5 days on Market

408 Rainbow Falls Way, Chestermere, Alberta T1X 1S8

Detached
3 + 1
4 + 2
~2012.81 sqft
$644,900
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Detached
3 + 1
4 + 2
~2012.81 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$320/sqft

Monthly cost

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Description

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 décor, 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.


Property Details

Style2 Storey
View-
Age of property2005
SqFt~2012.81 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2341209
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX Complete Realty

Features

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

Main Floor

Living Room

17`11" x 14`7"

Office

9`5" x 11`9"

2pc Bathroom

7`8" x 5`4"

Dining Room

9`11" x 12`9"


Features

Patio: Deck,Front Porch,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property listed by RE/MAX Complete Realty, 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

44 days

Compared to

2025

78 days

2024

22 days

2023

39 days

New Listings

Past 30 days

8 listings

Compared to

2025

4 listings

2024

7 listings

2023

6 listings

Units sold

Past 30 days

3 units

Compared to

2025

1 unit

2024

4 units

2023

2 units

Median Sold Price

Past 30 days

$1,059,000

Compared to

2025

$935,000

2024

$790,000

2023

$720,000


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