Ha ha.. yeah, Lola Montez was a dancer who lived in Grass Valley for a time. She's semi famous I guess. The lakes are named for her. It was funny, we could see the lower lake from the cliff above, it looked amazing and we thought it would be great to get to it. So we parked at that lake, and climbed down that cliff down to the lower lake. It was a HELL of a climb down. Really sketchy. We were super excited though, going to go to this awesome lake, no one ever goes to because it's so hard to get down to. We get down there, and there are a couple of older women (60's) and a few young kids running around... uhh... what the heck! There was a hiking trail from highway 80 down to the lower lake and easy to get to. DOH!
Totally worth a side trip, it's a pretty rough road in, but not terrible. For sure 4x4 for the drive down to the lake, it's steep and loose, but not hard... just need that front axle when it gets dusty and loose. Fordyce lake, and Signal Peak are both in the area and very cool to check out too.