It is a local hotspot for fishing. It is known for its Bass, Bluegill, Perch, Pike, Lake sunfish, and Walleye. There is a public dock used for launching boats on the eastern shore of the lake.
The Recreation Area is a park for people of all ages, and is located northeast of the lake. Holiday Park Campground is a large private campground on the southern end of the lake, just off of US 31. It has boat access and has RV camping lots surrounding the lake. Annually, there are regattas and fishing competitions on the lake.
Until sometime in the early 1900s, Blair Township was apparently known as “Silver Lake Township”
In 1965, the Improvement Association was established to promote the care and preservation of the Lake.
In 1987, the Grand Traverse County Drain Commission installed a high water outflow dam at Kevwitch Cove (the southernmost end of the lake), which was at the beginning of Beitner Creek.