The park is located at the Lost Creek Reservoir and is currently under development.

It is anticipated to include "modern campgrounds, restrooms, entrance, and trailheads".

As of September 2021[update], "all areas of this park remain in an extremely primitive state".

[3][4] However, there are vault toilets at several locations and a concrete boat ramp on the south side of the Trail Creek/Francis Canyon[5] (southern) arm of the reservoir.

[8][9] However, it appears that years prior to the establishment of the current park, there existed either a former Lost Creek State Park (at the same reservoir) or there were well developed plans for the same, since the Lost Creek State Park appeared on United States Geological Survey (USGS) maps as early as 1991.