Rainbow Falls on the Map
Official City of Chestermere boundary. Tap a neighbouring community to open its page.
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.
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.
| Destination | Drive Time | Distance |
|---|---|---|
| Downtown Calgary | 34 mins | 24.1 km |
| Calgary International Airport | 29 mins | 24.8 km |
| Foothills Medical Centre / University of Calgary | 42 mins | 25.7 km |
| East Hills Shopping Centre | 11 mins | 6.9 km |
| Downtown Chestermere / Chestermere Lake | 7 mins | 3.9 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.











