Lake Forest Homes under $1.25 million

Welcome to Lake Forest, California—a hidden gem nestled in the heart of Orange County. Known for its picturesque landscapes and vibrant community, Lake Forest offers a harmonious blend of suburban tranquility and urban convenience. With its charming neighborhoods, lush parks, and stunning natural beauty, this city is a perfect place for families, professionals, and retirees alike.

One of the most appealing aspects of Lake Forest is its affordability, especially when it comes to homes under $1.25 million. Here, prospective homeowners can find a diverse array of properties that cater to various tastes and lifestyles. From contemporary single-family homes with spacious backyards to cozy townhouses in friendly communities, Lake Forest boasts an impressive selection that ensures there's something for everyone.

The city's commitment to maintaining a high quality of life is evident in its well-maintained parks and recreational facilities. Residents can enjoy a wide range of outdoor activities, from hiking scenic trails to picnicking in beautifully landscaped parks. Additionally, Lake Forest is home to top-rated schools, making it an attractive option for families seeking a nurturing environment for their children.

Conveniently located near major highways and the vibrant shopping and dining scene of nearby Irvine, Lake Forest offers easy access to everything you need while still providing a peaceful retreat from the hustle and bustle. Whether you’re drawn to the community spirit, the natural beauty, or the value of homes under $1.25 million, Lake Forest is a place where dreams can become a reality. Come discover the charm of Lake Forest—your new home awaits!

Newest Lake Forest Homes under $1.25 million

$639,999

2 Beds ⋅ 2 Baths ⋅ OC26216141 MLS ⋅ Coming Soon Status

This move-in ready, highly coveted, and sophisticated 2-bedroom, 1.5-bathroom end-unit home nestled within the desirable Le Parc community of Lake Forest, ideally located close to the community pool. As a prime end-unit, this home enjoys an exceptional sense of detached-like privacy, with only one shared wall and an abundance of natural light streaming in from extra windows on the side. The thoughtfully refined residence showcases an open and seamless layout designed for both effortless daily living and stylish entertaining, enhanced by premium designer finishes and tranquil neighborhood greenery views. The gourmet-inspired kitchen seamlessly overlooks the main living and dining spaces, featuring sleek countertops, modern appliances, and abundant living spaces. The private primary suite serves as a true serene retreat, featuring high ceilings, a well-appointed ensuite bath, and generous closet space. Additional features include a convenient 2-car garage. Step outside to enjoy your private patio area, perfect for unwinding or hosting intimate gatherings in your secluded outdoor setting. Residents enjoy generous HOA amenities including sparkling pools, spas, scenic walking paths, and well-maintained greenbelts. Conveniently located near top-rated local schools, upscale dining, shopping, and major commuter freeways, this exceptional end-unit is a rare offering that truly delivers the pinnacle of Orange County living.

25671 Le Parc Unit 95, Lake Forest

$387,500

2 Beds ⋅ 2 Baths ⋅ OC26205980 MLS ⋅ Active Status

Welcome to this beautifully remodeled 2-bedroom, 2-bath home in desirable Prothero Mobile Estates! This turnkey home has been extensively upgraded inside and out, offering the perfect blend of modern style, comfort, and functionality. Major improvements include a new roof, new plumbing, a new electrical panel, a new furnace, new LVP flooring, new drywall ceiling/walls, fresh interior and exterior paint, and new lighting, ceiling fans, and an electric fireplace. The remodeled kitchen features beautiful Alder wood cabinetry, soft-close drawers, quartz countertops, a center island, new appliances, and a downdraft cooktop. The spacious primary bathroom has been completely updated with a large shower, freestanding soaking tub, new vanity, vessel sinks, and beautiful tile. The second bathroom has also been thoughtfully remodeled with a tiled shower, new vanity, and updated fixtures. Additional improvements include replaced plywood subflooring, reinforced beams and joists, a new porch and railing, new landscaping, brick accents, two storage sheds, and surround-sound ceiling speakers. The property offers plenty of parking and no home directly in front, creating a more open and private setting. Conveniently located within walking distance to restaurants, shopping, and everyday conveniences. A true turnkey home with extensive upgrades throughout; move in and enjoy.

