Welcome to 114 Vela Court in Coto de Caza?s exclusive Summit Oakview neighborhood; set at the top of a single loaded cul-de-sac with panoramic views of the canyon and Saddleback Mountain range. This beautiful 5 bedroom, 5.5 bath home incorporates stylish upgrades including coffered ceilings, hardwood and travertine floors, leaded glass windows, custom wrought iron banisters and distinctive moldings. The gourmet kitchen features stainless steel professional grade appliances, granite countertops, breakfast bar and an adjacent eating area. The open feel, main floor layout includes a formal living room, elegant dining room, family room off the kitchen, main floor bedroom with ensuite bathroom, laundry, and powder room. Upstairs you will find a spacious loft area with a front balcony, all bedrooms with ensuite bathrooms and an expansive master suite that features a retreat with a dual-sided fireplace, an oversized walk-in closet, and master bathroom with a walk-in shower, dual vanities, and soaking tub with spectacular views. The home has four garages, a welcoming water feature and double leaded glass doors at the entry. In the back yard, there is a tropical setting to enjoy the breathtaking views and entertain family and friends alongside a rock pool, spa, water slide and fire pit. The home has leased solar through Tesla Solar. Coto de Caza is one the premier communities in South Orange County and is adjacent to award-winning schools including Santa Margarita Catholic High School, Tesoro High School, Las Flores Middle School, Wagon Wheel Elementary, and St. John's Elementary & Middle School; shopping and restaurants and easy access to the 241 toll road and 5 freeway; and amenities include the Golf & Racquet Club (membership club), hiking, biking & horse trails, parks, Equestrian Center, sports parks & much more!