Lake Coldwater is the only city, county, or state lake in southwest Kansas that permits water-related sports. It is a 250 acre man-made lake in a 930 acre park within the Coldwater City limits.

Utilized by people from a large area of Kansas and Oklahoma, the lake provides ample facilities and opportunities for boating, swimming, fishing, and camping. Those with campers and trailers will find adequate campsites with water and electric hookups, as well as sanitary facilities at various points around the lake. Other camping and picnic areas have been built within the park, with more being added each year.

Fisherman come to try their luck with the ever-elusive wipers and catfish. The lake is owned and operated by the City of Coldwater. Annual fish stocking is handled by the Kansas Wildlife and Parks Commission.