There are multiple listings for this address:
Fully Finished WALK-OUT basement backing onto CANAL! Welcome to your dream home in the prestigious Estates of Rainbow Falls! Backing directly onto the peaceful canal that leads to Chestermere Lake—with no neighbors behind and mountain views—this remarkable property offers the perfect blend of elegance, comfort, and location. This property offers over 3,500 sq ft of beautifully finished living space. The main level features rich birch hardwood floors, vaulted ceilings, and expansive windows that flood the home with natural light while showcasing the serene backyard, canal and distant lake views. A spacious front den makes for the perfect home office, while the formal living and dining rooms provide ideal open plan space for entertaining. The family room, centered around a cozy fireplace with a wooden mantle, flows effortlessly into the high-end gourmet kitchen, which boasts shaker-style cabinetry, granite countertops, top-of-the-line stainless steel appliances, deep undermount sinks, on demand hot water, center island, garburator, under-cabinet lighting and a walk-through pantry for added convenience. From the dining area, step out onto the private south facing upper deck with a gas BBQ line and a spiral staircase leading to the lower patio, perfect for enjoying warm evenings with a view. A 2 pc powder room and laundry area complete the main floor. Upstairs, you’ll be amazed by the massive bonus room with vaulted ceilings and large windows overlooking the storm pond, along with two generously sized bedrooms and a well-appointed 4 pc bath. The luxurious primary suite features a spa-like 5 pc ensuite with a deep air-jetted soaker tub with canal views, stand-up shower, double vanities, bidet toilet, and a spacious walk-in closet. The fully finished walkout basement offers an expansive rec room with a wet bar—ideal for movie nights or entertaining—as well as a fourth bedroom, an additional 3 pc bathroom, and plenty of storage space. Walk out to your new aggregate covered concrete patio and beautifully landscaped backyard oasis with large shed, trampoline and bbq table. Additional features include central air conditioning, on demand hot water system including a instant hot water spout on sink , central Vacuflo, and knock-down, ceilings with rounded corners throughout. Nestled in a quiet, family-friendly neighborhood with year-round activities that only Chestermere can offer such as swimming, fishing, boating, golfing, and scenic walking paths, this remarkable home is truly a rare find. Don’t miss the opportunity to call this breathtaking canal-side property connected to major biking paths and scenic walks is your forever home. Endless exploration awaits!
Property Details
Price:
$749,900
MLS #:
A2004893
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Rainbow Falls
Listed Date:
Dec 15, 2025
Finished Sq Ft:
2,490
Lot Size:
5,371 sqft / 0.12 acres (approx)
Year Built:
2006
See this Listing
Schools
Interior
Appliances
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer/Dryer, Water Softener
Basement
Finished, Full, Walk- Out To Grade
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Main Level
Exterior
Exterior Features
None
Lot Features
Backs on to Park/Green Space, Creek/River/Stream/Pond, No Neighbours Behind, Rectangular Lot
Parking Features
Assigned, Double Garage Attached
Parking Total
2
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address356 Rainbow Falls Way Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 1W5
Subdivisions in Chestermere
Market Summary
Current real estate data for Single Family in Chestermere as of Dec 16, 2025
4,107
Single Family Listed
3
Avg DOM
362
Avg $ / SqFt
$785,232
Avg List Price
Property Summary
- Located in the Rainbow Falls subdivision, 356 Rainbow Falls Way Chestermere AB is a Single Family for sale in Chestermere, AB, T1X 1W5. It is listed for $749,900 and features 4 beds, 4 baths, and has approximately 2,490 square feet of living space, and was originally constructed in 2006. The current price per square foot is $301. The average price per square foot for Single Family listings in Chestermere is $362. The average listing price for Single Family in Chestermere is $785,232. To schedule a showing of MLS#a2004893 at 356 Rainbow Falls Way in Chestermere, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
Similar Listings Nearby

356 Rainbow Falls Way
Chestermere, AB
Fully Finished WALK-OUT basement backing onto CANAL! Welcome to your dream home in the prestigious Estates of Rainbow Falls! Backing directly onto the peaceful canal that leads to Chestermere Lake—with no neighbors behind and mountain views—this remarkable property offers the perfect blend of elegance, comfort, and location. This property offers over 3,500 sq ft of beautifully finished living space. The main level features rich birch hardwood floors, vaulted ceilings, and expansive windows that flood the home with natural light while showcasing the serene backyard, canal and distant lake views. A spacious front den makes for the perfect home office, while the formal living and dining rooms provide ideal open plan space for entertaining. The family room, centered around a cozy fireplace with a wooden mantle, flows effortlessly into the high-end gourmet kitchen, which boasts shaker-style cabinetry, granite countertops, top-of-the-line stainless steel appliances, deep undermount sinks, on demand hot water, center island, garburator, under-cabinet lighting and a walk-through pantry for added convenience. From the dining area, step out onto the private south facing upper deck with a gas BBQ line and a spiral staircase leading to the lower patio, perfect for enjoying warm evenings with a view. A 2 pc powder room and laundry area complete the main floor. Upstairs, you’ll be amazed by the massive bonus room with vaulted ceilings and large windows overlooking the storm pond, along with two generously sized bedrooms and a well-appointed 4 pc bath. The luxurious primary suite features a spa-like 5 pc ensuite with a deep air-jetted soaker tub with canal views, stand-up shower, double vanities, bidet toilet, and a spacious walk-in closet. The fully finished walkout basement offers an expansive rec room with a wet bar—ideal for movie nights or entertaining—as well as a fourth bedroom, an additional 3 pc bathroom, and plenty of storage space. Walk out to your new aggregate covered concrete patio and beautifully landscaped backyard oasis with large shed, trampoline and bbq table. Additional features include central air conditioning, on demand hot water system including a instant hot water spout on sink , central Vacuflo, and knock-down, ceilings with rounded corners throughout. Nestled in a quiet, family-friendly neighborhood with year-round activities that only Chestermere can offer such as swimming, fishing, boating, golfing, and scenic walking paths, this remarkable home is truly a rare find. Don’t miss the opportunity to call this breathtaking canal-side property connected to major biking paths and scenic walks is your forever home. Endless exploration awaits!
