161 Rainbow Falls Glen, Chestermere
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. (id:1945)
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Property details for 161 Rainbow Falls Glen, Chestermere
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,898 square feet
- Lot Size
- 5513.00
- Stories
- 2
- Basement
- Finished, Full, Separate entrance, Walk-up
- Parking
- Detached Garage
- Heating
- Forced air, Other
- Cooling
- Central air conditioning
- Exterior
- Concrete, Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $3,588 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 161 Rainbow Falls Glen
Active Listings
27
Min Price
$574,900
Max Price
$1,070,000
Avg Price
$820,406
Days on Market
55
days
Sold Listings
14
Min Sold Price
$625,000
Max Sold Price
$1,398,800
Avg Sold Price
$862,918
Days until Sold
67
days
Price History
Listed
May 8, 2026
by Stonemere Real Estate Solutions
Current Price
$599,000
-3.2% from last change
Type
Residential
For Sale
Price Changes
4
| Date | Price | Change |
|---|---|---|
| Current | $599,000 | $20,000 (-3.2%) |
| Aug 31, 2026 | $619,000 | $20,000 (-3.1%) |
| Jul 31, 2026 | $639,000 | $20,000 (-3%) |
| Jul 2, 2026 | $659,000 | +$19,000 (+3%) |
| May 8, 2026 | $640,000 | Listed |
