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Home Communities Rainbow Falls 148 Rainbow Falls Glen
$974,900 Active
148 Rainbow Falls Glen · Chestermere · T1X 0S5
5 bd 4.0 ba 2,556 sqft $381/sqft Built 2015
MLS® A2329472 · Listed Jul 15, 2026
Listed by CIR Realty — Kim Milford
By the numbers

How this listing measures up

$/sqft $381
vs Rainbow Falls median +43% community avg $682K
Sqft per bedroom 511
Year built 2015
Annual taxes $5,108 2025
Garage 4 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $381/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 · $381
Other active listings This listing's price range This listing

About this property

BEAUTIFUL HOME WITH 4 CAR GARAGE BACKING ONTO POND AND PATHWAY! With over 3,595 sq.ft. of living space and 5 bedrooms, it has plenty of room for the whole family. Entering this stunning home you'll notice the beautifully updated stone accent wall with bench, all new lighting throughout and the special touches added to each and every room. The open bright kitchen, living and dining area looks out to great views of the pond and walking paths. The beautiful kitchen has been updated with a new stone backsplash with pot filler. An accessible walk-though pantry makes it easy to bring in the groceries from the garage. The dining room has access to the huge composite deck looking out over the yard, pond and pathway. An office is located conveniently right off of the living room. Tuck away all the jackets and shoes in the cute mudroom at the entry to the garage. The upper level features a huge bonus room with lots of built-ins for storage and bright windows. The primary bedroom overlooks the pond and pathway and features a large ensuite with separate bath and shower, and his and her sinks. 3 more additional bedrooms upstairs all with jack-n-jill style bathrooms attached to them. One bedroom even features a climbing wall! Put your own final touches in the walk-out lower level. One bedroom has already been completed, and a washroom can be easily added. Plenty of indoor parking in the dream 4 car heated garage even with it's own a small bathroom and small washer/dryer in it as well. Enjoy relaxing in the shade on the lower level patio or soak in the hot tub. The big back yard has a great play structure and still plenty of space to play on the lawn. Cute stone garden shed is perfect for hiding away all the garden supplies. Go for a nice stroll right out the back gate and onto the walking path around the pond. The location is great with lots of walking and bike paths, shopping and schools nearby. This home must be seen to be appreciated!

Property details

Bedrooms5
Bathrooms4.0
Style2 Storey
HeatingForced Air
CoolingCentral Air
FlooringCarpet,Ceramic Tile,Hardwood
LevelsTwo
BasementFull
Basement developmentPartially Finished
Interior featuresCeiling Fan(s),Closet Organizers,Double Vanity,Kitchen Island,Pantry,Soaking Tub,Stone Counters,Wired for Sound
AppliancesBuilt-In Oven,Dishwasher,Electric Cooktop,Garage Control(s),Range Hood,Refrigerator,See Remarks
Inclusionsn/a
LaundryUpper Level
Lot size5715.00 sqft
Frontage52 ft
Lot featuresBack Yard,Backs on to Park/Green Space,Front Yard,Lawn,Level,No Neighbours Behind
Exterior featuresPrivate Entrance,Storage
FencingFenced
PatioDeck,Patio
Year built2015
Construction materialsStone,Stucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresQuad or More Attached
Garage spaces4
Parking total8
Annual taxes$5,108
Tax year2025
Possession45 days / Neg
ZoningR-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresPark,Playground,Pond,Schools Nearby,Shopping Nearby,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: CIR Realty — Kim Milford.