Italian Lake District
 

I'm wondering if there are lifts and hiking trails in the hills/mountains around Lake Maggiore

There is a cable car in Stresa.

There are hundreds of kms of panoramic hiking trails.
Gondolas:
Stresa - Mottarone
Laveno - Sasso del Ferro
Miglieglia - Monte Lema
Piero - Monteviasco
Locarno - Orselina - Cardada - Cimetta
Verdasio - Rasa
Verdasio - Comino
Intragna - Costa - Pila
Monte Carasso - Mornera
Rivera - Alpe Foppa

Bus lines to villages above the lake:
Arona - Colazza/Nebbiuno
Stresa - Gignese - Armeno
Intra - Premeno - Piancavallo
Intra - Aurano
Intra - Miazzina
Cannero - Trarego
Cannobio - Spoccia - Orasso - Finero
Brissago - Porta
Locarno - Ronco sopra Ascona
Locarno - Mergoscia
San Nazzaro - Corte di Neggia - Indemini
Maccagno - Biegno
Luino - Curiglia
Luino - Agra
Luino - Brezzo di Bedero

Thanks so much - Neckervd you've given me the information I was looking for, I think it's time to plan a trip.
Cheers\t