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. Note: The owners are licensed associates in the province of Alberta and hold a personal ownership interest in the subject property.
Property Details
Price:
$2,700,000
MLS #:
A2280800
Status:
Active
Baths:
0
Type:
Land
Subtype:
Commercial Land
Subdivision:
Rainbow Falls
Listed Date:
Jan 21, 2026
Lot Size:
78,843 sqft / 1.81 acres (approx)
See this Listing
Schools
Interior
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Financial
Map
Community
- Address240187 Rainbow Road Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 0M8
Market Summary
Current real estate data for Land in Chestermere as of May 16, 2026
6
Land Listed
173
Avg DOM
$2,841,773
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 $2,700,000 and features 2 acres. To schedule a showing of MLS#a2280800 at 240187 Rainbow Road in Chestermere, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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240187 Rainbow Road
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