24701 Raymond Way Unit 135, Lake Forest

$250,000

3 Beds ⋅ 2 Baths ⋅ PW26216618 MLS ⋅ Active Status

Welcome to Kimberly Gardens in Lake Forest! This beautifully updated manufactured home features an open-concept kitchen, spacious living areas, 3 bedrooms, 2 bathrooms, and 2 bonus rooms offering plenty of flexible space. Enjoy community amenities including a clubhouse and swimming pool, with convenient access to El Toro Park and the Aliso Creek Bike & Walking Trail. A wonderful opportunity to enjoy comfortable living in a desirable Lake Forest community!

24922 Muirlands Blvd #62, Lake Forest

$1,250,000

4 Beds ⋅ 3 Baths ⋅ OC26216251 MLS ⋅ Coming Soon Status

Beautifully updated Lake Forest home offering four bedrooms, three fully remodeled bathrooms, and over 1,800 square feet of living space—with no HOA! A gorgeous entry and covered front porch create a welcoming first impression, complemented by new landscaping in the front and back and brand-new exterior paint. Inside, fresh interior paint, new vinyl flooring throughout, and newer vinyl windows give the home a bright, refreshed feel. The kitchen features new stainless steel appliances and a walk-in pantry, while a new sliding glass door opens to a spacious backyard with fresh landscaping and plenty of room for entertaining, outdoor dining, and relaxing. The versatile floor plan includes two main-floor bedrooms and two upstairs bedrooms, providing options for guests, a home office, or multigenerational living. All three bathrooms have been fully remodeled, with oversized walk-in showers in the downstairs bathroom and upstairs primary bathroom. Extensive upgrades include a new roof, brand new air conditioning, furnace, water heater, and electrical panel. The garage features a resurfaced floor and ample storage. Located within walking distance of grocery stores and nearby restaurants, this beautifully refreshed home combines everyday convenience with thoughtful improvements inside and out.

23352 El Perro, Lake Forest

25652 RIMGATE DR Unit 1-14H, Lake Forest

$440,000

1 Beds ⋅ 1 Baths ⋅ OC26216588 MLS ⋅ Active Status

Welcome to this charming ground-level condo nestled in the desirable Old Trabuco Highlands community of Lake Forest! Offering approximately 625 square feet of thoughtfully designed living space, this delightful 1-bedroom, 1-bathroom home combines comfort, convenience, and an easy, low-maintenance lifestyle. Step inside to a bright and functional floor plan that makes excellent use of the space, with everything conveniently located on one level. One of the home’s highlights is the private outdoor patio, offering the perfect spot to enjoy your morning coffee, unwind after a long day, or create your own peaceful outdoor retreat. Additional features include a private laundry area and assigned parking, adding everyday convenience to this inviting home. Ideally situated near shopping, dining, parks, walking trails, and a variety of everyday amenities, this property puts everything you need within easy reach. Whether you’re a first-time buyer, looking for a comfortable home in a convenient location, or seeking an investment opportunity, this charming Lake Forest condo is a wonderful opportunity to enjoy the best of convenient, single-level living in a desirable community.

25652 RIMGATE DR Unit 1-14H, Lake Forest

$1,249,800

4 Beds ⋅ 3 Baths ⋅ OC26216127 MLS ⋅ Coming Soon Status

"Opportunity Knocks". Beautiful turned key Serrano Summit home. The home offers 4 be dooms, 2.5 bath with a spacious backyard that is professionally landscaped. The home is highly upgraded with luxurious Vinyl planks flooring through out downstairs, and upstairs, plush carpeting on the stair steps , upgraded tile flooring for the bathrooms, as well as, plantation Shutters through out. It has open floor plan, gourmet kitchen with island, quartz counter and stainless steel appliance. The master bedroom with walk-in closet, dual sinks, tub and shower. Upstairs laundry room accommodates side by side washer & Dryer. The attached two car attached garage with direct access, also one long driveway that accommodates one car parking . The community is close to Spectrum, easy access to shopping, restaurants and freeway. The association offers Pool, Spa, BBQ area, children's playground, park and club house etc..

