By the numbers

How this listing measures up

Value score Hot deal

🔒 Sign in to view value score

$/sqft $354

vs Rainbow Falls median +5% community avg $681K

Sqft per bedroom 505

Year built 2005

Annual taxes $3,300 2025

Garage 2 spaces

$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $354/sqft sits in the $350–400 range.

Other active listings This listing's price range This listing

About this property

Welcome to Rainbow Falls, Chestermere. This well-kept two-storey backs directly onto the scenic pathways—perfect for evening walks or weekend rides. The main floor features an inviting open layout with a cozy gas fireplace, a functional kitchen with plenty of cabinetry, and bright dining and living spaces that feel warm and connected. Upstairs offers three comfortable bedrooms, including a spacious primary suite with a large ensuite and walk-in closet, plus a versatile bonus room ideal for relaxing, gaming, or family movie nights. The fully developed basement adds even more value, complete with an additional bedroom, and full bathroom. Located on a quiet street in Chestermere, with it's beautiful backyard landscaping, in one of the most desirable neighbourhoods, this home delivers both comfort and community

Property details

Bedrooms	4
Bathrooms	4.0
Style	2 Storey
Heating	Central
Cooling	Central Air
Flooring	Carpet,Ceramic Tile,Hardwood
Levels	Two
Basement	Full
Basement development	Finished
Interior features	Central Vacuum,Open Floorplan,Pantry,See Remarks,Soaking Tub,Storage,Walk-In Closet(s)
Appliances	Central Air Conditioner,Convection Oven,Dishwasher,Dryer,Electric Cooktop,Freezer,Garage Control(s),Garburator,Microwave,Microwave Hood Fan,Refrigerator,Washer,Window Coverings
Inclusions	Seller is open to sell Man Cave as is
Laundry	Laundry Room,Main Level

Lot size	5539.00 sqft
Frontage	45.11 ft
Lot features	Few Trees,Front Yard,Landscaped,Yard Lights
Exterior features	None,Other
Fencing	Fenced
Patio	Deck,Front Porch,Rear Porch

Year built	2005
Construction materials	Stone,Vinyl Siding,Wood Frame
Roof	Asphalt Shingle
Foundation	Wood

Parking features	Double Garage Attached
Garage spaces	2
Parking total	4

Annual taxes	$3,300
Tax year	2025
Possession	Negotiable
Zoning	R-1
Title	Fee Simple
Restrictions	None Known

Neighbourhood	Rainbow Falls
Community features	Clubhouse,Fishing,Golf,Lake,Park,Playground,Schools Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
List AOR	Calgary

Location

Sold comparables in Rainbow Falls

22 recent sales in Rainbow Falls

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

About Rainbow Falls

AI-generated summary

Rainbow Falls is a family-oriented lakeside community in Chestermere with a relaxed, suburban feel centred around scenic pond and pathway systems.

31 active listings with an average list price of $674,690

Homes are averaging 38 days on market, suggesting a measured pace of sales

Located just east of Calgary's city limits within the City of Chestermere

Housing

Predominantly detached single-family homes with some townhomes, many featuring larger lots typical of east Calgary's suburban developments.

Transit

Car-dependent with limited transit options; proximity to 17th Avenue SE and Stoney Trail supports easy commuting by vehicle.

Amenities

Residents enjoy nearby Chestermere Lake, local shops along Rainbow Road, and convenient access to East Hills Shopping Centre for major retail.

Who lives here

Primarily young and established families drawn by larger homes, good schools, and an outdoor lifestyle near the water.

Full Rainbow Falls community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.