This property represents a rare opportunity to capitalize on the shift toward luxury condominium living. With limited supply of new, high quality developments in the area, a well-designed project here has the potential to stand out as a signature address and achieve premium absorption rates. 1.) Prestigious Location– Ideally situated in a sought-after neighbourhood with convenient access to major routes, shopping, dining, recreation, and transit. 2.) Strong Market Demand– Increasing appetite for high end, lock-and-leave lifestyles makes this site ideal for boutique condos that attract professionals, downsizers, and investors. 3.) Design Potential– Spacious site allows for an architecturally striking build with underground parking, luxury amenities, and premium finishes to command top market value. 4.) Lifestyle Appeal– Close to green spaces, walking paths, and community amenities, this is the perfect setting for exclusive urban-style residences without sacrificing tranquility.
Property Details
Price:
$3,100,000
MLS #:
A2261473
Status:
Active
Baths:
0
Type:
Land
Subtype:
Commercial Land
Subdivision:
Rainbow Falls
Listed Date:
Oct 3, 2025
Lot Size:
78,843 sqft / 1.81 acres (approx)
See this Listing
Schools
Interior
Exterior
Outbuildings
Other
Financial
Map
Community
- Address240187 Rainbow Road Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 0M8
Subdivisions in Chestermere
- Bridgeport
- Chelsea_CH
- Chestermere Estates
- Chesterview Estates
- Dawson\’s Landing
- East Chestermere
- East Lakeview Shores
- Kinniburgh North
- Kinniburgh South
- Lakepointe
- Lakeside Greens
- Lakeview Landing
- McIvor
- North Acreages
- Rainbow Falls
- South Shores
- The Beaches
- The Cove
- Waterford
- Waterford Estates
- West Chestermere Drive
- West Creek
- Westmere
Market Summary
Current real estate data for Land in Chestermere as of Oct 04, 2025
8
Land Listed
204
Avg DOM
$2,952,080
Avg List Price
Property Summary
- Located in the Rainbow Falls subdivision, 240187 Rainbow Road Chestermere AB is a Land for sale in Chestermere, AB, T1X 0M8. It is listed for $3,100,000 and features 2 acres. To schedule a showing of MLS#a2261473 at 240187 Rainbow Road in Chestermere, AB, contact your Real Broker agent at 403-903-5395.
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240187 Rainbow Road
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