Skip main navigation
For sale
C$1,275,000

461 E Rainbow Falls Way, Chestermere, AB T1X 1S5

5beds
3,537sqft
Single Family Residence
Built in 2006
6,969 Square Feet Lot
$-- Zestimate®
C$360/sqft
C$-- HOA

What's special

Waterfront residenceSpectacular sunset viewsStately curb appealExposed aggregate drivewayOversized triple attached garageGrand foyerSoaring ceilings
Welcome to one of Rainbow Falls’ most distinguished waterfront residences, where exceptional craftsmanship, luxury finishes, and breathtaking natural beauty come together. Custom built by the renowned Alanridge and Jager teams, this remarkable estate is perfectly positioned on a west-facing walkout lot overlooking Rainbow Falls Pond, offering spectacular sunset views and an unparalleled lifestyle. From the moment you arrive, the home impresses with its stately curb appeal, exposed aggregate driveway, and oversized triple attached garage. Inside, a grand foyer showcases soaring ceilings, custom tile inlays, rich maple hardwood flooring, and a stunning open-tread curved staircase. Designed for both entertaining and everyday living, the chef-inspired kitchen features dual wall ovens, a professional gas range, an oversized island, full-height shaker cabinetry, and an elegant chimney-style hood fan. The kitchen flows seamlessly into the expansive great room, where custom built-ins, a gas fireplace, and floor-to-ceiling windows frame uninterrupted pond views. The upper deck offers the perfect vantage point to enjoy the spectacular sunsets reflected across the water. The main level also includes a refined dining room with custom detailing and a concealed Murphy bed for added versatility, a dedicated executive office, and a spacious mudroom featuring an impressive designer shoe closet. Upstairs, the luxurious primary retreat overlooks the pond and features a spa-inspired ensuite with a BainUltra soaker tub, custom walk-in shower, and expansive dressing room. Two additional bedrooms, a laundry room, and a substantial recreation and games room added above the garage in 2022 provide exceptional space for family living and entertaining. Complete with a pool table, dry bar, and wine fridge, this flexible retreat is ideal for gatherings, recreation, or media enjoyment. The fully finished walkout level is designed for entertaining, featuring a custom bar, media area, and recent upgrades that create a private in-law or guest retreat with two additional bedrooms, renovated bathroom, and dedicated laundry facilities. Comfort is ensured year-round with basement radiant in-floor heating, dual furnaces, central air conditioning, and a high-efficiency boiler system providing endless hot water. Outside, the professionally landscaped grounds feature underground irrigation, decorative rockwork, premium artificial turf, permanent Gemstone lighting, and a premium SUNCOAST screened room that extends outdoor enjoyment throughout the seasons. Offering exceptional craftsmanship, extensive upgrades, a fully developed walkout design, and stunning west-facing pond views, this is a rare opportunity to own one of Rainbow Falls’ premier waterfront properties.
18 days
|
54
|
4
|

Zillow last checked:

Listing updated:

Listed by:

Brenda Coulter, Associate,

Cir Realty

Source: courtesy of Pillar9 System,MLS®#: A2319738MLS LogoOriginating MLS®#: Calgary

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Dimensions: 13`0" x 12`3"
    Bedroom
    • Level: Upper
    • Dimensions: 11`10" x 13`0"
    Other
    • Level: Upper
    • Dimensions: 16`3" x 16`6"
    Bedroom
    • Level: Basement
    • Dimensions: 14`7" x 13`11"
    Bedroom
    • Level: Basement
    • Dimensions: 13`7" x 13`3"
    Other
    • Level: Main
    • Dimensions: 7`2" x 5`2"
    Other
    • Level: Upper
    • Dimensions: 7`5" x 8`0"
    Other
    • Level: Basement
    • Dimensions: 10`8" x 8`4"
    Other
    • Level: Upper
    • Dimensions: 14`5" x 15`7"
    Dining room
    • Level: Main
    • Dimensions: 10`11" x 20`5"
    Family room
    • Level: Main
    • Dimensions: 11`1" x 14`1"
    Foyer
    • Level: Main
    • Dimensions: 8`9" x 17`7"
    Game room
    • Level: Upper
    • Dimensions: 23`0" x 38`7"
    Great room
    • Level: Basement
    • Dimensions: 24`4" x 26`8"
    Kitchen
    • Level: Main
    • Dimensions: 13`0" x 15`4"
    Living room
    • Level: Main
    • Dimensions: 13`9" x 16`5"
    Mud room
    • Level: Main
    • Dimensions: 14`3" x 9`2"
    Office
    • Level: Main
    • Dimensions: 14`9" x 10`8"
    Other
    • Level: Basement
    • Dimensions: 10`9" x 7`7"
    Other
    • Level: Basement
    • Dimensions: 36`8" x 10`11"
    Walk in closet
    • Level: Upper
    • Dimensions: 9`2" x 9`11"
    Heating
    • Radiant Floor, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Dishwasher, Double Oven, Dryer, Freezer, Garage Control(s), Garburator, Gas Cooktop, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer, Wine Refrigerator
    • Laundry: Laundry Room, Sink, Upper Level
    Features
    • Bookcases, Built-in Features, Ceiling Fan(s), Central Vacuum, Closet Organizers, Crown Molding, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Storage, Sump Pump(s), Tankless Hot Water, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data, Wired for Sound
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Doors: French Doors
    • Windows: Window Coverings
    • Basement: Full
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 3,537 sqft
    • Finished area above ground: 3,537
    • Finished area below ground: 1,340

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: Two,2 Storey
    • Stories: 1
    • Patio & porch: Deck, Patio, Screened
    • Exterior features: BBQ gas line, Garden, Storage
    • Has spa: Yes
    • Spa features: Bath
    • Fencing: Fenced
    • Frontage length: 21.00M 68`11"
    Lot
    • Size: 6,969 Square Feet
    • Features: Back Yard, Creek/River/Stream/Pond, Fruit Trees/Shrub(s), Landscaped, Low Maintenance Landscape, No Neighbours Behind, Underground Sprinklers
    Details
    • Parcel number: 57313626
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stucco, Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 2006

    Community & HOA

    Community
    • Features: Lake, Park, Playground, Sidewalks
    • Subdivision: Rainbow Falls
    HOA
    • Has HOA: No
    Location
    • Region: Chestermere

    Financial & listing details

    • Price per square foot: C$360/sqft
    • Date on market: 6/18/2026
    • Inclusions: basement Dishwasher, Refrigerator in basement, Window Coverings: custom blinds, garage cabinets, garage shelving and sink, hot tub, Pool Table and accessories, Brunswick pool table charis (2), mounted tv in basement including sound system components. sonos and built-in ceiling speakers, TV and home theatre system with built-in speakers (in rec room - pub), Black out blinds in bonus room, all the office furniture (except (2) office chairs): desk, file cabinet and printer table, wall mounted cabinets. Murphy bed in main floor flex room, Shelves and lighting on murphy bed.
    Brenda Coulter, Associate

    Brenda Coulter, Associate

    (403) 271-0600

    By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

      Price history

      Price history is unavailable.

      Public tax history

      Tax history is unavailable.

      Climate risks

      Neighborhood: T1X

      Getting around

      34 / 100
      Car-Dependent
      60 / 100
      Bikeable

      Nearby schools

      GreatSchools rating

      No schools nearby

      We couldn't find any schools near this home.

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel