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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. REALTOR® and REALTORS® are trademarks of CREA.

161 Rainbow Falls Glen

For SaleMLS® #A2309616Pillar 9

$599,000

117 days on hômm

Est. $2,960/mo incl. taxes · 20% down @ 4.49%

161 Rainbow Falls Glen

Rainbow Falls, Chestermere, Alberta T1X 0S5

161 Rainbow Falls Glen in Rainbow Falls, Chestermere — listing provided by Phuong Trang

3+2
Beds
4 full + 1 half
Baths
1,898
Sqft
2014
Built
Residential2 StoreyDetached Single Family

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Local partner agents · typically reply within a few hours

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Description

Built in 2014, this home is packed with potential. At almost 1,900 SQ FT above grade plus a builder-finished basement with separate rear access, this property is ideal for buyers looking for a “live up, rent down” setup. Welcoming you in is a charming front veranda and bright open-concept main floor featuring large windows, hardwood flooring throughout the main and second level, and a spacious living room with double-sided fireplace connecting to the dining area. The kitchen is designed for both function and style with granite countertops, tiled backsplash, stainless steel appliances, huge island, corner pantry, and plenty of cabinetry. A functional mudroom leads to the oversized detached garage, and central A/C (as is) keeps the home comfortable all summer long. Upstairs features a bonus room, upper-floor laundry, and 3 generous bedrooms including a spacious primary retreat with walk-in closet and ensuite featuring dual vanities. The fully finished builder-completed basement adds major value with 2 additional bedrooms with egress windows, a full 3-piece bathroom, large family room, and separate back entrance access making it an incredible opportunity for future legal suite development subject to approval and permitting by the city/municipality, multi-generational living, or mortgage-helping rental income. Outside, enjoy the large deck, fenced yard, mature trees, and beautiful perennials on this wide 50’ lot. Located just steps from scenic walking paths, ponds, waterfalls, canals, schools, and parks in one of Chestermere’s most family-friendly communities. A move-in ready home with flexibility, functionality, and income potential — this is one you don’t want to miss.

Included with Sale

Central Air ConditionerDishwasherDryerElectric StoveGarage Control(s)MicrowaveMicrowave Hood FanRefrigeratorWasherWindow Coverings

Nearby Amenities

GolfLakeParkPlaygroundPondSchools Nearby

Basement

Full,Finished,Separate/Exterior Entry,Walk Up

Parking

2 Garage

Heating

Fireplace(s),Forced Air

Cooling

Central Air

Financial Information

Property Taxes

$3,588/year (2025)

Lot Information

Lot Size

5,513 sq ft

Acres

0.13

Width

51.00 ft

Back LaneBack YardLandscapedRectangular LotStreet LightingTreed

Rooms (18)

Main

2pc Bathroom
2,300 sq ft
46.0 × 50.0 ft (2,300 sq ft)
Dining Room
137,870 sq ft
811.0 × 170.0 ft (137,870 sq ft)
Foyer
123,140 sq ft
94.0 × 1310.0 ft (123,140 sq ft)
Kitchen
15,875 sq ft
127.0 × 125.0 ft (15,875 sq ft)
Living Room
271,980 sq ft
180.0 × 1511.0 ft (271,980 sq ft)
Mud Room
556,621 sq ft
911.0 × 611.0 ft (556,621 sq ft)
Zoning: R1

Location

Map of 161 Rainbow Falls Glen
DirectionsOpen in Maps
See Rainbow Falls on the mapRecently sold nearby (sign in for prices)

MLS® #: A2309616

Listing provided by Phuong Trang

Brokerage: Stonemere Real Estate Solutions

Photos: 50 images

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Website provided by Kelly Grant

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.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on August 31, 2026 at 2:41 pm MDT