23 days on Market

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

Detached
2 + 2
3
~1592.42 sqft
$850,000
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Detached
2 + 2
3
~1592.42 sqft

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Highlights

Property Estimate

Days on market23 days

Estimated valueNot available

Price/Sqft$533/sqft

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Description

Welcome to 136 Rainbow Falls Glen, a beautifully maintained walkout bungalow in Rainbow Falls, Chestermere, backing directly onto a peaceful recirculating pond with no neighbours behind. Offering 4 bedrooms, 3 full bathrooms, nearly 1,600 sq. ft. above grade, a fully finished walkout basement and a rare triple attached garage, this home combines comfortable main-floor living with exceptional space and privacy. The main floor features an inviting open-concept layout with soaring 11-foot ceilings, large windows and beautiful pond views. The spacious living room is anchored by a gas fireplace and flows naturally into the dining area and modern kitchen, complete with granite countertops, stainless steel appliances, built-in oven, built-in microwave and a large island. Whether you're hosting family and friends or enjoying a quiet evening at home, the open design makes entertaining effortless. The pond-facing primary bedroom offers a peaceful retreat with beautiful views and a spacious ensuite featuring a soaking tub. A second bedroom and full bathroom on the main level provide excellent flexibility for guests, family members or a home office. The fully finished walkout basement adds two additional bedrooms, a full bathroom and generous living space, complemented by 9-foot ceilings, a second gas fireplace and direct access to the backyard patio overlooking the pond. With the walkout design, the lower level feels bright, spacious and connected to the outdoors. Recent updates provide added peace of mind, including a new furnace (2024), humidifier (2024) and hot water tank (2023). Additional features include central air conditioning, water softener, central vacuum, fresh paint and professionally cleaned carpets, making this home move-in ready. Outside, enjoy the privacy of a pond-backed lot with no neighbours behind, fenced yard and multiple outdoor living spaces. The triple attached garage offers exceptional room for vehicles, storage, recreational equipment and hobbies. Located in the sought-after community of Rainbow Falls in Chestermere, you're just minutes from Chestermere Lake, parks, pathways, playgrounds, schools, shopping and everyday amenities. Enjoy year-round lakeside recreation including boating, paddleboarding, kayaking, swimming, fishing and winter skating, while remaining within an easy drive of Calgary. If you're searching for a walkout bungalow in Chestermere, a pond-backed home in Rainbow Falls, or a home with a triple attached garage and no neighbours behind, 136 Rainbow Falls Glen is a rare opportunity to enjoy space, privacy and the Chestermere lifestyle in one exceptional package.


Property Details

StyleBungalow
View-
Age of property2015
SqFt~1592.42 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2338569
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 - Primary

16`10" x 14`0"

Bedroom

9`6" x 11`4"


Features

Patio: Balcony(s),Patio

Parking

Garage spaces 3

Garage type -

Other parking spaces 3

Total parking spaces 6


Property History

Aug 31, 2026
ListedActive
$850,000
23 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

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2025

78 days

2024

22 days

2023

39 days

New Listings

Past 30 days

8 listings

Compared to

2025

4 listings

2024

7 listings

2023

6 listings

Units sold

Past 30 days

3 units

Compared to

2025

1 unit

2024

4 units

2023

2 units

Median Sold Price

Past 30 days

$1,059,000

Compared to

2025

$935,000

2024

$790,000

2023

$720,000


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