My wife and I stayed at Koala Bungalows for three nights. We enjoyed the hikes around the volcano crater lake and nearby streams. I am a birder and there were great birds here including Black-throated Magpie Jay and Elegant Euphonia. The climate (in March) seemed ideal, highs in the upper 70's to 80 and lows in the 60's. The lake was clean and fresh not salty, great for swimming and kayaking as it is nearly always smooth surfaced.
We bought food from the local market as the restaurants, which there are many open-air ones around the lake, were almost all closed after 5:00PM. It seems that this is a lunch/day trip destination from Tepic so the restaurants mostly only do lunch. Other than that inconvenience this was a wonderful place to unwind and enjoy. We especially liked hearing people (the customers!) singing at the restaurants.
At the south end of the lake is a small park with a rocky cliff and rope swings that my boys enjoyed.
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