392 Rainbow Falls Way, Chestermere, AB T1X 1S6 (MLS # A2293151)

Save to Favorites
Print
Share
PRICE $959,000 dsIDX morgage calculator
BEDS 4
BATHS 3.5
HOME SIZE 2,286 sqft
LOT SIZE 6,099 sqft

OPEN HOUSE Sat. Mar. 14 12:00-2:00 ---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 communities.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 3/13/2026
TRACT Rainbow Falls YEAR BUILT 2004
GARAGE SPACES 4.0 COUNTY Chestermere
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, ENERGY STAR Qualified Dishwasher, Refrigerator
BASEMENT Finished, Full, Yes
CONSTRUCTION Frame, Stone
EXTERIOR Dog Run, Other, Private Yard
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Forced Air
INTERIOR Breakfast Bar, Ceiling Fan(s), Central Vacuum, Double Vanity, Kitchen Island, Pantry, Wired for Sound
LOT 6098 sq ft
LOT DESCRIPTION Pie Shaped Lot, Private, See Remarks, Views
PARKING Garage Door Opener, Garage
STORIES 2
STYLE 2 Levels
SUBDIVISION Rainbow Falls
TAXES 4362.34
WATERFRONT DESCRIPTION Lake
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 392 RAINBOW FALLS WAY
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Doug, Marjorie & Kevin McKay to contact you even if your name is on a Federal or State "Do not call List".

Listed with RE/MAX Key

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System.

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated 3/19/26 4:37 AM PDT

This IDX solution is (c) Diverse Solutions 2026.

Verified by MonsterInsights