pillar/IMG-A2263145_1.jpg
8 days on Market

137 Magenta Cres, Chestermere, Alberta T1X 0K9

Detached
3 + 1
4 + 1
~2604.00 sqft
$899,900
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Detached
3 + 1
4 + 1
~2604.00 sqft

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Highlights

Property Estimate

Days on market8 days

Estimated valueNot available

Price/Sqft$345/sqft

Monthly cost

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Description

Tucked in one of the most sought-after locations in Chestermere, this stunning two-storey walkout backs directly onto the tranquil Rainbow Falls green space and creek-side pathway. Step outside your back gate to enjoy peaceful walks along the water, surrounded by mature trees and lush landscaping — a true outdoor retreat right at home. Inside, this fully finished residence impresses with thoughtful updates and high-end finishes throughout. The reimagined Chef’s Kitchen now features brand-new stainless steel appliances, elegant granite countertops, custom maple cabinetry with soft-close drawers and under-cabinet lighting, plus a convenient walk-through pantry connecting to the mudroom. Whether preparing an intimate meal or hosting guests, this kitchen delivers both beauty and functionality. Soaring west-facing windows flood the main floor with natural light, framing picturesque views of the creek and park beyond. The inviting great room centers around a full-height stone fireplace — perfect for cozy evenings with family or friends. Upstairs; flowing new carpet, the spacious primary suite provides a true retreat, complete with a spa-inspired 5-piece ensuite featuring heated marble floors, a jetted marble-wrapped tub, dual vanities, and his-and-hers walk-in closets. The walkout lower level is beautifully designed with versatility in mind — featuring an impressive wet bar, built-in Murphy bed, custom wine room, in-ceiling audio, and a sleek 4-piece bath with heated floors and steam shower. Ideal as a guest suite or entertainment space, it’s fully equipped with separate laundry and security systems. Outdoors, the private fenced yard offers multiple gathering spaces — a large deck for summer dining, a cozy fire pit area, and a concrete patio overlooking the natural green space and gently flowing creek. This home truly combines luxury living with the serenity of nature — an exceptional balance of indoor comfort and outdoor beauty.


Property Details

Style2 Storey
View-
Age of property2010
SqFt~2604.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2263145
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX First

Features

Heating: Forced Air,Natural Gas
Basement: See Remarks,Suite

Main Floor

Living Room

13`0" x 16`10"

Dining Room

11`6" x 16`1"

Kitchen

13`1" x 18`8"

Breakfast Nook

10`6" x 12`0"


Features

Patio: Deck,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Oct 16, 2025
ListedActive
$899,900
8 days on market
history photo preview48
Listing by pillar 9®
Property listed by RE/MAX First, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Strong Seller'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

40 days

Compared to

2024

0 day

2023

94 days

2022

39 days

New Listings

Past 30 days

2 listings

Compared to

2024

6 listings

2023

4 listings

2022

5 listings

Units sold

Past 30 days

4 units

Compared to

2024

0 unit

2023

1 unit

2022

7 units

Median Sold Price

Past 30 days

$744,000

Compared to

2023

$850,000

2022

$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