By the numbers
How this listing measures up
$/sqft
$545
vs Rainbow Falls median
+21%
community avg $682K
Sqft per bedroom
378
Year built
2015
Garage
2 spaces
$/sqft distribution
Where this listing sits in Rainbow Falls
Of 30 active residential listings in Rainbow Falls,
this property at $545/sqft
sits in the $500–550 range.
Other active listings
This listing's price range
This listing
About this property
Welcome to this beautifully maintained large bungalow where pride of ownership is evident throughout. Backing onto a peaceful scenic stream that leads toward Chestermere Lake, this home offers a rare combination of tranquility, space, and convenience. Featuring 4 bedrooms, over 2,900 sq ft of space between the main floor and basement, and an open-concept layout, the home is filled with natural light and showcases stunning vaulted ceilings, granite countertops, a beautiful wide curved staircase, and spacious living areas perfect for both everyday living and entertaining.
The walkout basement adds incredible functionality and connection to the outdoors, while the oversized driveway provides ample parking. The poured concrete backyard creates a low-maintenance outdoor retreat ideal for relaxing, hosting guests, or enjoying the serene surroundings. The south-facing backyard also features a large garden space perfect for growing your own fruits and vegetables while enjoying all-day sunshine.
Located in a beautiful setting close to pathways, water, parks, and amenities, this is a rare opportunity to own a truly well-cared-for home in one of Chestermere’s most desirable locations
Property details
| Bedrooms | 4 |
| Bathrooms | 3.0 |
| Style | Bungalow |
| Heating | Forced Air |
| Cooling | None |
| Flooring | Carpet,Hardwood |
| Levels | One |
| Basement | Full |
| Basement development | Finished |
| Interior features | Granite Counters,Kitchen Island,Vaulted Ceiling(s) |
| Appliances | Dishwasher,Dryer,Microwave,Range,Range Hood,Refrigerator,Washer |
| Inclusions | Planters in the backyard, Shed in backyard |
| Laundry | Laundry Room |
| Lot size | 5493.00 sqft |
| Frontage | 50.04 ft |
| Lot features | Back Yard,Front Yard,Garden |
| Exterior features | Balcony,Garden |
| Fencing | Fenced |
| Patio | Balcony(s) |
| Year built | 2015 |
| Construction materials | Stone,Vinyl Siding |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Double Garage Attached,Driveway |
| Garage spaces | 2 |
| Parking total | 5 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | R-1 |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Rainbow Falls |
| Community features | Golf,Lake,Park,Pond,Schools Nearby,Sidewalks,Street Lights,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.
Sign up to see sold dataAbout Rainbow Falls
AI-generated summaryRainbow 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.
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
Similar listings in Rainbow Falls

$405,500
304 Rainbow Falls Drive
Listed by Real Broker — Gary Banipal, Sunny Banipal

$699,900
109 Seagreen Link
Listed by Royal LePage Benchmark — Ryan Hicke

$390,000
18-111 Rainbow Falls Gate
Listed by eXp Realty — Justin Havre, Heather Nickel

$1,069,000
469 Rainbow Falls Way
Listed by Real Broker — Bryan Herman



