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Lake Forest

Lake Forest

Located in Orange County

$1,233,639 Average Value
$663 Average Price per Sq Ft
159 Homes For Sale

Green suburbs outside Irvine

Lake Forest is a suburban city sitting just east of Irvine. It's named for the natural features that are integral to its residential developments. "There are a lot of big, fully grown trees that make the streets feel very mature," says Cayenne Kuang, a broker with Spectrum Realty, who's been selling in the Irvine area since the 1990s. Pines and cedars line the city's main drives and shade grassy lawns within communities. Plus, the Santa Ana Mountains north of the city are home to the Cleveland National Forest. Within the city's neighborhoods, residents enjoy the perks of suburban life. "People who move here really care about the communal amenities," says Kuang. "They like having all the activities around them." Many communities have pickleball courts, pools and green space, and if they don't, a city park is usually less than a mile away.

Lake Forest's real estate blends scenic lakes, lush forests, and rolling hills.
Lake Forest's real estate blends scenic lakes, lush forests, and rolling hills.
Nearby golf courses offer scenic fairways and a wonderful experience for all players.
Nearby golf courses offer scenic fairways and a wonderful experience for all players.
Homes in Lake Forest have a stunning view of the Santa Ana Mountains.
Homes in Lake Forest have a stunning view of the Santa Ana Mountains.
The Lake Forest Sports Park has a playground for children of all ages to enjoy.
The Lake Forest Sports Park has a playground for children of all ages to enjoy.
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Community parks and hiking the Santa Ana Mountains

With over 30 parks in Lake Forest, this town has a lot more to offer than its two neighborhood lakes. Most of these spaces are walkable from nearby neighborhoods or even have connecting trails, a result of intricate planning by the city. Maybe the most popular option is Lake Forest Sports Park, just south of state Route 241. This athletic hub hosts 1,200 attendees at its monthly open gym, and 57 of its 86 acres are devoted to multiuse fields and a recreation center; this makes it one of the biggest sports parks in Orange County. For even more fun, residents could roam around the eucalyptus grove at Serrano Creek Park, and kids can climb a rock-walled playground at Cherry Grove Park. Whiting Ranch Wilderness Park, toward the Santa Ana foothills, has a bit more open space — 2,500 acres to be exact. Scenic formations along these 17 miles of trails are sure to impress, especially the colorful crags at Red Rock Canyon, and history buffs can find remnants of cattle ranches scattered throughout the park. Lake Forest's climate is friendly to year-round hiking. Temperatures hover around 60 degrees through most months and top out around 70 degrees in the summer.

The Lake Forest Sports Park features multiple fields for soccer, baseball, and more.
The Lake Forest Sports Park features multiple fields for soccer, baseball, and more.
Serrano Creek Park offers serene trails, lush greenery, and peaceful picnic spots.
Serrano Creek Park offers serene trails, lush greenery, and peaceful picnic spots.
Cherry Park is the perfect family destination for fun in the sun.
Cherry Park is the perfect family destination for fun in the sun.
Whiting Ranch offers thrilling mountain biking trails through rugged, scenic terrain.
Whiting Ranch offers thrilling mountain biking trails through rugged, scenic terrain.
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A selection of suburban communities

Lake Forest's median single-family home price is just over $1 million. This is high compared to national averages, but less expensive than nearby Irvine, which has a median single-family price of over $2 million. Lake Forest is a suburban city comprised of residential developments like Lake Forest Shores, where New Traditional and Mediterranean-style homes sit around human-made lakes. Communities on the city's north end, like Foothill Ranch, provide more extensive views of the Santa Ana Mountains to the north. Prices fluctuate within communities. Most homes are around the median prices, but a modern new build on the next street can cost over $2 million. New developments have set the tone for rising prices, like Baker Ranch just off state Route 241, where many homes approach $3 million.

