Attention investors, developers, builders, investors and land bankers!!! What a great opportunity to buy a beautiful piece of 4. 68 acres more or less of land located right on the rainbow bay, which got annexed in the town of chestermere and could be ready for subdivided in to smaller lots or possibly could be a multifamily site in future. This property is being sold together with the neighbouring 4. 55 acres c#4115694. Totalling 9. 23 acres for $1,398,000. 00. Further sub-division is a possibility. Please check with the city of chestermere for more info.