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368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Begin your search of houses for sale in Chestermere on the MLS® below! Chestermere, originally named Chestermere Lake, is a small city found roughly 15 minutes east of Calgary in Rockyview County. With a population of about 21,000, Chestermere is home to some of the most exclusive lakefront properties in the Calgary Metropolitan Area and is a community where families tend to stay for the long-term.
To learn more about Chestermere homes for sale or to schedule a private showing of any listing you see below, contact our team of experienced Realtors® by calling Cody & Jordan at 403.370.4008 anytime!
Homes for Sale in Chestermere, AB
Aug 24, 2025
01:00 PM
-
03:00 PM
MDT
368 Rainbow Falls Drive
Chestermere
T1X 0L8
$449,900
Residential
beds: 2
baths: 4.0
1,376 sq. ft.
built: 2010
Open House
-
Aug 24, 2025
01:00 PM
-
03:00 PM
MDT
NOTES: Open House on Sunday, August 24, 2025 1:00PM - 3:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2241731
- Bedrooms:
- 2
- Bathrooms:
- 4
- Year Built:
- 2010
- Photos (36)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
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***OPEN HOUSE AUGUST 24 FROM 1PM TO 3PM*** Welcome to 368 Rainbow Falls Drive, a fully developed walkout townhome with coveted lake access, perfectly situated directly across from Rainbow Falls Park in the highly desirable Brownstones community. This extensively upgraded 2 bedroom, 4 bathroom home offers over 1,800 square feet of thoughtfully designed living space spread over three levels. The main floor showcases an open-concept layout that seamlessly blends comfort and functionality, with a spacious living room flowing into the dining area and a chef-inspired kitchen featuring a large island with generous storage, granite countertops, new stainless steel appliances, elegant diagonal maple hardwood flooring, and 9-foot ceilings. Oversized windows fill the space with natural light throughout the day. Step out from the kitchen onto a west-facing deck, ideal for enjoying morning coffee, year-round BBQs with the gas hookup, and beautiful mountain views and sunsets, all while enjoying added privacy from mature trees. A convenient 2-piece powder room is tucked just off the landing to the lower level. Upstairs, the dual primary suite layout offers flexibility and privacy, with the main suite featuring a luxurious 4-piece ensuite with a soaker tub, walk-in shower, and a spacious walk-in closet, while the second suite includes its own 4-piece ensuite. The fully finished walkout basement provides a large, versatile rec room perfect for relaxing, a home office, or a gym, and also includes a 3-piece bathroom, laundry room, and access to the private lower patio and double detached garage. Recent upgrades include a new washer, dryer, and hot water tank. Additional features include central air conditioning, central vacuum, built-in surround sound with volume control, and ample street parking at both the front and rear. The location offers convenient access to scenic pathways, waterfalls, local parks, schools, and amenities, with quick connections to Highways 1, 2, and Stoney Trail. Residents also enjoy the lifestyle benefits of Lake Chestermere—a 750-acre lake fed by the Bow River—perfect for swimming, boating, fishing, and skating throughout the year. This quiet, well-managed complex is known for its welcoming community, beautifully maintained grounds, and low condo fees. Built by award-winning Lionsworthe Homes, this townhome offers quality, comfort, and convenience—schedule your showing today.
- Property Type:
- Residential
- Property Sub Type:
- Row/Townhouse
- Condo Type:
- Conventional Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 1,375.57 sq. ft.
- Main Level Finished Area:
- 697.89 sq. ft.
- Upper Level Finished Area:
- 677.68 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 608.83 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- Condo Fee:
- $442.94
- Condo Fee Includes:
- Amenities of HOA/Condo, Common Area Maintenance, Insurance, Professional Management, Reserve Fund Contributions, Snow Removal
- HOA Fee Includes:
- Signup
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- East
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Entry Level:
- 1
- Levels:
- Two
- End Unit:
- 2+ Common Walls, No One Above, No One Below
- Total Rooms Above Grade:
- 5
- Year built:
- 2010 (Age: 15)
- Bedrooms:
- 2 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 0912615
- Heating:
- Forced Air
- Basement:
- Finished, Full, Walk-Out To Grade
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Wood Frame
- Structure Type:
- Five Plus
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Hardwood, Linoleum
- Cooling:
- Central Air
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Unit, Laundry Room
- Condo Fee Frequency:
- Monthly
- The Brownstones at Rainbow Falls
- Rainbow Falls
- Other
- Dishwasher, Dryer, Refrigerator, Stove(s), Washer
- N/A
- Restrictive Covenant, Utility Right Of Way
- Restrictions, Cats OK, Dogs OK
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 13'10" × 13'6"
- Main Floor
- Dining Room
- 13'10" × 7'9"
- Main Floor
- Living Room
- 14' × 13'6"
- Upper Level
- Bedroom - Primary
- 13'5" × 11'11"
- Upper Level
- Bedroom
- 12'4" × 11'5"
- Basement
- Living Room
- 27' × 13'5"
- Basement
- Laundry
- 5'11" × 5'5"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 4'11" x 5'6"
- Upper Level
- Yes
- 4
- 8'2" x 9'1"
- Upper Level
- Yes
- 4
- 4'11" x 11'8"
- Basement
- No
- 3
- 7'9" x 8'1"
- Title to Land:
- Fee Simple
- Community Features:
- Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
- Interior Features:
- Central Vacuum, Closet Organizers, Granite Counters, High Ceilings, Open Floorplan, Walk-In Closet(s)
- Exterior Features:
- Other
- Patio And Porch Features:
- Deck, Patio
- Lot Features:
- Back Lane, Landscaped, Lawn
- Num. of Parcels:
- 0
- Fencing:
- None
- Region:
- Chestermere
- Zoning:
- R-3
- Listed Date:
- Jul 22, 2025
- Days on Mkt:
- Signup
-
Welcome to your new home -
Living room
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Living Room
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Living room
