Tiscapa Lagoon is a small, deep lake in a volcanic crater right in the middle of Managua. The reserve covers about 12 hectares and the crater rim gives one of the best panoramic views of the city and Lake Managua beyond. On a clear day you can see the volcanoes Momotombo and Mombacho on the horizon.
The reserve has a small canopy tour (zip-line) that crosses the lagoon at height — a quick adrenaline hit with a good view. There are walking trails around the rim, and an outdoor restaurant operates on weekends. The famous silhouette of Sandino on a pole at the hilltop is a Managua icon, particularly striking against sunsets. The entrance fee is low, and the site is well maintained and easy to reach from the Bolonia neighbourhood.