A working field guide to more than 20 lakes and reservoirs in the White Mountains of Arizona scattered across nearly 3,500 feet of elevation change-- where they sit, how big they run, and what's swimming in them.
Ask a longtime local which lake is the best one and you'll get a different answer depending on what they're after: a quiet evening walk with a rod, a serious trout on a fly, or a dock the grandkids can wade off of. The White Mountains hold more than two dozen lakes and reservoirs, from Lyman Lake's wide, warm water at 6,000 feet to Lee Valley Lake gasping for air at 9,420 feet under the shoulder of Mount Baldy. What follows is grouped the way most people actually reach these places — in and around town, up in the high country, around Greer, and out toward Springerville, Eagar and Alpine.
In and around Pinetop–Lakeside and Show Low
Close to home. The easiest lakes to get to, and the ones most residents fish on a random Tuesday. All are managed by Arizona Game and Fish and are open to anyone with a state license.
Fool Hollow Lake
6,300 ft elevation | 150 acres | 23 ft average depth
Where — Just north of downtown Show Low, inside the Fool Hollow Recreation Area, jointly run by Arizona State Parks, the Forest Service, Game and Fish, and the city.

Fish — Rainbow trout stocked spring through summer, alongside a self-sustaining mix of largemouth and smallmouth bass, walleye, black crappie, sunfish, and carp — with the occasional northern pike or channel catfish turning up too. It's one of the few lakes nearby where a family can chase trout in the morning and bass by afternoon without moving the truck.
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that this is more than a neighborhood with attractive homes tucked into the ponderosa pines.




Looking at the spring and early summer real estate market in the White Mountains of Arizona, it’s important to understand the current dynamics affecting this busy season. Recently we’ve observed a limited housing supply, a competitive market for buyers. But now, there's an uptick in inventory due to higher interest rates. And higher rates are likely to remain. Here in the White Mountains of Arizona, we have not seen a concommittant reduction in prices. Ours is a unique market, one of the most beautiful and temperate areas in Arizona. Our real estate prices are always a bit high! So higher inventory along with higher interest rates do make for an interesting Spring/Summer market. So, what can savvy buyers do?