Lake Forest is composed of two man-made lakes bordered by homes, and the Eucalyptus forest, which include unique homes built within it's boundaries. Since the city was incorporated in 1991, it has redesigned its shopping area, "The Arbor" and "The Orchard" along El Toro road, and includes the master-planned areas of Portola Hills, Foothill Ranch and Baker Ranch. New development includes high-end homes with great views of the Saddleback Valley in the community of Portola Hills as well as Baker Ranch, located near the picturesque base of Saddleback Mountain.
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