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Reduced $26,000 (2%) from $1,375,900
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291 EAST CHESTERMERE Drive
Beds
5
Baths
4 full + 1 half
Sqft
2,020
Year
1992
Type
Single Family
On market
35d
Welcome to 291 East Chestermere Drive, an exceptional lakefront residence offering a rare opportunity to own directly on Chestermere Lake complete with it's own private dock! Set on an impressive lakefront lot, this home is designed to take full advantage of its setting, with sweeping west and south views of the Lake along with stunning sunsets! Multiple outdoor living areas, including an upper balcony, a covered walk-out patio, and lake facing yard space, create an incredible indoor-outdoor lifestyle. The main living areas are bright and inviting, with large windows framing the lake and bringing in natural light throughout the property! The upper-level primary retreat is a standout, offering generous bedroom space, a private lake-view balcony, large windows, and an electric fireplace. The spa-inspired ensuite has been beautifully updated with dual sinks, a long vanity with excellent storage, stylish mirrors, modern lighting, IN-FLOOR HEAT, a freestanding soaker tub beneath a lake-facing window, and an impressive glass shower with tile surround, pebble-style base, glass shelving and rainfall-style shower head plus a spacious walk-in closet with built-in organizers!. Additional bedrooms offer flexibility for family, guests, or office use, while the bathrooms throughout the home feature updated vanities, tile details, upgraded fixtures, and clean contemporary finishes. The convenient main floor laundry room includes cabinetry, counter space, and tile flooring! The fully developed WALK OUT lower level boasts two additional bedrooms, a full bath, storage and is designed for entertaining, featuring infloor heat, a large recreation area, lake-facing windows, a fireplace with stone surround, and space for lounging, games, fitness, or media. The wet bar is a major highlight, complete with rich cabinetry, expansive counter space, seating, wine storage, glass-front display cabinets, beverage fridge, sink, tile backsplash, and a raised bar with direct walk-out access to the l ake! Outside, this property truly shines. The covered lower patio offers a sheltered lounge area with stamped concrete, recessed lighting, along with an outdoor kitchen/BBQ setup. A spiral staircase connects to the upper deck, while the glass-railed balconies provide elevated lake views. The landscaped backyard includes lawn space, mature trees, a shed and hot tub. With its private dock, undrground sprinkler system, multiple lake-view decks and balconies, walk-out lower level, renovated ensuite, entertaining-focused basement, and remarkable lakefront setting, this is a rare opportunity to own a true Chestermere lakefront property. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.25 Ft x 10.33 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.33 Ft | |
| Bedroom | 11.25 Ft x 10.58 Ft | |
| Family room | 10.83 Ft x 15.17 Ft | |
| Recreational, Games room | 9.42 Ft x 7.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 6.42 Ft x 6.08 Ft | |
| Living room | 10.67 Ft x 15.17 Ft | |
| Family room | 108.00 Ft x 15.17 Ft | |
| Other | 11.92 Ft x 11.25 Ft | |
| Breakfast | 7.08 Ft x 9.42 Ft | |
| Dining room | 11.50 Ft x 12.25 Ft | |
| Pantry | 3.25 Ft x 3.25 Ft | |
| Laundry room | 6.42 Ft x 6.00 Ft | |
| 2pc Bathroom | 9.33 Ft x 4.92 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 19.00 Ft x 17.42 Ft | |
| 5pc Bathroom | 9.00 Ft x 10.17 Ft | |
| Other | 9.17 Ft x 5.92 Ft | |
| Other | 10.58 Ft x 14.00 Ft | |
| Bedroom | 13.75 Ft x 9.08 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| Bedroom | 9.50 Ft x 11.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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 9, 2026.
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.