Introducing this meticulously maintained 2-story Truman-built home in the highly sought-after community of Rainbow Falls, Chestermere. Perfectly located, this home offers easy walking access to nearby elementary, Catholic, and middle schools, and is just minutes from local shopping and East Hills. Designed for comfort and family living, the home welcomes you with an open-concept layout and an impressive DOUBLE-SIDED gas fireplace with beautiful built-in's that provides warmth to both the spacious front living room and the heart of the home. The kitchen is a chef’s delight, featuring an oversized island, granite countertops, stainless steel appliances, and abundant cabinetry, along with a walk-in pantry for extra storage. A conveniently located mudroom connects to the backyard, and a half-bath powder room completes the main floor. Upstairs, you’ll find three well-appointed bedrooms and a relaxing bonus, ideal for movie nights or quiet relaxation. The master suite serves as a private retreat, complete with a walk-in closet and a luxurious 4-piece ensuite bathroom that includes a soaking tub. The upper floor is rounded out by another full 4-piece bathroom. To top it all off, this home also includes a fully developed illegal basement suit with a separate entrance, complete with two bedrooms, a full kitchen, and a full washroom. Step outside into your personal backyard oasis. Enjoy summer nights on the expansive deck, host BBQs with the oversized grill, and relax in the hot tub under a beautiful gazebo. The backyard also features a spacious concrete patio, an oversized heated double garage, and a rare RV parking pad for added convenience. Additional features include a newer hot water tank and a newer furnace. All residents enjoy free access to Chestermere Lake, perfect for boating, paddleboarding, and more. This is the perfect home for those seeking a balance of comfort, luxury, and lake life living. Book your private showing today!