Rainbow Falls

Rainbow Falls: Nature Inspired Living in Chestermere

Rainbow Falls is one of Chestermere’s most scenic and desirable communities, offering a balance of tranquility and modern living. Built around beautiful waterfalls, canals, and pathways, this community is perfect for families, outdoor enthusiasts, and anyone seeking a peaceful lifestyle surrounded by nature. With access to parks, schools, and recreational amenities, Rainbow Falls provides a serene yet connected environment.

Homes For Sale In Rainbow Falls

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$2,299,900

↓ $100,000

692 West Chestermere Drive , Chestermere

4 Beds 4 Baths 4,513 SqFt Residential MLS® # A2338073

Century 21 Bravo Realty

New

$1,699,000

952 South Shore Terrace , Chestermere

8 Beds 7 Baths 3,629 SqFt Residential MLS® # A2348243

RE/MAX House of Real Estate

$1,600,000

936 South Shore Terrace , Chestermere

3 Beds 4 Baths 1,852 SqFt Residential MLS® # A2328323

LPT Realty

$1,258,000

924 South Shore Terrace , Chestermere

8 Beds 5 Baths 3,408 SqFt Residential MLS® # A2345340

Real Broker

$999,900

268 Rainbow Falls Way , Chestermere

5 Beds 4 Baths 2,393 SqFt Residential MLS® # A2336303

RE/MAX House of Real Estate

$925,000

↓ $24,900

148 Rainbow Falls Glen , Chestermere

5 Beds 4 Baths 2,556 SqFt Residential MLS® # A2329472

CIR Realty

$899,999

↓ $10,001

161 West Creek Pond , Chestermere

3 Beds 3 Baths 1,568 SqFt Residential MLS® # A2324616

First Place Realty

New

$889,900

43 South Shore Road , Chestermere

5 Beds 4 Baths 2,644 SqFt Residential MLS® # A2349328

RE/MAX Key

Open House

$850,000

309 Rainbow Falls Way , Chestermere

4 Beds 4 Baths 2,426 SqFt Residential

Open House

Sat, Oct 3rd, 2026 @ 11am - 1:30pm

MLS® # A2342568

RE/MAX Complete Realty

Open House

$850,000

136 Rainbow Falls Glen , Chestermere

4 Beds 3 Baths 1,592 SqFt Residential

Open House

Sun, Oct 4th, 2026 @ 1pm - 4pm

MLS® # A2338569

Real Broker

$849,900

↓ $50,000

37 Rainbow Falls Boulevard , Chestermere

5 Beds 4 Baths 2,368 SqFt Residential MLS® # A2335091

eXp Realty

$829,900

124 West Creek Glen , Chestermere

4 Beds 3 Baths 1,353 SqFt Residential MLS® # A2331350

RE/MAX Key

$805,000

941 West Chestermere Drive , Chestermere

4 Beds 3 Baths 1,413 SqFt Residential MLS® # A2326780

LPT Realty

$799,900

↓ $49,100

76 Rainbow Falls Boulevard , Chestermere

4 Beds 4 Baths 2,286 SqFt Residential MLS® # A2316289

eXp Realty

$799,900

248 Rainbow Falls Way , Chestermere

4 Beds 3 Baths 1,512 SqFt Residential MLS® # A2332909

The Real Estate District

$775,000

↓ $24,900

199 Lavender Way , Chestermere

4 Beds 4 Baths 2,269 SqFt Residential MLS® # A2336539

Real Broker

$774,900

168 Rainbow Falls Heath , Chestermere

6 Beds 4 Baths 2,793 SqFt Residential MLS® # A2338754

RE/MAX House of Real Estate

$749,000

↓ $21,000

418 Long Beach Landing , Chestermere

4 Beds 4 Baths 2,078 SqFt Residential MLS® # A2332146

Terradigm Advisors

New

$739,900

168 West Creek Crescent , Chestermere

5 Beds 4 Baths 2,520 SqFt Residential MLS® # A2349685

RE/MAX Crown

New

$735,000

128 Seagreen Way , Chestermere

4 Beds 5 Baths 2,543 SqFt Residential MLS® # A2349413

The Real Estate District

$729,000

↓ $20,000

69 Rainbow Falls Boulevard , Chestermere

5 Beds 4 Baths 2,253 SqFt Residential MLS® # A2342517

Century 21 Masters

