Lake Panorama Dam in Panora, Iowa, is a privately owned structure that serves multiple purposes, including recreation and water supply. Completed in 1969, this earth dam stands at a height of 70 feet and has a storage capacity of 60,200 acre-feet, with a normal storage level of 19,700 acre-feet. The dam, located on the Middle Raccoon River, covers a surface area of 1,260 acres and has a drainage area of 440 square miles.

With a significant hazard potential and a satisfactory condition assessment as of the last inspection in May 2017, Lake Panorama Dam is regulated by the Iowa Department of Natural Resources. The dam features an uncontrolled spillway with a width of 100 feet, and it is designed to manage potential risks and emergencies, although specific emergency action plans and inundation maps were not reported as of the last update in April 2021. Despite moderate risk levels, the dam continues to provide essential services to the community while maintaining a balance between recreational activities and water supply management in the area.