Urban reservoirs are frequently exposed to impacts from high population density, polluting activities, and the absence of environmental control measures and monitoring. In this study, we investigated the use of satellite imagery to assess restoration measures and support decision-making in a hypereutrophic urban reservoir. Since 2016, Lake Pampulha (Brazil) has undergone restoration measures, including the application of Phoslock®, to mitigate its poor water quality conditions. Satellite images from Landsat-8 (L8) and Sentinel-2 (S2) and historical monitoring data were used to estimate total suspended matter (TSM), chlorophyll-a (Chla), and Secchi disk depth (SDD). We explored both established models from existing literature and novel alternatives, the latter employing machine learning approaches. Model performance was assessed through the coefficient of determination (R