205 Denali, Lake Forest

$525,000

1 Beds ⋅ 1 Baths ⋅ TR26216014 MLS ⋅ Active Status

Welcome to 21156 Gladiolus Way, a beautifully updated 1-bedroom, 1-bath home offering an easy, low-maintenance lifestyle in the heart of Lake Forest. Step inside to soaring ceilings, abundant natural light, and an open living and dining area with a cozy fireplace that makes the space feel bright and inviting. Just off the dining area, the private balcony is the perfect spot for morning coffee or unwinding at the end of the day. The updated kitchen features newer cabinetry, countertops, appliances, and finishes, while newer flooring and an updated bathroom give the home a fresh, modern feel throughout. The spacious bedroom offers plenty of room to create a comfortable retreat. A newer A/C, repiping completed in 2023, and a 1-car attached garage add even more convenience. Enjoy community amenities and a desirable Lake Forest location close to shopping, dining, parks, recreation, and everyday conveniences. Whether you're buying your first home, downsizing, or simply looking for a stylish place with less upkeep, this home offers comfort, convenience, and a lifestyle that's easy to enjoy. Complex is VA and FHA approved!

21156 Gladiolos, Lake Forest

$1,100,000

3 Beds ⋅ 2 Baths ⋅ OC26197323 MLS ⋅ Active Status

Welcome to 21251 Forest Meadow—a charming, single-story home featuring 3 bedrooms, 2 bathrooms of beautifully updated living space, nestled in the scenic hills in highly desirable community. From the moment you arrive, you’ll be captivated by its newly exterior paint, lush landscaping, and classic brick planters framing the front walkway. Step inside to an inviting, light-filled living room anchored by a traditional brick fireplace and framed by energy-efficient double-pane windows. Completely updated throughout, this move-in-ready property seamlessly blends modern upgrades with timeless character. The bright, redesigned kitchen is a chef's delight, featuring newly purchased appliances, new pristine white cabinetry, updated granite countertops, and sleek new finishes. The kitchen opens directly to the dining area, where sliding glass doors lead out to a serene backyard completely fenced in and private—creating an effortless layout for everyday living and entertaining. Every corner of the home feels refreshed with new interior paint, crisp lighting, and updated fixtures. The primary suite offers a peaceful retreat, while both bathrooms feature modern design choices that feel clean and stylish. Additional conveniences include an attached two-car garage complete with built-in cabinetry and laundry hookups. Outside, your private backyard sanctuary awaits, featuring lush greenery, mature landscaping, and beautiful, open views of the adjacent park and surrounding hills—the perfect backdrop for morning coffee, weekend barbecues, or quiet evenings under the stars. Located near Vintage Park with top-rated Saddleback Valley Unified schools, convenient 241 Toll Road access, shopping, dining, low taxes, no HOA, and no Mello-Roos, this home is the ultimate turn-key find. Schedule your private showing today!

21251 Forest Meadow, Lake Forest

24921 Muirlands Boulevard Unit 52, Lake Forest

$325,000

2 Beds ⋅ 2 Baths ⋅ NP26215218 MLS ⋅ Active Status

NEW 2026 HOME! - 55+ Community, 2+DEN highly upgraded new manufactured home, is a outstanding opportunity to own a new home at a very reasonable price. Featuring a wonderful open floor plan with lots of natural light. 2 bedrooms PLUS Den/Office, 2 bathrooms, Master bedroom has a walk-in closet and the Master bathroom features a large walk-in shower. The gorgeous kitchen includes a large island, stainless steel high end amenities. Perfect for entertaining, the dining nook and living room are open to the kitchen making a large great room when you enter. The floor coverings are beautiful laminate. The exterior has very low maintenance landscaping. This is a great opportunity to own a new 2026 upgraded home with 1 year manufacture's warranty. BUYER MUST BE APPROVED BY PARK MANAGEMENT - Criteria is 3x the monthly rent in net income per month + 680 credit score using Vantage 3.0. All applicants must be named on escrow title.

