Situated on a quiet cul-de-sac and offering one of the most coveted lots in the highly-acclaimed, gated community of The Pointe, 5 Waterford Way presents a unique opportunity to own one of the area's finest properties. A grand scale great room with soaring ceilings and beautiful natural light greets you upon entry and flows seamlessly with the private rear yard, which offers a covered patio, bar and grilling station, gorgeous fruit trees and a sprawling lawn. The light and bright kitchen with professional-grade appliances transitions beautifully with the family room that is warmed by a cozy fireplace and accentuated by custom cabinetry. An en suite bedroom, large laundry room and quaint powder room complete the first floor. Upstairs, the sumptuous master suite includes a tastefully-designed, recently-remodeled master bathroom and walk-in closet. The remainder of the second level is comprised of a generously-sized bonus room and two en suite bedrooms. Additional highlights include remote-controlled window shades, retractable awnings, 3 fireplaces, stunning molding details and energy-conserving solar panels. A 3-car finished garage with built-in cabinetry completes this exemplary home. Residents of The Pointe enjoy amenities-rich living with access to the Newport Ridge Community Center, which offers tennis, basketball and playground facilities, as well as close proximity to world-class shopping, dining, freeways and John Wayne Airport.