Room to live, play, work and grow, inside and out! This spacious family home in the heart of Rainbow Falls is designed for the way life actually happens, with over 2,000 sq. ft. above grade, a finished basement, four bedrooms and multiple living spaces that give everyone room to spread out!
The main floor feels bright, comfortable and connected. Hardwood floors carry through the kitchen, dining and living areas, creating an easy flow for everyday routines and time together. Gather around the fireplace, enjoy meals overlooking the backyard, or step outside onto the deck when the weather is calling. A dedicated main floor office creates a quiet place to work, study or get creative without giving up a bedroom, while main floor laundry and a convenient powder room help keep busy days running smoothly.
Upstairs, the home really opens up for family life. Three bedrooms are joined by a generous bonus room that can change right along with you, whether that means movie nights, toys and playtime, gaming, homework or a little bit of everything. The primary bedroom offers its own walk in closet and private 4 piece ensuite, while the additional bedrooms share another full bathroom.
The finished basement adds even more flexibility. A fourth bedroom, large recreation room and half bath create a comfortable space for older kids, overnight guests, hobbies or family hangouts. There is also an impressive amount of storage, giving bikes, seasonal décor, sports equipment and all the extras that come with family life a place of their own.
The outdoor spaces feel like an extension of the home. Start the morning on the covered front porch, relax or entertain on the rear deck, and enjoy a fenced, established yard surrounded by mature trees and landscaping. From the backyard, step directly onto the community walking path and head to the pond just across the street, or to the South Shore of Chestermere Lake for a walk, bike ride or time by the water.
Rainbow Falls is made for an active, family friendly lifestyle, with parks, playgrounds, schools, shopping and an extensive network of pathways close by. Add central air conditioning and a double attached garage, and this is a home that brings together space, comfort, flexibility and everyday convenience in all the right ways.
The main floor feels bright, comfortable and connected. Hardwood floors carry through the kitchen, dining and living areas, creating an easy flow for everyday routines and time together. Gather around the fireplace, enjoy meals overlooking the backyard, or step outside onto the deck when the weather is calling. A dedicated main floor office creates a quiet place to work, study or get creative without giving up a bedroom, while main floor laundry and a convenient powder room help keep busy days running smoothly.
Upstairs, the home really opens up for family life. Three bedrooms are joined by a generous bonus room that can change right along with you, whether that means movie nights, toys and playtime, gaming, homework or a little bit of everything. The primary bedroom offers its own walk in closet and private 4 piece ensuite, while the additional bedrooms share another full bathroom.
The finished basement adds even more flexibility. A fourth bedroom, large recreation room and half bath create a comfortable space for older kids, overnight guests, hobbies or family hangouts. There is also an impressive amount of storage, giving bikes, seasonal décor, sports equipment and all the extras that come with family life a place of their own.
The outdoor spaces feel like an extension of the home. Start the morning on the covered front porch, relax or entertain on the rear deck, and enjoy a fenced, established yard surrounded by mature trees and landscaping. From the backyard, step directly onto the community walking path and head to the pond just across the street, or to the South Shore of Chestermere Lake for a walk, bike ride or time by the water.
Rainbow Falls is made for an active, family friendly lifestyle, with parks, playgrounds, schools, shopping and an extensive network of pathways close by. Add central air conditioning and a double attached garage, and this is a home that brings together space, comfort, flexibility and everyday convenience in all the right ways.
Property Details
Price:
$644,900
MLS #:
A2341209
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Rainbow Falls
Listed Date:
Sep 2, 2026
Finished Sq Ft:
2,012
Lot Size:
5,550 sqft / 0.13 acres (approx)
Year Built:
2005
See this Listing
Schools
Interior
Appliances
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Garburator, Microwave Hood Fan, Refrigerator, Washer
Basement
Full
Bathrooms Full
2
Bathrooms Half
2
Laundry Features
Laundry Room, Main Level
Exterior
Exterior Features
BBQ gas line
Lot Features
Back Yard, Backs on to Park/Green Space, Rectangular Lot
Parking Features
Double Garage Attached, Driveway, Oversized
Parking Total
4
Patio And Porch Features
Deck, Front Porch, Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address408 Rainbow Falls Way Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 1S8
Market Summary
Current real estate data for Single Family in Chestermere as of Sep 06, 2026
263
Single Family Listed
56
Avg DOM
367
Avg $ / SqFt
$828,947
Avg List Price
Property Summary
- Located in the Rainbow Falls subdivision, 408 Rainbow Falls Way Chestermere AB is a Single Family for sale in Chestermere, AB, T1X 1S8. It is listed for $644,900 and features 4 beds, 4 baths, and has approximately 2,012 square feet of living space, and was originally constructed in 2005. The current price per square foot is $321. The average price per square foot for Single Family listings in Chestermere is $367. The average listing price for Single Family in Chestermere is $828,947. To schedule a showing of MLS#a2341209 at 408 Rainbow Falls Way in Chestermere, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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