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432 Rainbow Falls Way
homes for sale · Chestermere · Rainbow Falls
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$659,900

432 Rainbow Falls Way

Rainbow Falls, Chestermere · MLS® A2350802

444

2,089 sq ft · 8,332 sq ft lot · House · Single Family · built 2005 · 18 days on market

listed by Kourtni Listhaeghe, CIR Realty

realtor's description

Welcome to Rainbow Falls, where family friendly living meets an incredible outdoor lifestyle! Just minutes from Chestermere Lake, this established community offers beautiful parks, water features, pathways, bike trails, schools, recreation and everyday amenities, all with quick access to Calgary. Whether you're enjoying a summer day at the lake, heading out for a bike ride or relaxing in your own backyard, this is a community built for enjoying life. Situated on a massive pie lot backing directly onto green space and a pathway, this fully loaded home offers an exceptional combination of space, location and character. Inside, the show stopping living room immediately catches your eye with vaulted beam ceilings, soaring windows and a stunning stone fireplace with mantle. The natural light and impressive architecture give the space a true vacation home feel. The dining room is perfectly positioned with direct access to the expansive deck and incredible backyard with hot tub. The kitchen is exceptionally spacious and designed for gathering, featuring a large centre island, pantry, bar fridge and raised eating bar, with plenty of room for everyone to come together. A main floor office offers the perfect work from home space and could easily function as a 5th bedroom if desired for those larger families. A convenient powder room and main floor laundry and mudroom provide direct access to the oversized heated garage. Upstairs, the bedrooms are impressively sized, a rare feature! The Jack and Jill bathroom is exceptionally functional, with large walk in closets and private vanities for each bedroom. The primary suite is a true retreat with its own vaulted ceiling, abundant natural light and a spacious ensuite complete with a walk in closet, tiled soaker tub, separate shower and dedicated makeup counter. The fully developed basement adds even more living space with an additional bedroom, full bathroom, large recreation room and wet bar, plus plenty of storage. Outside is whe re this property shines even more. The sprawling pie lot backs onto green space and a pathway, offering privacy and room to enjoy the outdoors. Relax in the hot tub, entertain on the large deck or let the kids enjoy the expansive yard complete with underground sprinklers. Additional features include central air conditioning, water softener, RO system, central vacuum, newer carpet upstairs, newer vinyl flooring, fresh paint and a new hot water tank (2026). A fantastic home, an incredible lot and a lake lifestyle- this is Rainbow Falls living at its best! Check out the virtual tour.

similar homes nearby

property details

type
House, Single Family
bedrooms
4
bathrooms
4
living area
2,089 sq ft
lot
8,332 sq ft
parking
4
year built
2005
property tax
$4,370 / yr
days on market
18
MLS®
A2350802

features

  • Wet bar
  • PVC window
  • Closet Organizers
  • No Smoking Home
  • Lake Privileges
  • Washer

monthly cost

$3,239/mo
Mortgage $2,875 · Tax $364

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,875/ monthly
loan $527,920
25-year amortization
total interest
$334,616
land title fees
$1,290
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$133,270
down + land title fees
total paid
$862,536

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Kourtni Listhaeghe
CIR Realty
call Kourtni · 403-809-4016
Powered by: REALTOR.ca
▶ virtual tour

location

Rainbow Falls, ChestermereGoogle Maps ↗

property tax

about $4,079 a year

The asking price times Chestermere's 2026 residential rate of 6.18 per $1,000 (municipal and education).

The listing shows $4,370 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Rainbow Falls, ChestermereGoogle Maps ↗
Drive times
  • Rainbow Creek Elementary4 min
  • Chestermere High12 min
  • Bow Valley College26 min
  • South Health Campus28 min
  • Downtown Calgary29 min
  • YYC airport29 min
34

Walkability 34/100 · Mostly by car

Within a 10 minute walk: 4 parks and playgrounds.

mihom score from OpenStreetMap places, by straight line distance.

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