The highest regions of the volcano is home to a cloud forest and dwarf forest, which contains flora and fauna that are endemic purely to the volcano. An increasingly popular tourist attraction, the volcano has fantastic views of Lake Nicaragua and the city of Granada. The volcano also has two hiking trails, a moderate one that circles the main crater, and another more difficult trail (El Puma), which must be led by a guide. The more difficult trail is the only way to see some features such as the dwarf forest. The trail is almost completely 45 degree inclines and declines for about two miles.
There are more than 700 different plants registered around Mombacho. Included are many species of orchids.