161 Rainbow Falls Glen, Chestermere
For sale140 days on hômmLast checked with the board’s feed

Listing photos











38 more photos in the full gallery.
$599,000 asking price
161 Rainbow Falls Glen, Chestermere in Rainbow Falls, Chestermere — listing provided by Phuong Trang of Stonemere Real Estate Solutions
- Beds
- 3+2
- Baths
- 4 full + 1 half
- Living area
- 1,898 sq ft
- Year built
- 2014
About this home
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.
Key facts
| MLS® number | A2309616 |
|---|---|
| Property type | Detached Single Family |
| Style | 2 Storey |
| Lot size | 5,513 sq ft |
| Days on hômm | 140 days on hômm |
| Annual property tax | $3,588/year (2025) |
| Listing REALTOR® | Phuong Trang |
| Brokerage | Stonemere Real Estate Solutions |
Questions about this home
- Is this home still available?
Yes — at our last check this home was still on the market at $599,000 (140 days on hômm). A home can go under contract the same day an offer is accepted, so the “last checked” stamp near the top of this page is the honest measure of how current that is.
- How do I book a viewing?
Ask for a tour on this page, or book a call with hômm, and we will put you with a REALTOR® who arranges the showing with the listing brokerage — usually the same day.
Book a call with hômm- What is this home worth?
The asking price for 161 Rainbow Falls Glen, Chestermere is $599,000. What a home actually sells for is settled by what comparable homes nearby have recently sold for, its condition, and how it is priced against them — not by an online figure. A REALTOR® can walk you through the recent sales on this street before you write an offer. If it is your own home you are wondering about, hômm’s free home-worth tool gives you a starting number in about a minute.
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About Chestermere
Website provided by Kelly Grant
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Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.
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®).