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3 days on Market

408 Rainbow Falls Way, Chestermere, Alberta T1X 1S6

Detached
3 + 1
4 + 2
~2019.43 sqft
$724,900
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Detached
3 + 1
4 + 2
~2019.43 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$358/sqft

Monthly cost

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Description

Welcome to Rainbow Falls in Chestermere. This well-kept two-storey backs directly onto the scenic pathways—perfect for evening walks or weekend rides. The main floor features an inviting open layout with a cozy gas fireplace, a functional kitchen with plenty of cabinetry, and bright dining and living spaces that feel warm and connected. Upstairs offers three comfortable bedrooms, including a spacious primary suite with a large ensuite and walk-in closet, plus a versatile bonus room ideal for relaxing, gaming, or family movie nights. The fully developed basement adds even more value, complete with an additional bedroom, full bathroom, and a one-of-a-kind fan attic “man cave” that must be seen to be appreciated. The sellers are happy to include the fan cave setup in the sale or remove it prior to possession—buyer’s choice. Located on a quiet street in one of Chestermere’s most desirable neighbourhoods, this home delivers both comfort and community


Upcoming Open House

Nov 16Sun1:00 PM - 3:00 PM

Property Details

Style2 Storey
View-
Age of property2005
SqFt~2019.43 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2269868
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX Key

Features

Heating: Central
Central Vacuum
Cooling: Central Air
Basement: Full,Finished,None

Main Floor

2pc Bathroom

7`8" x 5`3"

Dining Room

10`1" x 12`11"

Living Room

17`10" x 14`9"

Office

9`5" x 11`9"


Features

Patio: Deck,Front Porch,Rear Porch

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Nov 8, 2025
ListedActive
$724,900
3 days on market
history photo preview43
Listing by pillar 9®
Property listed by RE/MAX Key, 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