161 Rainbow Falls Glen Chestermere, AB T1X 0S5
161 Rainbow Falls Glen Chestermere, AB T1X 0S5 | MLS® A2309616 Photo 1
161 Rainbow Falls Glen Chestermere, AB T1X 0S5 | MLS® A2309616 Photo 2
161 Rainbow Falls Glen Chestermere, AB T1X 0S5 | MLS® A2309616 Photo 3
161 Rainbow Falls Glen Chestermere, AB T1X 0S5 | MLS® A2309616 Photo 4
161 Rainbow Falls Glen Chestermere, AB T1X 0S5 | MLS® A2309616 Photo 5
For more information on this listing, contact us at: (403) 556-0263
Active
$599,000
-9.1%

161 Rainbow Falls Glen Chestermere, AB T1X 0S5

Detached Property Type
5 Beds
3 Full 1 Half Baths
1,898 Sq. Ft.
2014 Year Built
Chestermere County
View All Property Details
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
Monthly Assoc. Fee N/A
On Site 157 Days
Last Updated 9/30/2026

Contact Agent

Ricky Jin

Ricky Jin

(403) 556-0263

Property Details

Community Information

Address 161 Rainbow Falls Glen, Chestermere, AB T1X 0S5
County Chestermere
Zoning R1
Subdivision Rainbow Falls
Postal Code T1X 0S5

Architecture

Bedrooms 5
Bathrooms 3 Full / 1 Half
Year Built 2014
Stories 2
Style 2 Storey
Construction Type Concrete, Mixed, Vinyl Siding, Wood Frame
Structure Type House
Roof Asphalt Shingle
Foundation Poured Concrete
Basement Full
Basement Development Finished
Basement Features Separate/Exterior Entry, Walk Up

Features / Amenities

Fin. Sq. Ft. 1898
Exterior Features Private Entrance, Private Yard
Flooring Carpet, Hardwood, Tile
Fireplace Double Sided, Gas, Living Room
Amenities Double Vanity, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Stone Counters, Walk-In Closet(s)
Restrictions None Known
Laundry Electric Dryer Hookup, Upper Level, Washer Hookup
Bedrooms Above Grade 3
Bedrooms Below Grade 2
Parking Double Garage Detached
Number of Parking 4
Patio And Porch Deck, Front Porch
Heating Fireplace(s), Forced Air

Property Features

Lot Size 0.13 Acres
Lot Features Back Lane, Back Yard, Landscaped, Rectangular Lot, Street Lighting, Treed
Front Exposure South
Community Features Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Zoning R1

Rooms

LevelSizeDescription
Bedroom - PrimarySecond14`8" x 15`11"
2pc BathroomMain4`6" x 5`0"
Dining RoomMain8`11" x 17`0"
FoyerMain9`4" x 13`10"
KitchenMain12`7" x 12`5"
Living RoomMain18`0" x 15`11"
Mud RoomMain9`11" x 6`11"
4pc BathroomSecond9`11" x 4`11"
5pc Ensuite bathSecond9`3" x 7`10"
BedroomSecond9`11" x 10`7"
BedroomSecond10`0" x 10`1"
Bonus RoomSecond12`7" x 12`11"
Walk-In ClosetSecond8`2" x 7`11"
3pc BathroomLower4`11" x 8`4"
BedroomLower9`11" x 11`10"
BedroomLower9`2" x 11`9"
Family RoomLower20`11" x 18`6"
Furnace/Utility RoomLower13`7" x 7`0"

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Price Change History

Date Old Price New Price Percent Change
7/2/2026 $659,000 $639,000
-3%
7/31/2026 $639,000 $619,000
-3.1%
8/31/2026 $619,000 $599,000
-3.2%

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161 Rainbow Falls Glen Chestermere, AB T1X 0S5 | MLS® A2309616
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Listing Information Last Updated 9/30/2026
Listing provided courtesy of Stonemere Real Estate Solutions.
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.
161 Rainbow Falls Glen Chestermere, AB T1X 0S5
  • $599,000
  • 5 beds
  • 3 full  1 half baths
  • 1,898 Sq. Ft.