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Saddleback Valley

Lake Forest Real Estate

Live listings, recent sales, and a local’s guide to Lake Forest, from the original lake communities to Baker Ranch.

Lake Forest Homes for Sale

Browse every active Lake Forest home for sale below, newest listings first, updated from the MLS every 5 minutes.

247 homes for sale in Lake Forest right now. In the last 90 days through October 22, 2026, 145 homes sold at a median price of $1,220,000, up 8.4% from a year earlier, after a median 32 days on the market.

Browse Lake Forest: Single-Family Homes, Condos, Townhomes, Ocean View Homes, Homes Under $1 Million, Homes Under $2 Million and Price-Reduced Homes.

See every home for sale in Lake Forest

For a property tour, an off market lead, or a comparative market analysis on a specific Lake Forest address, contact Clark Smith at (949) 494-8830. Realatrends Real Estate, locally owned and operated since 1983.

About Lake Forest

Lake Forest is a southern Orange County city of about 86,000 residents, spanning roughly 17 square miles at the base of the Saddleback Mountains between Mission Viejo and Irvine. Incorporated in 1991 around two private man-made lakes, it is organized into four distinct sub-areas: the original Lake Forest core, the master-planned Foothill Ranch, the foothill community of Portola Hills, and Baker Ranch, a 1.5-square-mile community built between 2017 and 2020. Housing ranges from 1970s and 1980s homes and condominiums to brand-new modern construction, so the citywide median masks wide variation by neighborhood. The city is served primarily by the Saddleback Valley Unified School District, maintains 30 parks, and borders Whiting Ranch Wilderness Park. The 5 Freeway and the 241 and 133 toll roads meet inside city limits, putting Irvine Spectrum, John Wayne Airport, Newport Beach, and Laguna Beach within a short drive.

Whether you are browsing Lake Forest homes for sale or comparing the city against neighbors like Mission Viejo and Irvine, the sections below cover the practical details (school assignments, HOA structures, market data, and outdoor amenities) that affect price and lifestyle in each of the four sub areas.

Location and Access

Lake Forest is approximately 50 miles south of Los Angeles and 30 miles north of San Diego County. Interstate 5 runs north south through the western half of the city. The 241 toll road bisects the eastern half, connecting to the 91 Freeway in the north and the 5 in the south near San Juan Capistrano. The 133 toll road provides a direct route to Laguna Beach in roughly 10 minutes. John Wayne Airport (SNA) is 15 to 20 minutes northwest, and the Realatrends office in Laguna Beach is about 20 minutes west via El Toro Road.

Housing and Architecture

Lake Forest’s housing stock spans four distinct eras and styles, by sub area:

  • Original Lake Forest core (south and west of the 5): primarily 1970s and 1980s single family homes and condominiums clustered around the two namesake private lakes. Sun and Sail Club membership, where applicable, includes lake access, pools, and tennis. Lots are smaller, prices are typically the most accessible in the city.
  • Foothill Ranch (east of the 241, base of Saddleback): a master plan completed in 2000. Mediterranean and Spanish revival architecture, mature landscaping, and walking access to Foothill Ranch Towne Centre and Whiting Ranch Wilderness Park.
  • Portola Hills (further east, between Whiting Ranch and Cleveland National Forest): a smaller community with a wider mix of detached single family, townhouses, and condos. More affordable than Foothill Ranch and Baker Ranch on a price per square foot basis.
  • Baker Ranch (northwest, north of the 5 between Bake Parkway and Lake Forest Drive): a 1.5 square mile master plan built between 2017 and 2020. Modern construction, three swimming pools, eight parks, dog parks, sport courts, and clubhouses.

HOA structures vary widely by sub area. Always request the current CC&Rs and HOA disclosure package as part of due diligence on any specific address.

Condos and Townhomes Across Lake Forest

Attached housing turns up at both ends of the city’s timeline. The original core south and west of the 5 carries condominiums built alongside its 1970s and 1980s tracts, and homes there can qualify for the Sun and Sail Club while still paying into their own condo or townhouse association. Further east toward Whiting Ranch, Portola Hills mixes townhouses and condos with detached homes rather than separating them. Between the two sit the newer communities, which is why a citywide median says relatively little without knowing which era and which sub area a home belongs to.

Schools

Lake Forest is served primarily by the Saddleback Valley Unified School District (22,691 students across 32 schools). District boundaries do not always follow city limits, so confirm the assignment for any specific address before a purchase decision. Schools serving the city include:

  • Lake Forest Elementary
  • Oxford Preparatory Academy (charter, K to 8)
  • El Toro High School: serves the southern and western parts of Lake Forest.
  • Trabuco Hills High School: serves Foothill Ranch, Portola Hills, and parts of Baker Ranch.

