ActivePrice reduced

$799,900

76 Rainbow Falls BoulevardRainbow Falls, Chestermere, AB T1X 0S6

  • 4 beds
  • 4 baths
  • 2,286 sq ft
  • Detached

Listing courtesy of eXp Realty · MLS® A2316289

Virtual tour

About this home

Welcome to 76 Rainbow Falls Blvd, a former Douglas Homes showhome offering over 2,285 sq. ft. above grade, a triple garage and fully developed walkout basement currently configured as a one-bedroom illegal suite and operated as an Airbnb. Located in sought-after Rainbow Falls, this property combines an impressive family home with excellent flexibility for extended family, guests or additional income potential.

The main floor is bright and spacious, featuring a welcoming foyer, dedicated office, large living room with fireplace, dining area and a generous kitchen with breakfast bar and walkthrough pantry. A convenient mudroom provides direct access to the garage, while the office offers an ideal work-from-home space or additional flexibility for a busy household. Extra-tall interior doors add to the home's distinctive former-showhome character.

Upstairs, you'll find 3 bedrooms, 2 full bathrooms, upper-floor laundry and a large bonus room perfect for movie nights, a playroom or additional family space. The spacious primary retreat features a 5-piece ensuite with soaker tub, separate shower and double vanity, along with a walk-in closet that connects directly through to the laundry room—a thoughtful and convenient design.

The fully developed walkout basement adds another level of versatility and is currently configured as a one-bedroom illegal suite used as an Airbnb. It features a large bedroom, 3-piece bathroom, kitchen, dining area and spacious recreation/living room, creating a comfortable and functional lower-level living space with direct access outside.

Step outdoors to enjoy the large upper deck and private backyard, with the walkout level extending the usable outdoor living space. The triple garage features three individual garage doors and openers, providing excellent parking, storage and everyday functionality.

Rainbow Falls is known for its pathways, water features and family-friendly atmosphere, with schools, playgrounds, restaurants, shopping and everyday amenities within easy reach. Chestermere Lake is just minutes away, offering year-round recreation including boating, kayaking, swimming, skating and ice fishing.

With over 2,285 sq. ft. above grade, 4 bedrooms across all three levels, 3.5 bathrooms, a triple garage, dedicated office, bonus room and walkout illegal suite, this former showhome offers a rare combination of space, versatility and income potential in one of Chestermere's most desirable communities.

Key facts

Type
Detached
Style
2 Storey
Year built
2013
Living area
2,286 sq ft
Lot
5,154 sq ft
Bedrooms
4 (3 above grade, 1 below)
Bathrooms
3 full, 1 half
Basement
Full, Finished
Parking
3-car garage, 6 spaces total
Price per sq ft
$350
Days on market
46
Listed
August 25, 2026
Community
Rainbow Falls
Municipality
Chestermere

Features

Interior

Features
Built-in Features, French Door, Granite Counters, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Separate Entrance, Sump Pump(s)
Appliances
Central Air Conditioner, Dishwasher, Dryer, Electric Range, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Forced Air, Natural Gas
Cooling
Central Air
Fireplaces
1 (Gas, Living Room, Mantle, Tile)
Laundry
Laundry Room, Upper Level
Basement features
Separate/Exterior Entry, Walk Out
Included
Basement: Refrigerator. Electric stove, Hood fan, Projector, Weighs in the garage/gym equipment and treadmill

Suite

Suite
Yes
Details
Basement
Location
Suite Attached/Within Primary Dwelling

Building

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

Exterior & lot

Exterior
Balcony, Private Entrance, Private Yard
Lot
Back Yard, Front Yard, Landscaped, Level, No Back Lane, Private, Rectangular Lot
Patio / porch
Patio
Fencing
Fenced
Front faces
W
Lot size
5,154 sq ft
Zoning
R-1

Parking

Garage spaces
3
Total parking
6
Details
Concrete Driveway, Insulated, Oversized, Triple Garage Attached

Condo / HOA

Restrictions
Utility Right Of Way
Ownership
Not a Condo

Land & rural

Legal land description
NW-3-24-28-W4
Title
Fee Simple

Community

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

Rooms

RoomLevelSize
2pc BathroomMain4'8" x 5'0"
Dining RoomMain15'6" x 7'9"
FoyerMain10'2" x 6'8"
KitchenMain15'7" x 14'0"
Living RoomMain13'7" x 15'7"
OfficeMain10'0" x 9'11"
4pc BathroomSecond9'10" x 7'3"
5pc Ensuite bathSecond15'3" x 11'2"
BedroomSecond10'0" x 12'3"
BedroomSecond9'10" x 10'5"
Family RoomSecond18'1" x 13'8"
LaundrySecond6'2" x 5'5"
Bedroom - PrimarySecond13'7" x 16'9"
3pc Ensuite bathSuite9'6" x 5'1"
BedroomSuite12'0" x 17'3"
Dining RoomSuite11'1" x 17'3"
KitchenSuite3'11" x 17'3"
Game RoomSuite18'0" x 15'4"
Furnace/Utility RoomSuite9'6" x 11'9"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$3,755
  • Mortgage $3,755

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 $54,990.

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Listing last updated: Sep 25, 2026, 3:50 p.m.