For Sale: 469 Rainbow Falls Way, Chestermere, AB - REW
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$1,069,000
5 bd 3 ba 1857 sf House

469 Rainbow Falls WayChestermere, AB, T1X 1S5

  • 5 Bed
  • 3 Bath
  • 1857 Sqft
  • House

About this home

WELCOME TO ONE OF THE MOST IMPRESSIVE WALKOUT BUNGALOWS TO HIT THE MARKET! Completely transformed from top to bottom, this exceptional 5 BEDROOM home offers 3,683 SQ.FT. OF LUXURIOUS LIVING SPACE and is perfectly positioned on a premium POND LOT with a SUNNY SOUTHWEST BACKYARD offering breathtaking views. Walkout bungalows of this size and quality are incredibly hard to find, making this a truly special opportunity. Step inside and immediately appreciate the spectacular open-concept design highlighted by soaring 10-FOOT CEILINGS, built-in speakers, designer finishes and incredible pond views from the moment you walk through the door. The stunning chef's kitchen has been tastefully updated and is sure to impress with a massive centre island, GAS COOKTOP, premium appliances, beautiful custom cabinetry, Granite countertops, a Butler's Pantry that could easily be converted into a spice kitchen, plus a large walk-in pantry. The spacious dining area flows seamlessly into the beautiful living room, creating the perfect space for entertaining family and friends. Step outside to the upper deck featuring Duradek flooring, a gazebo, gas BBQ hookup and spectacular views overlooking the pond. The luxurious primary retreat is MASSIVE and designed for a KING-sized bedroom suite + offers direct access to the upper deck! The spacious WALK IN closet & lavish spa-inspired 5-piece ENSUITE featuring a custom tiled shower, two-person soaker tub and dual vanities. The main floor also features a 2nd bedroom, half bath & beautifully designed laundry room complete with custom cabinetry and a convenient dog wash station. The fully finished WALKOUT BASEMENT is an entertainer's dream. Floor-to-ceiling windows w/ IN-FLOOR HEATING create a bright & comfortable space featuring a massive family room, games area, custom bar w/ full appliance package + an impressive wine cellar. 3 additional bedrooms (one currently used as a gym) provide room for the entire family. The luxurious bathroom features a walk-in STEAM shower, while a 2nd kitchen area offers excellent flexibility for extended family, multi-generational living or future income potential. Outside, you'll fall in love with the professionally landscaped backyard featuring underground sprinklers, mature trees, a covered patio complete with HOT TUB & OUTDOOR TV, fire pit area and peaceful pond. Every outdoor space has been designed to maximize the incredible setting. The OVERSIZED HEATED TRIPLE ATTACHED GARAGE is every homeowner's dream, offering incredible space for vehicles, toys and hobbies while also featuring a CUSTOM STORAGE LOFT that provides exceptional storage without sacrificing valuable garage space. Additional features include IN-FLOOR HEAT WITH BOILER, central AIR CONDITIONING, built-in Gemstone exterior lighting and countless custom upgrades throughout. THIS IS A RARE OPPORTUNITY TO OWN A FULLY RENOVATED WALKOUT BUNGALOW ON A POND THAT TRULY NEEDS TO BE SEEN TO BE APPRECIATED!
Listed by: Bryan Herman, Real Broker

Home facts and features

Price details
List Price
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
3
Property Type
House
Lot Size
6534 ft²
Frontage
57.22 ft
Year Built
Built in 2006 (20 yrs old)
Style
Bungalow
Heating Type
In Floor,Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Full
Features
Bookcases, Central Vacuum, Closet Organizers, Double Vanity, Fire Pit, Fishing, Gas, Granite Counters, High Ceilings, Kitchen Island, Lake, Landscaped, Laundry Room, Main Level, No Smoking Home, Open Floorplan, Pantry, Park, Pond, Rectangular Lot, Schools Nearby, Sidewalks, Steam Room, Street Lights, Views, Walking/bike Paths, Wired For Sound
Amenities
Golf Course, Playground, Shopping Nearby
Appliances
Built-in Gas Range, Built-in Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Garburator, Range Hood, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
Real Broker
Listing details
Days on REW
1 Day
MLS® Number
A2327798
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Our Lady Of Wisdom School
  • n/a
  • -
  • In Catchment
Chestermere Lake Middle School
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  • In Catchment
Rainbow Creek Elementary School
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  • In Catchment
East Lake School
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  • In Catchment
St. Gabriel The Archangel School
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  • -
  • In Catchment
Prairie Waters Elementary School
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  • -
  • In Catchment
Chestermere Learning Connection
  • n/a
  • -
  • In Catchment
Tyndale Christian School
  • n/a
  • -
  • In Catchment
Prince Of Peace Lutheran School
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  • In Catchment
Khalsa School Calgary Educational Foundation
  • n/a
  • -
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-16.