Parks, Walkability and Amenities

The City of Lake Forest maintains 30 neighborhood and community parks, plus access to two regional standouts. Whiting Ranch Wilderness Park, on the eastern edge near Foothill Ranch and Portola Hills, covers rolling foothills with sandstone outcrops (the Red Rock Canyon trail is the signature route, accessed from Borrego Trail) and is heavily used by hikers and mountain bikers. Heritage Hill Historical Park (4.1 acres, OC Parks) preserves four restored buildings from the Saddleback Valley’s Mexican Rancho era, the founding of El Toro, and the early twentieth century citrus farming days. Free admission; guided tours Wednesdays, Thursdays, and Saturdays at 11 a.m. (ocparks.com).

Day to day shopping and dining concentrate at three centers: Foothill Ranch Towne Centre (anchored by Target), the Lake Forest Marketplace along El Toro Road, and Baker Ranch’s neighborhood retail. The Sun and Sail Club, original to the Lake Forest master plan, provides pool, tennis, and lake access for member households inside the original core.

Recent Market Snapshot

717 homes sold in Lake Forest in the 12 months to October 29, 2026, at a median price of $1,250,000, 6.7% above the 12 months before. Single-family homes rose 5.5% to $1,410,000, and condos and townhomes rose 6.5% to $697,500. The typical home sold in 19 days, at 98.3% of its original list price. 19% of buyers paid cash. Prices by month since 2012 are on our Lake Forest housing market page.

The citywide median masks wide variation by sub area: Baker Ranch typically trades at a premium, Foothill Ranch sits near the citywide median, the original Lake Forest core trades below it, and Portola Hills runs more affordable on a price per square foot basis. Working from comparable sales inside the same sub area gives the most reliable read.

Market Report

Lake Forest Market Report

Data for October 2026

Median Sale Price

$1,220,000

8.4% YoY

Days on Market

32 days

Active Inventory

247

New Listings (Month)

70

Year-Over-Year Change

8.4%

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12-Month Median Price Trend

Lake Forest

12-month trend, month by month (text)

Zillow's median home value index for Lake Forest moved from $1,196,567 in October 2025 to $1,195,906 in September 2026.

MonthMedian home value
October 2025$1,196,567
November 2025$1,197,276
December 2025$1,199,892
January 2026$1,202,625
February 2026$1,205,563
March 2026$1,207,312
April 2026$1,206,336
May 2026$1,202,904
June 2026$1,198,474
July 2026$1,195,019
August 2026$1,194,742
September 2026$1,195,906

Closed Sales in Lake Forest

Recorded MLS closings, last 90 days through October 22, 2026.

145Closings
$1,220,000Median recorded closing (CRMLS)+8.4% vs the same window last year
$614Median price per sq ft
32Median days on market
96.4%Sale to original list
19%Cash purchases

Recent Lake Forest sales

AddressTypeClosedPriceSq ft
20702 El Toro 90CondoOct 21, 2026$485,500916
24142 Minnetonka LaneSingle-familyOct 21, 2026$1,085,0001,570
20 ForsterSingle-familyOct 21, 2026$1,650,0002,501
25091 Shaver Lake CircleSingle-familyOct 21, 2026$1,652,5002,861
21792 Eveningside LaneSingle-familyOct 20, 2026$1,288,6501,796
25211 CinnamonSingle-familyOct 19, 2026$1,135,0002,474
23222 Orange 4CondoOct 19, 2026$415,000895
23292 Orange Avenue 6CondoOct 16, 2026$400,000928

These figures count closings recorded in the MLS over the window shown. The market report above opens with the same median. Its other figures use monthly Redfin and Realtor.com data. Sale to original list excludes relisted properties. Cash purchases counts sales recorded as all cash.

For a broader look at pricing and inventory across the county, see our Orange County real estate guide.

How does Lake Forest compare? Our Orange County real estate statistics reports the median for every city we cover at three points in time, going back to 2012.

Browse by Community

Lake Forest Communities

Pick a community to see its homes for sale and recorded closings.

Source: CRMLS, through October 29, 2026
CommunityFor saleMedian asking priceClosings in 12 monthsMedian recorded closing
Ironridge10$1,094,50010$1,022,500
Pheasant Creek9$425,00015$425,000
Le Parc9$515,0009$554,995
The Meadows8$2,324,0009$2,295,000
Woods8$1,359,5008$1,420,000
The Oaks at Portola Hills8$2,546,4957$2,520,000
Aliso Creek Villas7$440,00013$375,000
Serrano Summit7$1,769,00010$1,406,500
Tuscany7$550,0002
Laguna North6$1,175,0008$1,150,000
Vista del Flores5$525,0005$772,700
Lake Forest Keys4$2,312,50021$1,675,000
Cedar Glen4$587,45013$585,000
Montecido4$690,0008$763,100
Countryside4$1,157,5007$1,155,000
Deane Lake Homes4$1,522,0006$1,390,000
Salerno4$584,5004$602,000
San Remo Villas4$825,0004$830,000
Highlands4$2,145,0002
Lakeside Park3$690,0004$830,000
Tierra Vista3$699,9004$720,500
White Oak3$489,0004$464,500
Wind Rows3$1,100,0003$1,040,000
Viewpoint3$3,295,0002
Lake Forest Shores3$784,0001
Sand Castle3$599,999
Woods - Baldwin3$1,399,900
Grandview2$697,45014$807,500
The Rowe2$1,020,9448$1,076,250
Serrano Park I2$1,267,0007$1,487,500

