Lake Forest was incorporated as a city in 1991 and has continued to grow ever since including expanding the city limits in 2000 to include Foothill Ranch and Portola Hills. Two large man-made lakes in the city provided the city name. Lake one is known as The Lake Forest Beach and Tennis Club and lake two is known as The Sun and Sail club. They provide a fun atmosphere for the community and a place for social events.
The highest median sale price in Lake Forest occurred in November of 2017 and it was $710,990. Like most areas of Orange County the real estate has been on an upward trend from 2012 when the median sale price in Lake Forest was $304,000.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.