Laguna El Naranjal is located just outside the small community of El Naranjal. It's an artificial lake created for recreation and has recently received improvement monies from the Federal Government. Camp sites have a grill, there are public bathrooms every day. On weekends and holidays there will be restaurants, a store, rentals and a Zip Line.
Easiest way to get there is pass through Comala and continue up the hill until you reach the Laguna de Carrizalillo turnoff to the right. El Naranjal is 3-4 kilometers past Carrizalillo which is basically the end of the road. Some of the best Volcano views around.