RAINBOW FALLS

461 Rainbow Falls Way , Chestermere, AB

$1,300,000

Residential · MLS® A2319738

5Bedrooms

4Bathrooms

3,537.77Sq Ft

3Garage

2006Year Built

02 / Overview

PROPERTY OVERVIEW

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,...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area3,537.77 sq ft

Lot Size6,824 sq ft

ZoningR-1

HeatingIn Floor • Forced Air

CoolingCentral Air

ParkingTriple Garage Attached

ExteriorBBQ gas line • Garden • Storage

BasementFull

Year Built2006

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$466After mortgage & expenses

Cap Rate4.9%Based on market rents

Cash on Cash Return2.1%With 20% down payment

Est. Monthly Rent$6,441Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

RAINBOW FALLS

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Investment ScoreN/A

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Active ListingsN/A

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Listed by Brenda Coulter · CIR Realty