A must see! Offering one of the most coveted homes in the highly-acclaimed gated community of The Point; 5 Waterford Way presents a unique opportunity to lease one the area's finest properties. With fabulous curb appeal, totally upgraded and furnished in move-in condition; you just need to pack your personal possessions and move in to this luxuriously appointed home. Through double doors, enter to view a grand scale great room with beautiful hardwood floors, soaring ceilings, and French doors with remote controlled window shades. You will enjoy the natural light flowing from the professionally maintained private yard complete with patio, built-in bar & barbeque grilling station and a separate seating area to relax and enjoy your serene surroundings. The light and bright gourmet kitchen with travertine flooring and Monogram professional-grade appliances transitions into the family room accentuated with cozy fireplace, custom cabinetry, and entertainment center with mounted flat screen TV including a SONOS surround sound system. A quaint powder room, a private ensuite bedroom, and large laundry room with cabinets, sink, and electric washer/dryer completes the first floor. Moving up the custom-designed staircase; the pristine master suite includes fireplace, large flat screen TV and surround sound entertainment area with remodeled bathroom complete with double sinks, tub and separate shower with huge walk-in closet. The remainder of the second level boasts a generously sized bonus room with built in desks and flat screen TV, including two ample ensuite bedrooms. Additional highlights include re-piping of entire house with PEX Type "A" System with lifetime guarantee; central air & heat with thermostats on both levels; water filtration system throughout, custom window shades, stunning molding details; built in security system, and energy conserving solar panels. A 3-car finished garage with custom cabinetry and work area completes this exemplary home. Enjoy amenity-rich living with access to the Newport Ridge Community Center offering tennis, basketball, playground facilities and hiking trails, as well as close proximity to blue ribbon private and public schools, shopping, dining, freeways and toll roads; and minutes to the John Wayne Airport. This is beach-close living at its finest; just move in to begin enjoying the good life in this prestigious world-class community.