That is one confirmed and one maybe.
A little about the game world its a huge island chain the area around Swordhaven is known as the Silver Triangle a region with Swordhaven in the center on a large granite island with good elevation, a deep port, the Undertown (sort of a sewer meets cryopt meets well whatever lives in there).
To the North is the only known Elven Enclave called Silverforest home of silvery leaved trees whose magic aids druids (adds +1 to spell levels and +4 to the DC of spells when cast, are not cheap either) and the Elven Court. Its the likely most magically warded place around and sports a fine fleet for its size.
To the West is Ironhome a huge mountain island and home to dwarves, gnomes and some humans.
To the East is the Dragon Spires a group of islands home to several good dragons, the Merfolk below the water with a Sea Elven Enclave and rich farming lands where humans and halflings live with several groups of gnomes. Its secure and home to Druids that keep the crops fertile and plentiful. Is a major trading partner of Swordhaven.
Generally its in a secure area and forms a united front.
To the North of that are many islands mostly home to human tribes (barbarians), enclaves of elven folk, some other races and many pirate bases. They raid into the nearby Golden Empire Trading Routes and also gather slaves from human tribes and groups not so well protected.
To the NW are the Black Islands a region home to large numbers of humanoids, evil humans, some evil dragons and the outlawed Undead Temple that left the Swordhaven over a century ago after a major conflict. So they have undead all over as well- fortunately mostly weak undead. Pirates avoid that place generally unless really bloodthirsty and generally they cause a mess for the rest of the Archipelegos (they avoid for now the Silver Triangle). And raids and other incursions do happen when the population problem presents itself and the black sailed fleets (mostly poorly built troop carriers) leave to seek new land.
Add to this lost ruines, forgotten temples, hidden tribes, lost tribes and hidden centers of evil and its one big place to adventure in.