Dollar Lake is a pristine alpine lake hidden in the high country of Gunnison County, Colorado, accessible by a short but rewarding hike through subalpine forest and wildflower meadows. Perched at approximately 11,400 feet in elevation near the headwaters of the East River drainage, the lake sits in a glacially carved cirque beneath craggy ridgelines that hold snow well into summer. The setting is classic Colorado high country: dark spruce-fir forest giving way to open tundra, with columbine, Indian paintbrush, and marsh marigold lining the trail during July and August.
The hike to Dollar Lake is relatively short, making it accessible to hikers of moderate fitness without requiring an all-day commitment. The trail gains elevation steadily through forest before opening up to the lake basin, where the clear, cold water reflects the surrounding peaks on calm days. Visitors consistently describe the lake as uncrowded, a welcome change from the heavily trafficked trails near Crested Butte and Aspen.
Fishing at Dollar Lake can be productive for anglers willing to pack in lightweight gear. The lake supports a population of cutthroat trout that feed actively during the short summer season. Fly fishing with small dry flies and nymphs tends to produce the best results, particularly in the early morning and evening hours when the surface is calm.
The Gunnison County backcountry surrounding Dollar Lake is some of the most scenic in Colorado. The lake makes an excellent standalone day hike or a stop along a longer route through the high basins above the East River valley. Crested Butte, located to the southwest, serves as the nearest base for supplies, dining, and lodging. Dollar Lake is best visited from late June through September, when the trail is snow-free and the wildflower bloom transforms the meadows into a tapestry of color.