3 days on Market

385 Rainbow Falls Way, Chestermere, Alberta T1X 1S6

Detached
3
4 + 2
~2449.27 sqft
$800,000
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Detached
3
4 + 2
~2449.27 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$326/sqft

Monthly cost

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Description

OPEN HOUSE- SATURDAY MAY 2, 12-2PM Substantially upgraded in 2024, this triple garage home, perfectly positioned on a bright corner lot, backing onto a peaceful walking path to a beautiful pond-is the one you have been waiting for! Designed with growing families in mind, this home offers the space, functionality, and quality finishes that make everyday living and entertaining effortless. From the moment you step into the spacious foyer, you’ll appreciate the care and investment that has gone into this home. A versatile front flex room provides the perfect space for a home office, study area, or formal sitting room. The main floor features 9-foot ceilings, new luxury plank flooring, fresh interior paint, and updated lighting and fixtures throughout, creating a warm yet elevated atmosphere. At the heart of the home is the fully renovated kitchen, truly a standout for families who love to cook and gather. Featuring full-height cabinetry, stainless steel appliances including a stunning gas range, and a highly desirable walkthrough pantry for added convenience and storage. The adjoining dining area comfortably fits a large table, ideal for hosting family meals and celebrations. The living room is both spacious and inviting, anchored by a beautifully updated gas fireplace. Large windows flood the home with natural light, enhanced by custom window coverings, while AC ensures comfort during warmer months. The main floor is completed by a 2-piece powder room and a functional mudroom with built-in bench, perfect for busy households. Upstairs, you’ll find fresh new carpet throughout. The primary suite is generously sized and offers a private retreat with a walk-in closet and a luxurious 5-piece ensuite featuring a relaxing jetted tub. Two additional bedrooms are well-sized for family living, and the convenient upper-level laundry includes newer washer and dryer. The bonus room is a true highlight, featuring vaulted ceilings, large bright windows, and a unique built-in office/study space. The partially finished basement offers an open layout with two large windows, providing incredible potential for future development to suit a larger family. Outside, the landscaped yard is designed for enjoyment, complete with a large deck featuring glass railing and hidden storage tucked underneath. The exterior stucco has been freshly painted with elegant stone accents adding to the home’s upscale appeal. The triple garage is a dream setup: heated, insulated, with new modern doors, cabinetry, bike racks and both hot and cold water taps. You cant miss the oversized driveway! With all the major upgrades already completed, including appliances, flooring, paint (interior and exterior), Garage doors, Hot water tank, lighting, and fixtures, this is a true turnkey home where the big-ticket items are done. Simply move in with time to enjoy the summer.


Property Details

Style2 Storey
View-
Age of property2007
SqFt~2449.27 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2304494
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Partially Finished,Other

Main Floor

Office

10`0" x 11`2"

Living Room

14`0" x 16`0"

Kitchen

11`9" x 15`3"

2pc Bathroom

5`5" x 5`6"


Parking

Garage spaces 3

Garage type -

Other parking spaces 3

Total parking spaces 6


Property History

Apr 30, 2026
ListedActive
$800,000
3 days on market
history photo preview50
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Strong Buyer'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

14 days

Compared to

2025

48 days

2024

27 days

2023

29 days

New Listings

Past 30 days

8 listings

Compared to

2025

3 listings

2024

12 listings

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

4 units

2024

3 units

2023

3 units

Median Sold Price

Past 30 days

$692,500

Compared to

2025

$774,500

2024

$769,000

2023

$705,000


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