392 Rainbow Falls Way - Photo 1 of 48, Chestermere, Alberta
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$860,900

392 Rainbow Falls Way — Chestermere, Alberta

T1X1S6

RE/MAX Key
4Beds
4Baths
2,286Sq Ft
6Parking
2004Built
6,002Lot Sq Ft

About This Property

Luxury canal-front living with a private backyard resort in Rainbow Falls. Tucked away on a quiet street and backing directly onto the scenic canal pathways, this beautifully maintained original-owner home offers a lifestyle that is rarely available in Chestermere.The south-facing backyard is a true retreat, featuring a low maintenance, heated outdoor pool (16x30) with a hard locking safety cover, hot tub, expansive patio, sunroom, fenced dog run, and large side yard — all perfectly positioned to take in the peaceful canal views. Pool care is quick and straightforward thanks to the streamlined system. A private gate provides direct access to the pathway system and the lake just a short walk away.Inside, the home welcomes you with a large entrance and bright front office, ideal for working from home. The open concept main floor is designed for entertaining with a spacious living room, gas fireplace, and a stunning kitchen featuring quartz countertops, a large gathering island, gas stove, walk-through pantry, and a dining area overlooking the pool and canal.Upstairs, the impressive vaulted bonus room with oversized windows creates a perfect family gathering space. The primary retreat is truly special, with corner windows capturing beautiful canal views, a walk-in closet, and a spa-inspired 5-piece ensuite. Two additional bedrooms complete the upper level.The fully finished basement provides additional living space with a fourth bedroom, full 4pce bath and a flexible workshop/office area.For car lovers or hobbyists, the heated quad attached garage (tandem bay) includes 240V wiring, hot and cold water sink with a dedicated hobby space.Extensive upgrades include triple-pane windows, Hunter Douglas blinds with room-darkening shades, air conditioning, Hardy board siding, Class 4 impact resistant shingles, commercial 6" eaves, Gemstone Lights and fresh paint throughout the entire home.This is a rare opportunity to own a canal-front home with a private pool an d resort-style backyard in one of Chestermere’s most sought-after communities. (id:63357)

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
4
Bathrooms
4
Half Baths
1
Living Area
2,286 sqft
Above Grade Area
2,286 sqft
Year Built
2004
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 392 Rainbow Falls Way

Parks & Recreation

POI data updated 3/13/2026

Price History

$860,900

May 18, 2026

$88,100

-9.3%

$949,000

Apr 3, 2026

$10,000

-1.0%

Chestermere Market Snapshot

300

Active Listings

$705K

Median Price

Avg Days on Market

Last updated: May 18, 2026

Listed by

RE/MAX Key

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$860,900
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Oakwyn Realty Ltd.

Search Listings Online Inc.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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