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Carter Lake is located on 18E approximately fifteen minutes from Loveland. Carter Lake homes range due to variety and location in this mountainous region. Many homes are on quarter acre lots up to thirty five acres plus with many of the larger lots residing directly on the lake. Carter Lake does allow motor boats and water skiing and fishing is fantastic. To the west of Carter Lake is vast expanses of open space that homeowners can easily access. Schools are Big Thompson Elementary School, Clark Middle School and Thompson Valley High School.