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Kitchen
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Kitchen
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Kitchen
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Kitchen
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Kitchen
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Dining room
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Dining room
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Dining room
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Main bathroom
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Primary bedroom
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Primary bedroom
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Primary bedroom
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Walk in closet
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Ensuite
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Ensuite
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Second bedroom
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Second bedroom
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Upper bathroom
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Basement living room
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Basement living room
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Basement living room
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Basement living room
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Basement living room
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Basement bathroom
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Exterior of property
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Exterior of property
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Exterior of property
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Exterior of property
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Exterior of property
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Exterior of property
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Exterior of property
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Exterior of property
Listed by CIR Realty
Data was last updated August 24, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 281
- Avg list price:
- $698,700
- Min list price:
- $259,900
- Max list price:
- $4,405,500
- Avg days on market:
- 44
- Min days on market:
- 1
- Max days on market:
- 185
- Avg price per sq.ft.:
- $358.8
These statistics are generated based on the current listing's property type
and located in
Chestermere. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
powered by myRealPage.com
Why Choose Chestermere Real Estate?
- Access Chestermere Lake for boating, water skiing, wake-boarding, canoeing and swimming during the warmer months of the year
- Home away from home -> not too close to Calgary but not too far from major “big city” amenities either (about 15 minutes away)
- Laid back ambiance and lakeside community with public access to the lake
- Home to more than 500 businesses ready to serve you
- Ample parks and pathways, recreational facilities and public programs
Homes for sale in Chestermere come in a variety of shapes and sizes. From condos and townhouses to attached and detached properties, there’s a piece of Chestermere real estate for everyone in this small lakeside city. Typically, there’s over 100 listings on the MLS® in the area including more affordable condos in the $200s up to multi-million-dollar estates.
Chestermere Community & Schools
Chestermere is a rapidly growing city with a population increase of more than 30% since 2011. The central lake spans nearly five kilometres and is a major anchor of the community, providing many recreational opportunities for residents to relax and enjoy while also bringing neighbours together to engage in common activities. Hence, this small city has a very tight-knit feel to it, and is a place where families tend to stay for the long-term.
A lengthy pathway system connects various neighbourhoods to each other, making it easy for children to go and visit their best friends in the adjacent community or to use for leisure and recreation purposes. The majority of Chestermere real estate is found on the west side of the lake, although newer developments are now springing up on the east side.
Chestermere residents enjoy convenient access to in-community schools, including five elementary, three junior, and two senior – a few are also designated Catholic schools. Alternative learning opportunities are also provided by Bow Valley College and Rocky View Learning.
Chestermere Amenities & Resources
With more than 20,000 people and 525+ businesses serving the community, residents have ample access to a wide range of retail, food and drink, and professional services. If a trip to Calgary is needed, it takes about 15 minutes via the Trans Canada Highway (immediately accessible on the northeast side), or about the same amount of time when using Highway 1A (17th Avenue SE) on the south side.
A brand new Costco, Walmart, Bed Bath & Beyond + more is found along Highway 1A just before entering Calgary. Part of the new East Hills Shopping Centre, you’ll also find a handful of restaurants and other shops and services here. Drive a little further on the Highway 1A to reach “International Avenue” where you’ll find a full spectrum of businesses and services ready to help you!
Chestermere is also home to the 18-hole Lakeside Golf Club complete with a grill restaurant and event halls. The Calgary Yacht Club also calls the small city its home; as one of the largest man-made lakes in the Calgary region suitable for boating, it makes sense!
Chestermere Real Estate Agents
Browsing houses for sale in Chestermere? Thinking about selling your current property? Our experienced Realtors® with RE/MAX House of Real Estate have the knowledge, tools and skillset to help guide you towards a successful transaction!
Contact Cody & Jordan anytime at 403.370.4008 if you have questions or would like us to set up a private showing for you of any listing you’ve seen here! Get a Free Evaluation for your Bragg Creek property today!
We are looking forward to helping you accomplish your real estate goals!
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