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Lake Ponderosa is a private residential lake located 8 miles south of Interstate 80 exit 191 and three miles west of Montezuma. The 440-acres of wooded landscape and seven miles of shoreline offer a beautiful setting for 700 homes. There are two lakes, the East Lake and the West Lake for you to enjoy fishing and boating. The lake association sponsors the area’s Fourth of July fireworks display as well as many other events. Lake Ponderosa is well stocked with Bass, Catfish, Blue Gills, Crappies and Walleye.