118 Vela Court, Coto de Caza, CA 92679
- 6 beds
- 6 baths
- 5,100 sq ft
- 0.29-acre lot
- Built 2001
$4,199,000
Subdivision Oak View at Summit
Open house
Open Houses
The home
About 118 Vela Court
Set at the end of a cul-de-sac in the prestigious, gated Oak View tract of Coto de Caza, 118 Vela Court offers sweeping south-facing views and an exceptional backdrop for luxurious indoor-outdoor living. A rare offering for one of the most coveted view estates in Coto. This 6 bedroom, 5.5 bath residence combines beautifully upgraded interior with an extraordinary outdoor entertaining space designed to take full advantage of its spectacular setting. Upon entry, soaring two-story ceilings create an impressive first impression, leading to an elegant formal living room & private office. An upgraded powder room and main-level bedroom suite provide added convenience and flexibility for guests or multigenerational living. The state-of-the-art kitchen showcases custom cabinetry, premium Dacor & Bosch appliances, a center island with abundant bar seating, a walk-in pantry plus a casual dining nook. Just beyond, the family room features a striking contemporary stone-accented fireplace and custom TV wall, creating a warm and inviting gathering space. A refrigerated 650-bottle wine room adds a distinctive touch for the wine enthusiast. Upstairs, the expansive primary suite serves as a private retreat, complete with a fireplace sitting area and a completely remodeled, spa-inspired bathroom. Four additional bedrooms offer generous accommodations, including access to an expansive deck where panoramic views provide a beautiful setting for relaxing or entertaining against the backdrop of Coto’s breathtaking sunsets. The en-suite bathrooms complete the thoughtfully designed upper level. The backyard is an entertainer’s dream, with a beautiful pool accented by dramatic fire pots and cascading water spills. A substantial BBQ bar, inviting fire pit and covered outdoor dining area with overhead heat lamps create the perfect setting for gatherings throughout the year. A spiral staircase leads to an elevated deck, offering another vantage point to enjoy the sweeping views. Beneath a covered patio, a separate outdoor living room features its own fireplace, overhead heaters and a state-of-the-art surround sound system, extending the home’s living and entertaining spaces outdoors. Low-maintenance artificial turf and easy-care landscaping complete the grounds. Experience the best of Coto de Caza, where premier living meets award-winning schools, a world-class Golf & Racquet Club, scenic sports parks and easy access to hiking, biking and equestrian trails.
Property details for 118 Vela Court
This 6-bedroom, 6-bath single-family home sits in the Oak View at Summit neighborhood of Coto de Caza in Orange County. It offers 5,100 square feet of living space and is listed at $4,199,000, about $823 per square foot. The home was built in 2001. The MLS record lists the assessor parcel number as 755-234-36. Highlights include panoramic and hill views, a private pool and spa, a fireplace, a guard-gated community, an attached three-car garage, and a 0.29-acre lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $4,199,000
- Days On Site
- New Today
- Bedrooms
- 6
- Inside Area (SqFt)
- 5,100 sqft
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Lot Size
- 0.2911 Acres
- Year Built
- 2001
- MLS® Number
- OC26226144
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $385 monthly
- Sq Ft Source
- Estimated
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC26226144
- Year Built
- 2001
- Living Area (sq ft)
- 5,100
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 12,682
- Lot Size (acres)
- 0.2911
- Levels
- Two
- Bedrooms
- 6
- Full Baths
- 5
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Hills, Panoramic, Valley, Trees Woods
- Private Pool
- Yes
- HOA Dues
- $385
- HOA Frequency
- Monthly
- HOA Name
- CZ Master
- Parcel Number
- 75523436
- On Market Date
- 2026-10-21
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Built In Features, Balcony, Breakfast Area, Ceiling Fans, Crown Molding, Separate Formal Dining Room, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Tile Counters, Two Story Ceilings, Bedroom On Main Level, Entrance Foyer, Jack And Jill Bath, Primary Suite, Walk In Pantry, Wine Cellar, Walk In Closets
- Appliances
- Six Burner Stove, Double Oven, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
- Flooring
- Carpet, Vinyl, Wood
- Heating
- Central, Forced Air, Zoned
- Cooling
- Central Air, Dual, Zoned
- Fireplace
- Family Room, Living Room, Primary Bedroom, Multi Sided, Outside
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Double Pane Windows, Shutters
- Doors
- Double Door Entry, French Doors
- Rooms
- Bathroom, Bedroom, Kitchen, Dining Room, Other, Primary Bedroom, Pantry, Laundry, Office, Foyer, Living Room
