Ruidoso is a village in Lincoln County, New Mexico, United States, adjacent to the Lincoln National Forest. The population was 8,029 at the 2010 census. The city of Ruidoso Downs and the unincorporated area of Alto are suburbs of Ruidoso, and contribute to the Ruidoso Micropolitan Statistical Area's population of 21,223.

Bring a picnic, cast for fish, paddle a boat, cycle, horseback ride, or explore on foot via multi-use trails at two cool, clear alpine reservoirs in Ruidoso that will keep you coming back.

Alto Lake presents a spectacular scenic view. The lake is stocked with catfish throughout the year. Fishing is permitted from dawn to dusk year-round. A New Mexico fishing license is a requirement for those 12 years of age and older. In addition, Alto Lake is one of two fishing locations in and around Ruidoso which allow for non-motorized boats to be used. Boat Permits are a requirement. As a result, boat permits are available online or in person at the Parks & Recreation office located at 535 Resort Drive, Ruidoso, NM.

Grindstone Lake is frequented by various wildlife such as black bears, mule deer, elk, blue heron, Osprey’s, and the occasional Bald or Golden Eagle. The most common of the visitors is the Osprey which can be seen diving into the lake in the spring or fall on their migration across the country. A viewing area has been dedicated to viewing these wondrous birds and their acrobatic feeding routine.

The lake is regularly stocked with rainbow trout, and on occasion catfish and smallmouth bass. Anglers love this lake due to the fact that it is one of two public waters in the area in which you can put a non-motorized boat. Due to it being one of few lakes in the region, the shoreline can get fished pretty heavily especially around holiday weekends. You can escape the crowds by hopping in your watercraft and getting to the honey holes.