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461 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2319738
461 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2319738
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
Jun 20, 2026
11:00 AM
-
12:30 PM
MDT
461 Rainbow Falls Way
Chestermere
T1X 1S5
$1,300,000
Residential
beds: 5
baths: 4.0
3,538 sq. ft.
built: 2006
Open House
-
Jun 20, 2026
11:00 AM
-
12:30 PM
MDT
NOTES: Open House on Saturday, June 20, 2026 11:00AM - 12:30PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2319738
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year Built:
- 2006
- Photos (50)
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Welcome to one of Rainbow Falls’ most distinguished waterfront residences, where exceptional craftsmanship, luxury finishes, and breathtaking natural beauty come together. Custom built by the renowned Alanridge and Jager teams, this remarkable estate is perfectly positioned on a west-facing walkout lot overlooking Rainbow Falls Pond, offering spectacular sunset views and an unparalleled lifestyle.
From the moment you arrive, the home impresses with its stately curb appeal, exposed aggregate driveway, and oversized triple attached garage. Inside, a grand foyer showcases soaring ceilings, custom tile inlays, rich maple hardwood flooring, and a stunning open-tread curved staircase.
Designed for both entertaining and everyday living, the chef-inspired kitchen features dual wall ovens, a professional gas range, an oversized island, full-height shaker cabinetry, and an elegant chimney-style hood fan. The kitchen flows seamlessly into the expansive great room, where custom built-ins, a gas fireplace, and floor-to-ceiling windows frame uninterrupted pond views. The upper deck offers the perfect vantage point to enjoy the spectacular sunsets reflected across the water.
The main level also includes a refined dining room with custom detailing and a concealed Murphy bed for added versatility, a dedicated executive office, and a spacious mudroom featuring an impressive designer shoe closet.
Upstairs, the luxurious primary retreat overlooks the pond and features a spa-inspired ensuite with a BainUltra soaker tub, custom walk-in shower, and expansive dressing room. Two additional bedrooms, a laundry room, and a substantial recreation and games room added above the garage in 2022 provide exceptional space for family living and entertaining. Complete with a pool table, dry bar, and wine fridge, this flexible retreat is ideal for gatherings, recreation, or media enjoyment.
The fully finished walkout level is designed for entertaining, featuring a custom bar, media area, and recent upgrades that create a private in-law or guest retreat with two additional bedrooms, renovated bathroom, and dedicated laundry facilities.
Comfort is ensured year-round with basement radiant in-floor heating, dual furnaces, central air conditioning, and a high-efficiency boiler system providing endless hot water.
Outside, the professionally landscaped grounds feature underground irrigation, decorative rockwork, premium artificial turf, permanent Gemstone lighting, and a premium SUNCOAST screened room that extends outdoor enjoyment throughout the seasons.
Offering exceptional craftsmanship, extensive upgrades, a fully developed walkout design, and stunning west-facing pond views, this is a rare opportunity to own one of Rainbow Falls’ premier waterfront properties.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 3,537.77 sq. ft.
- Main Level Finished Area:
- 1,413.26 sq. ft.
- Upper Level Finished Area:
- 2,124.51 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 1,340.27 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Acreage:
- No
- Lot Area:
- 6,824 sq. ft.
- Lot Frontage:
- 68'11"
- Acres Cleared:
- Signup
- Acres Cultivated:
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- 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
- Levels:
- Two
- Total Rooms Above Grade:
- 10
- Year built:
- 2006 (Age: 20)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 0410177
- Heating:
- In Floor, Forced Air
- Basement:
- Full, Finished, Walk Out
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stone, Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood, Vinyl Plank
- Cooling:
- Central Air
- Fireplaces:
- 2
- Fireplace Details:
- Gas
- Garage:
- Yes
- Garage Spaces:
- 3
- Parking:
- Triple Garage Attached
- Parking Places:
- 3
- Parking Total/Covered:
- 3 / -
- Laundry Features:
- Laundry Room, Sink, Upper Level
- Rainbow Falls
- Bar Fridge, Central Air Conditioner, Dishwasher, Double Oven, Dryer, Freezer, Garage Control(s), Garburator, Gas Cooktop, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer, Window Coverings, Wine Refrigerator
- basement Dishwasher, Refrigerator in basement, Window Coverings: custom blinds, garage cabinets, garage shelving and sink, hot tub, Pool Table and accessories, Brunswick pool table charis (2), mounted tv in basement including sound system components. sonos and built-in ceiling speakers, TV and home theatre system with built-in speakers (in rec room - pub), Black out blinds in bonus room, all the office furniture (except (2) office chairs): desk, file cabinet and printer table, wall mounted cabinets. Murphy bed in main floor flex room, Shelves and lighting on murphy bed.
- Utility Right Of Way
- Floor
- Type
- Size
- Other
- Main Floor
- Dining Room
- 20'5" × 10'11"
- Main Floor
- Family Room
- 14'1" × 11'1"
- Main Floor
- Foyer
- 17'7" × 8'9"
- Main Floor
- Kitchen
- 15'4" × 13'
- Main Floor
- Living Room
- 16'5" × 13'9"
- Main Floor
- Mud Room
- 14'3" × 9'2"
- Main Floor
- Office
- 14'9" × 10'8"
- Upper Level
- Bedroom
- 13' × 12'3"
- Upper Level
- Bedroom
- 13' × 11'10"
- Upper Level
- Bedroom - Primary
- 16'6" × 16'3"
- Upper Level
- Game Room
- 38'7" × 23'
- Upper Level
- Walk-In Closet
- 9'11" × 9'2"
- Basement
- Other
- 10'9" × 7'7"
- Basement
- Bedroom
- 14'7" × 13'11"
- Basement
- Bedroom
- 13'7" × 13'3"
- Basement
- Great Room
- 26'8" × 24'4"
- Basement
- Sunroom/Solarium
- 36'8" × 10'11"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 5'2" x 7'2"
- Upper Level
- No
- 4
- 8' x 7'5"
- Upper Level
- Yes
- 5
- 15'7" x 14'5"
- Basement
- No
- 3
- 8'4" x 10'8"
- Title to Land:
- Fee Simple
- Community Features:
- Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
- Interior Features:
- Bookcases, Built-in Features, Ceiling Fan(s), Central Vacuum, Closet Organizers, Crown Molding, Double Vanity, French Door, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Storage, Sump Pump(s), Tankless Hot Water, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data, Wired for Sound
- Exterior Features:
- BBQ gas line, Garden, Storage
- Patio And Porch Features:
- Deck, Patio, Screened
- Lot Features:
- Back Yard, Creek/River/Stream/Pond, Fruit Trees/Shrub(s), Landscaped, Low Maintenance Landscape, No Back Lane, No Neighbours Behind, Underground Sprinklers
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Chestermere
- Zoning:
- R-1
- Listed Date:
- Jun 18, 2026
- Days on Mkt:
- Signup
-
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Listed by CIR Realty
Data was last updated June 19, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $474,983
- Min list price:
- $334,900
- Max list price:
- $1,300,000
- Avg days on market:
- 25
- Min days on market:
- 1
- Max days on market:
- 140
- Avg price per sq.ft.:
- $328.93
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
- 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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