Schlieper Bay was named between 1905 and 1912 after the director of the Compañía Argentina de Pesca.
British scientists aboard the Undine visited the bay in 1911, while surveying South Georgia's coast.
After rat eradication efforts were carried out in the Schlieper Bay scientists found a nest of South Georgia pipits, with five chicks.
During the Falklands War (1982), the British magistrate and other civilians and military present in Grytviken were removed from South Georgia, but another 15 Britons remained beyond Argentine reach.
The losses suffered at Grytviken prevented Argentina from occupying the rest of the island, with Schlieper Bay, along with Bird Island base and field camps at Lyell Glacier and St. Andrews Bay, remaining under British control.