Southeast Calgary Homes for Sale: $350,000 to $500,000 Price Range (Updated Daily)

For those seeking exceptional value within a vibrant community, Southeast Calgary offers a compelling array of homes priced between $350,000 and $500,000. This range is particularly appealing to first-time homebuyers, downsizers, and investors, offering a mix of affordability and quality in one of Calgary's most dynamic regions.

Key Highlights of Southeast Calgary Homes for Sale ($350,000 to $500,000):

  • Diverse Housing Options: This price bracket includes a variety of housing types such as condominiums, townhouses, and smaller single-family homes, catering to different lifestyles and needs.

  • Modern Amenities: Many properties feature modern amenities like updated kitchens, energy-efficient appliances, and well-appointed living spaces that maximize comfort and functionality.

  • Community Facilities: Residents benefit from a host of community amenities including schools, parks, recreational centers, and shopping districts—all contributing to a high quality of life.

  • Outdoor Activities: The area is close to several parks, lakes, and recreational areas, offering abundant opportunities for outdoor enthusiasts to enjoy cycling, walking, and various water activities.

  • Strategic Location: Southeast Calgary provides excellent connectivity to major highways and public transportation routes, facilitating easy access to downtown Calgary and surrounding areas.

  • Investment Opportunities: Homes in this price range are positioned well for potential appreciation, thanks to Calgary's steady growth and the increasing demand for housing in the southeast quadrant.

Work with a Knowledgeable Real Estate Professional: Diane Richardson brings extensive expertise and a personalized approach to the Southeast Calgary real estate market. Diane is dedicated to helping clients find homes that not only meet their financial criteria but also exceed their lifestyle expectations.

Contact Diane Richardson:

Explore Homeownership Opportunities in Southeast Calgary

Whether you’re entering the market for the first time or seeking a worthwhile investment, the $350,000 to $500,000 price range in Southeast Calgary provides a range of affordable and attractive options. Reach out to Diane Richardson to start your journey towards finding your ideal home in this welcoming and thriving community

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

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341 Rainbow Falls Way
Rainbow Falls Chestermere T1X 1W5

$1,050,000
Residential beds: 4 baths: 4.0 2,886 sq. ft. built: 2005

Main Photo: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
Photo 1: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
Photo 2: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
Photo 3: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
Photo 4: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
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Photo 40: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
Photo 41: 341 Rainbow Falls Way: Chestermere Detached for sale : MLS®# A2188337
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2188337
Bedrooms:
4
Bathrooms:
4
Year Built:
2005
**OPEN HOUSE - Sunday, May 11, 1-4 PM**Welcome to Chestermere's **HIDDEN GEM WITH BREATHTAKING VIEWS!**. Perfectly positioned on a premium lot backing onto a serene pond and greenspace, this custom-built home offers tranquil living with modern conveniences, featuring **HEATED FLOORS ON ALL THREE LEVELS**, including the basement and in the triple garage! Step inside to discover high-end features and thoughtful design throughout. The open-concept living room boasts soaring 20-foot ceilings, creating an inviting, light-filled space. Relax by the cozy fireplace or host guests in the gourmet kitchen, which features marble countertops, stainless steel appliances (including a Wolf gas stove/oven), under-cabinet lighting, a chef’s island, and heated tile floors. The walk-through pantry connects seamlessly to the mudroom and main-floor laundry, ensuring convenience without sacrificing style. Enjoy summer barbecues on the main-level deck overlooking the pond, just steps from your dining room. For those who work from home, the private main-floor office provides a quiet and sunlit retreat. Upstairs, the thoughtful design continues with 9-foot ceilings and a layout perfect for families. The primary bedroom is a luxurious haven, offering stunning views of the pond and greenspace. A three-sided fireplace adds warmth and separates the sleeping area from the spa-like ensuite, which includes a soaker tub, private toilet room, heated tile floors, and a tile-enclosed shower with a rainfall showerhead. The spacious walk-in closet features custom shelving to keep your wardrobe perfectly organized. Two additional bedrooms, each with lighted walk-in closets, share a 4-piece main bathroom with heated tile floors for extra comfort. A large bonus room with vaulted ceilings provides flexible space for a media room, home gym, music studio, or play area. The fully finished walk-out lower level offers 9-foot ceilings and opens onto a covered, lighted patio. The expansive rec room is ideal for entertaining, with enough room for poker, pool, AND ping-pong! This level also includes a fourth bedroom and a 3-piece bathroom, making it perfect for guests or additional family space. Car enthusiasts will appreciate the heated triple garage, complete with a workbench and heated floors, offering ample storage and workspace. Outside, the low-maintenance yard is landscaped with beautiful perennial gardens, providing an ideal setting for morning coffee or peaceful evenings. This home is packed with features, including A/C and heated tile floors on all three level for year-round comfort. There’s so much more to discover! Check out the microsite for the virtual tour, home video, and more details. Opportunities like this in the neighborhood are rare—schedule your private showing today and make this exceptional home yours!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,886.33 sq. ft.
Main Level Finished Area:
1,411.68 sq. ft.
Upper Level Finished Area:
1,474.64 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,408.13 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,490 sq. ft.
Lot Frontage:
57'3½"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
South
Reg. Size:
Reg. Size Includes:
Floor Location:
Below Grade
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2005 (Age: 20)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0414503
Heating:
Hot Water, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas, Three-Sided
Garage:
1
Garage Spaces:
3
Parking:
220 Volt Wiring, Garage Faces Front, Heated Garage, Insulated, Triple Garage Attached, Workshop in Garage
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Main Level
Rainbow Falls
Dishwasher, Garage Control(s), Garburator, Gas Range, Refrigerator, Washer/Dryer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
49'3" × 25'2"
Main Floor
Kitchen
70'6" × 55'3"
Main Floor
Laundry
34'5" × 27'4"
Main Floor
Living Room
69'6" × 50'10"
Main Floor
Office
59'11" × 35'10"
2nd Floor
Bedroom - Primary
57'2" × 49'6"
2nd Floor
Bedroom
54'5" × 40'5"
2nd Floor
Bedroom
61' × 39'8"
2nd Floor
Walk-In Closet
30'7" × 20'3"
2nd Floor
Family Room
54'2" × 48'8"
Basement
Bedroom
48'11" × 48'2"
Basement
Game Room
117'4" × 76'3"
Basement
Furnace/Utility Room
54'5" × 32'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
No
4
2nd Floor
Yes
4
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Walking/Bike Paths
Interior Features:
Breakfast Bar, Built-in Features, Central Vacuum, Crown Molding, Granite Counters, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Sump Pump(s), Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Barbecue
Patio And Porch Features:
Deck, Rear Porch
Lot Features:
Back Yard, Backs on to Park/Green Space, Creek/River/Stream/Pond, No Neighbours Behind
Waterfront Features:
See Remarks, Pond
Num. of Parcels:
0
Fencing:
Fenced
Region:
Chestermere
Zoning:
Residential Single Detach
Listed Date:
Jan 16, 2025
Days on Mkt:
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Virtual Tour

Listed by Greater Calgary Real Estate
Data was last updated May 11, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
262
Avg list price:
$660,500
Min list price:
$298,000
Max list price:
$2,950,000
Avg days on market:
31
Min days on market:
1
Max days on market:
401
Avg price per sq.ft.:
$366.83
These statistics are generated based on the current listing's property type and located in Chestermere. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706