Create a stunning painting depicting a mythical creature from fantasy and mythology, such as a winged serpent with the ability to control the elements, soaring above a vibrant and otherworldly landscape filled with floating islands and cascading waterfalls. Let your imagination run wild as you blend the fantastical and the mystical in this captivating piece of art.

Generate a vivid painting of a mythical creature, akin to a winged serpent with powers over the elements, majestically flying above a surreal and fantastical landscape. The setting should consist of elusive floating islands and cascading waterfalls, all suffused with a colorful, magical atmosphere. Emphasize on blending the elements of fantasy and mysticism to create a captivating visual story.