There is fishing access to the Conejos River and Spectacle Lake. The lake is year round, with winter ice-fishing. Spectacle Lake Trail 730 begins 1/2 mile south on Forest Road 250. Ruybalid Trail 855 and Notch Trail 729 are also accessible.
We camped here in June and had the place to ourselves. We snagged a spot right on the river and spent a couple of nights. While there isn't any serious hiking from the campground, just up the road was one of the best we've seen. Great views and gentle climb in a valley with great views.
The sites are typical of a Forest Service campground, spread out with plenty of room. This campground is best suited for campers under 30'. The road in was terrible washboards. Take your time.
Expect sudden swings in the weather and beer-can-label levels of mountain majesty. Stayed here as a teenager and still remember it vividly and fondly.