*** Price Improvement*** Welcome home to 368 Rainbow Falls Dr – this fully developed WALKOUT with LAKE ACCESS features PRIME location directly across from Rainbow Falls Park in the desirable Brownstones. This incredible 2 bedroom 4 bathroom townhome has been upgraded throughout and showcases over 1800 square feet of living space on 3 levels. The main floor stuns with its bright and open floorplan with living space flowing effortlessly to the kitchen and dining space – perfect for everyday living & entertaining. Oversized windows fill the home with light at any time of day. Designer touches include beautiful diagonal maple hardwood, GRANITE counters, and 9-foot ceilings. The gourmet kitchen is complete with an OVERSIZED island with seating and storage for days in both cabinets and drawers. New stainless steel appliances complete the space. Easy access to your large, WEST-facing deck off of kitchen/dining area – the perfect spot to take in the sunset, enjoy mountain views, morning coffee, BBQ year round (gas hookup included)...with ample privacy from mature trees. A 2-piece bathroom is conveniently located on landing leading to lower level. Upstairs you will find the desirable dual master layout. The first master suite is complete with a luxurious 4-piece ensuite bath with a separate soaker tub and walk-in shower, and HUGE walk-in closet. The second master suite features a full 4-piece ensuite bath. Downstairs you will find the fully finished WALKOUT basement with large and open recreation space – perfect for unwinding at the end of the day with room to spare for your gym or home office. A 3-piece bathroom, laundry room, and lower patio access complete the lower level. The washer, dryer, and hot water tank have all been replaced and upgraded in the last year as well! Bonus access to your DOUBLE detached garage from the lower patio! Additional features include central A/C, central vac, surround sound with volume control, and ample street parking for ease of access both front and back. Across the street from the park, waterfalls, and large pathway system; walking distance to local amenities, restaurants, and schools. Easy access to the #1 and #2 highways and Stoney Tr making getting around the city and out to the mountains a breeze! Lake Chestermere, a 750-acre lake fed by the Bow River, is the highlight of this lifestyle community where you can enjoy fishing, boating & swimming in the summer & skating in the winter. This quiet, peaceful, and friendly complex features amazing property management that keeps condo fees low & the property in pristine condition year round! Quality built by award-winning Lionsworthe Homes. Check out the virtual tour & book your viewing today!