408 Rainbow Falls Way
Chestermere, AB T1X 1S8
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
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.
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
(587) 415-0804Property Details
Community Information
Address
408 Rainbow Falls Way, Chestermere, AB T1X 1S8
County
Chestermere
City
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
| Level | Size | Description | |
| Bedroom - Primary | Upper | 13`4" x 13`10" | |
| 2pc Bathroom | Main | 7`8" x 5`4" | |
| Dining Room | Main | 9`11" x 12`9" | |
| Kitchen | Main | 9`1" x 10`10" | |
| Living Room | Main | 17`11" x 14`7" | |
| Office | Main | 9`5" x 11`9" | |
| 4pc Bathroom | Upper | 9`9" x 4`11" | |
| 4pc Ensuite bath | Upper | 9`10" x 10`8" | |
| Bedroom | Upper | 9`10" x 10`3" | |
| Bedroom | Upper | 13`4" x 10`11" | |
| Bonus Room | Upper | 18`0" x 15`0" | |
| Walk-In Closet | Upper | 4`9" x 9`7" | |
| 2pc Bathroom | Basement | 6`0" x 7`0" | |
| Bedroom | Basement | 10`4" x 16`10" | |
| Game Room | Basement | 13`7" x 20`1" | |
| Storage | Basement | 25`10" x 20`1" |
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
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.