$1,069,000
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469 Rainbow Falls Way, Chestermere, AB T1X 1S5

5 Beds
3 Baths
172 Sq Ft
Sat, 7/25
2 PM - 4 PM

**OPEN HOUSE SAT JULY 25** 2-4PM** WELCOME TO ONE OF THE MOST IMPRESSIVE WALKOUT BUNGALOWS TO HIT THE MARKET! Completely transformed from top to bottom, this exceptional 5 BEDROOM home offers 3, 683 SQ.FT. OF LUXURIOUS LIVING SPACE and is perfectly positioned on a premium POND LOT with a SUNNY SOUTHWEST BACKYARD offering breathtaking views. Walkout bungalows of this size and quality are incredibly hard to find, making this a truly special opportunity. Step inside and immediately appreciate the spectacular open-concept design highlighted by soaring 10-FOOT CEILINGS, built-in speakers, designer finishes and incredible pond views from the moment you walk through the door. The stunning chef's kitchen has been tastefully updated and is sure to impress with a massive centre island, GAS COOKTOP, premium appliances, beautiful custom cabinetry, Granite countertops, a Butler's Pantry that could easily be converted into a spice kitchen, plus a large walk-in pantry. The spacious dining area flows seamlessly into the beautiful living room, creating the perfect space for entertaining family and friends. Step outside to the upper deck featuring Duradek flooring, a gazebo, gas BBQ hookup and spectacular views overlooking the pond. The luxurious primary retreat is MASSIVE and designed for a KING-sized bedroom suite + offers direct access to the upper deck! The spacious WALK IN closet & lavish spa-inspired 5-piece ENSUITE featuring a custom tiled shower, two-person soaker tub and dual vanities. The main floor also features a 2nd bedroom, half bath & beautifully designed laundry room complete with custom cabinetry and a convenient dog wash station. The fully finished WALKOUT BASEMENT is an entertainer's dream. Floor-to-ceiling windows w/ IN-FLOOR HEATING create a bright & comfortable space featuring a massive family room, games area, custom bar w/ full appliance package + an impressive wine cellar. 3 additional bedrooms (one currently used as a gym) provide room for the entire family. The luxurious bathroom features a walk-in STEAM shower, while a 2nd kitchen area offers excellent flexibility for extended family, multi-generational living or future income potential. Outside, you'll fall in love with the professionally landscaped backyard featuring underground sprinklers, mature trees, a covered patio complete with HOT TUB & OUTDOOR TV, fire pit area and peaceful pond. Every outdoor space has been designed to maximize the incredible setting. The OVERSIZED HEATED TRIPLE ATTACHED GARAGE is every homeowner's dream, offering incredible space for vehicles, toys and hobbies while also featuring a CUSTOM STORAGE LOFT that provides exceptional storage without sacrificing valuable garage space. Additional features include IN-FLOOR HEAT WITH BOILER, central AIR CONDITIONING, built-in Gemstone exterior lighting and countless custom upgrades throughout. THIS IS A RARE OPPORTUNITY TO OWN A FULLY RENOVATED WALKOUT BUNGALOW ON A POND THAT TRULY NEEDS TO BE SEEN TO BE APPRECIATED!

  • MLS® A2327798
  • Date Listed07/16/2026
  • Days on Realty 9 Days
  • Bedrooms 5
  • Bathrooms 3 Full baths
  • Lot Size 0.15 acres (6,749 sq. ft)
  • Subdivision Rainbow Falls
  • County Chestermere
  • Year Built 2006
  • Square Feet 172 sq. ft
  • Price Per Sq. Ft $6197.82

Interior Features

  • Appliances Built- In Gas Range, Built- In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Garburator, Range Hood, Refrigerator, Washer
  • Flooring Carpet, Ceramic Tile, Laminate
  • Cooling Central Air
  • Heating In Floor, Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Fire Pit
  • Roof Shingle
  • Lot Size Acres 0.15
  • Lot Size SQFT 6,749.00
  • Lot Features Landscaped, Rectangular Lot, Views

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1X 1S5

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

Walkability in AB / T1X 1S5

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 469 Rainbow Falls Way, Chestermere, AB T1X 1S5

Frequently Asked Questions for 469 Rainbow Falls Way

Source: Realty.com

469 Rainbow Falls Way, Chestermere, AB T1X 1S5 in Rainbow Falls, Chestermere, AB T1X 1S5 is a single family residence listed at $1,069,000. Highlights include 5 bedrooms, 3 bathrooms, 172 sq. ft., built in 2006, 0.15 acre lot, $6,198 per sq. ft.. Realty.ca has 49 photos, sales history, school insights, and mortgage ...

Realty.com has 49 photos of 469 Rainbow Falls Way.

Our records indicate that 469 Rainbow Falls Way was built in 2006.

The full address for this home is 469 Rainbow Falls Way, Chestermere, AB T1X 1S5.

469 Rainbow Falls Way has been listed on Realty.com since Thu July 16, 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: Real Broker (tel: 855-623-6900)
Listing agent: Bryan Herman (tel: 403-971-9408)

This content last refreshed on 2026-07-25 10:32:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.