$624,999
408 Rainbow Falls WayRainbow Falls, Chestermere, AB T1X 1S8
- 4 beds
- 4 baths
- 2,013 sq ft
- Detached
Listing courtesy of RE/MAX Complete Realty · MLS® A2341209
About this home
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.
Key facts
- Type
- Detached
- Style
- 2 Storey
- Year built
- 2005
- Living area
- 2,013 sq ft
- Lot
- 5,550 sq ft
- Bedrooms
- 4 (3 above grade, 1 below)
- Bathrooms
- 2 full, 2 half
- Basement
- Full, Finished
- Parking
- 2-car garage, 4 spaces total
- Price per sq ft
- $310
- Days on market
- 38
- Listed
- September 2, 2026
- Community
- Rainbow Falls
- Municipality
- Chestermere
Features
Interior
- Features
- Breakfast Bar, Ceiling Fan(s), Pantry, Soaking Tub, Storage, Walk-In Closet(s)
- Appliances
- Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Garburator, Microwave Hood Fan, Refrigerator, Washer
- Flooring
- Carpet, Hardwood, Tile
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplaces
- 1 (Gas)
- Laundry
- Laundry Room, Main Level
- Included
- BBQ, Fire Pit, Basement Fridge, Shed, Alarm
Suite
- Suite
- No
Building
- Structure
- House
- Levels
- Two
- Construction
- Stone, Vinyl Siding, Wood Frame
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Unit faces
- W
Exterior & lot
- Exterior
- BBQ gas line
- Lot
- Back Yard, Backs on to Park/Green Space, Rectangular Lot
- Patio / porch
- Deck, Front Porch, Patio
- Fencing
- Fenced
- Front faces
- W
- Lot size
- 5,550 sq ft
- Zoning
- R-1
Parking
- Garage spaces
- 2
- Total parking
- 4
- Details
- Double Garage Attached, Driveway, Oversized
Condo / HOA
- Restrictions
- Utility Right Of Way
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Golf, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Rooms
| Room | Level | Size |
|---|---|---|
| 2pc Bathroom | Main | 7'8" x 5'4" |
| Dining Room | Main | 9'11" x 12'9" |
| Kitchen | Main | 9'1" x 10'10" |
| Living Room | Main | 17'11" x 14'7" |
| Office | Main | 9'5" x 11'9" |
| 4pc Bathroom | Upper | 9'9" x 4'11" |
| 4pc Ensuite bath | Upper | 9'10" x 10'8" |
| Bedroom - Primary | Upper | 13'4" x 13'10" |
| Bedroom | Upper | 9'10" x 10'3" |
| Bedroom | Upper | 13'4" x 10'11" |
| Bonus Room | Upper | 18'0" x 15'0" |
| Walk-In Closet | Upper | 4'9" x 9'7" |
| 2pc Bathroom | Basement | 6'0" x 7'0" |
| Bedroom | Basement | 10'4" x 16'10" |
| Game Room | Basement | 13'7" x 20'1" |
| Storage | Basement | 25'10" x 20'1" |
Location
Monthly cost estimate
- Mortgage $2,934
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 $37,500.
Similar homes in Rainbow Falls
210 Crimson Lane
Rainbow Falls, Chestermere, AB T1X 1S4
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Listing last updated: Sep 29, 2026, 8:05 p.m.