By the numbers
How this listing measures up
$/sqft
$429
vs Rainbow Falls median
+25%
community avg $682K
Sqft per bedroom
499
Year built
2015
Annual taxes
$5,081
2026
Garage
3 spaces
$/sqft distribution
Where this listing sits in Rainbow Falls
Of 30 active residential listings in Rainbow Falls,
this property at $429/sqft
sits in the $400–450 range.
Other active listings
This listing's price range
This listing
About this property
Imagine starting your day with a coffee on the back deck as the sun rises over the canal, watching the walking paths come to life while nothing but green space stretching out in front of you. Tucked away on a quiet street in one of Chestermere's most desirable locations, this beautifully upgraded walkout home offers the perfect balance of peaceful surroundings and family-friendly living.
Offering over 2,700 square feet of thoughtfully designed living space with four bedrooms and 3.5 bathrooms, this home provides the space and functionality that today's families are looking for. The bright, open-concept main floor is filled with natural light and welcomes you with wide plank flooring, a cozy gas fireplace, and a stunning kitchen that truly is the heart of the home. Complete with full-height cabinetry, granite countertops, a large center island, a walk-in pantry, and an abundance of storage, it's the perfect place for everything from busy weekday mornings to holiday celebrations. Just beyond, the dining area flows effortlessly onto the expansive upper deck where every meal comes with a view.
Upstairs, the spacious primary suite offers a peaceful escape at the end of the day with its custom feature wall, walk-in closet, and beautiful ensuite. Two additional bedrooms, a full bathroom, and a conveniently located upper laundry room complete the second level, creating a practical layout that works beautifully for everyday family life. The fully developed walkout basement extends your living space even further. Whether you're hosting friends, enjoying family movie nights, creating a home gym, or welcoming overnight guests, the spacious recreation room, fourth bedroom, and full bathroom offer incredible flexibility to suit your lifestyle. Outside, the backyard is truly something special. Backing directly onto the canal and picturesque green space, it offers year-round beauty, privacy, and endless opportunities to explore the surrounding pathways. Thoughtful upgrades include central air conditioning, a heated and insulated triple garage, an irrigation system, updated flooring, fresh exterior paint, and beautifully landscaped grounds. Every detail has been carefully considered so you can simply move in and enjoy.
Located just minutes from schools, parks, shopping, and the wonderful recreation of Chestermere Lake, this exceptional home offers more than just a place to live, it offers the lifestyle you've been waiting for.
Property details
| Bedrooms | 4 |
| Bathrooms | 4.0 |
| Style | 2 Storey |
| Heating | Forced Air,Natural Gas |
| Cooling | Central Air |
| Flooring | Carpet,Ceramic Tile,Laminate |
| Levels | Two |
| Basement | Full |
| Basement development | Finished |
| Interior features | Open Floorplan,Pantry,See Remarks,Sump Pump(s) |
| Appliances | Central Air Conditioner,Dishwasher,Dryer,Garage Control(s),Gas Range,Microwave Hood Fan,Refrigerator,Washer,Window Coverings |
| Inclusions | storage shed, door bell camera, entry door digital pin pads |
| Laundry | Laundry Room,Upper Level |
| Lot size | 5495.00 sqft |
| Frontage | 50.04 ft |
| Lot features | Backs on to Park/Green Space,Creek/River/Stream/Pond,Greenbelt,Landscaped |
| Exterior features | None |
| Fencing | Fenced |
| Patio | Deck,See Remarks |
| Year built | 2015 |
| Construction materials | Stone,Vinyl Siding,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Triple Garage Attached |
| Garage spaces | 3 |
| Parking total | 5 |
| Annual taxes | $5,081 |
| Tax year | 2026 |
| Possession | Negotiable |
| Zoning | R-1 |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Rainbow Falls |
| Community features | Park,Playground,Pond,Schools Nearby,Shopping Nearby,Sidewalks,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