Exterior Features
- Exterior Features
- Barbecue, Fire Pit
- Roof
- Tile
- Lot Features
- Back Yard, Cul De Sac, Lawn, Landscaped, Sprinkler System, Yard
- Patio and Porch
- Covered, Lanai, Patio
- Parking
- Direct Access, Driveway, Garage
- Fencing
- Block, Glass, Vinyl, Wrought Iron
- Pool Features
- Gunite, Heated, In Ground, Pebble, Private
- Spa
- Gunite, Heated, In Ground, Private
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Oak View @ Summit (OAKV)
- Community Features
- Biking, Curbs, Dog Park, Golf, Gutters, Hiking, Horse Trails, Stables, Park, Suburban, Sidewalks, Gated
- Association Amenities
- Call For Rules, Controlled Access, Sport Court, Dog Park, Horse Trails, Outdoor Cooking Area, Other Courts, Picnic Area, Playground, Guard, Trails
- Security
- Security Gate, Gated With Guard, Gated Community, Gated With Attendant
The record
Property History for 118 Vela Court
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 21, 2026 | Listed for sale | $4,199,000 | |
| Feb 1, 2021 | Sold | $2,400,000 | Keller Williams Realty |
Cost of ownership
Estimated monthly payment
7.40% · 30-yr fixed$
$32,885/mo
10% down · 30-year fixed · $419,900 down
Principal & interest$26,166
Mortgage insurance (est., over 80% LTV)$1,575
Property tax (est. 1.01%)$3,534
Home insurance (rough est., varies widely)$1,225
HOA from listing$385
$28,402/mo
20% down · 30-year fixed · $839,800 down
Principal & interest$23,258
Property tax (est. 1.01%)$3,534
Home insurance (rough est., varies widely)$1,225
HOA from listing$385
$25,495/mo
30% down · 30-year fixed · $1,259,700 down
Principal & interest$20,351
Property tax (est. 1.01%)$3,534
Home insurance (rough est., varies widely)$1,225
HOA from listing$385
Estimated carrying cost
$5,144/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.01%)$3,534
Home insurance (rough est., varies widely)$1,225
HOA from listing$385
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.40% (week of Oct 15, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Coto de Caza rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 118 Vela Court
Want to see 118 Vela Court in person? We have guided buyers through Oak View at Summit and the wider Coto de Caza market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 118 Vela Court
Thinking of selling nearby? We bring current Oak View at Summit sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Coto de Caza
Coto de Caza is a guard-gated community set in Wagon Wheel Canyon in southeast Orange County, its Spanish name meaning hunting reserve, with a 36-hole golf course, equestrian trails, and tennis facilities. Thomas F. Riley Wilderness Park borders the community, and homes here fall within the Capistrano Unified School District.
Coto de Caza home sales, past 12 months
- Homes sold
- 149
- Median price
- $2,375,000
- Median days on market
- 27
- Median per sq ft
- $650
Recorded MLS closings of single-family homes, Oct 14, 2025 to Oct 14, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Coto de Caza sales
At $823 per square foot, this home's asking price is 27% above the Coto de Caza median of $650 for single-family homes that closed in the past 12 months.
Recent Coto de Caza sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 13 Manchester Court | Oct 14, 2026 | $1,890,000 | 2,696 | $701 | 2 |
| 27 Running Brook | Oct 13, 2026 | $2,620,000 | 4,223 | $620 | 12 |
| 2 Havenhurst Drive | Oct 9, 2026 | $5,450,000 | 6,050 | $901 | 102 |
| 2 Creek View | Oct 8, 2026 | $1,517,500 | 2,303 | $659 | 0 |
| 4 Shale | Oct 7, 2026 | $3,210,000 | 5,648 | $568 | 159 |
Schools
Schools for 118 Vela Court
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Wagon Wheel
- Middle
- Las Flores
- High
- Tesoro
- District
- Capistrano Unified
Living in Coto de Caza covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 118 Vela Court, Coto de Caza
Nearby listings
Similar Homes for Sale in Coto de Caza
$4,099,000
6Beds7Baths5,738SqFt
22 Hawthorne LaneCoto de Caza, CA 92679Private Collection (Stonefield)
Just listed
Newest Coto de Caza Homes for Sale
Explore
Explore Coto de Caza Real Estate
See every home for sale in Coto de Caza, or search the full Orange County MLS on our live homes search. Questions about 118 Vela Court? Talk to Realatrends.
- Coto de Caza Homes for Sale
- Oak View at Summit Homes for Sale
- 92679 Homes for Sale
- Coto de Caza Single-Family Homes for Sale
- Coto de Caza Homes with Pools for Sale
- Coto de Caza Gated Community Homes for Sale
- Orange County Real Estate
Explore Orange County
Browse Homes by City
Listing alerts
Be first to see new Coto de Caza listings
What criteria are you looking for?
New Coto de Caza homes by email, often before they reach the big portals.
You are all set.
Listed by Kenneth Bowen of Re/Max Real Estate Group
Listing information updated Oct 21, 2026 at 3:27 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.