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Michelle Eldjarnson
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RE/MAX Realty Horizon

Michelle Eldjarnson

Michelle Eldjarnson

Michelle Eldjarnson

RE/MAX Realty Horizon

392 Rainbow Falls Way

Rainbow Falls – Chestermere, AB

48
  • 392 Rainbow Falls Way
  • $860,900
  • 3 + 1 bedrooms
  • 4 bathrooms
  • 2,286 sqft
1 of 48
Courtesy of Stacey Page of RE/MAX Key
  • Details

  • List Price $860,900
  • MLS® # A2293151
  • Style 2 Storey
  • Bedrooms 3 + 1
  • Bathrooms 4 (1 partial)
  • Year Built 2004
  • Age 22
  • Floor Space 2,286 sqft
  • Lot 6,002 sqft lot
  • Features Backs on to Park/Green Space, No Back Lane, No Neighbours Behind, Pie Shaped Lot, Private, Reverse Pie Shaped Lot, See Remarks, Underground Sprinklers, Views
  • Amenities Breakfast Bar, Ceiling Fan(s), Central Vacuum, Double Vanity, Kitchen Island, No Smoking Home, Pantry, Quartz Counters, Wired for Sound
  • Address 392 Rainbow Falls Way, Chestermere, AB, T1X 1S6

About

Luxury canal-front living with a private backyard resort in Rainbow Falls. Tucked away on a quiet street and backing directly onto the scenic canal pathways, this beautifully maintained original-owner home offers a lifestyle that is rarely available in Chestermere.

The south-facing backyard is a true retreat, featuring a low maintenance, heated outdoor pool (16×30) with a hard locking safety cover, hot tub, expansive patio, sunroom, fenced dog run, and large side yard — all perfectly positioned to take in the peaceful canal views. Pool care is quick and straightforward thanks to the streamlined system. A private gate provides direct access to the pathway system and the lake just a short walk away.

Inside, the home welcomes you with a large entrance and bright front office, ideal for working from home. The open concept main floor is designed for entertaining with a spacious living room, gas fireplace, and a stunning kitchen featuring quartz countertops, a large gathering island, gas stove, walk-through pantry, and a dining area overlooking the pool and canal.

Upstairs, the impressive vaulted bonus room with oversized windows creates a perfect family gathering space. The primary retreat is truly special, with corner windows capturing beautiful canal views, a walk-in closet, and a spa-inspired 5-piece ensuite. Two additional bedrooms complete the upper level.

The fully finished basement provides additional living space with a fourth bedroom, full 4pce bath and a flexible workshop/office area.

For car lovers or hobbyists, the heated quad attached garage (tandem bay) includes 240V wiring, hot and cold water sink with a dedicated hobby space.

Extensive upgrades include triple-pane windows, Hunter Douglas blinds with room-darkening shades, air conditioning, Hardy board siding, Class 4 impact resistant shingles, commercial 6″ eaves, Gemstone Lights and fresh paint throughout the entire home.

This is a rare opportunity to own a canal-front home with a private pool and resort-style backyard in one of Chestermere’s most sought-after communities.

Contact

Arrange Showing
Michelle Eldjarnson
  • A featured listing of
    Michelle Eldjarnson
  • My Office RE/MAX Key
  • Mobile 403-869-9636
  • Email michelleeldjarnson@gmail.com

Community

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RE/MAX Key — 402-320 West Creek Drive, Chestermere, AB, T1X 0P7 — 587-316-2000
© 2026 Michelle Eldjarnson
Home / A2293151
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. Listing data last updated 2026-05-16T15:17:55Z.
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