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Lake Forest

Lake Forest

Located in Orange County

$1,234,868 Average Value
$664 Average Price per Sq Ft
164 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 Linda Fong, an experienced agent in this area.

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Lake Forest Housing Trends

Housing Trends

Median List Price
$1,250,000
Median Sale Price
$1,198,500
Median Single Family Sale Price
$1,350,000
Median Townhouse Sale Price
$1,013,750
Median 2 Bedroom Sale Price
$607,500
Median Change From 1st List Price
1%
Last 12 months Home Sales
566
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$664

Area Facts

Number of Homes
15,366
Number of Homes for Sale
164
Median Year Built
1977
Months of Supply
3.50
Average Single Family Home Size Sq Ft
2,031
Above the national average
1,925
Average Townhouse Size Sq Ft
1,664
Average 2 Bedroom Size Sq Ft
1,059
Average 1 Bedroom Size Sq Ft
767
Median Lot Size Sq Ft
5,662

Open Houses

  • Saturday, Oct 4
    Open Sat 12PM - 3PM

    22292 Silent Brook, Lake Forest, CA 92630

    $1,100,000

    • 3 Beds
    • 2 Baths
    • 1,499 Sq Ft
    • 22292 Silent Brook
    • New 18 hours ago

    Single-Story Living in the heart of Lake Forest! Move right into this single-family detached residence with approximately 1,500 sq ft of spacious living. This turnkey, corner-lot home features 3 bedrooms and 2 full baths, a light-filled kitchen with all-new stainless appliances and a view of the great outdoors, vaulted ceilings upon entry, an open concept living area with cozy fireplace, custom

    Erin White-Freimann Seven Gables Real Estate

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  • Saturday, Oct 4
    Open Sat 1PM - 4PM

    28871 Canyon Point, Trabuco Canyon, CA 92679

    $499,900

    • 2 Beds
    • 2 Baths
    • 873 Sq Ft
    • 28871 Canyon Point
    • New 1 day ago

    Wait, a condo with DIRECT GARAGE ACCESS that's oversized and EV-ready with room for storage? This condo understood the assignment! This charming lower-level unit sits at the end of the building and is ideal for those seeking a quieter and more peaceful living environment. The layout provides a sense of separation rarely found in attached homes and offers a very large outside patio and living

    Jennifer Castaneda Berkshire Hathaway HomeService

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  • Saturday, Oct 4
    Open Sat 1PM - 4PM

    174 Denali, Lake Forest, CA 92630

    $1,425,900

    • 4 Beds
    • 3.5 Baths
    • 2,401 Sq Ft
    • 174 Denali
    • New 1 day ago

    LARGE BACK YARD!!! This beautifully designed 4 bedroom, 3.5 bath home offers a light and bright open floor plan with modern designer finishes throughout. The spacious layout includes a 3rd-floor bonus room that opens to a private walk-out patio deck, perfect for entertaining or relaxing with beautiful views. Situated on a premium corner lot, this property boasts one of the largest yards in the

    Billy Long Balboa Real Estate, Inc

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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