Map
Listed price in listed location currency (CAD).
$659,000

544

MLS® A2309616

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1898 sqft
Garage Yes
Taxes $3,588
Days Active 27
Lot Size 
Approx. Age 2014
Avg. Price Per Sqft $347
MLS® Number A2309616

Property Address: 161 Rainbow Falls Glen, Chestermere, AB, T1X0S5

Average square foot calculated using Size range provided by listing agent.

Description

This home is finally ready to sell. TURN-KEY and packed with potential, this beautifully maintained home in the heart of Chestermere offers the perfect opportunity to live comfortably while creating future rental income. With 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® NumberA2309616
Laundry LevelUpper
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age2014
BasementFull
DrivewayDouble Garage Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Lower LevelNot available
Living Room:Main FloorNot available
Other:Lower LevelNot available
Other:Second FloorNot available
Other:Main FloorNot available
Other:Second FloorNot available
Other:Second FloorNot available
Other:Lower LevelNot available
Other:Lower LevelNot available
Other:Main FloorNot available
Other:Second FloorNot available
Other:Main FloorNot available
Dining Room:Main FloorNot available
Kitchen:Main FloorNot available
Other:Second FloorNot available
Family Room:Lower LevelNot available
Other:Second FloorNot available
Other:Second FloorNot available

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

--

Today, For Sale for $659,000

For Sale · 27 days

$659,000

MLS® A2309616

A month ago

Not Sold Yet

May 2026, For Sale for $659,000

For Sale · 27 days

$659,000

MLS® A2309616

A month ago

Not Sold Yet

February 2026, Expired for $640,000

Expired · 72 days

$640,000

MLS® A2273175

4 months ago

Canceled on Feb 17, 2026

Real estate boards require that you sign in to see the full details of this property. Log in or sign up to see price history.

Home Estimate Zoopraisal®

This property is estimated to sell between: $659,000 and $940,000.
Similar properties in this area sold on average for: $845,803
Expected to sell in 21 days. Similar properties sold in 48 days. This home has been on Zoocasa for 27 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties