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118 Vela Court, Coto de Caza, CA 92679

$4.20M6bd · 6ba · 5,100 sqft
Lot 12,682 sqft•HOA $385/mo•Single Family Residence•
Active
•12d on market•MLS# OC-26226144

Property Description

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 a jaw dropping entertainer's dream backyard. 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.

Features & Amenities

FeeBuilt 2001

Property Details

Land Type
Fee
Year Built
2001
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Zoned, Central, Forced Air
Cooling
Central Air, Dual, Zoned
View
Hills, Panoramic, Trees/Woods, Valley
Flooring
Vinyl, Carpet, Wood
Roof
Tile
City
Coto de Caza
Zip Code
92679
County
Orange
Listed byRe/Max Real Estate Group, Kenneth Bowen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$21,232.43
Principal & Interest
Loan Amount
$3,359,200
Total Interest
$4,284,474
Total Payment Over 30 Years
$7,643,674
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

118 Vela Court, Coto de Caza, CA 92679

Coto de Caza · Single Family Residence

$4.20M
Luxury Tier
Beds
6
Baths
6
Sqft
5,100
Lot
12,682 sqft
Year
2001
$/Sqft
$823
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 3-car✓

Listed 9.1% above the median closed sale of $3,850,000. Price per sqft ($823) is a 19% premium to closed comps ($693). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.20M· $823/sqft
Total list price
Closed comps
vs closed median $3.85M
+$349K (+9.1%)
Active comps
vs active median $4.19M
+$9K (+0.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $799
+$24 (+3.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9 Rocky MountainCoto de Caza2002565,85411,994$811$4.75M19780
22 Hawthorne LaneCoto de Caza2000675,73812,776$714$4.10M1677
45 PanoramaCoto de Caza1998554,50517,500$999$4.50M20972
9 Rue DelacroixCoto de Caza1997555,03218,623$833$4.19M4371
19 RosanaCoto de Caza2001565,65613,676$636$3.60M6566
Total: 5 · Average5.25.85,35714,913.8$798.6$4.23M106
Median5,656$4.19M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4 BordeauxCoto de Caza200109/29/2026565,85415,477$4.50M$3.95M$6750.8819489
17 Corn FlowerCoto de Caza200108/14/2026676,29112,126$3.85M$3.80M$6040.995988
1 TucsonCoto de Caza200207/22/2026565,21113,951$3.80M$3.75M$7200.994280
22 HawthorneCoto de Caza200006/04/2026675,73812,776$3.96M$3.95M$6881.004978
24 Hawthorne LaneCoto de Caza200105/21/2026564,94214,144$3.85M$3.85M$7791.003378
Total: 5 · Average5.46.45,607.213,694.8$3.86M$3.86M$693.2—75.4
Median5,738$3.85M$3.85M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.