Yes, there are many hot springs (onsen) nearby. Hakuba Village is famous for having interesting hot springs with six different sources such as Hakuba Shionomichi Onsen which was confined in fossa magna for over 25 million years and has water that changes into dark brown when exposed to air, and the Hakuba Happo Onsen which is a natural hydrogen hot spring. Visiting different hot springs will surely blow away your everyday fatigue. For details, please check out this page.