Trabuco Canyon is a small unincorporated community located in the foothills of the Santa Ana Mountains in eastern Orange County, California, north of Rancho Santa Margarita. It lies partly within the Cleveland National Forest. Plano Trabuco Road leads from the top of the Canyon, south, to the city of Rancho Santa Margarita. Fourth of July features an old-fashioned parade of locals riding horses and pulling home-made floats to the cheers of observers - who are small in number but large in enthusiasm. A landmark is the Trabuco Oaks Steak House, a favorite restaurant of President Richard Nixon. A monastery of the Vedanta Society is also in the canyon, as well as the Trabuco Canyon Community Church.