Chestermere Community · Live MLS® Search

Rainbow Falls Homes for Sale

Every Rainbow Falls listing on the MLS®, the community boundary, and the neighbouring Chestermere communities — one page, refreshed every 10 minutes.

Southwest ChestermereBuilt 2005–2017Detached Houses · Townhomes · Semi-Detached HomesLive MLS® Feed
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Rainbow Falls · Chestermere
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Rainbow Falls · Chestermere
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Rainbow Falls on the Map

Official City of Chestermere boundary. Tap a neighbouring community to open its page.

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Rainbow Falls Real Estate & MLS® Listings

Rainbow Falls is in southwest Chestermere. The closest communities are Dawson's Landing, The Beaches, West Creek, Waterford, South Shores, Lakeview Landing, Chelsea and Kinniburgh South.

Right now the MLS® feed shows 27 homes for sale in Rainbow Falls: 15 detached houses, 10 townhomes and 2 semi-detached homes. Asking prices run from $349,900 to $999,900, with a median of $629,900. Counts and prices are from September 2026 and change daily; the live search above is current.

View Rainbow Falls Homes →

Homes in Rainbow Falls

Rainbow Falls is a newer Chestermere community — recent listings were built between 2005 and 2017. Two-storey homes dominate the current listings, with some three-storey homes. Most of what is listed has 3 bedrooms.

Rainbow Falls is on the west side of Chestermere, the side that faces Calgary, so the drive into the city starts at the short end of the city's range. Google Maps puts the drive to downtown Calgary at about 34 mins (24.1 km) with typical traffic.

Schools & Recreation in Rainbow Falls

Rainbow Falls is home to 1 school: Our Lady of Wisdom Elementary School (Catholic (Calgary Catholic), K-7). The closest others are Rainbow Creek Elementary School (0.7 km) and Chestermere Lake Middle School (0.9 km).

Rainbow Falls has 1 playground, 1 baseball diamond and 1 sports field. The closest skate park is Skate Park (340 Merganser Drive West), 1.5 km away, the closest off-leash park is Off-Leash Dog Park (100 John Morris Way), 3.7 km away and the closest bike park is Bike Park (333 West Creek Drive), 0.5 km away.

Rainbow Falls at a Glance

The land inside Rainbow Falls is zoned 62% single detached, 29% multi-unit and 10% semi-detached.

There is about 4.4 km of pathway inside Rainbow Falls.

Drive Times from Rainbow Falls

Typical driving time with current traffic, from Google Maps. Your own commute depends on the exact address.

DestinationDrive TimeDistance
Downtown Calgary34 mins24.1 km
Calgary International Airport29 mins24.8 km
Foothills Medical Centre / University of Calgary42 mins25.7 km
East Hills Shopping Centre11 mins6.9 km
Downtown Chestermere / Chestermere Lake7 mins3.9 km

Nearby Chestermere Communities

Buying in Rainbow Falls with CalgaryListings Group

We work the whole Calgary region, so we can show you any Rainbow Falls listing, pull comparables from every Chestermere community and east Calgary alike, and tell you plainly which one serves your plans. No pressure, no listing-agent spin.

Frequently Asked Questions About Rainbow Falls

How much do homes in Rainbow Falls cost?+
Asking prices in Rainbow Falls currently run from $349,900 to $999,900 (median $629,900, September 2026). Prices move with inventory, so check the live listings above.
What types of homes are in Rainbow Falls?+
Rainbow Falls is a newer Chestermere community — recent listings were built between 2005 and 2017. Two-storey homes dominate the current listings, with some three-storey homes. Most of what is listed has 3 bedrooms.
Where is Rainbow Falls in Chestermere?+
Rainbow Falls is in southwest Chestermere, next to Dawson's Landing, The Beaches and West Creek.
How far is Rainbow Falls from Calgary?+
Google Maps puts Rainbow Falls about 34 mins (24.1 km) from downtown Calgary with typical traffic. Rainbow Falls is on the west side of Chestermere, the side that faces Calgary, so the drive into the city starts at the short end of the city's range.
Can CalgaryListings Group help me buy in Rainbow Falls?+
Yes. We are licensed across Alberta and work Chestermere alongside east Calgary, so we can compare a Rainbow Falls home against both markets honestly.

Searching for Rainbow Falls Homes in Chestermere?

Browse every Rainbow Falls listing, compare it with the neighbouring Chestermere communities, and lean on us for an honest read on value and condition before you book a showing.

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Have Questions About One of These Homes?

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CREB® September 2026: Calgary benchmark $566,700 (~-1% YoY) · Detached $739,400 (-1%) · Semi $685,200 (~0%) · Row $412,400 (~-6%) · Apartment $291,400 (~-8%) · just under four months of supply · Full market stats →

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