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Reduced $15,000 (2%) from $875,000
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136 Rainbow Falls Glen
Beds
4
Baths
3
Sqft
1,592
Year
2015
Type
Single Family
On market
40d
OPEN HOUSE: June 7 | 1:00–3:00 PM | Welcome to this beautifully maintained walkout bungalow in the sought-after community of Rainbow Falls, located in the vibrant lakeside city of Chestermere. Backing directly onto a serene recirculating pond, this rare offering provides nearly 1,600 sq ft of thoughtfully designed living space with stunning water views—perfect for those seeking the ease of main floor living just a short drive to Calgary.The main floor features soaring 11-foot ceilings and an open-concept layout, highlighted by large windows in the living room that showcase the tranquil pond setting. The modern kitchen is equipped with granite countertops, stainless steel appliances, a built-in oven, and a built-in microwave—perfect for both everyday living and entertaining. The spacious primary bedroom overlooks the pond, offering a peaceful start to your day, and features a large ensuite for added comfort and privacy.With a total of 4 bedrooms and 3 full bathrooms, this home is ideal for families or those seeking functional space. The fully finished walkout basement boasts 9-foot ceilings and opens onto a patio that also overlooks the pond, creating seamless indoor-outdoor living.Recent upgrades include a new furnace (2024), humidifier (2024), and hot water tank (2023), along with the added comfort of central air conditioning, a water softener system, and central vacuum. Fresh paint and recently professionally cleaned carpets make this home truly move-in ready. A rare triple attached garage provides ample space for vehicles, storage, and hobbies.Enjoy close proximity to Chestermere Lake, where residents can take advantage of year-round recreation including boating, paddleboarding, kayaking, swimming, fishing, and winter skating. With nearby boat launches, beaches, scenic pathways, parks, and schools, this home offers an exceptional lakeside lifestyle in a family-friendly community. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.08 Ft | |
| Bedroom | 16.33 Ft x 13.58 Ft | |
| Bedroom | 12.58 Ft x 12.00 Ft | |
| Recreational, Games room | 16.42 Ft x 35.25 Ft | |
| Furnace | 11.17 Ft x 16.25 Ft | |
| Other | 4.75 Ft x 10.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 8.08 Ft | |
| 4pc Bathroom | 11.92 Ft x 10.08 Ft | |
| Bedroom | 11.33 Ft x 9.50 Ft | |
| Dining room | 8.92 Ft x 9.25 Ft | |
| Family room | 16.08 Ft x 16.92 Ft | |
| Foyer | 8.42 Ft x 6.67 Ft | |
| Kitchen | 21.58 Ft x 10.17 Ft | |
| Living room | 8.08 Ft x 9.92 Ft | |
| Other | 7.58 Ft x 6.92 Ft | |
| Primary Bedroom | 14.00 Ft x 16.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
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Inspection considerations
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Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.