Calgary Real Estate Geek
Home Communities Rainbow Falls 140 Rainbow Falls Heath
$715,000 Sold
140 Rainbow Falls Heath · Chestermere · T1X 0S7
4 bd 3.0 ba 2,291 sqft $312/sqft Built 2015
MLS® A2299687 · Listed Apr 8, 2026
Listed by Real Broker — Gary Banipal, Sunny Banipal
By the numbers

How this listing measures up

Value score Hot deal
🔒 Sign in to view value score
$/sqft $312
vs Rainbow Falls median +5% community avg $682K
Sqft per bedroom 573
Year built 2015
Annual taxes $1 2025
Garage 3 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $312/sqft sits in the $300–350 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 · $312
Other active listings This listing's price range This listing

About this property

OVERSIZED CORNER LOT (6560 SQFT)!! TRIPLE GARAGE ATTACHED!! RV ACCESS GARAGE WITH REAR DOOR—PERFECT FOR PARKING YOUR BOAT, RV, OR ALL YOUR TOYS!! LOCATED IN RAINBOW FALLS!! 2290 SQFT OF LIVING SPACE!! 4 BEDROOM 2.5 BATH!! VAULTED CEILINGS!! Step into a GRAND FOYER that sets the tone for this spacious home, leading into a versatile MAIN FLOOR OFFICE that can easily be used as a bedroom. The main level features a bright and inviting living area with a COZY FIREPLACE, seamlessly connecting to the dining space and a well-designed kitchen complete with a CENTRAL ISLAND and pantry. The dining area offers direct access to the BACKYARD DECK, perfect for indoor-outdoor living, while a 2PC bath completes this level. Upstairs, you’ll find a thoughtfully designed layout with 3 bedrooms and 2 full bathrooms, including a SPACIOUS PRIMARY BEDROOM featuring a 5PC ENSUITE and walk-in closet. Two additional well-sized bedrooms share a 4PC bath. A HUGE BONUS ROOM adds extra living space, and the convenience of UPSTAIRS LAUNDRY makes everyday living effortless. A rare combination of space, layout, and a TRIPLE ATTACHED RV GARAGE on a corner lot in one of Chestermere’s most sought-after communities—DON’T MISS THIS OPPORTUNITY!!

Property details

Bedrooms4
Bathrooms3.0
Style2 Storey
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringCarpet,Hardwood,Tile
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresKitchen Island,Open Floorplan,Pantry,See Remarks,Walk-In Closet(s)
AppliancesDishwasher,Dryer,Electric Stove,Microwave Hood Fan,Refrigerator,Washer
InclusionsN/A
LaundryUpper Level
Lot size6560.00 sqft
Frontage53.02 ft
Lot featuresBack Yard
Exterior featuresOther
FencingFenced
PatioDeck
Year built2015
Construction materialsStone,Vinyl Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresTriple Garage Attached
Garage spaces3
Parking total6
Annual taxes$1
Tax year2025
PossessionNegotiable
ZoningR-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresLake,Schools Nearby,Shopping Nearby
List AORCalgary

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.

Sign up to see sold data

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.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Rainbow Falls

Listed by: Real Broker — Gary Banipal, Sunny Banipal.