24921 Muirlands Boulevard Unit 52, Lake Forest

24921 Muirlands Boulevard Unit 44, Lake Forest

$325,000

2 Beds ⋅ 2 Baths ⋅ NP26214972 MLS ⋅ Active Status

24921 Muirlands Boulevard Unit 44, Lake Forest

24001 Muirlands Boulevard Unit 440, Lake Forest

$224,999

2 Beds ⋅ 2 Baths ⋅ OC26214271 MLS ⋅ Active Status

Located in the highly desirable Forest Gardens 55+ gated community. This bright and spacious home boasts ample natural light, fresh interior and exterior paint, new vinyl plank flooring and new carpet throughout. Enjoy the great Southern California weather year-round on the large, covered patio. Inside the layout provides multiple opportunities. The front living room has a cozy fireplace. The dining room has built in display cabinets. An updated kitchen that opens to both the dining space and the bonus area making entertaining a breeze. The bonus room is an ideal flex space that can be utilized in countless ways such as an additional family room, office, guest space or work out area, etc. The generously sized primary bedroom offers extensive closet space and a big ensuite bathroom with handrails in the shower and toilet room. The secondary bedroom has a walk in closet and en-suite bathroom. The laundry room is conveniently located off the carport entry, has access to the secondary bathroom and has a storage closet. Parking made easy with the covered carport and a storage shed/ workspace. The community amenities include a pool, spa, tennis court, clubhouse, gym, billiards room, library and so much more! Immaculately maintained grounds and located close to restaurants, shops and freeways. This is one you won't want to miss!

24001 Muirlands Boulevard Unit 440, Lake Forest

20874 Serrano Creek Road Unit 64, Lake Forest

$525,000

2 Beds ⋅ 1 Baths ⋅ OC26211953 MLS ⋅ Active Status

Recently updated and improved single level lower unit, ideally located overlooking a peaceful greenbelt, just steps from the community pool, in the desirable Serrano Creek Villas community. Step inside and soak in the freshly painted interior with NEW recessed lighting, plantation shutters, and updated dual-pane windows and sliding doors setting the stage for a superb living environment. The spacious living room is open to the dining area and has direct access to the fully enclosed front patio providing an ideal indoor-outdoor living space for gatherings with friends and family. The kitchen has been beautifully updated with a full custom glass tile backsplash, newly refreshed Kitchen cabinetry, large, upgraded kitchen sink, updated Stainless-Steel appliances, prized walk-in pantry, and a convenient laundry closet with full size newer washer and dryer. You will adore the sleek NEW luxury vinyl wide plank flooring and mirrored closet doors throughout the two bedrooms. The bathroom has been updated with a NEW dual vanity, updated hardware and faucets, updated lighting, a framed vanity mirror, upgraded tub and shower surround, and a tankless bidet toilet. The fully enclosed covered outdoor patio is a peaceful oasis for relaxing, enjoying a morning cup of coffee with a loved one, al fresco dining and BBQing. Patio also includes a convenient storage closet for extra storage. Additional improvements include Re-piped Plumbing and Google Smart thermostat. Just steps from the community clubhouse, pool, and spa. One Covered carport space #48 included. HOA covers Trash and Water. Serrano Creek Villas is a quiet and friendly community with serene walking paths, an abundance of parking, surrounded by lush, mature landscapes. Ideally located within walking distance of hiking, biking, and running trails, close to dining and shopping, easy Toll Road and 5 Freeway access, and just minutes from local beaches. No Mello Roos!

20874 Serrano Creek Road Unit 64, Lake Forest

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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.