Cochrane Community Search
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161 Rainbow Falls Glen
Rainbow Falls
Chestermere
T1X 0S5
$659,000
Residential
beds: 5
baths: 4.0
1,898 sq. ft.
built: 2014
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2309616
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year Built:
- 2014
- Photos (50)
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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 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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 1,898 sq. ft.176 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 5,513 sq. ft.512 m2
- Lot Frontage:
- 51'15.5 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Front Exposure:
- South
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 8
- Year built:
- 2014 (Age: 12)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 1310826
- Heating:
- Fireplace(s), Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry, Walk Up
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Concrete, Mixed, Vinyl Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Hardwood, Tile
- Cooling:
- Central Air
- Fireplaces:
- 1
- Fireplace Details:
- Double Sided, Gas, Living Room
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Electric Dryer Hookup, Upper Level, Washer Hookup
- Rainbow Falls
- Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
- none
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Dining Room
- 17'5.18 m × 8'11"2.72 m
- Main Floor
- Foyer
- 13'10"4.22 m × 9'4"2.84 m
- Main Floor
- Kitchen
- 12'7"3.84 m × 12'5"3.78 m
- Main Floor
- Living Room
- 18'5.49 m × 15'11"4.85 m
- Main Floor
- Mud Room
- 9'11"3.02 m × 6'11"2.11 m
- 2nd Floor
- Bedroom
- 10'7"3.23 m × 9'11"3.02 m
- 2nd Floor
- Bedroom
- 10'1"3.07 m × 10'3.05 m
- 2nd Floor
- Bonus Room
- 12'11"3.94 m × 12'7"3.84 m
- 2nd Floor
- Bedroom - Primary
- 15'11"4.85 m × 14'8"4.47 m
- 2nd Floor
- Walk-In Closet
- 8'2"2.49 m × 7'11"2.41 m
- Lower Level
- Bedroom
- 11'10"3.61 m × 9'11"3.02 m
- Lower Level
- Bedroom
- 11'9"3.58 m × 9'2"2.79 m
- Lower Level
- Family Room
- 20'11"6.38 m × 18'6"5.64 m
- Lower Level
- Furnace/Utility Room
- 13'7"4.14 m × 7'2.13 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 5' x 4'6"
- 2nd Floor
- No
- 4
- 4'11" x 9'11"
- 2nd Floor
- Yes
- 5
- 7'10" x 9'3"
- Lower Level
- No
- 3
- 8'4" x 4'11"
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Interior Features:
- Double Vanity, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Stone Counters, Walk-In Closet(s)
- Exterior Features:
- Private Entrance, Private Yard
- Patio And Porch Features:
- Deck, Front Porch
- Lot Features:
- Back Lane, Back Yard, Landscaped, Rectangular Lot, Street Lighting, Treed
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Chestermere
- Zoning:
- R1
- Listed Date:
- May 08, 2026
- Days on Mkt:
- Signup
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3D Tour
Larger map options:
Listed by Stonemere Real Estate Solutions
Data was last updated May 9, 2026 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $669,900
- Min list price:
- $339,900
- Max list price:
- $1,099,900
- Avg days on market:
- 38
- Min days on market:
- 1
- Max days on market:
- 214
- Avg price per sq.ft.:
- $329.93
These statistics are generated based on the current listing's property type
and located in
Rainbow Falls. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Gordon Group
- CIR Realty
- 403.891.8027
- Contact by Email
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.














