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Home Communities Rainbow Falls 116 Rainbow Falls Grove
$649,950 Sold
116 Rainbow Falls Grove · Chestermere · t1x 0e9
3 bd 3.0 ba 2,178 sqft $298/sqft Built 2007
MLS® A2294042 · Listed Mar 17, 2026
Listed by RE/MAX Real Estate (Mountain View) — Kevin Chau
By the numbers

How this listing measures up

$/sqft $298
vs Rainbow Falls median -5% community avg $681K
Sqft per bedroom 726
Year built 2007
Annual taxes $2,410 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $298/sqft sits in the $250–300 range.
$200–$250/sqft · 2 listings $250–$300/sqft · 11 listings $300–$350/sqft · 10 listings $350–$400/sqft · 3 listings $400–$450/sqft · 1 listing $450–$500/sqft · 0 listings $500–$550/sqft · 2 listings $550–$600/sqft · 1 listing $200 $250 $300 $350 $400 $450 $500 $550 $600 This · $298
Other active listings This listing's price range This listing

About this property

Pride of ownership shines throughout this beautifully maintained, original-owner home in the highly sought-after community of Rainbow Falls, Chestermere. Ideally situated on a quiet street and just steps from scenic walking paths leading to Lake Chestermere, Lakeside Golf Club, and two nearby schools, this corner-lot property sits on an expansive 6,000+ sq. ft. lot. Recently painted and featuring newer appliances, the home welcomes you with an open-concept main floor designed for both comfort and functionality. A front den offers the perfect space for a home office or children’s study. The chef’s kitchen boasts newer stainless steel appliances and flows seamlessly into the spacious living room highlighted by vaulted ceilings, creating an inviting space for family living and entertaining. Upstairs, you’ll find three generously sized bedrooms, including a primary retreat complete with a large walk-in closet and a spa-inspired ensuite. The two additional bedrooms each feature their own walk-in closets and share a convenient Jack-and-Jill bathroom. The large, open basement with in floor heating is ready for your personal design and finishing touches. Outside is where this home truly stands out—a massive, park-like backyard that’s perfect for summer entertaining, kids, pets, or simply relaxing in your own private outdoor oasis. This is a rare opportunity to own a meticulously cared-for home in one of Chestermere’s most desirable neighborhoods. Call your favorite REALTOR® today to book your private showing.

Property details

Bedrooms3
Bathrooms3.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Ceramic Tile,Hardwood
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresBreakfast Bar,Central Vacuum,Open Floorplan,Walk-In Closet(s)
AppliancesDishwasher,Electric Stove,Microwave,Refrigerator,Washer/Dryer Stacked,Window Coverings
Inclusionsnone
LaundryMain Level
Lot size6512.00 sqft
Frontage40.36 ft
Lot featuresCorner Lot,Irregular Lot
Exterior featuresOther
FencingFenced
PatioDeck
Year built2007
Construction materialsWood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total4
Annual taxes$2,410
Tax year2025
Possession30 Days / Neg
ZoningR-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Rainbow Falls

22 recent sales in Rainbow Falls

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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.

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Listed by: RE/MAX Real Estate (Mountain View) — Kevin Chau.