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Home Communities Rainbow Falls 304 Rainbow Falls Drive
$418,800 Terminated
304 Rainbow Falls Drive · Chestermere · T1X 0E4
3 bd 3.0 ba 1,418 sqft $295/sqft Built 2007
MLS® A2323224 · Listed Jun 22, 2026
Listed by Real Broker — Gary Banipal, Sunny Banipal
By the numbers

How this listing measures up

$/sqft $295
vs Rainbow Falls median -38% community avg $680K
Sqft per bedroom 473
Year built 2007
Annual taxes $2,405 2026
Garage 2 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $295/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 · $295
Other active listings This listing's price range This listing

About this property

Welcome to Rainbow Falls! DETACHED DOUBLE GARAGE!! PET FRIENDLY!! SEPARATE ENTRANCE WALKOUT BASEMENT!! 1400+ SQFT OF LIVING AREA!! 3 BEDROOM!! 2.5 BATHROOM!! This townhouse offers LOW CONDO FEES, a DETACHED DOUBLE GARAGE, and a WALKOUT BASEMENT WITH SEPARATE ENTRANCE. The main floor features an open-concept layout with a bright living room, dining area, and functional kitchen complete with an island and pantry. Step outside to the backyard deck, perfect for enjoying your morning coffee or summer evenings. A convenient 2-piece bathroom completes this level. Upstairs, you'll find 3 bedrooms, including the primary bedroom with a private 4-piece ensuite. Two additional bedrooms and another 4-piece bathroom complete the upper floor. The walkout basement offers a separate entrance. Outside, the detached double garage provides secure parking and extra storage. Located close to parks, pathways, schools, shopping, and everyday amenities, this home offers excellent value in the sought-after community of Rainbow Falls.

Property details

Bedrooms3
Bathrooms3.0
Style2 Storey
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Hardwood,Tile
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresKitchen Island,Open Floorplan,Pantry,Separate Entrance,Walk-In Closet(s)
AppliancesDishwasher,Dryer,Gas Range,Microwave Hood Fan,Refrigerator,Washer
InclusionsN/A
LaundryIn Basement
Lot featuresOther
Exterior featuresOther
FencingNone
PatioDeck,Patio
Year built2007
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Detached
Garage spaces2
Parking total2
Annual taxes$2,405
Tax year2026
PossessionNegotiable
ZoningR-3
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresLake,Park,Schools Nearby,Shopping Nearby
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: Real Broker — Gary Banipal, Sunny Banipal.