$659,000
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161 Rainbow Falls Glen, Chestermere, AB T1X 0S5

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5 Beds
4 Baths
176 Sq Ft

This home is finally ready to sell. TURN-KEY and packed with potential, this beautifully maintained home in the heart of Chestermere offers the perfect opportunity to live comfortably while creating future rental income. With 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 Chestermeres most family-friendly communities. A move-in ready home with flexibility, functionality, and income potential this is one you dont want to miss.

Listing By: Phuong Trang - Stonemere Real Estate Solutions cnpilar Realty.com
  • MLS® A2309616
  • Date Listed05/08/2026
  • Days on Realty 28 Days
  • Bedrooms 5
  • Bathrooms 3 Full baths, 1 Half baths
  • Lot Size 0.13 acres (5,513 sq. ft)
  • Subdivision Rainbow Falls
  • County Chestermere
  • Year Built 2014
  • Square Feet 176 sq. ft
  • Price Per Sq. Ft $3737.31

Interior Features

  • Appliances Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
  • Flooring Carpet, Hardwood, Tile
  • Cooling Central Air
  • Heating Fireplace(s), Forced Air

Exterior / Lot Features

  • Exterior Private Entrance, Private Yard
  • Roof Shingle
  • Lot Size Acres 0.13
  • Lot Size SQFT 5,513.00
  • Lot Features Back Lane, Back Yard, Landscaped, Rectangular Lot, Street Lighting, Treed

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1X 0S5

Discover key demographics, population statistics, and environmental insights for the Chestermere, AB area.

Walkability in AB / T1X 0S5

Source: Walk Score

29/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

54/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 161 Rainbow Falls Glen, Chestermere, AB T1X 0S5

Frequently Asked Questions for 161 Rainbow Falls Glen

Source: Realty.com

161 Rainbow Falls Glen, Chestermere, AB T1X 0S5 in Rainbow Falls, Chestermere, AB T1X 0S5 is a single family residence listed at $659,000. Highlights include 5 bedrooms, 4 bathrooms, 176 sq. ft., built in 2014, 0.13 acre lot, $3,737 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage t...

Realty.com has 50 photos of 161 Rainbow Falls Glen.

Our records indicate that 161 Rainbow Falls Glen was built in 2014.

The full address for this home is 161 Rainbow Falls Glen, Chestermere, AB T1X 0S5.

161 Rainbow Falls Glen has been listed on Realty.com since Fri May 08, 2026

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 31/100.

Listing provided courtesy of: Stonemere Real Estate Solutions (tel: 825-415-9624)
Listing agent: Phuong Trang (tel: 403-880-4743)

This content last refreshed on 2026-06-05 20:29:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.