[4] The lake is suitable for swimming, fishing and small watercraft including paddleboards, kayaks, smaller power-boats, pontoons and sailboats.

In 2021 the land was acquired by the Otter Tail Water Management District (OTWMD) with funds donated by local property owners to ensure that it remain available for recreational purposes in perpetuity.

Before 2021, the land was owned by the Minnesota Department of Natural Resources and known as the Lake Blanche Wildlife Management Area.

James G. Craigie, a Scottish immigrant, bought a portion of Lake Blanche's north shore in 1868 from the United States Government.

He added this to nearby property he previously settled in 1861 that he named Balmoral and where he built a dam and flour mill.

[12] In 1910 tragedy struck Lake Blanche when two young people, Gladys Wiswell and Frank Kingsley Jr., drowned.