5 days on Market

308 Rainbow Falls Way, Chestermere, Alberta T1X 1W5

Detached
3 + 2
5 + 1
~2900.00 sqft
$1,099,900
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Detached
3 + 2
5 + 1
~2900.00 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$379/sqft

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Description

Welcome home to 308 Rainbow Falls Way! This custom built home offers over 3900 SF of living space over 3 levels and has upgrades done through out; such as the original floor plan being extended by 3 feet, plumbing upgrades, spray foam insulation to rim joist, upgraded electrical panel and upgraded granite counters through out, just to name a few. The main floor boasts of hardwood flooring and has an excellent floorplan for family life featuring a front flex room - perfect for a home office and living room with cozy fireplace open to the kitchen and dining area great for entertaining. The custom kitchen is a chef's dream with a extra large central island and seating, petrified wood granite counters, stainless steel appliances, an abundance of cabinets, plus the dining area with access to your south facing balcony overlooking the green space and the canal walkways. There is a walk thru pantry and 2 piece bath to complete this level. The open riser staircase leads to the upper level where you will find the family room with vaulted ceilings, the primary suite with warm cork floors with upgraded subflooring and a massive walk-in closet with custom organizers by Home Solutions , and spa like ensuite with double vanities, soaker tub and separate shower. There are also 2 good sized bedrooms, the main bath and laundry room. The walk-out basement is fully finished and offers a large rec room, 4 piece bath and 2 more bedrooms, one which has an ensuite - perfect for guests. From the rec room you have direct access to the patio and your fully fenced private south facing back yard with relaxing views of the greenspace and canal. There are 2 custom built sheds by Shed Solutions for all your gardening needs. The attached 3 car garage has custom shelving and provides plenty of parking for you and your guests. You are just steps away from the pathways leading to Rainbow Falls pond and Chestermere Lake. Don't miss out on this great family home located within an easy commute of downtown Calgary and great access to major thoroughfares!


Property Details

Style2 Storey
View-
Age of property2014
SqFt~2900.00 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2271922
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX First

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Finished,Walk Out

Main Floor

Living Room

13`10" x 12`0"

Dining Room

14`8" x 11`11"

Kitchen

17`0" x 12`1"

Flex Space

12`3" x 10`0"


Features

Patio: Balcony(s),Patio

Parking

Garage spaces 3

Garage type -

Other parking spaces 0

Total parking spaces 3


Property History

Nov 21, 2025
ListedActive
$1,099,900
5 days on market
history photo preview50
Listing by pillar 9®
Property listed by RE/MAX First, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

40 days

2023

36 days

2022

43 days

New Listings

Past 30 days

3 listings

Compared to

2024

2 listings

2023

1 listing

2022

4 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

4 units

2022

2 units

Median Sold Price

Past 30 days

$702,250

Compared to

2024

$720,000

2023

$690,000

2022

$654,250


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