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3 days on Market

136 Rainbow Falls Glen&, Chestermere, Alberta T1X 0S5

Detached
2 + 2
3
~1592.42 sqft
$875,000
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Detached
2 + 2
3
~1592.42 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$549/sqft

Monthly cost

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Description

OPEN HOUSE: May 2 & 3 | 12:00–3:00 PM | Welcome to this beautifully maintained walkout bungalow in the sought-after community of Rainbow Falls, located in the vibrant lakeside city of Chestermere. Backing directly onto a serene recirculating pond, this rare offering provides nearly 1,600 sq ft of thoughtfully designed living space with stunning water views—perfect for those seeking the ease of main floor living just a short drive to Calgary. The main floor features soaring 11-foot ceilings and an open-concept layout, highlighted by large windows in the living room that showcase the tranquil pond setting. The modern kitchen is equipped with granite countertops, stainless steel appliances, a built-in oven, and a built-in microwave—perfect for both everyday living and entertaining. The spacious primary bedroom overlooks the pond, offering a peaceful start to your day, and features a large ensuite for added comfort and privacy. With a total of 4 bedrooms and 3 full bathrooms, this home is ideal for families or those seeking functional space. The fully finished walkout basement boasts 9-foot ceilings and opens onto a patio that also overlooks the pond, creating seamless indoor-outdoor living. Recent upgrades include a new furnace (2024), humidifier (2024), and hot water tank (2023), along with the added comfort of central air conditioning, a water softener system, and central vacuum. Fresh paint and recently professionally cleaned carpets make this home truly move-in ready. A rare triple attached garage provides ample space for vehicles, storage, and hobbies. Enjoy close proximity to Chestermere Lake, where residents can take advantage of year-round recreation including boating, paddleboarding, kayaking, swimming, fishing, and winter skating. With nearby boat launches, beaches, scenic pathways, parks, and schools, this home offers an exceptional lakeside lifestyle in a family-friendly community.


Upcoming Open House

May 3Sun12:00 PM - 3:00 PM

Property Details

StyleBungalow
View-
Age of property2015
SqFt~1592.42 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2301731
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Finished,Walk Out

Main Floor

4pc Bathroom

8`1" x 5`0"

4pc Ensuite bath

10`1" x 11`11"

Bedroom

9`6" x 11`4"

Dining Room

9`3" x 8`11"


Features

Patio: Balcony(s),Patio

Parking

Garage spaces 3

Garage type -

Other parking spaces 3

Total parking spaces 6


Property History

Apr 30, 2026
ListedActive
$875,000
3 days on market
history photo preview37
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2025

48 days

2024

27 days

2023

29 days

New Listings

Past 30 days

8 listings

Compared to

2025

3 listings

2024

12 listings

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

4 units

2024

3 units

2023

3 units

Median Sold Price

Past 30 days

$692,500

Compared to

2025

$774,500

2024

$769,000

2023

$705,000


Population and Demographics

Overview

Total population 1592
Average household income $154,950

Age (%)

0 to 19
32%
20 to 34
15%
35 to 49
29%
50 to 64
16%
65 and plus
9%

Household composition (%)

Single family
83%
Single person
12%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
79%
Punjabi (Panjabi)
6%
Vietnamese
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Arabic
2%
Spanish
2%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget