$775,000
199 LAVENDER WayRainbow Falls, Chestermere, AB T1X 0B2
- 4 beds
- 4 baths
- 2,269 sq ft
- Detached
Listing courtesy of Real Broker · MLS® A2336539
About this home
Pride of ownership is evident throughout this beautifully maintained home, complete with a fully developed walkout basement and an incredible setting in Rainbow Falls. Tucked along a quiet street, the property backs directly onto the canal, walking path and green space, creating a beautiful backdrop to enjoy year-round. With a playground just across the street, schools nearby, a spacious floor plan and a stunning landscaped backyard, this home offers an ideal combination of space, location and family-friendly living. Step inside and you’re welcomed by impressive vaulted ceilings and an abundance of windows, filling the home with natural light and creating a bright, open atmosphere. A dedicated front office provides the perfect space for working from home, while the main living areas take full advantage of the beautiful views out back. The recently renovated (2024) modern chef's kitchen offers an abundance of cabinetry, quartz countertops, stainless steel appliances, a walk-through pantry, and a centre island with breakfast bar seating. The adjoining dining area opens directly onto a private balcony overlooking the backyard, canal, and green space - a wonderful spot to enjoy the peaceful surroundings. The living room is warm and inviting, with soaring ceilings and large windows showcasing the view. Upstairs, you’ll find a spacious bonus room and three bedrooms, including the generous primary retreat with plenty of room to unwind. The 5-piece ensuite features dual sinks, a soaker tub, separate shower and private water closet, while a walk-in closet completes the space. The fully developed walkout lower level adds even more room to enjoy, featuring a fourth bedroom, massive recreation room, cozy fireplace and convenient wet bar - an ideal setup for movie nights, entertaining guests or simply giving everyone a little extra space. Outside, the beautifully landscaped backyard is truly an extension of the home. Generous in size and surrounded by beautiful views, yet importantly offering a ton of privacy, there is plenty of space to entertain family and friends or simply relax outdoors and take in the canal and green space beyond. For those who love getting outside, the 5.5 km Rainbow Falls Loop walking paths are just steps away, offering a beautiful route through the community. Located in the established Rainbow Falls community of Chestermere, close to schools, parks, pathways, shopping and local amenities, this home combines an exceptional location with space, functionality and a setting that is hard to beat. This is the kind of home that simply makes sense for family living.
Key facts
- Type
- Detached
- Style
- 2 Storey
- Year built
- 2006
- Living area
- 2,269 sq ft
- Lot
- 4,958 sq ft
- Bedrooms
- 4 (3 above grade, 1 below)
- Bathrooms
- 3 full, 1 half
- Basement
- Full, Finished
- Parking
- 2-car garage, 4 spaces total
- Price per sq ft
- $342
- Days on market
- 50
- Listed
- August 21, 2026
- Community
- Rainbow Falls
- Municipality
- Chestermere
Features
Interior
- Features
- Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Soaking Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Appliances
- Bar Fridge, Dishwasher, Dryer, Electric Stove, Garage Control(s), Refrigerator, Washer, Window Coverings
- Flooring
- Carpet, Hardwood, Tile
- Heating
- Forced Air, Natural Gas
- Fireplaces
- 2 (Basement, Gas, Living Room, Mantle, Tile)
- Laundry
- Main Level
- Basement features
- Walk Out
- Included
- Alarm, Hot Tub, Shed
Suite
- Suite
- No
Building
- Structure
- House
- Levels
- Two
- Construction
- Stone, Vinyl Siding, Wood Frame
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Exterior & lot
- Exterior
- Balcony
- Lot
- Backs on to Park/Green Space, Landscaped, Rectangular Lot
- Patio / porch
- Balcony(s), Patio
- Fencing
- Fenced
- Front faces
- NE
- Lot size
- 4,958 sq ft
- Zoning
- R1
Parking
- Garage spaces
- 2
- Total parking
- 4
- Details
- Concrete Driveway, Double Garage Attached, Garage Door Opener, Garage Faces Front
Condo / HOA
- Restrictions
- None Known
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Park, Playground
Rooms
| Room | Level | Size |
|---|---|---|
| Kitchen | Main | 14'0" x 12'1" |
| Dining Room | Main | 14'0" x 8'10" |
| Pantry | Main | 7'0" x 6'2" |
| Living Room | Main | 16'0" x 12'3" |
| Den | Main | 11'0" x 10'4" |
| Foyer | Main | 6'5" x 8'10" |
| Laundry | Main | 7'0" x 4'0" |
| Mud Room | Main | 8'7" x 6'7" |
| 2pc Bathroom | Main | 4'9" x 5'0" |
| Bonus Room | Upper | 16'1" x 12'6" |
| Bedroom - Primary | Upper | 14'0" x 13'5" |
| Walk-In Closet | Upper | 6'0" x 7'6" |
| Bedroom | Upper | 10'3" x 10'6" |
| Bedroom | Upper | 12'9" x 9'6" |
| Walk-In Closet | Upper | 4'1" x 5'1" |
| 4pc Bathroom | Upper | 8'3" x 5'0" |
| 5pc Ensuite bath | Upper | 12'4" x 11'3" |
| Family Room | Basement | 19'3" x 20'4" |
| Furnace/Utility Room | Basement | 10'3" x 10'10" |
| Other | Basement | 9'8" x 13'0" |
| Bedroom | Basement | 12'4" x 10'1" |
| Walk-In Closet | Basement | 5'4" x 4'1" |
| 4pc Bathroom | Basement | 8'7" x 5'0" |
Location
Monthly cost estimate
- Mortgage $3,638
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $52,500.
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Listing last updated: Oct 1, 2026, 5:45 p.m.