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Rainbow Falls · Chestermere

432 Rainbow Falls Way, Chestermere

$659,900

Rainbow Falls, Chestermere, Alberta T1X 1S6 · MLS® A2350802

4
Bedrooms
3.5
Bathrooms

3 full · 1 half

2,089
Sq ft above grade

+962 below

$316
Per sq ft

About This Property

*OPEN HOUSE, Sat. Oct. 10, 1-3pm* Welcome to Rainbow Falls, where family friendly living meets an incredible outdoor lifestyle! Just minutes from Chestermere Lake, this established community offers beautiful parks, water features, pathways, bike trails, schools, recreation and everyday amenities, all with quick access to Calgary. Whether you're enjoying a summer day at the lake, heading out for a bike ride or relaxing in your own backyard, this is a community built for enjoying life. Situated on a massive pie lot backing directly onto green space and a pathway, this fully loaded home offers an exceptional combination of space, location and character. Inside, the show stopping living room immediately catches your eye with vaulted beam ceilings, soaring windows and a stunning stone fireplace with mantle. The natural light and impressive architecture give the space a true vacation home feel. The dining room is perfectly positioned with direct access to the expansive deck and incredible backyard with hot tub. The kitchen is exceptionally spacious and designed for gathering, featuring a large centre island, pantry, bar fridge and raised eating bar, with plenty of room for everyone to come together. A main floor office offers the perfect work from home space and could easily function as a 5th bedroom if desired for those larger families. A convenient powder room and main floor laundry and mudroom provide direct access to the oversized heated garage. Upstairs, the bedrooms are impressively sized, a rare feature! The Jack and Jill bathroom is exceptionally functional, with large walk in closets and private vanities for each bedroom. The primary suite is a true retreat with its own vaulted ceiling, abundant natural light and a spacious ensuite complete with a walk in closet, tiled soaker tub, separate shower and dedicated makeup counter. The fully developed basement adds even more living space with an additional bedroom, full bathroom, large recreation room and wet bar, plus plenty of storage. Outside is where this property shines even more. The sprawling pie lot backs onto green space and a pathway, offering privacy and room to enjoy the outdoors. Relax in the hot tub, entertain on the large deck or let the kids enjoy the expansive yard complete with underground sprinklers. Additional features include central air conditioning, water softener, RO system, central vacuum, newer carpet upstairs, newer vinyl flooring, fresh paint and a new hot water tank (2026). A fantastic home, an incredible lot and a lake lifestyle- this is Rainbow Falls living at its best! Check out the virtual tour.

View the virtual tour

Property Details

Interior

Bedrooms
4
Bathrooms
3 full · 1 half
Ensuite bathrooms
1
Rooms above grade
7
Above grade
2,089 sq ft
Main level
1,030 sq ft
Upper level
1,059 sq ft
Finished below grade
962 sq ft
Total finished
3,051 sq ft
Basement
Full · Finished
Fireplaces
1 fireplace
Laundry
Laundry Room, Main Level

Interior features

  • Beamed Ceilings
  • Central Vacuum
  • Closet Organizers
  • Kitchen Island
  • No Smoking Home
  • Open Floorplan
  • Pantry
  • Sump Pump(s)
  • Vaulted Ceiling(s)
  • Vinyl Windows
  • Walk-In Closet(s)
  • Wet Bar

Flooring

  • Carpet
  • Vinyl Plank

Fireplace

  • Gas
  • Mantle
  • Stone

Building

Property type
Detached
Structure
House
Style
2 Storey
Levels
Two
Year built
2005
Front exposure
SW

Construction

  • Stone
  • Vinyl Siding
  • Wood Frame

Roof

  • Asphalt Shingle

Foundation

  • Poured Concrete

Heating, cooling & services

Heating
Forced Air
Cooling
Central Air

Parking

Garage
Double Garage Attached, Heated Garage · 2 spaces
Garage size
22`4" x 21`9"
Total parking
4 spaces

Lot & outdoors

Lot size
8,332 sq ft
Acreage
0.19 acres
Frontage
112.7 ft
Fencing
Fenced

Lot features

  • Backs on to Park/Green Space
  • Low Maintenance Landscape
  • Pie Shaped Lot

Outdoor living

  • Deck

In the community

  • Lake
  • Park
  • Playground
  • Schools Nearby
  • Shopping Nearby
  • Walking/Bike Paths

Costs & ownership

Annual property tax
$4,370 (2026)
Title
Fee Simple
Ownership
Private
Zoning
R1
Restrictions
None Known

Listing & availability

MLS® number
A2350802
Listed
Oct 7, 2026
Days on market
2
Possession
Negotiable
Listing office
CIR Realty

Included in the sale

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener

Other inclusions: TV in basement, Sectional in Basement, Hot Tub, Garage Heater, all bar stools & dining chairs, Blinds (as is) 2 Bar Fridges, Storage Shed, Reverse Osmosis System

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling

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