Karen Gonzales (403) 803-7234
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392 Rainbow Falls Way
Chestermere
T1X 1S6
$959,000
Residential
beds: 4
baths: 4.0
2,286 sq. ft.
built: 2004
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2293151
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 2004
- Photos (50)
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 2,286.48 sq. ft.
- Main Level Finished Area:
- 1,078.84 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 985.64 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Acreage:
- No
- Lot Area:
- 6,002 sq. ft.
- Lot Frontage:
- 29'6"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- North
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 9
- Year built:
- 2004 (Age: 22)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 0030297261
- Heating:
- Forced Air
- Basement:
- Full, Finished, None
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Composite Siding, Stone, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Vinyl Plank
- Cooling:
- Central Air
- Fireplaces:
- 1
- Fireplace Details:
- Gas, Living Room
- Garage:
- Yes
- Garage Spaces:
- 4
- Parking:
- 220 Volt Wiring, Garage Door Opener, Heated Garage, Insulated, Quad or More Attached, Tandem, Workshop in Garage
- Parking Places:
- 6
- Parking Total/Covered:
- 6 / -
- Laundry Features:
- Main Level
- Rainbow Falls
- Central Air Conditioner, Dishwasher, ENERGY STAR Qualified Dishwasher, Gas Stove, Microwave Hood Fan, Refrigerator, Window Coverings
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Dining Room
- 13' × 6'1"
- Main Floor
- Kitchen
- 14'1" × 12'7"
- Main Floor
- Living Room
- 20'6" × 14'
- Main Floor
- Mud Room
- 7'11" × 6'5"
- Main Floor
- Den
- 12'4" × 10'10"
- Main Floor
- Sunroom/Solarium
- 17'5" × 11'3"
- Upper Level
- Bedroom
- 12'5" × 11'11"
- Upper Level
- Bedroom
- 10'10" × 9'9"
- Upper Level
- Bonus Room
- 21'8" × 15'1"
- Upper Level
- Bedroom - Primary
- 17'9" × 12'4"
- Lower Level
- Bedroom
- 13'4" × 11'5"
- Lower Level
- Game Room
- 20'1" × 18'10"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 4'11" x 4'10"
- Main Floor
- No
- 4
- 8'3" x 5'
- Upper Level
- Yes
- 5
- 14'8" x 8'11"
- Lower Level
- No
- 4
- 4'11" x 11'5"
- Title to Land:
- Fee Simple
- Community Features:
- Fishing, Golf, Lake, Park, Playground, Pond, Schools Nearby, Sidewalks, Walking/Bike Paths
- Interior Features:
- Breakfast Bar, Ceiling Fan(s), Central Vacuum, Double Vanity, Kitchen Island, No Smoking Home, Pantry, Quartz Counters, Wired for Sound
- Exterior Features:
- Dog Run, Other, Private Yard
- Patio And Porch Features:
- Deck, Enclosed, Screened
- 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
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Chestermere
- Zoning:
- R1
- Listed Date:
- Mar 13, 2026
- Days on Mkt:
- Signup
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Welcome Home - Great curb appeal! -
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Large Side Yard
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Yes, there is a pool under the snow!
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Large Entrance
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Bright Open Kitchen
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Gas Stove
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Lots of Room for A Dining Table
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Amazing South Facing Sunroom
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Walk-Through Pantry
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2pce Washroom on Main Floor
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Main Floor Office
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Main Floor Office
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BONUS Room - AMAZING Space!!
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Bright, Open Bonus Room
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Huge Primary Bedroom with loads of Natural Light
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Ensuite with Dual Sinks, Corner Tub and Separate Shower Area
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Bed #2
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Bed #3
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Shared Upper Washroom
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Finished Basement Rec Area
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Bed #4 in Basement with Large Window
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Full 4-pce basement Washroom
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16x30 Inground Pool
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Listed by RE/MAX Key
Data was last updated March 14, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 239
- Avg list price:
- $669,900
- Min list price:
- $249,900
- Max list price:
- $4,405,500
- Avg days on market:
- 31
- Min days on market:
- 1
- Max days on market:
- 254
- Avg price per sq.ft.:
- $348.92
These statistics are generated based on the current listing's property type
and located in
Chestermere. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- KAREN GONZALES
- Stonemere Real Estate Solutions
- 1 (403) 803-7234
- karen2yyc@gmail.com
Quick Links
Contact Us
Karen: 403-803-7234
Matthew: 403-819-9887
karen2yyc@gmail.com
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116, 1289 Highfield Cr. S.E.
Calgary, AB, T2G 5M2