pillar/IMG-A2336539_1.jpg
18 hours on Market

199 LAVENDER Way, Chestermere, Alberta T1X 0B2

Detached
3 + 1
4 + 1
~2268.73 sqft
$799,900
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Detached
3 + 1
4 + 1
~2268.73 sqft

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Highlights

Property Estimate

Days on market18 hours

Estimated valueNot available

Price/Sqft$352/sqft

Monthly cost

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Description

Pride of ownership is evident throughout this beautifully maintained home, complete with a fully developed walkout basement and an incredible setting in Rainbow Falls. Tucked along a quiet street, the property backs directly onto the canal, walking path and green space, creating a beautiful backdrop to enjoy year-round. With a playground just across the street, schools nearby, a spacious floor plan and a stunning landscaped backyard, this home offers an ideal combination of space, location and family-friendly living. Step inside and you’re welcomed by impressive vaulted ceilings and an abundance of windows, filling the home with natural light and creating a bright, open atmosphere. A dedicated front office provides the perfect space for working from home, while the main living areas take full advantage of the beautiful views out back. The recently renovated (2024) modern chef's kitchen offers an abundance of cabinetry, quartz countertops, stainless steel appliances, a walk-through pantry, and a centre island with breakfast bar seating. The adjoining dining area opens directly onto a private balcony overlooking the backyard, canal, and green space - a wonderful spot to enjoy the peaceful surroundings. The living room is warm and inviting, with soaring ceilings and large windows showcasing the view. Upstairs, you’ll find a spacious bonus room and three bedrooms, including the generous primary retreat with plenty of room to unwind. The 5-piece ensuite features dual sinks, a soaker tub, separate shower and private water closet, while a walk-in closet completes the space. The fully developed walkout lower level adds even more room to enjoy, featuring a fourth bedroom, massive recreation room, cozy fireplace and convenient wet bar - an ideal setup for movie nights, entertaining guests or simply giving everyone a little extra space. Outside, the beautifully landscaped backyard is truly an extension of the home. Generous in size and surrounded by beautiful views, yet importantly offering a ton of privacy, there is plenty of space to entertain family and friends or simply relax outdoors and take in the canal and green space beyond. For those who love getting outside, the 5.5 km Rainbow Falls Loop walking paths are just steps away, offering a beautiful route through the community. Located in the established Rainbow Falls community of Chestermere, close to schools, parks, pathways, shopping and local amenities, this home combines an exceptional location with space, functionality and a setting that is hard to beat. This is the kind of home that simply makes sense for family living.


Property Details

Style2 Storey
View-
Age of property2006
SqFt~2268.73 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2336539
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,Walk Out

Main Floor

Kitchen

14`0" x 12`1"

Dining Room

14`0" x 8`10"

Pantry

7`0" x 6`2"

Living Room

16`0" x 12`3"


Features

Patio: Balcony(s),Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Aug 21, 2026
ListedActive
$799,900
18 hours on market
history photo preview49
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2025

21 days

2024

25 days

2023

33 days

New Listings

Past 30 days

8 listings

Compared to

2025

5 listings

2024

3 listings

2023

3 listings

Units sold

Past 30 days

3 units

Compared to

2025

2 units

2024

6 units

2023

3 units

Median Sold Price

Past 30 days

$940,000

Compared to

2025

$767,450

2024

$742,500

2023

$661,500


Population and Demographics

Overview

Total population 1592
Average household income $154,950

Age (%)

0 to 19
32%
20 to 34
15%
35 to 49
29%
50 to 64
16%
65 and plus
9%

Household composition (%)

Single family
83%
Single person
12%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
79%
Punjabi (Panjabi)
6%
Vietnamese
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Arabic
2%
Spanish
2%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget