← Back to all Calgary listings

309 Rainbow Falls Way, Chestermere

Rainbow Falls
ActiveMLS® A2342568· 39 days on market
$839,900
$346 per sq ft (asking)
Was $850,000 · reduced $10,100 (1.2%) on Oct 5, 2026
3
Bedrooms
4.5
Bathrooms
2,425
Sq ft
2014
Year built
$5,156
Property tax (2026)
4
Garage
7,147
Lot sq ft
CalgaryListings Insight
This home at 309 Rainbow Falls Way is a 3-bedroom home with 4.5 bathrooms, built in 2014. It offers 2,425 sq ft of living space above grade. Standout details include a fully finished basement, a 4-car garage, hardwood flooring, a fireplace, and air conditioning. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. The recent price adjustment may change how this property compares with nearby active listings. MLS® A2342568.

Want to see this home?

Tour this home in person with a CalgaryListings REALTOR® and get straight answers before you decide.

A REALTOR® from our team replies, not a call centre. No obligation.

Ask a Question About This ListingCalgary Listings Group · eXp Realty
Homeowners · Free & InstantThinking of selling?Curious what your own home could be worth? Get an instant, no-obligation estimate based on current market data.
Get an Instant Home Evaluation →

About this property

Exceptional family living in Rainbow Falls. Offering impressive curb appeal on a desirable corner lot in the sought-after community of Rainbow Falls. This beautifully appointed executive-style home offers over 2,400 sq. ft. of thoughtfully designed living space, complemented by a heated triple attached garage featuring a tandem bay and dedicated electrical subpanel, providing exceptional space for a workshop, hobby area or addition and multiple RV parking options. A welcoming stone-accented entry opens into a bright, open-concept main floor featuring hardwood and tile flooring throughout the principal living areas. The front den provides a versatile space for a home office, while the heart of the home is the spacious kitchen, dining and living area designed with both everyday family life and entertaining in mind. The kitchen showcases crisp two-tone cabinetry, granite countertops, stainless steel appliances and a generous centre island with breakfast bar seating for three. A built-in wine rack, wine fridge and walk-through pantry add both style and functionality, with the pantry leading conveniently to the mudroom. The adjoining dining area offers plenty of room for family gatherings and dinner parties. The living room is anchored by a striking stone-faced gas fireplace with mantle and surrounded by expansive windows that fill the space with natural light. From here, step outside to the fully covered deck and enjoy summer evenings, morning coffee and effortless outdoor entertaining with a natural gas BBQ line already in place. A two-piece powder room completes the main level. Upstairs, a large bonus room provides an inviting additional living space, featuring plush carpeting and vaulted ceilings—perfect for movie nights, a playroom or simply relaxing together. The spacious primary retreat features high ceilings and a luxurious five-piece ensuite with a tile-surround corner soaker tub, dual vessel sinks, generous cabinetry, glass-enclosed shower and walk-in closet. Two additional spacious bedrooms, a four-piece bathroom and a conveniently located laundry room with sink and ample storage complete the upper level. The fully developed basement adds even more versatility, featuring a large recreation room, fourth bedroom and four-piece bathroom with convenient dual access from both the bedroom and main recreation area. A wet bar rough-in provides the opportunity to create an ideal entertaining space, while additional storage under the stairs keeps everything organized. Outside, the corner lot provides exceptional space and flexibility with gated RV parking, a dedicated dog run, under-deck storage and a custom deck offering multiple options for enjoying the outdoors. Dual-zone heating and air conditioning provide year-round comfort throughout the home. With its thoughtful layout, generous living spaces, extensive parking and impressive array of features, this exceptional Rainbow Falls property offers the perfect combination of space, function and style for today’s family
Property Taxes
$5,155.52/yr (2026)
Original Price
$850,000

Listing Information

MLS® NumberA2342568
StatusActive
List Price$839, 900
Original Price$850, 000
Days on Market39 days
OccupancyVacant

Property Details

Property TypeDetached
Architectural Style2 Storey
ZoningR1
Above-Grade Sq Ft2, 425 sq ft
Year Built2014
Bedrooms3
Full Bathrooms4
Half Bathrooms1
Total Bathrooms4.5

Interior

BasementFull, Finished, Other
FlooringCarpet, Hardwood, Tile
Fireplaces1
HeatingForced Air
Air ConditioningCentral Air

Exterior & Parking

ExteriorBrick, Vinyl Siding, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces4
Total Parking7
Patio / DeckDeck, Front Porch

Site & Lot

Lot Size7, 147 sq ft
Lot Acres0.16 acres
Lot Width65.36
Lot FeaturesBack Yard, Corner Lot, Front Yard, Landscaped, Lawn
Legal Description1310832

Inclusions

Bar Fridge,Dishwasher,Dryer,Electric Stove,Garage Control(s),Microwave Hood Fan,Refrigerator,Washer

Room Dimensions

Main Level
2pc Bathroom7`2" × 3`0"
Den7`8" × 6`3"
Dining Room12`0" × 9`6"
Kitchen12`0" × 11`10"
Living Room16`1" × 16`11"
Mud Room5`7" × 9`11"
Upper Level
4pc Bathroom10`6" × 6`9"
5pc Ensuite bath13`8" × 15`1"
Bedroom10`4" × 13`7"
Bedroom10`4" × 13`6"
Bonus Room18`9" × 22`0"
Laundry10`5" × 6`3"
Bedroom - Primary14`11" × 12`8"
Lower Level
4pc Bathroom8`2" × 10`0"
Bedroom11`10" × 12`1"
Game Room28`0" × 23`5"
Family Room6`7" × 6`5"

Listing Office

RE/MAX Complete Realty
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

What did similar homes here actually sell for?

CalgaryListings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.

What stands out about this listing

  • Price changeAsking $839,900, down from $850,000 (1.2% lower). We have tracked it since 2026-09-16.
  • Price per sq ft$346 per sq ft above grade at asking, about 5% above the $329 per sq ft median across 8 comparable active detached homes in Rainbow Falls.

Worked out from this MLS® record, our published community data and the other active listings in Rainbow Falls. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Questions about this home

Is 309 Rainbow Falls Way for sale?

Yes. 309 Rainbow Falls Way in Rainbow Falls is an active MLS® listing (MLS® A2342568). It has been on the market 39 days. Listing data last updated 2026-10-12.

What is the asking price of 309 Rainbow Falls Way?

309 Rainbow Falls Way in Rainbow Falls is listed at $839,900.

How many bedrooms and bathrooms does 309 Rainbow Falls Way have?

309 Rainbow Falls Way in Rainbow Falls has 3 bedrooms and 4.5 bathrooms. The listing records 2,425 sq ft above grade. It is a detached house.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

Comparable homes for sale in Rainbow Falls

Active MLS® listings in Rainbow Falls closest to this home on price, bedrooms and size. Updated every 10 minutes.

Enlarged listing photo

Free account · no cost, no obligation

Everything we give our clients, before you're one.

One free account opens the whole toolkit — the guides we write for Calgary buyers and sellers, the checklists we actually use on deals, the video library, and a concierge that answers your questions any time of day.

Already have one? Sign in →

Takes about twenty seconds. Unsubscribe any time.