[4] Although Snarestone is a Leicestershire village it has a Derby postcode and is 3 miles (5 km) from the county boundary of North Warwickshire.

Snarestone's amenities include two public houses, a primary school, a church, a blacksmiths, an antique reclamation yard, an allotment, a post box and a traditional red telephone kiosk.

The village is served by an ADSL enabled telephone exchange that is capable of providing broadband access to the internet at speeds of up to 80 Mbit/s.

Refuse and recycling collections take place on a bi-weekly rota and a mobile public library makes regular stops in the village on alternate Fridays.

The area to the south of Snarestone is Crown Estate land and belongs to (but is not the private property of) the British Monarch.

There is also a bus from Measham to Fenny Drayton which runs through Snarestone and provides connections to Shackerstone, Atherstone and Twycross.

There was at one time interest expressed to reopen a new station at Snarestone on the Battlefield Line to serve Measham and the newly restored Ashby Canal.

A stretch of the canal between Snarestone and Carlton has been designated a Site of Special Scientific Interest (SSSI), mainly because of the aquatic plant life and varieties of dragonfly attracted to the area.

In 2005, the Government approved plans to restore a 2.5-mile (4.0 km) stretch of the canal to provide Snarestone with a green route into the heart of the National Forest.

In the Spring and Autumn the residents of Snarestone often race rubber ducks on a nearby stream to raise funds for village improvements.

Most years the villagers also organise a summer fete with street parades and various entertainments (the last one took place in 2007).

Other nearby attractions include Twycross Zoo, Ashby de la Zouch Castle, Conkers Visitor Centre, Snibston Discovery Park, Bosworth Battlefield, Ashby Woulds Heritage Trail, the National Forest and a railway preservation society (The Battlefield Line) that has its own rolling stock, museum and track.

The estate was partitioned in 1796, and half came to Charles Powell Leslie II via his wife Anne (née Ryder).

Although the Heritage Battlefield Line hopes to one day (though eventually) extend their services towards Snarestone within the near future, (Even though a new site maybe required as part of this plan).

The neighbouring village of Newton Burgoland also claims to have the oldest public house in Leicestershire (The Belper Arms) which was built circa 1290.