Chestermere Real Estate | Homes for Sale in Chestermere Alberta Chestermere Real Estate

Discover a wide range of Chestermere real estate options, offering everything from affordable family homes to luxury lakefront properties. Situated just east of Calgary, Chestermere is a thriving lakeside community perfect for those seeking a blend of suburban living and recreational opportunities.

Explore homes for sale in Chestermere Alberta, including lakefront homes with private docks and stunning views. These properties provide an unmatched lifestyle for water enthusiasts and those who value breathtaking scenery.

For those looking for newer designs, consider new construction homes in Chestermere Alberta with modern features and energy-efficient upgrades. These homes offer contemporary layouts and smart home technology, ensuring comfort and convenience for today’s buyers.

Affordable options, such as homes in Chestermere under $500,000, are ideal for first-time buyers or those seeking value without compromising on quality. With large lots, family-friendly neighborhoods, and proximity to parks and schools, Chestermere offers a perfect setting for families.

Start your search today and experience the vibrant community, scenic landscapes, and exceptional homes Chestermere has to offer.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

Chestermere Real Estate | Scenic Homes & Lakefront Properties

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166 Topaz Gate
Rainbow Falls Chestermere T1X 0B1

$899,000
Residential beds: 5 baths: 4.0 2,716 sq. ft. built: 2007

Main Photo: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 1: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 2: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 3: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 4: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 5: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 6: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 7: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 8: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
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Photo 24: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
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Photo 30: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Photo 31: 166 Topaz Gate in Chestermere: Rainbow Falls Detached for sale : MLS®# A2281886
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2281886
Bedrooms:
5
Bathrooms:
4
Year Built:
2007
This STUNNING walkout onto Rainbow Falls pond is a must see! Featuring 5 bedrooms, theatre room, and panoramic water views, at 3850 sq.ft of space, this executive home blends size, style, and serenity in one of Chestermere’s most sought-after communities. Step inside to a bright and open main level with soaring ceilings, expansive windows framing the water, and a chef-inspired kitchen with granite counters, rich cabinetry, and a large centre island—perfect for family living and entertaining. The living room is anchored by a cozy fireplace, while the dining area opens to a deck overlooking the pond, creating an effortless indoor-outdoor flow. A second formal dining room, front office and sleek butler’s pantry round out the main floor. Upstairs, the spacious primary suite offers breathtaking views, a spa-like ensuite, and a generous walk-in closet, complemented by two additional bedrooms, full bath and incredible media bonus room. The walkout lower level is fully finished with spacious rec room with fireplace, wet bar, two additional bedrooms and full bathroom. Outside, the landscaped yard and covered patio invite year-round enjoyment of the peaceful waterfront setting. New items as of 2022 are Hot Water Tank, Thermadore Gas Stove, Microwave, Washer, Dryer, Bar Fridge, Dishwasher, basement fridge and microwave. With its refined updates, theatre and entertainment spaces, in-floor heated basement, and unbeatable location, this property delivers the lifestyle buyers dream about—whether it’s hosting friends, relaxing by the fire, or watching sunsets over the pond.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
2,716 sq. ft.
Main Level Finished Area:
1,294 sq. ft.
Upper Level Finished Area:
1,422 sq. ft.
Below Grade Finished Area:
1,226 sq. ft.
Acreage:
No
Lot Area:
5,802 sq. ft.
Lot Frontage:
39'½"
Front Exposure:
Northwest
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2007 (Age: 19)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0716019
Heating:
Fireplace(s), Forced Air
Basement:
Full, Finished, Walk Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Cork, Hardwood
Cooling:
None
Fireplaces:
2
Fireplace Details:
Gas
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Rainbow Falls
See Remarks
garburator, dishwasher, microwave, refrigerator, main floor bar fridge, Thermador gas range, basement bar fridge, basement microwave, bonus room sound system, projector, screen, electronic components in bonus room, primary bedroom tv and mount, window coverings, garage remote(s), doorbell camera
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
12' × 11'7"
Main Floor
Office
10'11" × 10'5"
Main Floor
Laundry
9'8" × 7'
Main Floor
Dining Room
13'4" × 9'9"
Main Floor
Family Room
16' × 12'4"
Main Floor
Kitchen
15'10" × 10'1"
Main Floor
Pantry
5'9" × 4'3"
Upper Level
Bedroom
12' × 11'7"
Upper Level
Bonus Room
19'8" × 13'7"
Upper Level
Bedroom
12' × 11'10"
Upper Level
Bedroom - Primary
22' × 13'
Lower Level
Bedroom
14'1" × 8'11"
Lower Level
Furnace/Utility Room
11'4" × 10'11"
Lower Level
Bedroom
13'10" × 12'7"
Lower Level
Game Room
35'11" × 16'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Upper Level
No
4
Upper Level
Yes
5
Lower Level
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Built-in Features, Closet Organizers, Double Vanity, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, Pantry, Separate Entrance, Sump Pump(s), Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s), Wet Bar
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s), Deck, Front Porch, Patio
Lot Features:
Backs on to Park/Green Space, No Neighbours Behind, Pie Shaped Lot, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Chestermere
Zoning:
R1
Listed Date:
Jan 27, 2026
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Listed by RE/MAX Complete Realty
Data was last updated January 29, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
188
Avg list price:
$689,495
Min list price:
$269,900
Max list price:
$4,405,500
Avg days on market:
47
Min days on market:
1
Max days on market:
210
Avg price per sq.ft.:
$354.44
These statistics are generated based on the current listing's property type and located in Chestermere. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Here are a few ways to make it easy for you to get in touch with Diane Richardson:

  1. Contact form: Use the contact form on my website to send me a message directly. Please include your name, email address, and a message.

  2. Phone number: You can call me directly with any questions or to schedule viewings at 403.397.3706.

  3. Email address: Feel free to reach out via email at Diane@Mypadcalgary.com with any questions or requests for more information.

  4. Live chat: Use the live chat feature on this website to get in touch with me in real-time for immediate answers to your questions.

    Please remember to include the property address or MLS® number for the listing you are interested in.

WHAT ARE THE NEWEST COMMUNITIES IN CHESTERMERE?  (AUGUST 2021)?

Chestermere, Alberta is a growing city with several new communities being developed to accommodate the increasing demand for housing. Here are some of the new communities in Chestermere:

  1. Dawson's Landing: A new lakeside community featuring a range of single-family homes, townhouses, and condos.

  2. Kinniburgh: A master-planned community featuring a mix of residential and commercial development, including single-family homes, townhouses, and commercial spaces.

  3. Westmere: A growing community with a range of housing options, including single-family homes, townhouses, and condos.

  4. Rainbow Falls: A well-established community with a mix of new and existing homes, located near parks, schools, and amenities.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.