Residential For Sale in Chestermere, Alberta
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.
| Street Address: | 161 Rainbow Falls Glen |
| City: | Chestermere |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Chestermere |
| Subdivision: | Rainbow Falls |
| Country: | Canada |
| Latitude: | 51.02213930 |
| Longitude: | -113.83696400 |
| MLS® Number: | A2309616 |
| Price: | $659,000 |
| Property Area: | 1,898 Sq ft |
| Bedrooms: | 5 |
| Bathrooms Half: | 1 |
| Bathrooms Full: | 3 |
| Living Area: | 1,898 Sq ft |
| Building Area: | 0 Sq ft |
| Year Built: | 2014 |
| Listing Date: | May 08, 2026 |
| Garage Spaces: | 2 |
| Property Type: | Residential |
| Property Subtype: | Detached |
| MLS Status: | Active |
| Flooring: | N/A |
| Construction: | Concrete,Mixed,Vinyl Siding,Wood Frame |
| Parking: | Double Garage Detached |
| Appliances: | Central Air Conditioner,Dishwasher,Dryer,Electric Stove,Garage Control(s),Microwave,Microwave Hood Fan,Refrigerator,Washer,Window Coverings |
| Stories: | N/A |
| Zoning: | R1 |
| Fireplace: | N/A |
| Amenities: | Golf,Lake,Park,Playground,Pond,Schools Nearby,Shopping Nearby,Walking/Bike Paths |
| Heating: | Fireplace(s),Forced Air |
| Cooling: | Central Air |
| Property Type | Residential |
| Building Type | Detached |
| Square Footage | 1,898 sqft |
| Community Name | Rainbow Falls |
| Subdivision Name | Rainbow Falls |
| Title | Fee Simple |
| Land Size | 5,513 sqft |
| Built in | 2014 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | Garage |
| Time on MLS Listing | 31 days |
| Above Grade | 3 |
| Total | 4 |
| Partial | 1 |
| Appliances Included | Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings |
| Flooring | Carpet, Hardwood, Tile |
| Features | Double Vanity, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Stone Counters, Walk-In Closet(s) |
| Construction Material | Concrete, Mixed, Vinyl Siding, Wood Frame |
| Structures | Deck, Front Porch |
| Cooling | Central Air |
| Heating Type | Fireplace(s), Forced Air |
| Exterior Finish | Concrete, Mixed, Vinyl Siding, Wood Frame |
| Community Features | Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths |
| Amenities Nearby | Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths |
| Parking Type | Garage |
| Total Parking Spaces | 4 |
| Total Finished Area: | 1,898 sq ft |
| Total Finished Area (Metric): | 176.33 sq m |
| Bedrooms: | 5 |
| Bathrooms: | 4 |
| Full Bathrooms: | 3 |
| Half Bathrooms: | 1 |
| Rooms Above Grade: | 8 |
| Lot Size: | 5,513 sq ft |
| Lot Size (Acres): | 0.13 acres |
| Frontage: | 51 ft |
Floor plan information is not available for this property.
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