Fall in love with your new home in RAINBOW FALLS - ONE OF CHESTERMERE'S MOST SOUGHT AFTER COMMUNITIES. This FULLY FINISHED EXECUTIVE WALK OUT offers a perfect balance of elegance & functionality and is ideally located BACKING ONTO THE CANAL & PATHWAY. Enjoy the PEACEFUL VIEWS from your backyard, hop on your bike in the summer or build an outdoor rink on the canal in the wintertime. Wonderful curb appeal with immaculate landscaping and a TIMELESS STONE FRONT GARAGE. Just inside the front door you'll find an OPEN FLEX ROOM that you could use as a sitting room, home office, playroom or formal dining room. The main living area is OPEN CONCEPT and HUGE WINDOWS allow for tons of natural light and provide a perfect showcase for your STUNNING SOUTH FACING VIEWS. Even the most discerning chef will fall in love with this well equipped and UPDATED KITCHEN. Complete with CEILING HEIGHT CABINETRY in popular white with plenty of large deep drawers, a CENTRE ISLAND WITH SEATING, GRANITE COUNTERS, GLEAMING HIGH END STAINLESS STEEL APPLIANCES and a corner pantry. The kitchen flows seamlessly into the family room where you'll enjoy a GAS FIREPLACE and the nice sized dining area provides direct access to your back deck - perfect for outdoor dining, entertaining & grilling. A spacious mudroom with bench just off of the garage and a 2 pc powder room round out this level. Upstairs you'll find 3 bedrooms including a LUXURIOUS OWNER'S RETREAT complete with 5 pc ensuite and a huge walk in closet. There is also a GREAT SIZED BONUS ROOM with built in shelving and lots of windows as well as a SECOND BONUS SPACE in between that can be used as an office, games room or maybe a playroom - whatever suits your needs. You'll be wowed by just how much space there is! Enjoy the convenience of an upstairs laundry room located just off of this area and complete with folding counter and storage cabinets. The other 2 bedrooms are also a good sized and there is a full bath with a sliding glass door on the bath tub. Heading downstairs to your FULLY FINISHED WALK OUT BASEMENT where you're going to love to entertain! The family room is finished with a fresh modern feel and includes a small coffee station or bar with beverage fridge, a trendy BARN BOARD FEATURE WALL and the coolest shelf that is actually a secret door to your utility room. A bright and sunny 4TH BEDROOM plus FULL BATH is the perfect private space for guests or as a wonderful retreat for your teen or another family member. Be prepared - they may never want to leave!! Finally get ready for hot summer days & long summer nights in your BEAUTIFUL BACKYARD OASIS. Immaculate and lushly landscaped throughout you can escape the sun on your ground level covered wooden patio and there is still plenty of room for kids or pets to run and play plus there is a fenced in dog run for your fur baby to enjoy. This home really does have it all and you can't beat the location!! Trust us - you're going to love living in Chestermere!