ActivePrice reduced

$849,900

37 RAINBOW FALLS BoulevardRainbow Falls, Chestermere, AB T1X 0S9

  • 5 beds
  • 4 baths
  • 2,368 sq ft
  • Detached

Listing courtesy of eXp Realty · MLS® A2335091

About this home

FORMER SHOWHOME | MASSIVE CORNER LOT | 4-CAR GARAGE | FINISHED LEGAL BASEMENT SUITE | EXPANSIVE COMPOSITE DECK WITH HOT TUB | SOARING OPEN-TO-ABOVE LIVING ROOM WITH DOUBLE-HEIGHT WINDOWS | CUSTOM EXTERIOR LIGHTING WRAPPING THE ENTIRE HOME | * Experience luxury, space, AND exceptional value in this stunning property offering OVER 3,375 SQ. FT. Of beautifully finished living space, 5 BEDROOMS, 4 BATHROOMS, and an incredible combination of upscale finishes, thoughtful design, and income-generating potential in the highly sought-after community of RAINBOW FALLS. From the moment you step inside, you're welcomed by a GRAND CURVED STAIRCASE and impressive OPEN FOYER that leads into a breathtaking OPEN-TO-ABOVE GREAT ROOM featuring SOARING DOUBLE-HEIGHT WINDOWS that flood the home with natural light. A beautiful FIREPLACE anchors the spacious living area, creating the perfect setting for both everyday living and entertaining. The CHEF-INSPIRED KITCHEN is beautifully appointed with PREMIUM WOLF APPLIANCES, including a GAS COOKTOP, BUILT-IN OVEN, AND MICROWAVE, complemented by GRANITE COUNTERTOPS, a LARGE CENTRE ISLAND, abundant cabinetry, and a functional layout designed for gathering with family and friends. QUARTZ COUNTERTOPS in every bathroom continue the home's high-end finishes throughout. One of the home's most valuable features is the FULLY LEGAL 2-BEDROOM BASEMENT SUITE, complete with a PRIVATE COVERED SIDE ENTRANCE, FULL BATHROOM, DEDICATED LAUNDRY ROOM, and a thoughtfully designed layout that is READY TO GENERATE RENTAL INCOME or provide comfortable accommodations for extended family. Step outside into your own private backyard retreat featuring an EXPANSIVE COMPOSITE DECK, HOT TUB, BBQ GAS LINE, and a BEAUTIFULLY TREE-LINED BACKYARD that creates the perfect backdrop for relaxing or entertaining. As evening falls, the home's CUSTOM EXTERIOR LIGHTING WRAPS THE ENTIRE PROPERTY, delivering exceptional curb appeal and making this home truly stand out day and night. The INSULATED ATTACHED 4-CAR GARAGE offers exceptional space for vehicles, toys, hobbies, or additional storage, while the PREMIUM CORNER LOT provides enhanced privacy, impressive curb appeal, and extra outdoor space. Located just moments from GLENMORE TRAIL, you'll enjoy QUICK AND CONVENIENT ACCESS TO CALGARY while living in one of Chestermere's most established and desirable communities, known for its scenic pathways, waterfalls, parks, and family-friendly atmosphere. Combining SHOWHOME QUALITY, LUXURY FINISHES, INCOME-GENERATING POTENTIAL, and an UNBEATABLE LOCATION, this is a rare opportunity to own one of RAINBOW FALLS' most exceptional homes. BOOK YOUR SHOWING NOW!

Key facts

Type
Detached
Style
2 Storey
Year built
2015
Living area
2,368 sq ft
Lot
7,131 sq ft
Bedrooms
5 (3 above grade, 2 below)
Bathrooms
3 full, 1 half
Basement
Full, Finished
Parking
4-car garage, 8 spaces total
Price per sq ft
$359
Days on market
65
Listed
August 6, 2026
Community
Rainbow Falls
Municipality
Chestermere

Features

Interior

Features
Built-in Features, Ceiling Fan(s), Double Vanity, French Door, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Recessed Lighting, See Remarks, Separate Entrance, Soaking Tub, Walk-In Closet(s)
Appliances
Bar Fridge, Built-In Gas Range, Dishwasher, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Central, Fireplace(s), Forced Air, See Remarks
Cooling
Central Air
Fireplaces
1 (Gas, Living Room)
Laundry
In Unit, Laundry Room, Upper Level
Basement features
Separate/Exterior Entry, Walk Up
Included
HOT TUB

Suite

Suite
Yes
Details
Basement
Location
Suite Attached/Within Primary Dwelling
Legal suites
1

Building

Structure
House
Levels
Two
Construction
Concrete, Stone, Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Builder
Douglas Homes

Exterior & lot

Exterior
Barbecue, BBQ gas line, Private Entrance, Private Yard
Lot
Back Yard, Corner Lot, Front Yard, Gazebo, Lake, Landscaped, Lawn, Open Lot, See Remarks, Street Lighting
Patio / porch
Deck, Pergola, See Remarks
Fencing
Fenced
Front faces
E
Lot size
7,131 sq ft
Zoning
R-1

Parking

Garage spaces
4
Total parking
8
Details
Concrete Driveway, Driveway, Front Drive, Garage Faces Front, Insulated, Oversized, Paved, Quad or More Attached, See Remarks

Condo / HOA

Restrictions
Utility Right Of Way
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Rooms

RoomLevelSize
Living RoomMain15'4" x 15'0"
KitchenMain7'9" x 15'0"
Dining RoomMain7'9" x 15'0"
OfficeMain10'3" x 9'11"
OtherMain35'4" x 25'11"
2pc BathroomMain4'10" x 4'10"
Bedroom - PrimarySecond12'5" x 15'4"
5pc Ensuite bathSecond10'2" x 14'11"
BedroomSecond10'11" x 12'3"
4pc BathroomSecond10'2" x 8'5"
Family RoomSecond19'1" x 16'2"
BedroomSecond10'3" x 11'1"
LaundrySecond7'2" x 7'9"
Walk-In ClosetSecond4'9" x 11'10"
Game RoomBasement16'11" x 14'3"
BedroomBasement12'6" x 10'8"
BedroomBasement12'0" x 9'11"
KitchenBasement9'6" x 7'9"
3pc BathroomBasement8'0" x 8'0"
StorageBasement9'7" x 6'8"

Location

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Monthly cost estimate

Estimated monthly payment$3,989
  • Mortgage $3,989

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 $59,990.

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Listing last updated: Oct 2, 2026, 10:20 p.m.