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385 Rainbow Falls Way
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Beds
3
Baths
4 full + 2 half
Sqft
2,449
Year
2007
Type
Single Family
On market
40d
OPEN HOUSE SATURDAY MAY 30, 2PM-4PM Substantially upgraded in 2024, this triple garage home, perfectly positioned on a bright corner lot, backing onto a peaceful walking path to a beautiful pond-is the one you have been waiting for! Designed with growing families in mind, this home offers the space, functionality, and quality finishes that make everyday living and entertaining effortless. From the moment you step into the spacious foyer, you’ll appreciate the care and investment that has gone into this home. A versatile front flex room provides the perfect space for a home office, study area, or formal sitting room. The main floor features 9-foot ceilings, new luxury plank flooring, fresh interior paint, and updated lighting and fixtures throughout, creating a warm yet elevated atmosphere. At the heart of the home is the fully renovated kitchen, truly a standout for families who love to cook and gather. Featuring full-height cabinetry, stainless steel appliances including a stunning gas range, and a highly desirable walkthrough pantry for added convenience and storage. The adjoining dining area comfortably fits a large table, ideal for hosting family meals and celebrations. The living room is both spacious and inviting, anchored by a beautifully updated gas fireplace. Large windows flood the home with natural light, enhanced by custom window coverings, while AC ensures comfort during warmer months. The main floor is completed by a 2-piece powder room and a functional mudroom with built-in bench, perfect for busy households. Upstairs, you’ll find fresh new carpet throughout. The primary suite is generously sized and offers a private retreat with a walk-in closet and a luxurious 5-piece ensuite featuring a relaxing jetted tub. Two additional bedrooms are well-sized for family living, and the convenient upper-level laundry includes newer washer and dryer. The bonus room is a true highlight, featuring vaulted ceilings, large bright windows, and a unique built-in office/ study space.The partially finished basement offers an open layout with two large windows, providing incredible potential for future development to suit a larger family. Outside, the landscaped yard is designed for enjoyment, complete with a large deck featuring glass railing and hidden storage tucked underneath. The exterior stucco has been freshly painted with elegant stone accents adding to the home’s upscale appeal. The triple garage is a dream setup: heated, insulated, with new modern doors, cabinetry, bike racks and both hot and cold water taps. You cant miss the oversized driveway! With all the major upgrades already completed, including appliances, flooring, paint (interior and exterior), Garage doors, Hot water tank, lighting, and fixtures, this is a true turnkey home where the big-ticket items are done. Simply move in with time to enjoy the summer. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Office | 11.17 Ft x 10.00 Ft | |
| Living room | 16.00 Ft x 14.00 Ft | |
| Kitchen | 15.25 Ft x 11.75 Ft | |
| Dining room | 15.00 Ft x 9.17 Ft | |
| 2pc Bathroom | 5.50 Ft x 5.42 Ft | |
| 2pc Bathroom | 9.33 Ft x 5.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 14.50 Ft x 11.50 Ft | |
| Primary Bedroom | 15.67 Ft x 15.00 Ft | |
| Bedroom | 11.33 Ft x 9.42 Ft | |
| Bedroom | 11.33 Ft x 9.42 Ft | |
| Office | 7.83 Ft x 7.00 Ft | |
| 4pc Bathroom | 9.33 Ft x 5.00 Ft | |
| 5pc Bathroom | 15.00 Ft x 11.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.