McKeahnie was renowned for his risky riding, and was eventually killed in a horse race over the Bredbo bridge.
One of the earliest settlers in the Bredbo district, John Cosgrove of Billilingera, was believed to be the largest landholder in southern New South Wales.
The village hosts a number of small businesses and eateries, including the historic Bredbo Inn, which offers contemporary bistro fare, accommodation and free camping, and The Bredbo Pie Shop, providing daily pies, coffee, pastries and regional produce.
These include the children's label Milli and Max; artist Lucy Culliton; and Canberra-region design collective, The Lost and Found Office.
Post is delivered residents on Monday, Wednesday and Friday with a parcel collection service run by the Bredbo Community Association.
National Broadband Network provides Fixed Wireless Internet connectivity to the Village while phone infrastructure is managed by Telstra.
Bredbo also has a community hall, tennis and basketball courts, village green, cemetery, war memorial and recreation ground.
Religious services are offered through St Bartholomew's Anglican Church, which is located high on a hill with views overlooking the town.