Welcome to 408 Rainbow Falls Way, where comfort, space, and location come together in one of Chestermere's most sought-after communities. Backing directly onto the scenic canal pathway system, this beautifully maintained two-storey home offers direct access to walking and biking trails just steps from your backyard.
The bright, open-concept main floor is designed for everyday living and entertaining, featuring a warm gas fireplace, a spacious kitchen with ample cabinetry and workspace, and an inviting dining and living area filled with natural light.
Upstairs, you'll find three generous bedrooms, including a spacious primary retreat complete with a walk-in closet and private ensuite. A large bonus room provides the perfect space for family movie nights, a playroom, or a home office.
The fully finished basement expands your living space with a fourth bedroom, a convenient half bathroom, and plenty of room for guests, hobbies, or a recreation area.
Outside, enjoy professionally landscaped front and back yards and the privacy of backing onto green space and pathways instead of neighbouring homes. Located on a quiet street close to parks, schools, shopping, and all of Chestermere's amenities, this home offers an exceptional opportunity to enjoy the active, family-friendly lifestyle that Rainbow Falls is known for.
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"3.94 m × 10'1"3.07 m
Main Floor
Living Room
17'10"5.44 m × 14'9"4.50 m
Main Floor
Office
11'9"3.58 m × 9'5"2.87 m
Main Floor
Kitchen
10'9"3.28 m × 9'3"2.82 m
2nd Floor
Bedroom
13'3"4.04 m × 10'10"3.30 m
2nd Floor
Bedroom
10'2"3.10 m × 9'9"2.97 m
2nd Floor
Bonus Room
18'5.49 m × 15'2"4.62 m
2nd Floor
Bedroom - Primary
13'9"4.19 m × 13'4"4.06 m
2nd Floor
Walk-In Closet
9'8"2.95 m × 4'10"1.47 m
Basement
Bedroom
16'9"5.11 m × 10'5"3.18 m
Basement
Game Room
20'1"6.12 m × 12'7"3.84 m
Basement
Furnace/Utility Room
26'7.92 m × 20'2"6.15 m
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
Data was last updated August 2, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$579,900
Min list price:
$324,900
Max list price:
$1,250,000
Avg days on market:
39
Min days on market:
3
Max days on market:
105
Avg price per sq.ft.:
$304.81
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.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.