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368 Rainbow Falls Drive
Rainbow Falls Chestermere T1X 0L8

$475,000
Residential beds: 2 baths: 4.0 1,376 sq. ft. built: 2010

Welcome to your new home
Photo 1: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 2: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 3: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 4: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 5: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 6: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 7: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 8: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 9: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 10: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 11: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 12: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 13: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 14: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 15: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 16: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 17: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 18: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 19: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 20: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 21: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 22: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 23: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 24: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 25: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 26: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 27: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 28: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 29: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 30: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 31: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 32: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 33: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 34: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 35: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Photo 36: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2241731
Bedrooms:
2
Bathrooms:
4
Year Built:
2010
Welcome to 368 Rainbow Falls Drive, a fully developed walkout townhome with coveted lake access, perfectly situated directly across from Rainbow Falls Park in the highly desirable Brownstones community. This extensively upgraded 2 bedroom, 4 bathroom home offers over 1,800 square feet of thoughtfully designed living space spread over three levels. The main floor showcases an open-concept layout that seamlessly blends comfort and functionality, with a spacious living room flowing into the dining area and a chef-inspired kitchen featuring a large island with generous storage, granite countertops, new stainless steel appliances, elegant diagonal maple hardwood flooring, and 9-foot ceilings. Oversized windows fill the space with natural light throughout the day. Step out from the kitchen onto a west-facing deck, ideal for enjoying morning coffee, year-round BBQs with the gas hookup, and beautiful mountain views and sunsets, all while enjoying added privacy from mature trees. A convenient 2-piece powder room is tucked just off the landing to the lower level. Upstairs, the dual primary suite layout offers flexibility and privacy, with the main suite featuring a luxurious 4-piece ensuite with a soaker tub, walk-in shower, and a spacious walk-in closet, while the second suite includes its own 4-piece ensuite. The fully finished walkout basement provides a large, versatile rec room perfect for relaxing, a home office, or a gym, and also includes a 3-piece bathroom, laundry room, and access to the private lower patio and double detached garage. Recent upgrades include a new washer, dryer, and hot water tank. Additional features include central air conditioning, central vacuum, built-in surround sound with volume control, and ample street parking at both the front and rear. The location offers convenient access to scenic pathways, waterfalls, local parks, schools, and amenities, with quick connections to Highways 1, 2, and Stoney Trail. Residents also enjoy the lifestyle benefits of Lake Chestermere—a 750-acre lake fed by the Bow River—perfect for swimming, boating, fishing, and skating throughout the year. This quiet, well-managed complex is known for its welcoming community, beautifully maintained grounds, and low condo fees. Built by award-winning Lionsworthe Homes, this townhome offers quality, comfort, and convenience—schedule your showing today.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,375.57 sq. ft.
Main Level Finished Area:
697.89 sq. ft.
Upper Level Finished Area:
677.68 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
608.83 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$442.94
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Professional Management, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
East
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls, No One Above, No One Below
Total Rooms Above Grade:
5
Year built:
2010 (Age: 15)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0912615
Heating:
Forced Air
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit, Laundry Room
Condo Fee Frequency:
Monthly
The Brownstones at Rainbow Falls
Rainbow Falls
Other
Dishwasher, Dryer, Refrigerator, Stove(s), Washer
N/A
Restrictive Covenant, Utility Right Of Way
Restrictions, Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Kitchen
13'10" × 13'6"
Main Floor
Dining Room
13'10" × 7'9"
Main Floor
Living Room
14' × 13'6"
Upper Level
Bedroom - Primary
13'5" × 11'11"
Upper Level
Bedroom
12'4" × 11'5"
Basement
Living Room
27' × 13'5"
Basement
Laundry
5'11" × 5'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'6"
Upper Level
Yes
4
8'2" x 9'1"
Upper Level
Yes
4
4'11" x 11'8"
Basement
No
3
7'9" x 8'1"
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Central Vacuum, Closet Organizers, Granite Counters, High Ceilings, Open Floorplan, Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Lane, Landscaped, Lawn
Num. of Parcels:
0
Fencing:
None
Region:
Chestermere
Zoning:
R-3
Listed Date:
Jul 22, 2025
Days on Mkt:
  • Photo 1: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Welcome to your new home
  • Photo 2: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Living room
  • Photo 3: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Living Room
  • Photo 4: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Living room
  • Photo 5: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Kitchen
  • Photo 6: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Kitchen
  • Photo 7: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Kitchen
  • Photo 8: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Kitchen
  • Photo 9: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Kitchen
  • Photo 10: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Dining room
  • Photo 11: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Dining room
  • Photo 12: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Dining room
  • Photo 13: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Main bathroom
  • Photo 14: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Primary bedroom
  • Photo 15: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Primary bedroom
  • Photo 16: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Primary bedroom
  • Photo 17: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Walk in closet
  • Photo 18: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Ensuite
  • Photo 19: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Ensuite
  • Photo 20: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Second bedroom
  • Photo 21: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Second bedroom
  • Photo 22: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Upper bathroom
  • Photo 23: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Basement living room
  • Photo 24: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Basement living room
  • Photo 25: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Basement living room
  • Photo 26: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Basement living room
  • Photo 27: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Basement living room
  • Photo 28: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Basement bathroom
  • Photo 29: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 30: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 31: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 32: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 33: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 34: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 35: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
  • Photo 36: 368 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2241731
    Exterior of property
Listed by CIR Realty
Data was last updated July 23, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
273
Avg list price:
$664,900
Min list price:
$268,800
Max list price:
$4,405,500
Avg days on market:
34
Min days on market:
1
Max days on market:
159
Avg price per sq.ft.:
$363.99
These statistics are generated based on the current listing's property type and located in Chestermere. Average values are derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.