyle that’s ideal for first-time buyers, families, and downsizers. Homes under $500,000 provide an affordable entry point into one of Alberta’s most welcoming and well-serviced communities.

Frequently Asked Questions About Buying a Home in Okotoks Under $500,000

What types of homes can I buy in Okotoks under $500,000?

You can find townhomes, bungalows, duplexes, and smaller detached homes in this price range, often in established neighbourhoods like Cimarron and Crystal Ridge.

Are these homes good for first-time buyers?

Yes, homes under $500K in Okotoks are ideal for first-time buyers looking for affordability, low maintenance, and proximity to schools, parks, and shopping.

Will I find move-in ready homes under $500,000?

Absolutely. Many homes in this range have been updated or are newly built, offering modern layouts and features with little to no renovation needed.

Is financing easier for homes under $500,000?

Yes. Homes in this range may qualify for first-time homebuyer programs, lower down payments, and more flexible mortgage options through CMHC and lenders.

How competitive is the market under $500K in Okotoks?

It can be competitive, especially for detached homes. Listings tend to move quickly, so working with an Diane Richardson local REALTOR® can give you an edge.

Diane Richardson

Buying or selling?

With over 15 years of guiding buyers and sellers across Calgary and Southern Alberta, Diane Richardson brings unmatched local expertise to every transaction. Whether you’re searching for a country acreage or a picturesque rural retreat, Diane’s hands-on approach ensures your real estate journey is smooth and successful.

Please mention the property address or MLS® number you’re interested in.

 Ready to buy or sell? Contact Diane today for a free market consultation! 
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.