At elevation 5,500 ft (1,700 m), several smaller streams also flow into the lake, and it receives water from the tunnels of Southern California Edison's Big Creek Hydroelectric Project.

The 180-foot (55 m) dam was built in 50-foot (15 m) blocks, with a keyway to hold it in place and a 30-inch (76 cm) copper sheet to make it watertight.

[4] On August 13, 1943, Grace Craycroft (née Shaver), the daughter of pioneer lumberman Charles B. Shaver after whom the lake and town is named, drowned after suffering from a heart attack whilst attempting to save a 12-year-old boy from drowning.

[5] The lake was also the filming location of the HBO Max reality show Karma during the summer of 2019.

The camp's facilities include canoeing, sailing, row boats, kayaking, swimming, hiking, rifle shooting, shotgun, archery, horse riding, rock wall, zip lining, fishing, crafts, and many other activities.