Elk Lake has a picturesque setting, with the Three Sisters toweringover the north end of the lake and Mt. Bachelor dominating the eastern horizon. It is not a rich lake but is so transparent you can see the bottom clearly from any location on the surface. The kokanee are commonly 7 to 10 inches in length, not large but abundant, make excellent eating because of the cold water. These fish are mainly found at the south end of the lake near the lava flow where it is the deepest part and few kokanee are caught elsewhere on the lake. Night crawlers, eggs, and periwinkles; still fishing, wind drifting, and jigging. The water level at Elk Lake can fluctuate as much as 15 feet through the year, but the boat ramps remain usable. There are no obstacles to boating on the lake, and the few weed beds stay pretty short.
Motorized and non-motorized boats are allowed on this body of water.