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240187 Rainbow RD Chestermere, AB T1X 0M8
1.81 Acres Lot
Key Details
Sold Price -
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Rainbow Falls
MLS® Listing ID A2280800
Sold Date -
Annual Tax Amount $7,089
Tax Year 2025
Lot Size 1.810 Acres
Acres 1.81
Property Sub-Type Commercial Land
Source Calgary
Property Description
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.
Location
State AB
County Chestermere
Zoning R-4
Exterior
Fence None
Building
Water Public
Others
Restrictions None Known
Ownership Private
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