New Listing
$849,900
 $4,562 est/mo Sourced by Back At You

396 Rainbow Falls Way,Chestermere, AB T1X1S6

Chestermere, AB T1X1S6

Share:

Description

Welcome to 396 Rainbow Falls Way, a beautifully maintained two-storey home offering a rare lifestyle opportunity in one of Chestermere's sought-after canal communities. Set on a large pie-shaped lot with a sunny southwest-facing backyard, this property backs onto the pathway system, canal and green space, creating an exceptional setting for outdoor living, beautiful views and recreation just beyond your back gate. Enjoy canal-side walks, cycling, kayaking or paddleboarding just steps from home.From the moment you arrive, the home impresses with beautiful curb appeal, a covered front porch, Hardie Board siding and a well-maintained exterior. Inside, hardwood flooring welcomes you into an inviting layout. Just off the entry, French doors open to a dedicated main-floor office, ideal for working from home, while a separate main-floor bedroom offers flexibility for guests or family. A convenient two-piece bathroom completes this level.The heart of the home is the beautifully appointed kitchen, featuring quartz countertops, stainless steel appliances, under-cabinet lighting, ample prep space and a large island ideal for casual dining or entertaining. The kitchen flows into the dining area and spacious living room, where soaring open-to-above ceilings and expansive windows bring in natural light while framing the backyard views. A fireplace anchors the living space, making this impressive room equally inviting on quieter evenings. From the dining area, step onto the upper deck and down to the stamped-concrete covered patio, ideal for summer evenings, morning coffee or gatherings with friends. The expansive, private backyard offers room for children to play, gardening or simply soaking up the southwest sunshine, with greenery, pathways and the canal beyond. The deep lot offers space to spread out, while the open landscape behind the property adds to the peaceful, private setting.Upstairs, the primary retreat offers an abundance of space, a walk-in closet and a five-pi ece ensuite. Two additional generously sized bedrooms are complemented by a four-piece bathroom and separate laundry room with sink, adding convenience to the upper level.The fully finished basement extends the living space with a large recreation room, an additional bedroom, a four-piece bathroom, storage and utility space with plenty of flexibility for movie nights, hobbies or visiting family. In-floor heating adds comfort to the basement and oversized finished garage, both served by a new boiler. Additional highlights include two furnaces and two brand-new front windows.With nearly 2,500 square feet above grade, five bedrooms, a finished basement, an oversized heated garage and a southwest-facing backyard backing onto the canal, green space and pathways, this home offers an outstanding combination of space, comfort and lifestyle. Enjoy a walk or bike ride along the pathways, paddle toward the lake, or unwind in your own private outdoor retreat. 396 Rainbow Falls Way is a special place to call home. (id:13843)

Details

MLS #A2354273
Listing TypeFor Sale
StyleHouse
StatusActive
Year2005
Days On Site3
Listing Provided ByeXp Realty | Adnan Ali Assaf

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,490
Garage4
BasementY
Story(s)2
ZoningR-1
Acreage0.16
Golf CourseYes

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Water softener, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Window Coverings, Garage door opener
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Lot FeaturesTreed, No neighbours behind, French door, Gas BBQ Hookup
Foundation DetailsPoured Concrete
FencingFence

Parking

Parking FeaturesAttached Garage, Garage, Heated Garage
Parking Total4

Taxes

Tax Annual Amount849900
Tax Block5
Tax Lot44
Tax Year2026

Area Information

ProvinceAB
CityChestermere
Postal CodeT1X1S6
Community NameRainbow Falls
Listing VS Median (in Rainbow Falls)
Price:
$849,900
low | high
Med:
$749,900
61.76609012825% of Average
sqft:
2,490
low | high
Med:
2,251
59.598393574297% of Average
$ / sqft:
$341
low | high
Med:
$333
52.397851807794% of Average
On site:
3
low | high
Med:
19
15.789473684211% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

Contact

Learn More About This Property

ProvinceAB
CityChestermere
Postal CodeT1X1S6
Community NameRainbow Falls
Listing VS Median (in Rainbow Falls)
Price:
$849,900
low | high
Med:
$749,900
61.76609012825% of Average
sqft:
2,490
low | high
Med:
2,251
59.598393574297% of Average
$ / sqft:
$341
low | high
Med:
$333
52.397851807794% of Average
On site:
3
low | high
Med:
19
15.789473684211% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $637K - $1.062M
sqft: 1,500 - 3,000
Listing Updated: November 5, 2026 at 2:59:23 PM PST