The dam and reservoir are maintained and operated by the Tennessee Valley Authority (TVA).

[1] Boone Lake may house one of the smaller lakes that the state has to offer, but the lakefront real estate packs a southern punch - with the average cost of shorefront property sitting at a cool $1.37 million according to a 2020 study.

At the time of the study, the dam repair was still underway; greatly reducing the accessibility, aesthetics and shoreline of the lake.

Recreational facilities on the lake include a swimming area and a boat ramp.

[4] There are precautionary fish consumption advisories for catfish and carp due to PCB and chlordane concentrations.