Calgary Real Estate Geek
Home Communities Rainbow Falls 328 RainBow Falls Way
$759,999 Terminated
328 RainBow Falls Way · Chestermere · T1X 1W5
4 bd 4.0 ba 2,214 sqft $343/sqft Built 2005
MLS® A2303773 · Listed Apr 21, 2026
Listed by TREC The Real Estate Company — Bob Hoffart
By the numbers

How this listing measures up

$/sqft $343
vs Rainbow Falls median +11% community avg $682K
Sqft per bedroom 554
Year built 2005
Annual taxes $4,548 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $343/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 · $343
Other active listings This listing's price range This listing

About this property

Location, Location, Location Backing onto the canal , walking pathway. and green space. All three levels fully finished, lower level with walkout. Main floor features front flex room great for office, library, living area or large dining room. Kitchen with large working island with area for bar stools , granite counter tops, eating area with patio doors to large south facing yard. Family room with fireplace. Main floor has 9 foot ceilings with great upgraded lighting. 2 piece bath, main floor laundry room. The upper level you will find your primary bedroom with walk in closets, upgraded 5 piece en suite bathroom. 2 more good sized bedrooms, large bonus room. The lower level is fully finished with extra bedroom games area and wet bar. The home comes with air conditioning, kids play slide and sand box. Quick possession is possible. Call your Realtor to show.

Property details

Bedrooms4
Bathrooms4.0
Style2 Storey
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringCarpet,Laminate,Linoleum
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresCloset Organizers,Granite Counters,Kitchen Island,Pantry,Walk-In Closet(s)
AppliancesCentral Air Conditioner,Dishwasher,Electric Stove,Microwave Hood Fan,Refrigerator,Washer/Dryer,Window Coverings
InclusionsN/A
LaundryMain Level
Lot size5505.00 sqft
Frontage46.72 ft
Lot featuresBacks on to Park/Green Space,Landscaped,Rectangular Lot
Exterior featuresFire Pit
FencingFenced
PatioDeck
Year built2005
Construction materialsVinyl Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total2
Annual taxes$4,548
Tax year2025
Possession30 Days / Neg
ZoningR-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresFishing
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: TREC The Real Estate Company — Bob Hoffart.