Lake Wawasee has a long history extending from the Pleistocene epoch, arrival of early settlers, and its growth from the 19th century through today.

[3] Known geographic place names around Wawasee: Black's Point, Black Stump Point, Jones Landing, Willow Grove, Pickwick Park, Kale Island, Oakwood, Lakeview-South Park, Ogden's Island, Sand Point, Johnson's Bay, Buttermilk Bay, Vawter Park, Ideal Beach, Waveland Beach, Conkling Hill, Morrison's Island, and Natti Crow Beach.

[6] Crow's Bay is located on Wawasee's eastern shore and between Cedar Point to the north and Morrison's Island to the south.

Johnson's Bay is, for the most part, barren of lakeside homes as its northern, northeastern, and northwestern sections are cat tailed marsh.

Cedar Point affords a break from north winds and lacks the heavy boat traffic found on much of the lake.

The main channel is not officially part of Lake Wawasee but does perform as an outlet for water heading north.

During the summer season, the club is home to four competitive one-design fleets: 28-foot E-Scow, 19-foot Lightning (dinghy), 20-foot I-20 Scow, and 13-foot Sunfish (sailboat) class boats.

Lake Papakeechie, sitting a few feet higher in elevation, provides a vast amount of water from a spillway at Buttermilk Bay at Wawasee's south end.

One of the most active organizations involved in wetland and water quality protection is the Wawasee Area Conservancy Foundation (WACF).

The WACF was formed in 1991 to anticipate, discover, and correct threats to the Wawasee Area Watershed and to its water quality.

The WACF is dedicated to the preservation and enhancement of the area and works hand-in-hand with property owner groups, the State Department of Natural Resources and other governmental and civic organizations that share its concerns.

One ongoing battle concerning preservation involves a local farmer who has a permit to open a hog farm in the area.

This is, in part, due to its location just a few miles from a continental divide that separates water that runs off to the Mississippi River basin and Lake Michigan.

[17] Since 1991, invasive zebra mussels have been found in Lake Wawasee and have become a nuisance to the local marinas, fishermen, and property owners.