If you want a perfect time in the great outdoors, just come on down to Medco Pond. Dailey Dam is a stunning place near Medco Pond, and the Dead Soldier Trail offers hiking at its best. Just can't get enough of the Southern Cascade Range. There's some flowing water nearby, Crane Creek is a stream you can go to while you're here. Hiking is a popular thing to do around Medco Pond; Ginkgo Trail is a nice local trail. Lakes? Sure, Lost Creek Lake is in the vicinity.
There's so much to do here at Medco Pond that you need to camp here for a while, Mountain Home Mobile Village is a perfect location for that.