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    408 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2307290

    408 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2307290

    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!

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    408 Rainbow Falls Way
    Rainbow Falls Chestermere T1X 1S8

    $695,000
    Residential beds: 4 baths: 4.0 2,019 sq. ft. built: 2005

    Main Photo: 408 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2307290
    Photo 1: 408 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2307290
    Photo 2: 408 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2307290
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2307290
    Bedrooms:
    4
    Bathrooms:
    4
    Year Built:
    2005
    Welcome to Rainbow Falls in Chestermere. This well-maintained two-storey home backs directly onto scenic pathways—ideal for evening walks or weekend bike rides. The main floor offers an inviting open-concept layout with a cozy gas fireplace, a functional kitchen with ample cabinetry, and bright dining and living areas that feel warm and connected. Upstairs, you’ll find three comfortable bedrooms, including a spacious primary suite with a large ensuite and walk-in closet, along with a versatile bonus room perfect for relaxing, gaming, or family movie nights. The fully finished basement adds even more living space, featuring an additional bedroom and a half bathroom. Situated on a quiet street and showcasing beautifully landscaped outdoor space, this home is located in one of Chestermere’s most desirable neighbourhoods—offering a perfect blend of comfort and community.
    Property Type:
    Residential
    Property Sub Type:
    Detached
    Condo Type:
    Not a Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Num Legal Suites:
    0
    Num Illegal Suites:
    0
    Home Style:
    2 Storey
    Total Living Area:
    2,019 sq. ft.
    Main Level Finished Area:
    901.48 sq. ft.
    Upper Level Finished Area:
    1,117.96 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    783.51 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Acreage:
    No
    Lot Area:
    513 sq. ft.
    Lot Frontage:
    13'11"
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    West
    Reg. Size:
    Reg. Size Includes:
    Levels:
    Two
    Total Rooms Above Grade:
    8
    Year built:
    2005 (Age: 21)
    Bedrooms:
    4 (Above Grd: 3)
    Bedrooms Above Grade:
    3
    Bedrooms Below Grade:
    1
    Bathrooms:
    4.0 (Full:2, Half:2)
    Plan:
    0410177
    Heating:
    Central
    Basement:
    Full, Finished, None
    Foundation:
    Wood
    New Constr.:
    No
    Construction Material:
    Stone, Vinyl Siding, Wood Frame
    Structure Type:
    House
    Roof:
    Asphalt Shingle
    Ensuite:
    Yes
    Flooring:
    Carpet, Ceramic Tile, Hardwood
    Cooling:
    Central Air
    Fireplaces:
    1
    Fireplace Details:
    Gas
    Garage:
    Yes
    Garage Spaces:
    2
    Parking:
    Additional Parking, Double Garage Attached, Oversized
    Parking Places:
    4
    Parking Total/Covered:
    4 / -
    Laundry Features:
    Laundry Room, Main Level
    Rainbow Falls
    Central Air Conditioner, Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Stove, Freezer, Garage Control(s), Garburator, Microwave, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
    n/a
    None Known
    Floor
    Type
    Size
    Other
    Main Floor
    Dining Room
    12'11" × 10'1"
    Main Floor
    Living Room
    17'10" × 14'9"
    Main Floor
    Office
    11'9" × 9'5"
    Main Floor
    Kitchen
    10'9" × 9'3"
    2nd Floor
    Bedroom
    13'3" × 10'10"
    2nd Floor
    Bedroom
    10'2" × 9'9"
    2nd Floor
    Bonus Room
    18' × 15'2"
    2nd Floor
    Bedroom - Primary
    13'9" × 13'4"
    2nd Floor
    Walk-In Closet
    9'8" × 4'10"
    Basement
    Bedroom
    16'9" × 10'5"
    Basement
    Game Room
    20'1" × 12'7"
    Basement
    Furnace/Utility Room
    26' × 20'2"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    2
    5'4" x 7'8"
    2nd Floor
    No
    4
    4'11" x 9'8"
    2nd Floor
    Yes
    4
    10'8" x 9'11"
    Basement
    No
    2
    7'1" x 6'2"
    Title to Land:
    Fee Simple
    Community Features:
    Clubhouse, Fishing, Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
    Interior Features:
    Breakfast Bar, Central Vacuum, Open Floorplan, Pantry, See Remarks, Soaking Tub, Walk-In Closet(s)
    Exterior Features:
    None, Other
    Patio And Porch Features:
    Deck, Front Porch, Patio, Rear Porch
    Lot Features:
    Back Lane, Back Yard, Front Yard, Landscaped, Lawn, See Remarks, Treed
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Chestermere
    Zoning:
    R-1
    Listed Date:
    May 02, 2026
    Days on Mkt:
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    Listed by RE/MAX Key
    Data was last updated May 5, 2026 at 06:05 AM (UTC)
    Area Statistics
    Listings on market:
    20
    Avg list price:
    $659,450
    Min list price:
    $345,000
    Max list price:
    $875,000
    Avg days on market:
    47
    Min days on market:
    3
    Max days on market:
    210
    Avg price per sq.ft.:
    $320.82
    These statistics are generated based on the current listing's property type and located in Rainbow Falls. Average values are derived using median calculations. This data is not produced by the MLS® system.
    CODY BATTERSHILL
    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 Home Website

    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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