161 Rainbow Falls Glen | Rainbow Falls | Chestermere

161 Rainbow Falls Glen | Rainbow Falls

Beds
3 2
Baths
3.5
Sqft
1,898
Lot Sqft
5,513
Year Built
2014
Days Listed
132
Type
Detached
Status
Active
Garage
Yes
Foundation
Concrete
Condo Fee
No
Price Change
-$20k, 31-Aug

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.

MLS ® #: A2309616
Listing Office: Stonemere Real Estate Solutions
Date Listed: May 8, 2026 - 133 days on site
Last Updated: Sep 18, 2026 04:25am MST

$599,000

Details

Style:
2 storey

Garage Size:
2

Interior:
double vanity, kitchen island, low flow plumbing fixtures, no animal home, no smoking home, open floorplan, stone counters, walk-in closet(s)

Exterior:
private entrance, private yard

Lot:
back lane, back yard, landscaped, rectangular lot, street lighting, treed

Parking/Garage:
double garage detached

Frontage (feet):
51.00

Even More Details

Taxes:
$0

Foundation:
poured concrete

Construction:
concrete,mixed,vinyl siding,wood frame

Flooring:
carpet,hardwood,tile

Roof:
asphalt shingle

Heating:
fireplace(s),forced air

Inclusions:
none

Room Sizes

2pc Bathroom

4`6" x 5`0"

Dining Room

8`11" x 17`0"

Foyer

9`4" x 13`10"

Kitchen

12`7" x 12`5"

Living Room

18`0" x 15`11"

Mud Room

9`11" x 6`11"

4pc Bathroom

9`11" x 4`11"

5pc Ensuite bath

9`3" x 7`10"

Bedroom

9`11" x 10`7"

Bedroom

10`0" x 10`1"

Bonus Room

12`7" x 12`11"

Bedroom - Primary

14`8" x 15`11"

Walk-In Closet

8`2" x 7`11"

3pc Bathroom

4`11" x 8`4"

Bedroom

9`11" x 11`10"

Bedroom

9`2" x 11`9"

Family Room

20`11" x 18`6"

Furnace/Utility Room

13`7" x 7`0"

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"Would definitely recommend, especially for first-time homebuyers who need a little bit more guidance and help" - Jennifer Sine

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