pillar/IMG-A2263145_1.jpg
20 days on Market

137 Magenta Cres, Chestermere, Alberta T1X 0K9

Detached
3 + 1
4 + 1
~2604.00 sqft
$899,900
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Detached
3 + 1
4 + 1
~2604.00 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$345/sqft

Monthly cost

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Description

**OPEN HOUSE SATURDAY NOV 1 from 12-2PM** Tucked in one of the most sought-after locations in Chestermere, this stunning two-storey walkout backs directly onto the tranquil Rainbow Falls green space and creek-side pathway. Step outside your back gate to enjoy peaceful walks along the water, surrounded by mature trees and lush landscaping — a true outdoor retreat right at home. Inside, this fully finished residence impresses with thoughtful updates and high-end finishes throughout. The reimagined Chef’s Kitchen now features brand-new stainless steel appliances, elegant granite countertops, custom maple cabinetry with soft-close drawers and under-cabinet lighting, plus a convenient walk-through pantry connecting to the mudroom. Whether preparing an intimate meal or hosting guests, this kitchen delivers both beauty and functionality. Soaring west-facing windows flood the main floor with natural light, framing picturesque views of the creek and park beyond. The inviting great room centers around a full-height stone fireplace — perfect for cozy evenings with family or friends. Upstairs; flowing new carpet, the spacious primary suite provides a true retreat, complete with a spa-inspired 5-piece ensuite featuring heated marble floors, a jetted marble-wrapped tub, dual vanities, and his-and-hers walk-in closets. The walkout lower level is beautifully designed with versatility in mind — featuring an impressive wet bar, built-in Murphy bed, custom wine room, in-ceiling audio, and a sleek 4-piece bath with heated floors and steam shower. Ideal as a guest suite or entertainment space, it’s fully equipped with separate laundry and security systems. Outdoors, the private fenced yard offers multiple gathering spaces — a large deck for summer dining, a cozy fire pit area, and a concrete patio overlooking the natural green space and gently flowing creek. This home truly combines luxury living with the serenity of nature — an exceptional balance of indoor comfort and outdoor beauty.


Property Details

Style2 Storey
View-
Age of property2010
SqFt~2604.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2263145
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX First

Features

Heating: Forced Air,Natural Gas
Basement: Other

Main Floor

Living Room

13`0" x 16`10"

Dining Room

11`6" x 16`1"

Kitchen

13`1" x 18`8"

Breakfast Nook

10`6" x 12`0"


Features

Patio: Deck,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Oct 16, 2025
ListedActive
$899,900
20 days on market
history photo preview48
Listing by pillar 9®
Property listed by RE/MAX First, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

40 days

2023

36 days

2022

43 days

New Listings

Past 30 days

3 listings

Compared to

2024

2 listings

2023

1 listing

2022

4 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

4 units

2022

2 units

Median Sold Price

Past 30 days

$702,250

Compared to

2024

$720,000

2023

$690,000

2022

$654,250


Population and Demographics

Overview

Total population 1592
Average household income $154,950

Age (%)

0 to 19
32%
20 to 34
15%
35 to 49
29%
50 to 64
16%
65 and plus
9%

Household composition (%)

Single family
83%
Single person
12%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
79%
Punjabi (Panjabi)
6%
Vietnamese
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Arabic
2%
Spanish
2%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget