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Home Communities Rainbow Falls 188 Magenta Crescent
$929,900 Active
188 Magenta Crescent · Chestermere · T1X 1C7
5 bd 4.0 ba 2,404 sqft $387/sqft Built 2009
MLS® A2325760 · Listed Jul 1, 2026
Listed by Real Estate Professionals Inc. — Olivia Ohuegbe
By the numbers

How this listing measures up

$/sqft $387
vs Rainbow Falls median +36% community avg $682K
Sqft per bedroom 481
Year built 2009
Annual taxes $4,200 2026
Garage 3 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $387/sqft sits in the $350–400 range.
$200–$250/sqft · 2 listings $250–$300/sqft · 11 listings $300–$350/sqft · 10 listings $350–$400/sqft · 3 listings $400–$450/sqft · 1 listing $450–$500/sqft · 0 listings $500–$550/sqft · 2 listings $550–$600/sqft · 1 listing $200 $250 $300 $350 $400 $450 $500 $550 $600 This · $387
Other active listings This listing's price range This listing

About this property

MODERN LIVING AT ITS BEST! This home boasts of 5 bedrooms, 3.5 bathrooms, triple car garage with RV parking and loads of state of the art upgrades. Walking up to the front door you first land on the covered front porch for a nice sit-out during those nice spring, summer and fall days ( without snow). Enter in to gleaming hardwood floors all through the main floor. To the right of the spacious foyer is the den/home office with a huge window that brings in natural light. As you proceed you are greeted with the warmly beautiful ambience of an open-concept layout. Living room, kitchen and dining flowing in harmonious rhythm. The walk through pantry flows into the mudroom and laundry room. The cabinetry in the mudroom/laundry is just functional and amazing. Come up the stairs Into a bonus room with a flood of natural light. From there you access two good size rooms and a 4 pace bathroom. Down the hall, the huge primary bedroom adorned with a 5PCE LUXURIOUS SPA. You have to see this for yourself to really appreciate the full value. On the lower level yo have huge REC area and Flex room. Then 2 bedrooms and a 3pce bathroom completes the living arrangement on the lower level. NEW FURNACE INSTALLED JANUARY 2024. NEW HOT WATER TANK INSTALLED FEBRUARY 2025. The low maintenance landscape has stone work on the patio, mature trees from the side of the property and lining the fence enclosing a huge backyard. This property is situated within walking distance of amenities in the sprawling city of Chestermere. This one will not last. Call today for your private viewing.

Property details

Bedrooms5
Bathrooms4.0
Style2 Storey
HeatingFireplace(s),Forced Air,Natural Gas
CoolingNone
FlooringCarpet,Ceramic Tile,Hardwood,Laminate
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,Central Vacuum,Chandelier,Closet Organizers,Granite Counters,Jetted Tub,Pantry
AppliancesDishwasher,Dryer,Garage Control(s),Gas Stove,Humidifier,Microwave Hood Fan,Refrigerator,Washer,Window Coverings
InclusionsNA
LaundryMain Level
Lot size6426.00 sqft
Frontage116.48 ft
Lot featuresBack Yard,Few Trees,Front Yard,Lawn,Low Maintenance Landscape,No Back Lane,Rectangular Lot
Exterior featuresPrivate Entrance,Private Yard,RV Hookup
FencingFenced
PatioFront Porch,Patio
Year built2009
Construction materialsBrick,Stone,Vinyl Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresPaved,Triple Garage Attached
Garage spaces3
Parking total5
Annual taxes$4,200
Tax year2026
Possession60 Days / Neg
ZoningR-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresGolf,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Rainbow Falls

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About Rainbow Falls

AI-generated summary

Rainbow Falls is a family-oriented lakeside community in Chestermere with a relaxed, suburban feel centred around scenic pond and pathway systems.

31 active listings with an average list price of $674,690
Homes are averaging 38 days on market, suggesting a measured pace of sales
Located just east of Calgary's city limits within the City of Chestermere
Housing
Predominantly detached single-family homes with some townhomes, many featuring larger lots typical of east Calgary's suburban developments.
Transit
Car-dependent with limited transit options; proximity to 17th Avenue SE and Stoney Trail supports easy commuting by vehicle.
Amenities
Residents enjoy nearby Chestermere Lake, local shops along Rainbow Road, and convenient access to East Hills Shopping Centre for major retail.
Who lives here
Primarily young and established families drawn by larger homes, good schools, and an outdoor lifestyle near the water.
Full Rainbow Falls community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Real Estate Professionals Inc. — Olivia Ohuegbe.