Lake Forest, located in South Orange County, was incorporated in 1991 but the area, previously known as El Toro and Lake Forest, is comprised of a unique balance of business, residential, and open space. Lake Forest has a long colorful history dating to 1842 when the land was awarded to Jose Serrano. At that time, the entire south county region was agricultural including thousands of acres of cattle grazing. (more)
The travel route between San Diego and Los Angeles was active and there was a "major" stagecoach stop in El Toro. After World War II, part of El Toro was later sold to the federal government, which established a Marine Base. Today the Lake Forest population is approximately 78,000.
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California Real Estate Market
Lake Forest, California offers a wide variety of real estate for sale. Single-family homes for sale in Lake Forest start around the low $500,000s and run up to over $1.5 million for luxury homes. South Lake Forest has some beautiful waterfront homes with lake views in North Shores and Sunset Ridge. Condos and townhomes are also available in Lake Forest, ranging from the $200,000s to the $500,000s.
Lake Forest, California Average Home Sizes and Asking Prices