$860,900
FOR SALE

Detached

Bedrooms: 3+1Bathrooms: 4Lot: 8.99 x 36.82 m

392 Rainbow Falls Way
Chestermere, AB T1X 1S6

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. 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 and resort-style backyard in one of Chestermere’s most sought-after communit ies. (id:47421)
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Listed By RE/MAX Key
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2293151
Last Updated Apr 30, 2026
Property Summary
Property Type Detached

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Community Rainbow Falls
Price History

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Detailed Information
Bedrooms 3+1
Bathrooms 4
Lot 8.99 x 36.82 m
Amenities Nearby Golf Course, Park, Playground, Schools, Water Nearby
Community Features Golf Course Development, Lake Privileges, Fishing
Features See remarks, No neighbours behind, No Smoking Home
Listing Contract Date 2026-03-13
Municipal ID 0030297261
Ownership Type Freehold
# of Parking Spaces 6
Plan 0030297261
Property Type Single Family
Structures Deck, Dog Run - Fenced In
Transaction Type For sale
Views View
Zoning Description R1
Building
Appliances Refrigerator, Gas stove(s), Dishwasher, Microwave Range Hood Combo, Window Coverings
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 2004
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Composite Siding, Stone
Fireplace Present Yes
# of Fireplaces 1
Flooring Type Carpeted, Vinyl Plank
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Type Forced air
Stories Total 2
Total Finished Area 2286.48 sqft
Type House
Rooms
Room Level Dimensions Notes
4pc BathroomLower level11.42 Ft x 4.92 Ft
BedroomLower level11.42 Ft x 13.33 Ft
Recreational, Games roomLower level20.08 Ft x 18.83 Ft
2pc BathroomMain level4.83 Ft x 4.92 Ft
Dining roomMain level13.00 Ft x 6.08 Ft
KitchenMain level12.58 Ft x 14.08 Ft
Living roomMain level20.50 Ft x 14.00 Ft
OtherMain level6.42 Ft x 7.92 Ft
DenMain level10.83 Ft x 12.33 Ft
SunroomMain level17.42 Ft x 11.25 Ft
4pc BathroomMain level5.00 Ft x 8.25 Ft
5pc BathroomUpper Level8.92 Ft x 14.67 Ft
BedroomUpper Level11.92 Ft x 12.42 Ft
BedroomUpper Level10.83 Ft x 9.75 Ft
Bonus RoomUpper Level21.67 Ft x 15.08 Ft
Primary BedroomUpper Level12.33 Ft x 17.75 Ft
Parking Spaces
Name Spaces
Garage
Heated Garage
Garage
Attached Garage
Tandem
Land
Total Size 6002 square feet
Amenities Golf Course, Park, Playground, Schools, Water Nearby
Fence Type Fence
Landscape Features Underground sprinkler
Size of Irregular Land 6002.00

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