
Chestermere, AB T1X0T1 · Rainbow Falls · House · Active

Welcome to elevated lake living in the highly sought after community of Rainbow Falls in Chestermere Lake. Perfectly positioned backing onto the canal and green space, this exceptional Douglas Homes built residence offers the ultimate blend of luxury, functionality, and lifestyle. Launch your paddleboard from your backyard and be on Chestermere Lake within minutes, all while enjoying unobstructed views, southern exposure, and no rear neighbours.Offering over 3,441 sq. ft. of professionally developed living space, this stunning walkout home features 5 bedrooms, 4.5 bathrooms, a custom developed south facing walkout basement, and a triple attached garage, all situated on a generous 5,495 sq. ft. lot.Meticulously maintained and extensively upgraded, the property boasts more than $140,000 IN PREMIUM ENHANCEMENTS, including a professionally developed basement featuring engineered hardwood flooring, custom solid oak doors, a custom built Irish pub style bar, and additional soundproofing insulation -2016 ($40,000); custom wine cellar –2021 ($21,000); motorized blinds throughout the home -2022 ($25,000); motorized privacy screens on the lower patio -2022 ($20,000); retractable balcony awnings with built-in wind sensors -2020 ($11,000); central air conditioning -2022 ($9,000); irrigation system servicing the lawn, garden boxes, and balcony planters -2025 ($4,000); new upper-level flooring -2024 ($3,500); new hot water tank -2023 ($2,613); fresh paint throughout key living areas and the primary bedroom -2025 ($2,500); and balcony privacy glass panels -2024 ($2,500).The thoughtfully designed floor plan combines elegant finishes with practical family living, while the south facing walkout basement and expansive outdoor spaces create the perfect setting for entertaining or relaxing while taking in the tranquil canal views.Located just steps from walking and biking pathways, Chestermere Lake, schools, shopping, restaurants, coffee shops, and everyday amenities, this is a rare opportunity to own one of Rainbow Falls' most desirable canalfront-inspired properties.Book your private showing today. (id:57554)
Listing data courtesy of CREA DDF®. Deemed reliable but not guaranteed.














5 bed · Chestermere · near $975k

$949,900
276 Waterstone Heath
Waterford Estates · Chestermere, ABMLS® A2301471

$947,900
109 KINNIBURGH Boulevard E
Kinniburgh North · Chestermere, ABMLS® A2304356

$939,900
3 Waterbury Common
Waterford · Chestermere, ABMLS® A2320056



































Welcome to elevated lake living in the highly sought after community of Rainbow Falls in Chestermere Lake. Perfectly positioned backing onto the canal and green space, this exceptional Douglas Homes built residence offers the ultimate blend of luxury, functionality, and lifestyle. Launch your paddleboard from your backyard and be on Chestermere Lake within minutes, all while enjoying unobstructed views, southern exposure, and no rear neighbours.Offering over 3,441 sq. ft. of professionally developed living space, this stunning walkout home features 5 bedrooms, 4.5 bathrooms, a custom developed south facing walkout basement, and a triple attached garage, all situated on a generous 5,495 sq. ft. lot.Meticulously maintained and extensively upgraded, the property boasts more than $140,000 IN PREMIUM ENHANCEMENTS, including a professionally developed basement featuring engineered hardwood flooring, custom solid oak doors, a custom built Irish pub style bar, and additional soundproofing insulation -2016 ($40,000); custom wine cellar –2021 ($21,000); motorized blinds throughout the home -2022 ($25,000); motorized privacy screens on the lower patio -2022 ($20,000); retractable balcony awnings with built-in wind sensors -2020 ($11,000); central air conditioning -2022 ($9,000); irrigation system servicing the lawn, garden boxes, and balcony planters -2025 ($4,000); new upper-level flooring -2024 ($3,500); new hot water tank -2023 ($2,613); fresh paint throughout key living areas and the primary bedroom -2025 ($2,500); and balcony privacy glass panels -2024 ($2,500).The thoughtfully designed floor plan combines elegant finishes with practical family living, while the south facing walkout basement and expansive outdoor spaces create the perfect setting for entertaining or relaxing while taking in the tranquil canal views.Located just steps from walking and biking pathways, Chestermere Lake, schools, shopping, restaurants, coffee shops, and everyday amenities, this is a rare opportunity to own one of Rainbow Falls' most desirable canalfront-inspired properties.Book your private showing today. (id:57554)
Heating
Cooling
Basement
Parking
Exterior
Appliances
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. Listing data is deemed reliable but not guaranteed accurate by CREA.
$975,000
280 Rainbow Falls Way
Book a private showing
Take a tour with a buyer's agent
It's free, with no obligation — cancel any time.
Ask us about this home
Estimated monthly payment
$4,803/mo
10% down · 4.09% rate · 25yr amort
Down Payment
Interest Rate
Estimate only. Contact us for a full pre-approval.
Free consultation · No obligation · Local experts
Whether you're buying your first home or selling to upgrade, our team is here every step of the way. No pressure — just honest, expert guidance.
Free consultation · No obligation · Local experts