Prospect Lake, situated in El Paso County, Colorado Springs, is a significant water resource managed by the local government for recreational and irrigation purposes. This earth dam, completed in 1954, stands at a height of 32 feet and spans 690 feet in length, holding a maximum storage capacity of 615 acre-feet. The lake covers a surface area of 51 acres and is fed by the Fountain Creek-OS stream.

With a spillway width of 150 feet and a maximum discharge of 429 cubic feet per second, Prospect Lake is equipped to handle significant water flow and maintain its structural integrity. Despite being assessed as in fair condition, the dam has a hazard potential deemed significant, prompting inspections every two years to ensure its safety. While the risk assessment categorizes the lake as having a moderate risk level, measures for risk management and emergency preparedness are not explicitly outlined.

Enthusiasts of water resources and climate will find Prospect Lake to be a notable site in Colorado, where the dam's history and operational capacity offer valuable insights into water management practices. As a key recreational spot in the region, the lake serves both local residents and visitors while contributing to the irrigation needs of the surrounding area. Its strategic location and design, coupled with periodic inspections and maintenance, underscore the importance of sustainable water resource management in the face of changing climatic conditions.