408 Rainbow Falls Way Chestermere, AB T1X 1S8
408 Rainbow Falls Way Chestermere, AB T1X 1S8 | MLS® A2341209 Photo 1
408 Rainbow Falls Way Chestermere, AB T1X 1S8 | MLS® A2341209 Photo 2
408 Rainbow Falls Way Chestermere, AB T1X 1S8 | MLS® A2341209 Photo 3
408 Rainbow Falls Way Chestermere, AB T1X 1S8 | MLS® A2341209 Photo 4
408 Rainbow Falls Way Chestermere, AB T1X 1S8 | MLS® A2341209 Photo 5
For more information on this listing, contact us at: (587) 415-0804
Active
$624,999
-3.1%

408 Rainbow Falls Way Chestermere, AB T1X 1S8

Detached Property Type
4 Beds
2 Full 2 Half Baths
2,013 Sq. Ft.
2005 Year Built
Chestermere County
View All Property Details
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 decor, 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.
MLS® # A2341209
Monthly Assoc. Fee N/A
On Site 62 Days
Last Updated 9/29/2026

Contact Agent

Elevate Realty Group

Elevate Realty Group

(587) 415-0804

Property Details

Community Information

Address 408 Rainbow Falls Way, Chestermere, AB T1X 1S8
County Chestermere
Zoning R-1
Subdivision Rainbow Falls
Postal Code T1X 1S8

Architecture

Bedrooms 4
Bathrooms 2 Full / 2 Half
Year Built 2005
Stories 2
Style 2 Storey
Construction Type Stone, Vinyl Siding, Wood Frame
Structure Type House
Roof Asphalt Shingle
Foundation Poured Concrete
Basement Full
Basement Development Finished

Features / Amenities

Exterior Features BBQ gas line
Flooring Carpet, Hardwood, Tile
Fireplace Gas
Amenities Breakfast Bar, Ceiling Fan(s), Pantry, Soaking Tub, Storage, Walk-In Closet(s)
Restrictions Utility Right Of Way
Laundry Laundry Room, Main Level
Bedrooms Above Grade 3
Bedrooms Below Grade 1
Parking Double Garage Attached, Driveway, Oversized
Number of Parking 4
Patio And Porch Deck, Front Porch, Patio
Unit Exposure W
Heating Forced Air

Square Footage Finished Sq. Ft.

Above Grade 2013
Below Grade 824
Total 2013

Property Features

Lot Size 0.13 Acres
Lot Features Back Yard, Backs on to Park/Green Space, Rectangular Lot
Front Exposure West
Community Features Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Zoning R-1

Rooms

LevelSizeDescription
Bedroom - PrimaryUpper13`4" x 13`10"
2pc BathroomMain7`8" x 5`4"
Dining RoomMain9`11" x 12`9"
KitchenMain9`1" x 10`10"
Living RoomMain17`11" x 14`7"
OfficeMain9`5" x 11`9"
4pc BathroomUpper9`9" x 4`11"
4pc Ensuite bathUpper9`10" x 10`8"
BedroomUpper9`10" x 10`3"
BedroomUpper13`4" x 10`11"
Bonus RoomUpper18`0" x 15`0"
Walk-In ClosetUpper4`9" x 9`7"
2pc BathroomBasement6`0" x 7`0"
BedroomBasement10`4" x 16`10"
Game RoomBasement13`7" x 20`1"
StorageBasement25`10" x 20`1"

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Price Change History

Date Old Price New Price Percent Change
9/29/2026 $644,900 $624,999
-3.1%

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Listing Information Last Updated 9/29/2026
Listing provided courtesy of RE/MAX Complete Realty.
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.
408 Rainbow Falls Way Chestermere, AB T1X 1S8
  • $624,999
  • 4 beds
  • 2 full  2 half baths
  • 2,013 Sq. Ft.