Other Lake Forest Communities

Search Lake Forest

Lake Forest Homes by ZIP Code

Market data

Lake Forest Housing Market

Explore Lake Forest

Neighborhoods & Specialties

86,000 Population
$1.22M Median Sale Price (90 days)
17 sq mi Land Area
1991 Incorporated
Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for Lake Forest Homes for Sale

Of the 249 homes for sale in Lake Forest on October 28, 2026, 50 are in a Very High Fire Hazard Severity Zone and none are inside FEMA's Special Flood Hazard Area.

In the California Geological Survey's Seismic Hazard Zones, 31 are in a liquefaction zone and 6 are in an earthquake-induced landslide zone.

Fiber service is reported in the census blocks of 46 percent of them.

  • Homes for sale: CRMLS, as of October 28, 2026.
  • Fire zones: CAL FIRE, the State Fire Marshal's 2025 map for Local Responsibility Areas and the 2024 State Responsibility Area map. Each city adopts its own map and may add areas. Checked October 15, 2026.
  • Flood zones: FEMA National Flood Hazard Layer. Checked October 15, 2026.
  • Seismic Hazard Zones: California Geological Survey. Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025). Checked October 15, 2026.
  • Fiber: FCC National Broadband Map, provider-reported data. Not endorsed by the FCC. Checked October 15, 2026.

Official maps

Good to Know

Frequently Asked Questions About Lake Forest

How many condos and townhomes are for sale in Lake Forest?

Lake Forest had 94 condos for sale on October 29, 2026, plus 17 townhomes, according to the MLS. Browse them on our Lake Forest condos and Lake Forest townhomes pages.

Are there new construction homes for sale in Lake Forest?

On October 29, 2026, MLS listings in Lake Forest included 8 homes for sale that their agents flagged as new construction. Our Lake Forest new construction homes page lists them.

What is the Lake Forest real estate market like?

Buyers in Lake Forest paid a median of $1,220,000 in the last 90 days through October 22, 2026, up 8.4% from the same window a year earlier. Homes sold in a median of 32 days on market. Leaving out relisted homes, the median sale closed at 96.4% of its original list price. Our Lake Forest housing market page shows prices and sales for every year since 2012.

How much do homes cost in Lake Forest?

The median sale price in Lake Forest was $1,220,000 over the last 90 days through October 22, 2026, across 145 recorded MLS closings, up 8.4% from the same window a year earlier. Prices and sales for every year since 2012 are on our Lake Forest housing market page.

What school district serves Lake Forest?

Lake Forest is served primarily by the Saddleback Valley Unified School District. District boundaries do not always follow city limits, and high school assignment in particular splits between El Toro High School (south and west) and Trabuco Hills High School (Foothill Ranch, Portola Hills, parts of Baker Ranch). Confirm the assignment for any specific address before a purchase decision.

What is the difference between Foothill Ranch, Portola Hills, and Baker Ranch?

All three are sub areas of Lake Forest with their own master plans. Foothill Ranch (built out by 2000) sits at the base of Saddleback with mature landscaping and Mediterranean architecture. Portola Hills, further east, is smaller and trades more affordably. Baker Ranch (built 2017 to 2020) is the newest, most amenity rich, and most expensive on a median basis, with modern construction plus pools, parks, and clubhouses.

Are there HOAs in Lake Forest?

HOA structure varies by sub area. Foothill Ranch, Portola Hills, and Baker Ranch each operate under their own master HOAs with sub HOAs for individual tracts. The original Lake Forest core has the Sun and Sail Club for member households (pool, tennis, lake access) and individual condo or townhouse HOAs. Always request the current CC&R and HOA disclosure package as part of due diligence.

What is the closest beach?

Laguna Beach is the closest, approximately 10 to 12 miles southwest via the 133 toll road (about 15 minutes off peak). Aliso Beach and Crescent Bay are similarly close. Newport Beach is roughly 18 miles west via the 5 and the 73 toll road.

How does Lake Forest compare to Mission Viejo and Irvine?

Lake Forest spans a wider range of housing stock than either Mission Viejo or Irvine, from 1970s era homes in the original core to brand new Baker Ranch construction. Median prices sit between Mission Viejo (slightly lower citywide) and Irvine (notably higher). Lake Forest also has more direct access to wilderness recreation through Whiting Ranch Wilderness Park than either neighbor.

How many Lake Forest homes for sale are there right now?

The MLS showed 247 homes for sale in Lake Forest on October 29, 2026, counting houses, condos, townhomes and multi-unit buildings, with each home counted once and manufactured homes left out.

Active inventory shifts week to week, so the listings grid at the top of this page pulls live MLS data and the count and homes you see are current.

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Neighborhoods, schools, commute, and daily life from brokers who live and work on this coast.

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