Larger, Spanish and Mediterranean-style homes can be found in the Lake Forest neighborhood.
Larger, Spanish and Mediterranean-style homes can be found in the Lake Forest neighborhood.
The city is named after its two man-made lakes surrounded by lush forest areas.
The city is named after its two man-made lakes surrounded by lush forest areas.
Foothill Ranch boasts stunning mountain views and a charming suburban vibe.
Foothill Ranch boasts stunning mountain views and a charming suburban vibe.
This Baker Ranch two-story Craftsman emphasizes handcrafted and artisanal details.
This Baker Ranch two-story Craftsman emphasizes handcrafted and artisanal details.
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A-rated Saddleback Valley Unified School District

Lake Forest is part of the Saddleback Valley Unified School District, which gets an overall A rating from Niche. Schools like A-rated La Madera Elementary are walkable from many homes. Lake Forest's Oxford Preparatory Academy is a highly touted public charter option. It's given an A-plus from Niche and ranked the No. 3 best charter elementary school in California. The University of California, Irvine, only 10 miles from Lake Forest, is one of the top 10 public universities in the nation according to U.S. News & World Report.

La Madera Elementary School is located in Lake Forest and serves students K-6.
La Madera Elementary School is located in Lake Forest and serves students K-6.
Oxford Preparatory Academy provides a rigorous curriculum to prepare students for college.
Oxford Preparatory Academy provides a rigorous curriculum to prepare students for college.
The University of California, Irvine is a prestigious campus near Lake Forest.
The University of California, Irvine is a prestigious campus near Lake Forest.
Aldrich Park is centrally located on the UCI campus, offering serene green space.
Aldrich Park is centrally located on the UCI campus, offering serene green space.
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Foothill Ranch Towne Center and other nearby malls

Lake Forest isn’t known for its nightlife, but its shopping districts provide all-day entertainment. Foothill Ranch Towne Center is within walking distance of some northern homes and houses more than 80 stores and fast-food chains. Foodies can eat around the globe at its Food Festival Food Court, which has Japanese, Brazilian, Italian and more. Restaurants in The Orchard shopping mall are similarly eclectic: anything from Mediterranean kebabs to down-home barbecue, next to more big-box shopping. Rancho Santa Margarita Town Center is another option, just east of state Route 241. Art lovers can find comfort here with Ovations Performing Arts Conservatory and Cinepolis Luxury Cinemas, but if they want more entertainment, they can head five miles west to Irvine Spectrum Center’s Ferris wheel and mall. Newport Beach’s galleries and studios are 18 miles south.

The Giant Wheel is an iconic structure of Irvine Spectrum that has beautiful city views.
The Giant Wheel is an iconic structure of Irvine Spectrum that has beautiful city views.
Balboa Island Art Walk is a great place for artist to get out and show their masterpieces.
Balboa Island Art Walk is a great place for artist to get out and show their masterpieces.
Enjoy some barbecue at Lucille's Smokehouse BBQ in Lake Forest.
Enjoy some barbecue at Lucille's Smokehouse BBQ in Lake Forest.
Dining options are plentiful at the Foothill Ranch Towne Center.
Dining options are plentiful at the Foothill Ranch Towne Center.
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Commute to Irvine or San Diego

Interstate 5 runs along the city's south side. Commuters can take it 10 miles west to Irvine, home to many of Orange County's tech and finance companies. Irvine Industrial Center borders the city's west side. It's home to many logistics centers, tech companies and manufacturers. The headquarters of Oakley Sunglasses is located on the city's north side, just off state Route 241. There are Orange County Transit Buses running on the city's main thoroughfares, but most residents rely on a car to get around. Downtown LA is about 50 miles up the 5, and San Diego is about 80 miles south. John Wayne Airport — just over 10 miles away in Santa Ana — is the closest spot for regional flights.

Silverado Fire precautions and low crime

This region’s dry Santa Ana winds can escalate wildfires and sometimes lead to evacuations. In October 2020, the Silverado Fire burned nearly 14,000 acres of forest and encroached into the Irvine area, incited by 80-mile-an-hour gusts. Southern residents just saw the smoke, but those in mountainside communities faced the blaze closer to home: of the 70,000 homes evacuated in greater Irvine, 6,000 of them were in Lake Forest. Residents should follow ordinances by the Orange County Fire Authority and CalFire, in addition to signing up for text notifications via AlertOC and Nixle.

