Are you ready to be in your dream home by summer?? Because this is the one you’ve been waiting for. This fully finished executive home with walk out basement backing onto the canal in highly sought after Rainbow Falls offers the perfect balance of luxury and comfort in an unbeatable location. Pride of ownership shows in every aspect of this home starting with the welcoming curb appeal. Step into the spacious and bright front entryway where a central staircase leads upstairs. To the left is an elegant formal living room & dining area. Durable vinyl plank flooring and light grey paint with white trim throughout creates a fresh neutral palette for you to make your own. The heart of this home is the open concept living room, breakfast nook and kitchen area where large windows showcase your serene canal views. The gorgeous gourmet kitchen was updated in 2020. Cool grey cabinetry with plenty of deep drawers complemented by bright white honeycomb tile backsplash, gleaming stainless steel appliances and two tone quartz counters give a modern yet timeless feel. The kitchen is open to the warm & welcoming family room complete with a stone front gas fireplace for comfort and ambience. The breakfast area in between is surrounded by large windows for lots of natural light and peaceful views. You’ll also love the easy access to the large back deck that spans the entire width of the house. A comfortable and private office with built in desk and lots of storage is just down the hall. A pretty little powder room and spacious laundry / mudroom complete with storage and sink round out this main level. Upstairs you’ll find 4 bedrooms including the super spacious primary with a large 5 pc ensuite featuring his & hers sinks, separate vanity counter, soaker tub, walk in shower plus a good sized walk in closet. The other 3 bedrooms are all a good size as well and 2 of them have even have walk in closets. These rooms share the main 4 pc bath. The fully finished walk out basement is ready for whatever your family’s needs are. Create the perfect games room, home gym, play room or dance space. A wet bar with sink and mini fridge is great for entertaining or for family movie nights. The 5th bedroom has a built in Murphy bed making this a super versatile space to use when guests come to stay plus whatever else you need - maybe a craft room or homework space. A 4 pc bath and ample storage finish this level. From here you can walk out to your terrific back yard complete with covered patio area and plenty of room for kids and pets to play. Mature trees and low maintenance landscaping make this the perfect place to sit back and enjoy your canal views or you can hop onto the pathway and walk, bike or rollerblade for miles. Last but not least everyone in the family will love the convenience and comfort of the double attached garage. Come and find out why Rainbow Falls is one of Chestermere’s premier neighbourhoods. You would love living here!!
For sale
C$879,900
348 N Rainbow Falls Way, Chestermere, AB T1X 1W5
5beds
2,316sqft
Single Family Residence
Built in 2005
5,227.2 Square Feet Lot
$-- Zestimate®
C$380/sqft
C$-- HOA
What's special
Canal viewsVinyl plank flooringGourmet kitchenStone front gas fireplaceLarge back deckBuilt in deskWalk in closets
- 2 days
- on Zillow |
- 20 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 27, 2025 at 09:25am
Listed by:
Michelle Eldjarnson, Broker,
Re/Max Key
Source: courtesy of Pillar9 System,MLS®#: A2213545
Originating MLS®#: Calgary

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bedroom
- Level: Second
- Dimensions: 10`8" x 14`0"
Bedroom
- Level: Lower
- Dimensions: 11`3" x 9`10"
Bedroom
- Level: Second
- Dimensions: 11`7" x 9`11"
Other
- Level: Second
- Dimensions: 16`0" x 14`0"
Bedroom
- Level: Second
- Dimensions: 11`11" x 11`1"
Other
- Level: Second
- Dimensions: 8`7" x 4`11"
Other
- Level: Lower
- Dimensions: 9`9" x 4`11"
Other
- Level: Main
- Dimensions: 4`5" x 4`8"
Other
- Level: Second
- Dimensions: 12`7" x 19`9"
Breakfast nook
- Level: Main
- Dimensions: 8`6" x 8`7"
Dining room
- Level: Main
- Dimensions: 12`0" x 9`0"
Family room
- Level: Main
- Dimensions: 19`2" x 14`0"
Other
- Level: Lower
- Dimensions: 9`10" x 11`9"
Game room
- Level: Lower
- Dimensions: 29`10" x 25`5"
Kitchen
- Level: Main
- Dimensions: 11`10" x 13`11"
Laundry
- Level: Main
- Dimensions: 6`6" x 7`9"
Living room
- Level: Main
- Dimensions: 13`3" x 10`5"
Office
- Level: Main
- Dimensions: 10`7" x 7`5"
Walk in closet
- Level: Second
- Dimensions: 7`9" x 7`6"
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Bar Fridge, Electric Stove, Freezer, Microwave Hood Fan, Refrigerator, Washer/Dryer, Wine Refrigerator
- Laundry: Laundry Room, Main Level
Features
- Bar, Built-in Features, Double Vanity, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Tile
- Windows: Window Coverings
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 2,316 sqft
- Finished area above ground: 2,316
- Finished area below ground: 1,124
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Double Garage Attached
- Attached garage spaces: 2
Features
- Levels: Two,2 Storey
- Stories: 1
- Patio & porch: Deck, Front Porch, Patio
- Exterior features: Rain Gutters
- Fencing: Fenced
- Frontage length: 14.25M 46`9"
Lot
- Size: 5,227.2 Square Feet
- Features: Back Yard, Backs on to Park/Green Space, Front Yard, Landscaped, Lawn, Level, Low Maintenance Landscape, Rectangular Lot
Details
- Parcel number: 57314526
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 2005
Community & HOA
Community
- Features: Fishing, Golf, Lake, Park, Playground, Sidewalks, Street Lights
- Subdivision: Rainbow Falls
HOA
- Has HOA: No
Location
- Region: Chestermere
Financial & listing details
- Price per square foot: C$380/sqft
- Date on market: 4/26/2025
- Inclusions: TV & brackets in living room, basement and upper bedroom
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