166 Topaz Gate Chestermere, AB T1X 1V7

$885,000
5
Beds
3.5
Baths
0.13
Acres
2,716
SQFT
326
$/SQFT
$885,000
5
Beds
3.5
Baths
2,716   sf
$326 / sf
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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 three 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.

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 three 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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Chestermere
  • Status
    Active
  • Listing #
    A2235480
  • Built
    2007
  • Lot Size
    0.13
  • Listed on site
    77 days
  • Listing Brokerage
    RE/MAX Complete Realty

Listed by:

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. Last updated: 2025-09-06 14:09:09
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Property details

Community Features

  • No HOA
  • Lake Community

Waterfront

  • Pond front

Exterior features

  • Deck
  • Has garage
  • Garage Attached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full
  • Basement Walk Out

Style

  • Two Story

Property History

DateDays AgoEventNew Price
Sep 6, 20259 days agoPrice decreased13,888 (2%)$885,000
Aug 15, 20251 mo agoPrice decreased112 (0%)$898,888
Aug 2, 20251 mo agoPrice decreased30,000 (3%)$899,000
Jul 14, 20252 mos agoPrice decreased20,000 (2%)$929,000
Jun 29, 20253 mos agoNew on market$949,000
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