According to FBI data, Lake Forest's crime rates are consistently well below state and national averages. Through 2023, Lake Forest had an average monthly violent crime rate of 39 offenses per 100,000 people, compared to California's monthly average of 104 offenses per 100,000 people.

Ed Coombs
Written By
Ed Coombs
Darren Asay
Photography Contributed By
Darren Asay
Daniel Quattro
Video By
Daniel Quattro

Interested in learning more about homes in this area? Reach out to Tyler Kruse, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Lake Forest Housing Trends

Housing Trends

Median List Price
$1,249,900
Median Sale Price
$1,175,000
Median Single Family Sale Price
$1,338,250
Median Townhouse Sale Price
$1,030,000
Median 2 Bedroom Sale Price
$610,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
558
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$663

Area Facts

Number of Homes in Neighborhood
15,360
Number of Homes for Sale
159
Median Year Built
1977
Months of Supply
3.40
Average Single Family Home Size Sq Ft
2,030
Above the national average
1,925
Average Townhouse Size Sq Ft
1,665
Average 2 Bedroom Size Sq Ft
1,059
Average 1 Bedroom Size Sq Ft
768
Median Lot Size Sq Ft
5,662

Open Houses

  • Sunday, Sep 14
    Open Sun 1PM - 4PM

    23902 Barton St, Lake Forest, CA 92630

    $1,079,000

    • 3 Beds
    • 2 Baths
    • 1,347 Sq Ft
    • 23902 Barton St
    • New 3 days ago

    This elegantly upgraded two-story residence offers timeless appeal in a sought-after Lake Forest neighborhood, occupying one of the larger lots in the area. The property includes a two-car garage and ample driveway space suitable for a trailer, RV, or additional vehicles. A spacious double-door entry leads to an open concept living room on the first floor, featuring an upgraded chandelier and gas

    Agent Photo
    Martha Surbida
    Century 21 Rainbow Realty
    (949) 676-9603
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  • Sunday, Sep 14
    Open Sun 1:30PM - 3:30PM

    12 Starflower, Lake Forest, CA 92610

    $2,250,000

    • 5 Beds
    • 5.5 Baths
    • 3,053 Sq Ft
    • 12 Starflower
    • New 2 days ago

    Price Reduced !! Don't miss this home with the best floor plan in Baker Ranch Community .Gorgeous 5 Private Suites Home in Baker Ranch!Welcome to your dream home in the highly desirable Baker Ranch community Built by Luxury home builder Toll Brother .—No Mello Roos, low HOA, and located within one of the area’s top-rated school districts! Built in 2014, this beautifully maintained

    Maggie Hsu Pinnacle Real Estate Group

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  • Sunday, Sep 14
    Open Sun 2PM - 4PM

    25446 Yountville, Lake Forest, CA 92630

    $649,999

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • 25446 Yountville
    • New 2 days ago

    Welcome to this beautifully updated two-bedroom, one-and-a-quarter bath, single-level unit—a rare downstairs find that offers both comfort and convenience. Step inside and you’ll immediately notice the thoughtful upgrades. The kitchen and bathrooms boast granite countertops, giving the spaces adding both durability and style. The home also features a separate dining area, inside laundry, and

    Bryn Hutchinson Re/Max Property Connection

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Lake Forest

Property Mix - Square Feet

Lake Forest Has More Owners

Demographics

Total Population
81,561
Median Age
41
Population under 18
23.3%
On par with the national average
23.8%
Population over 65
17.2%
On par with the national average
19.1%

Finances

Median Household Income
$128,267
Significantly above the national average
$71,702
Average Household Income
$152,804

Education and Workforce

High School Graduates
93.8%
College Graduates
50.9%
Above the national average
34.1%
Advanced Degrees
18.1%
% Population in Labor Force
71.3%
Above the national average
65.1%

Weather

Annual Precipitation
14''
Average Winter Low Temperature
43°F
Average Summer High Temperature
85°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

23 / 100

Somewhat Walkable

Walk Score®®

51 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lake Forest