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Set on 4.00 acres of mature trees in The Highlands of West Bragg Creek, this walkout bungalow offers a balance of space, functionality, and a...
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320 Rainbow Falls Drive
Rainbow Falls
Chestermere
T1X 0E4
$425,000
Residential
beds: 2
baths: 4.0
1,394 sq. ft.
built: 2007
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2311396
- Bedrooms:
- 2
- Bathrooms:
- 4
- Year Built:
- 2007
- Photos (42)
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Welcome to 320 Rainbow Falls Drive, a well-maintained, air-conditioned townhome with a fully finished walkout basement and double detached garage in a mature, highly convenient location. Offering 2 bedrooms, each with its own 4-piece ensuite, plus a full bathroom in the basement and a half bath on the main floor, this fully developed home delivers excellent value and functionality. Step inside to 9 ft ceilings throughout the main level and a spacious living room that flows into the sun-filled, southwest-facing kitchen and dining area. The kitchen features an island, pantry, and stainless steel appliances, with access to the balcony overlooking the backyard with no neighbours directly behind. Upstairs, you’ll find two generously sized bedrooms with private ensuite bathrooms, including a primary bedroom with a walk-in closet. The fully developed walkout basement adds even more flexible living space with a massive rec room, full bathroom, spacious laundry room, and direct access to the backyard leading to the double detached garage. Facing green space and located just steps from the Chestermere Business Park, this home is walking distance to grocery, pharmacy, restaurants, gas, schools, parks, pathways, and close to major routes in and out of Chestermere.
- Property Type:
- Residential
- Property Sub Type:
- Row/Townhouse
- Condo Type:
- Conventional Condo
- Transaction Type:
- For Sale
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 1,393.84 sq. ft.129 m2
- Main Level Finished Area:
- 708.56 sq. ft.65.8 m2
- Upper Level Finished Area:
- 685.28 sq. ft.63.7 m2
- Below Grade Finished Area:
- 661.49 sq. ft.61.5 m2
- Condo Fee:
- $390.00
- Condo Fee Includes:
- Common Area Maintenance, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash
- Front Exposure:
- Northeast
- Unit Exposure:
- Southwest
- Entry Level:
- 1
- Levels:
- Two
- End Unit:
- 2+ Common Walls, No One Above, No One Below
- Total Rooms Above Grade:
- 5
- Year built:
- 2007 (Age: 19)
- Bedrooms:
- 2 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 1012881
- Heating:
- Forced Air
- Basement:
- Full, Finished, Walk Out
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Concrete, Wood Frame
- Structure Type:
- Five Plus
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Laminate, Linoleum
- Cooling:
- Central Air
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement, Laundry Room, Lower Level
- Condo Fee Frequency:
- Monthly
- The Brownstones at Rainbow Falls
- Rainbow Falls
- Parking, Snow Removal, Trash
- Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
- N/A
- Pet Restrictions or Board approval Required, Pets Allowed, Utility Right Of Way
- Restrictions, Cats OK, Dogs OK, Yes
- Floor
- Type
- Size
- Other
- Main Floor
- Dining Room
- 17'5.18 m × 6'11"2.11 m
- Main Floor
- Kitchen
- 14'4.27 m × 10'2"3.10 m
- Main Floor
- Living Room
- 8'1"2.46 m × 7'2.13 m
- Upper Level
- Bedroom
- 11'11"3.63 m × 11'7"3.53 m
- Upper Level
- Bedroom - Primary
- 13'9"4.19 m × 12'3.66 m
- Basement
- Furnace/Utility Room
- 4'4"1.32 m × 2'10".86 m
- Basement
- Laundry
- 10'1"3.07 m × 5'6"1.68 m
- Basement
- Furnace/Utility Room
- 7'1"2.16 m × 6'3"1.91 m
- Basement
- Game Room
- 24'11"7.59 m × 16'8"5.08 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 6'1" x 5'4"
- Upper Level
- Yes
- 4
- 8'5" x 9'3"
- Upper Level
- Yes
- 4
- 11'6" x 7'4"
- Basement
- No
- 3
- 7'4" x 10'11"
- Title to Land:
- Fee Simple
- Community Features:
- Fishing, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Central Vacuum, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Pantry, Storage, Vinyl Windows, Walk-In Closet(s)
- Exterior Features:
- Balcony, Private Entrance, Private Yard
- Patio And Porch Features:
- Balcony(s), Patio
- Lot Features:
- Back Lane, Back Yard, Few Trees, Landscaped, Lawn, No Neighbours Behind
- Num. of Parcels:
- 0
- Fencing:
- None
- Region:
- Chestermere
- Zoning:
- R-3
- Listed Date:
- May 15, 2026
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Listed by 2% Realty
Data was last updated May 19, 2026 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $569,492
- Min list price:
- $339,900
- Max list price:
- $1,099,900
- Avg days on market:
- 29
- Min days on market:
- 4
- Max days on market:
- 127
- Avg price per sq.ft.:
- $324.48
These statistics are generated based on the current listing's property type
and located in
Rainbow Falls. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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.





