$849,000
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392 Rainbow Falls Way, Chestermere, AB T1X 1S6

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4 Beds
4 Baths
212 Sq Ft

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. Pool care is quick and straightforward thanks to the streamlined system. 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 Chestermeres most sought-after communities.

Listing By: Stacey Page - RE/MAX Key cnpilar Realty.com
  • MLS® A2293151
  • Date Listed03/13/2026
  • Days on Realty 84 Days
  • Bedrooms 4
  • Bathrooms 3 Full baths, 1 Half baths
  • Lot Size 0.14 acres (6,002 sq. ft)
  • Subdivision Rainbow Falls
  • County Chestermere
  • Year Built 2004
  • Square Feet 212 sq. ft
  • Price Per Sq. Ft $3996.8

Interior Features

  • Appliances Central Air Conditioner, Dishwasher, E N E R G Y S T A R Qualified Dishwasher, Gas Stove, Microwave Hood Fan, Refrigerator, Window Coverings
  • Flooring Carpet, Vinyl Plank
  • Cooling Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Exterior Dog Run, Other, Private Yard
  • Roof Shingle
  • Lot Size Acres 0.14
  • Lot Size SQFT 6,002.00
  • Lot Features Backs on to Park/ Green Space, No Back Lane, No Neighbours Behind, Pie Shaped Lot, Private, Reverse Pie Shaped Lot, See Remarks, Underground Sprinklers, Views

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1X 1S6

Discover key demographics, population statistics, and environmental insights for the Chestermere, AB area.

Walkability in AB / T1X 1S6

Source: Walk Score

23/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

55/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 392 Rainbow Falls Way, Chestermere, AB T1X 1S6

Frequently Asked Questions for 392 Rainbow Falls Way

Source: Realty.com

392 Rainbow Falls Way, Chestermere, AB T1X 1S6 in Rainbow Falls, Chestermere, AB T1X 1S6 is a single family residence listed at $849,000. Highlights include 4 bedrooms, 4 bathrooms, 212 sq. ft., built in 2004, 0.14 acre lot, $3,997 per sq. ft.. Realty.ca has 48 photos, sales history, school insights, and mortgage to...

Realty.com has 48 photos of 392 Rainbow Falls Way.

Our records indicate that 392 Rainbow Falls Way was built in 2004.

The full address for this home is 392 Rainbow Falls Way, Chestermere, AB T1X 1S6.

392 Rainbow Falls Way has been listed on Realty.com since Fri March 13, 2026

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 31/100.

Listing provided courtesy of: RE/MAX Key (tel: 587-316-2000)
Listing agent: Stacey Page (tel: 403-888-9811)

This content last refreshed on 2026-06-05 01:37:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.