Property Details
Price:
$729,900
MLS #:
A2016347
Status:
Pending
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Rainbow Falls
Listed Date:
Dec 15, 2025
Finished Sq Ft:
2,490
Lot Size:
5,371 sqft / 0.12 acres (approx)
Year Built:
2006
See this Listing
Schools
Interior
Appliances
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer/Dryer, Water Softener
Basement
Finished, Full, Walk- Out To Grade
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Main Level
Exterior
Exterior Features
None
Lot Features
Backs on to Park/Green Space, Creek/River/Stream/Pond, No Neighbours Behind, Rectangular Lot
Parking Features
Assigned, Double Garage Attached
Parking Total
2
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address356 Rainbow Falls Way Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 1W5
Subdivisions in Chestermere
Market Summary
Current real estate data for Single Family in Chestermere as of Dec 16, 2025
4,107
Single Family Listed
3
Avg DOM
362
Avg $ / SqFt
$785,232
Avg List Price
Property Summary
- Located in the Rainbow Falls subdivision, 356 Rainbow Falls Way Chestermere AB is a Single Family for sale in Chestermere, AB, T1X 1W5. It is listed for $729,900 and features 4 beds, 4 baths, and has approximately 2,490 square feet of living space, and was originally constructed in 2006. The current price per square foot is $293. The average price per square foot for Single Family listings in Chestermere is $362. The average listing price for Single Family in Chestermere is $785,232. To schedule a showing of MLS#a2016347 at 356 Rainbow Falls Way in Chestermere, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
Similar Listings Nearby
Fully Finished WALK-OUT basement backing onto CANAL! Welcome to your dream home in the prestigious Estates of Rainbow Falls! Backing directly onto the peaceful canal that leads to Chestermere Lake—with no neighbors behind and mountain views—this remarkable property offers the perfect blend of elegance, comfort, and location. This property offers over 3,500 sq ft of beautifully finished living space. The main level features rich birch hardwood floors, vaulted ceilings, and expansive windows that flood the home with natural light while showcasing the serene backyard, canal and distant lake views. A spacious front den makes for the perfect home office, while the formal living and dining rooms provide ideal open plan space for entertaining. The family room, centered around a cozy fireplace with a wooden mantle, flows effortlessly into the high-end gourmet kitchen, which boasts shaker-style cabinetry, granite countertops, top-of-the-line stainless steel appliances, deep undermount sinks, on demand hot water, center island, garburator, under-cabinet lighting and a walk-through pantry for added convenience. From the dining area, step out onto the private south facing upper deck with a gas BBQ line and a spiral staircase leading to the lower patio, perfect for enjoying warm evenings with a view. A 2 pc powder room and laundry area complete the main floor. Upstairs, you’ll be amazed by the massive bonus room with vaulted ceilings and large windows overlooking the storm pond, along with two generously sized bedrooms and a well-appointed 4 pc bath. The luxurious primary suite features a spa-like 5 pc ensuite with a deep air-jetted soaker tub with canal views, stand-up shower, double vanities, bidet toilet, and a spacious walk-in closet. The fully finished walkout basement offers an expansive rec room with a wet bar—ideal for movie nights or entertaining—as well as a fourth bedroom, an additional 3 pc bathroom, and plenty of storage space. Walk out to your new aggregate covered concrete patio and beautifully landscaped backyard oasis with large shed, trampoline and bbq table. Additional features include central air conditioning, on demand hot water system including a instant hot water spout on sink , central Vacuflo, and knock-down, ceilings with rounded corners throughout. Nestled in a quiet, family-friendly neighborhood with year-round activities that only Chestermere can offer such as swimming, fishing, boating, golfing, and scenic walking paths, this remarkable home is truly a rare find. Don’t miss the opportunity to call this breathtaking canal-side property connected to major biking paths and scenic walks is your forever home. Endless exploration awaits!
Property Details
Price:
$929,999
MLS #:
A2204401
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Rainbow Falls
Listed Date:
Dec 16, 2025
Finished Sq Ft:
2,485
Lot Size:
5,371 sqft / 0.12 acres (approx)
Year Built:
2006
See this Listing
Schools
Interior
Appliances
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer/Dryer, Water Softener
Basement
Finished, Full, Walk- Out To Grade
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Main Level
Exterior
Exterior Features
None
Lot Features
Backs on to Park/Green Space, Creek/River/Stream/Pond, No Neighbours Behind, Rectangular Lot
Parking Features
Assigned, Double Garage Attached
Parking Total
2
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address356 Rainbow Falls Way Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 1W5
Subdivisions in Chestermere
Market Summary
Current real estate data for Single Family in Chestermere as of Dec 16, 2025
4,107
Single Family Listed
3
Avg DOM
362
Avg $ / SqFt
$785,232
Avg List Price
Property Summary
- Located in the Rainbow Falls subdivision, 356 Rainbow Falls Way Chestermere AB is a Single Family for sale in Chestermere, AB, T1X 1W5. It is listed for $929,999 and features 4 beds, 4 baths, and has approximately 2,485 square feet of living space, and was originally constructed in 2006. The current price per square foot is $374. The average price per square foot for Single Family listings in Chestermere is $362. The average listing price for Single Family in Chestermere is $785,232. To schedule a showing of MLS#a2204401 at 356 Rainbow Falls Way in Chestermere, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
