There are 6 large beautiful lakes near Twizel, Lake Tekapo, Lake Pukaki, Lake Ohau, Lake Benmore, Lake Aviemore, and Lake Ruataniwha as well as the smaller Loch Cameron and Lake Poaka and Lake Middleton. Each offers a distinctive experience depending on whether you choose to encounter them from on land or on the water itself. Each offers activities such as swimming, walking, fishing, cycling, shady picnic spots, and more.
Late February to March/April experience the Sockeye salmon spawning in the Fraser Stream across the road from Matuka Lodge an amazing sight.
There are also a number of rivers close by including the Twizel River (access from Glen Lyon Road opposite Nuns Veil Road), Fraser River, Ohau River, Hopkins River, and Tasman River.