Rainbow Falls, Chestermere · MLS® A2316289
446
2,286 sq ft · 5,154 sq ft lot · House · Single Family · built 2013 · 60 days on market
listed by Adnan Ali Assaf, eXp Realty
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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about $4,945 a year
The asking price times Chestermere's 2026 residential rate of 6.18 per $1,000 (municipal and education).
The listing shows $5,075 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 42/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 grocery store, 1 place to eat or drink, 5 parks and playgrounds, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.