OPEN HOUSE 7/12 and 7/13 from 12-4pm! Welcome to 136 Magenta Crescent — an extraordinary custom-built bungalow in the heart of Rainbow Falls, Chestermere. With nearly 1900 sq ft on the main floor, this executive home blends luxury, function, and craftsmanship at every turn. It was custom designed to perfectly fit its expansive 0.2-acre crescent-end lot, offering a rare combination of privacy, curb appeal, and outdoor living space — all nestled in one of the community’s most desirable locations.
Inside, you'll find soaring ceilings, custom niches, and rich hardwood floors. The showpiece kitchen features custom solid wood cabinetry, granite countertops and a large island, hand-laid inlay backsplash, built-in microwave, separate wall oven and electric stovetop, all flowing into the open dining and living space with a stunning feature fireplace and tons of natural light.
Every detail in this home — from built-ins to crown mouldings — is fully custom. “Sunrise” crown accents above each doorway showcase the craftsmanship. At the front, a private office with two large windows offers natural light and elegant millwork. The spacious primary suite features a luxurious ensuite with dual vanities, oversized glass shower, air-jetted tub, and a walk-in closet.
Off the dining area, step onto a spacious elevated deck with vinyl decking, sleek metal and glass railing, and gas line — perfect for BBQs, patio heaters, or an outdoor fireplace. The professionally landscaped yard is a true highlight, with mature trees, manicured lawn, and decorative rock edging with liner surrounding all garden beds and side yards.
The main floor laundry includes cabinetry, sink, and folding counter. Beside it, a mudroom with a bonus shower is ideal for rinsing off after yardwork or garage projects.
The 3-car garage is heated, insulated, and drywalled, with high ceilings for lifts or storage, 220V outlet for tools or EV charging, side tool wall, and ample room for all your toys. Both sides of the home also offer RV or boat parking — incredibly rare.
Downstairs, the huge walkout basement is a blank slate: add bedrooms, a theatre, gym, or a full suite — with in-floor heating rough-in, large windows, and direct backyard access.
Other features include central A/C, new high-efficiency furnace (April 2025), central vacuum system with one set of attachments, and a wired security system (contract-free and ready to activate). Lovingly maintained and pet-free, this home is just steps to the Rainbow Falls waterfall, canal pathways, schools, shops, and dining.
This is the total package — luxury, comfort, and community, all in one.
In Floor Roughed-In, Fireplace(s), Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Unfinished, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stone, Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Mantle, Masonry, Stone
Garage:
1
Garage Spaces:
3
Parking:
220 Volt Wiring, Additional Parking, Aggregate, Enclosed, Front Drive, Garage Door Opener, Heated Garage, Insulated, Oversized, RV Access/Parking, RV Carport, RV Garage, Triple Garage Attached
Parking Places:
6
Parking Total/Covered:
6 /
-
Laundry Features:
Main Level
Rainbow Falls
Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Electric Cooktop, Garage Control(s), Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Furniture/Decor Negotiable, Front Exterior Fountain Included, Side Yard Fountain Excluded
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Foyer
7'9"2.36 m × 6'7"2.01 m
Main Floor
Office
11'6"3.51 m × 11'1"3.38 m
Main Floor
Living Room
17'6"5.33 m × 17'5.18 m
Main Floor
Kitchen With Eating Area
24'3"7.39 m × 20'4"6.20 m
Main Floor
Laundry
9'3"2.82 m × 6'4"1.93 m
Main Floor
Bedroom - Primary
13'11"4.24 m × 13'10"4.22 m
Main Floor
Walk-In Closet
11'4"3.45 m × 6'4"1.93 m
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
11' x 14'6"
Main Floor
No
2
4'11" x 4'11"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Beamed Ceilings, Built-in Features, Central Vacuum, Closet Organizers, Crown Molding, Double Vanity, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, Natural Woodwork, No Animal Home, No Smoking Home, Open Floorplan, Recessed Lighting, Separate Entrance, Soaking Tub, Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s), Wired for Sound
Exterior Features:
Private Yard, Rain Gutters
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Yard, Front Yard, Interior Lot, Irregular Lot, Landscaped, Lawn, Low Maintenance Landscape, Many Trees, Private, Street Lighting, Treed, Views, Yard Drainage
Data was last updated July 12, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
256
Avg list price:
$664,950
Min list price:
$268,800
Max list price:
$4,405,500
Avg days on market:
35
Min days on market:
1
Max days on market:
184
Avg price per sq.ft.:
$364.74
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.
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.