Cougar Bay is a conservation effort, with the Nature Conservancy and the BLM contributing two almost-adjacent parcels of land. The area is particularly well-known for a large variety of waterfowl, nesting ospreys, beaver, and otters. The trail winds 3+ miles along a wetland and through forest to a lookout platform with views of Coeur d’Alene, the lake, and the Spokane river.