New

$699,900

572 West Creek Point , Chestermere

4 Beds 4 Baths 2,197 SqFt Residential MLS® # A2349162

RE/MAX Realty Professionals

Open House

$689,900

243 Westchester Boulevard , Chestermere

4 Beds 4 Baths 2,526 SqFt Residential

Open House

Sun, Oct 4th, 2026 @ 2:30pm - 4pm

MLS® # A2343593

RE/MAX Key

$679,000

↓ $10,000

251 Lakeview Cove , Chestermere

3 Beds 4 Baths 2,200 SqFt Residential MLS® # A2319210

Stonemere Real Estate Solutions

$668,800

169 West Creek Boulevard , Chestermere

5 Beds 4 Baths 2,208 SqFt Residential MLS® # A2342622

Real Broker

$660,000

↓ $15,000

172 Mcivor Terrace , Chestermere

3 Beds 3 Baths 2,161 SqFt Residential MLS® # A2328288

CIR Realty

$659,900

185 West Lakeview Drive , Chestermere

7 Beds 3 Baths 2,245 SqFt Residential MLS® # A2345336

Real Broker

$650,000

213 Westcreek Springs , Chestermere

3 Beds 3 Baths 1,273 SqFt Residential MLS® # A2342338

eXp Realty

$645,000

118 Lakeview Shores , Chestermere

3 Beds 3 Baths 2,217 SqFt Residential MLS® # A2341998

eXp Realty

$635,000

↓ $14,500

765 Qualicum Beach Bay , Chestermere

4 Beds 4 Baths 2,328 SqFt Residential MLS® # A2302194

Real Broker

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Key Features of Rainbow Falls

Rainbow Falls stands out for its picturesque waterfalls and waterways that weave through the community. It offers a variety of housing options, including single family homes, townhomes, and condos, to accommodate a range of lifestyles. The neighborhood’s thoughtfully designed streets and green spaces foster a warm, community oriented atmosphere.

Amenities & Recreation

The community is designed to encourage outdoor activity with scenic pathways, waterfalls, and bridges perfect for leisurely walks, biking, and jogging. Multiple parks and playgrounds throughout Rainbow Falls offer space for family activities. Residents can also enjoy easy access to Chestermere Lake for water sports and relaxation.

Real Estate in Rainbow Falls

Rainbow Falls offers a mix of homes to suit every buyer, from large family homes with backyard spaces to stylish townhomes and low maintenance condos. Many properties feature modern designs with open concept layouts, making them perfect for families and professionals. Homes along the canals and waterfalls offer peaceful views, enhancing the living experience.

Schools & Family Living

Families in Rainbow Falls benefit from access to local schools, playgrounds, and sports fields. Nearby schools include East Lake School and St. Gabriel the Archangel School, providing excellent educational options. The community’s parks and open spaces offer children a safe place to play and explore.

Nearby Amenities

Rainbow Falls is close to Chestermere’s best amenities, including Westmere Plaza with its shops, restaurants, and cafes. Residents also have easy access to essential services such as medical clinics and grocery stores. The community's location provides quick access to Highway 1, making Calgary just a short drive away.

Why Choose Rainbow Falls?

Rainbow Falls is ideal for those seeking a nature focused lifestyle with access to modern amenities. Its scenic waterfalls, parks, and pathways make it a unique and peaceful place to live. With various housing options, good schools, and community amenities, it offers something for everyone, from young families to retirees.