This trail is located in the Historic Reagan Ranch area and runs through an open grassland along the edge of wooded area. Many equestrians use this trail. While it is generally smooth, sections are a little horse-rutted and loose. It is an easy trail with gentle hills. Connect with Deer Leg Trail and Malibu Lake Vista Trail to make a nice loop. Or continue on Lookout Trail and Cage Creek Trail to other trails in the park.

Yearling Trail can be accessed from the Reagan Ranch staging area in Malibu Creek State Park. From the 101, exit at Kanan Rd in Agoura Hills. Travel south on Kanan Rd to Cornell Rd. and turn left. Continue for 2.3 miles to Mullholland Hwy. Continue straight onto Lake Vista Dr. The staging area will be on the left just after the intersection.