Looking to change your lifestyle to have non-stop entertainment out your back door? Well this custom built home is the place for you! This south facing pie lot is a dream come true for gardeners and sun lovers alike. Backing onto the canal where you can fish, run, ride or stroll along the paths while enjoying mountain views. How about being able to grab your kayaks or paddle boards and head out to the lake, it’s just a few minutes paddle away. Spend the day swimming in your pool and your evening lounging in the hot tub surrounded by the stars. Or enjoy a fire on the paving stone patio and listen to the coyotes howl nearby. Step inside this stunning two story to find an open floor plan with soaring 20′ ceilings and a wall of windows that frame the picturesque landscape beyond. Beautiful upgrades include hardwood floors, quartz countertops and stainless steel appliances. The kitchen has under cabinet lighting and an island that’s ideal for entertaining or grabbing a bite at. The main floor features a main floor bedroom (or flex space if you prefer) and separate office through french doors that could even be a formal dining room. Winding your way upstairs is a huge master retreat with 5 piece ensuite. There are two more bedrooms on the upper level, a 4 piece bath and laundry with sink. The lower level is almost complete, with high quality stain resistant carpet and framing ready for your finishing touch. The oversized garage is finished and has ample storage space. The garage and basement are roughed in for in-floor heating and there is a new high efficiency furnace for the pool. This home provides a lifestyle that is undeniably unique at a price that can’t be beat. Book your showing and prepare to be wowed!
Property Details
Price:
$665,000
MLS #:
A1088572
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Detached
Subdivision:
Rainbow Falls
Listed Date:
Dec 16, 2025
Finished Sq Ft:
2,426
Lot Size:
6,862 sqft / 0.16 acres (approx)
Year Built:
2005
See this Listing
Schools
Interior
Appliances
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer/Dryer
Basement
Full, Partially Finished
Bathrooms Full
2
Bathrooms Half
1
Laundry Features
Upper Level
Exterior
Exterior Features
Fire Pit
Lot Features
Backs on to Park/Green Space, Corner Lot, Creek/River/Stream/Pond, Lake, No Neighbours Behind, Landscaped, Pie Shaped Lot
Parking Features
Double Garage Attached
Parking Total
4
Patio And Porch Features
Deck
Pool Features
Outdoor Pool
Roof
Asphalt Shingle
Sewer
Public Sewer
Financial
Map
Community
- Address396 Rainbow Falls Way Chestermere AB
- SubdivisionRainbow Falls
- CityChestermere
- CountyChestermere
- Zip CodeT1X 1S6
Subdivisions in Chestermere
Market Summary
Current real estate data for Single Family in Chestermere as of Dec 17, 2025
4,107
Single Family Listed
4
Avg DOM
362
Avg $ / SqFt
$785,232
Avg List Price
Property Summary
- Located in the Rainbow Falls subdivision, 396 Rainbow Falls Way Chestermere AB is a Single Family for sale in Chestermere, AB, T1X 1S6. It is listed for $665,000 and features 4 beds, 3 baths, and has approximately 2,426 square feet of living space, and was originally constructed in 2005. The current price per square foot is $274. 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#a1088572 at 396 Rainbow Falls Way in Chestermere, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
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