The Fools Hollow Lake Recreation Area was created by a private/public partnership in 1988, with construction beginning in the fall of 1991. The 140 acre, U-shaped lake contains trout, smallmouth and largemouth bass, catfish, northern pike, bluegill, and a few walleye. Ponderosa pines and junipers surround the cool waters at an elevation of 6,300 feet. East and west shores have boat ramps and there's a fish-cleaning station. Boaters can use motors up to eight horsepower.

The 850-acre recreation area surrounding the lake and includes the campground, which fills on many summer weekends, has 92 recreational vehicle/camper hook ups, 31 developed tent sites, five shower buildings with restroom facilities, two handicapped fishing piers and a contact station. Camping fees run $10 tent or RV with no hookups, $17 at sites with hookups.

In addition, a fully functional sanitary dump station, a fish cleaning station and several tot lots are available to visitors within the project. Plans in progress include group campgrounds, nature center, amphitheater, two large grassy playing fields, picnic ramadas, hiking trails and playgrounds.

Adjacent to the Fools Hollow Lake Recreation Area, in its planning stages, is the Show Low Creek Trail, which will provide short and eventually long-distance recreational opportunities for the hiker, equestrian, mountain bicyclist, bird watcher, backpacker, jogger and sightseer.

The trail will connect centrally located employment areas, neighborhoods, Show Low Primary School and Show Low High School to Fools Hollow Lake Recreation and Pintail Lake Wildlife Area. A riparian environmental area and the Pintail Lake Wildlife Viewing Area provide outdoor classroom opportunities for students from nearby schools.