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    432 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2350802

    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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    432 Rainbow Falls Way
    Rainbow Falls Chestermere T1X 1S6

    $659,900
    Residential beds: 4 baths: 4.0 2,089 sq. ft. built: 2005

    Main Photo: 432 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2350802
    Photo 1: 432 Rainbow Falls Way in Chestermere: Rainbow Falls Detached for sale : MLS®# A2350802
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2350802
    Bedrooms:
    4
    Bathrooms:
    4
    Year Built:
    2005
    Welcome to Rainbow Falls, where family friendly living meets an incredible outdoor lifestyle! Just minutes from Chestermere Lake, this established community offers beautiful parks, water features, pathways, bike trails, schools, recreation and everyday amenities, all with quick access to Calgary. Whether you're enjoying a summer day at the lake, heading out for a bike ride or relaxing in your own backyard, this is a community built for enjoying life. Situated on a massive pie lot backing directly onto green space and a pathway, this fully loaded home offers an exceptional combination of space, location and character. Inside, the show stopping living room immediately catches your eye with vaulted beam ceilings, soaring windows and a stunning stone fireplace with mantle. The natural light and impressive architecture give the space a true vacation home feel. The dining room is perfectly positioned with direct access to the expansive deck and incredible backyard with hot tub. The kitchen is exceptionally spacious and designed for gathering, featuring a large centre island, pantry, bar fridge and raised eating bar, with plenty of room for everyone to come together. A main floor office offers the perfect work from home space and could easily function as a 5th bedroom if desired for those larger families. A convenient powder room and main floor laundry and mudroom provide direct access to the oversized heated garage. Upstairs, the bedrooms are impressively sized, a rare feature! The Jack and Jill bathroom is exceptionally functional, with large walk in closets and private vanities for each bedroom. The primary suite is a true retreat with its own vaulted ceiling, abundant natural light and a spacious ensuite complete with a walk in closet, tiled soaker tub, separate shower and dedicated makeup counter. The fully developed basement adds even more living space with an additional bedroom, full bathroom, large recreation room and wet bar, plus plenty of storage. Outside is where this property shines even more. The sprawling pie lot backs onto green space and a pathway, offering privacy and room to enjoy the outdoors. Relax in the hot tub, entertain on the large deck or let the kids enjoy the expansive yard complete with underground sprinklers. Additional features include central air conditioning, water softener, RO system, central vacuum, newer carpet upstairs, newer vinyl flooring, fresh paint and a new hot water tank (2026). A fantastic home, an incredible lot and a lake lifestyle- this is Rainbow Falls living at its best! Check out the virtual tour.
    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:
    2,089 sq. ft.
    Main Level Finished Area:
    1,030 sq. ft.
    Upper Level Finished Area:
    1,059 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    962 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Acreage:
    No
    Lot Area:
    8,332 sq. ft.
    Lot Frontage:
    112'8"
    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:
    Southwest
    Reg. Size:
    Reg. Size Includes:
    Levels:
    Two
    Total Rooms Above Grade:
    7
    Year built:
    2005 (Age: 21)
    Bedrooms:
    4 (Above Grd: 3)
    Bedrooms Above Grade:
    3
    Bedrooms On Main:
    0
    Bedrooms Below Grade:
    1
    Bathrooms:
    4.0 (Full:3, Half:1)
    Num Ensuite Baths:
    1
    Plan:
    0410177
    Heating:
    Forced Air
    Basement:
    Full, Finished, None
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Stone, Vinyl Siding, Wood Frame
    Structure Type:
    House
    Roof:
    Asphalt Shingle
    Ensuite:
    Yes
    Flooring:
    Carpet, Vinyl Plank
    Cooling:
    Central Air
    Fireplaces:
    1
    Fireplace Details:
    Gas, Mantle, Stone
    Garage:
    Yes
    Garage Spaces:
    2
    Parking:
    Double Garage Attached, Heated Garage
    Parking Places:
    4
    Parking Total/Covered:
    4 / -
    Laundry Features:
    Laundry Room, Main Level
    Rainbow Falls
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
    TV in basement, Sectional in Basement, Hot Tub, Garage Heater, all bar stools & dining chairs, Blinds (as is) 2 Bar Fridges, Storage Shed, Reverse Osmosis System
    None Known
    Floor
    Type
    Size
    Other
    Main Floor
    Dining Room
    11'6" × 9'7"
    Main Floor
    Kitchen
    16'9" × 16'6"
    Main Floor
    Living Room
    15' × 14'1"
    Main Floor
    Office
    12' × 9'11"
    2nd Floor
    Bedroom - Primary
    22'11" × 15'11"
    2nd Floor
    Bedroom
    15'1" × 11'6"
    2nd Floor
    Bedroom
    16'2" × 11'5"
    Lower Level
    Bedroom
    15'5" × 13'10"
    Basement
    Game Room
    22'8" × 19'10"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    2
    2nd Floor
    No
    4
    2nd Floor
    Yes
    5
    Basement
    No
    3
    Title to Land:
    Fee Simple
    Community Features:
    Lake, Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
    Interior Features:
    Beamed Ceilings, Central Vacuum, Closet Organizers, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Sump Pump(s), Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s), Wet Bar
    Exterior Features:
    None
    Patio And Porch Features:
    Deck
    Lot Features:
    Backs on to Park/Green Space, Low Maintenance Landscape, Pie Shaped Lot
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Chestermere
    Zoning:
    R1
    Listed Date:
    Oct 07, 2026
    Days on Mkt:
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    Listed by CIR Realty
    Data was last updated October 23, 2026 at 02:05 AM (UTC)
    Area Statistics
    Listings on market:
    17
    Avg list price:
    $678,888
    Min list price:
    $349,900
    Max list price:
    $839,900
    Avg days on market:
    45
    Min days on market:
    7
    Max days on market:
    85
    Avg price per sq.ft.:
    $323.53
    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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