It is bounded to the north and east by San Jose, to the south by Linabo and Aglayan, and to the west by Magsaysay.

There are two public elementary schools in Laguitas administered by the Department of Education through the Division of Malaybalay City.

These are Laguitas Elementary School in the village proper; the other is Balangbang Elementary School in Balangbang[7] A popular historical narrative about the establishment of Laguitas is centered around a legendary maiden named "Quitas," who was usually seen during a full moon sitting at a big flat sardonyx stone beside a balete tree along the Sawaga.

When Spanish colonizers heard of the story, the place around her purported sanctuary including the nearby settlement was called Laguitas.

Sharing the vicissitudes of its mother town and the Philippines as a whole, Laguitas grew into this present, developing community in the southern part of the city.