Per a press statement, "The new 2,380-home Baker Ranch community will be the first and only new master-planned community to open in Orange County this year with the grand opening slated for February 8, 2014. Created through a partnership between Shea Homes and Toll Brothers, Baker Ranch is planned to encompass nearly 375 acres atop a broad mesa bordered by roughly 900 acres of open space and situated along the foothills of Lake Forest, CA."

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Learn more about markets featured in this article: Los Angeles, CA.