Active

$850,000

136 Rainbow Falls GlenRainbow Falls, Chestermere, AB T1X 0S5

  • 4 beds
  • 3 baths
  • 1,592 sq ft
  • Detached

Listing courtesy of Real Broker · MLS® A2338569

Virtual tour

About this home

Welcome to 136 Rainbow Falls Glen, a beautifully maintained walkout bungalow in Rainbow Falls, Chestermere, backing directly onto a peaceful recirculating pond with no neighbors 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.

Key facts

Type
Detached
Style
Bungalow
Year built
2015
Living area
1,592 sq ft
Lot
5,751 sq ft
Bedrooms
4 (2 above grade, 2 below)
Bathrooms
3 full
Basement
Full, Finished
Parking
3-car garage, 6 spaces total
Price per sq ft
$534
Days on market
40
Listed
August 31, 2026
Community
Rainbow Falls
Municipality
Chestermere

Features

Interior

Features
Kitchen Island, Open Floorplan, See Remarks, Soaking Tub, Vaulted Ceiling(s)
Appliances
Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
Flooring
Carpet, Hardwood, Tile
Heating
Forced Air
Cooling
Central Air
Fireplaces
2 (Gas)
Laundry
In Basement
Basement features
Walk Out
Included
Hood Fan, Mini Fridge in Basement, Freezer in Garage

Suite

Suite
No

Building

Structure
House
Levels
One
Construction
Stone, Stucco, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Exterior
Other
Lot
Back Yard, Backs on to Park/Green Space, Creek/River/Stream/Pond, No Neighbours Behind
Patio / porch
Balcony(s), Patio
Fencing
Fenced
Front faces
N
Lot size
5,751 sq ft
Zoning
R-1

Parking

Garage spaces
3
Total parking
6
Details
Triple Garage Attached

Condo / HOA

Restrictions
Utility Right Of Way
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Park, Playground, Schools Nearby, Shopping Nearby

Rooms

RoomLevelSize
4pc BathroomMain8'1" x 5'0"
4pc Ensuite bathMain10'1" x 11'11"
BedroomMain9'6" x 11'4"
Dining RoomMain9'3" x 8'11"
Family RoomMain16'11" x 16'1"
FoyerMain6'8" x 8'5"
KitchenMain10'2" x 21'7"
Living RoomMain9'11" x 8'1"
Mud RoomMain6'11" x 7'7"
Bedroom - PrimaryMain16'10" x 14'0"
4pc BathroomBasement8'1" x 4'11"
BedroomBasement13'7" x 16'4"
BedroomBasement12'0" x 12'7"
Game RoomBasement35'3" x 16'5"
Furnace/Utility RoomBasement16'3" x 11'2"
Walk-In ClosetBasement10'7" x 4'9"

Location

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Monthly cost estimate

Estimated monthly payment$3,990
  • Mortgage $3,990

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $60,000.

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Listing last updated: Oct 6, 2026, 10:00 p.m.