Fortune Pond is a self-contained flooded mine pit with no significant inflows or outflows. It sits in Iron County's Paint River watershed near Crystal Falls but is essentially an isolated basin — its water level and clarity are driven by groundwater seeping through the old mine works.
Despite its extreme depth, Fortune Pond's small surface area means it likely freezes in winter, though the steep drop-offs and depth could create variable ice thickness. No reviews mention ice fishing specifically — always check conditions carefully on deep pit lakes like this.
How deep is Fortune Pond?
Can you scuba dive in Fortune Pond?
Is there a boat launch at Fortune Pond?
Where is Fortune Pond?
Can you swim in Fortune Pond?
Is Fortune Pond a natural lake?
Are there campgrounds near Fortune Pond?
Is there a walking trail at Fortune Pond?
Is there a fee to use Fortune Pond?
Fortune Pond is a flooded former mining operation near Crystal Falls in Iron County — and it's one of the more unusual bodies of water in the UP. Despite being called a "pond," it's exceptionally deep, with divers reporting depths of 100 feet or more and water clarity around 50 feet of visibility. The steep-sided pit lake shines a brilliant blue thanks to that clarity and depth, making it a draw for scuba divers as much as anglers. Rainbow trout are stocked here and visible in the clear water, though catching them is another matter — reviews suggest patience and timing are everything.
The site is well set up for a day visit: there's a wheelchair-accessible fishing pier, a vault toilet (not wheelchair accessible), and a walking trail that loops the entire pond. It sits right off the 16 offroad trail, so it's easy to pair with ATV riding. The single launch handles small boats — this is a carry-in or small craft spot, not a place for big rigs. Bewabic State Park and several other campgrounds are nearby if you want to make a weekend of it. At 4.7 stars from 15 reviews, people genuinely love this place — just watch out for the red ants.