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368 Rainbow Falls Drive

Chestermere T1X 0L8

MLS® Number:  A2241731

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  • Home \
  • Chestermere \
  • Rainbow Falls \
  • 368 Rainbow Falls Drive

$ 475,000

2

BEDROOMS

3 + 1

BATHROOMS

1,376

SQUARE FEET

2010

YEAR BUILT

https://www.cirrealty.ca/reb/creb/31/A2241731_2.jpg

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Derek Timmons

4038691430

MLS® Number
A2241731
PROPERTY TYPE
Row/Townhouse
LISTING DATE
July-22-2025

***OPEN HOUSE JULY 26 3PM TO 5PM *** 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.

COMMUNITY  Rainbow Falls
PROPERTY TYPE  Row/Townhouse
BUILDING TYPE  Five Plus
STYLE  2 Storey
YEAR BUILT 2010
SQUARE FOOTAGE  1,376
BEDROOMS  2
BATHROOMS  4.00
BASEMENT  Finished, Full, Walk-Out To Grade
AMENITIES 
APPLIANCES  Dishwasher, Dryer, Refrigerator, Stove(s), Washer
COOLING  Central Air
FIREPLACE  N/A
FLOORING  Carpet, Hardwood, Linoleum
HEATING  Forced Air
LAUNDRY  In Unit, Laundry Room
LOT FEATURES  Back Lane, Landscaped, Lawn
PARKING  Double Garage Detached
RESTRICTIONS  Restrictive Covenant, Utility Right Of Way
ROOF  Asphalt Shingle
TITLE  Fee Simple
BROKER  CIR Realty

 

 

ROOMS DIMENSIONS (m) LEVEL
Living Room 27`0" x 13`5" Basement
Laundry 5`11" x 5`5" Basement
3pc Bathroom 8`1" x 7`9" Basement
Kitchen 13`10" x 13`6" Main
Dining Room 13`10" x 7`9" Main
Living Room 14`0" x 13`6" Main
2pc Bathroom 5`6" x 4`11" Main
4pc Ensuite bath 9`1" x 8`2" Upper
4pc Ensuite bath 11`8" x 4`11" Upper
Bedroom - Primary 13`5" x 11`11" Upper
Bedroom 12`4" x 11`5" Upper
Picture for 364 Rainbow Falls Drive Picture for 364 Rainbow Falls Drive Picture for 364 Rainbow Falls Drive Picture for 364 Rainbow Falls Drive Picture for 364 Rainbow Falls Drive

364 Rainbow Falls Drive

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Picture for 165 Rainbow Falls Manor Picture for 165 Rainbow Falls Manor Picture for 165 Rainbow Falls Manor Picture for 165 Rainbow Falls Manor Picture for 165 Rainbow Falls Manor

165 Rainbow Falls Manor

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1224 sqft | 2 Beds | 2 + 1 Baths    

$423,000 View

Picture for 144 Cascades Pass Picture for 144 Cascades Pass Picture for 144 Cascades Pass Picture for 144 Cascades Pass Picture for 144 Cascades Pass

144 Cascades Pass

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101 Indigo Lane

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1416 sqft | 2 Beds | 2 + 1 Baths    

$390,000 View

Picture for 66, 111 Rainbow Falls Gate  Picture for 66, 111 Rainbow Falls Gate  Picture for 66, 111 Rainbow Falls Gate  Picture for 66, 111 Rainbow Falls Gate  Picture for 66, 111 Rainbow Falls Gate

66, 111 Rainbow Falls Gate

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1528 sqft | 2 Beds | 2 + 1 Baths    

$419,000 View

Picture for 52, 111 Rainbow Falls Gate Picture for 52, 111 Rainbow Falls Gate Picture for 52, 111 Rainbow Falls Gate Picture for 52, 111 Rainbow Falls Gate Picture for 52, 111 Rainbow Falls Gate

52, 111 Rainbow Falls Gate

Chestermere

1531 sqft | 2 Beds | 2 + 1 Baths    

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Picture for 20, 111 Rainbow Falls  Picture for 20, 111 Rainbow Falls  Picture for 20, 111 Rainbow Falls  Picture for 20, 111 Rainbow Falls  Picture for 20, 111 Rainbow Falls

20, 111 Rainbow Falls

Chestermere

1528 sqft | 3 Beds | 2 + 1 Baths    

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Picture for 13 Waterford Glen Picture for 13 Waterford Glen Picture for 13 Waterford Glen Picture for 13 Waterford Glen

13 Waterford Glen

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1552 sqft | 3 Beds | 2 + 1 Baths    

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Picture for 448 West Lakeview Drive Picture for 448 West Lakeview Drive Picture for 448 West Lakeview Drive Picture for 448 West Lakeview Drive Picture for 448 West Lakeview Drive

448 West Lakeview Drive

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1522 sqft | 3 Beds | 2 + 1 Baths    

$519,900 View

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235 South Shore Court

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1608 sqft | 3 Beds | 2 + 1 Baths    

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.