Waneta Lake is 3.5 miles long (north-to-south) and half a mile wide (east-to-west), and lies just east of the southern branch of Keuka Lake.

Fish species present in the lake include chain pickerel, largemouth bass, smallmouth bass, muskellunge, common sunfish, bluegill, rock bass, black crappie, yellow perch, brown bullhead, carp, common sucker, chub sucker, and killfish.

There is access via concrete ramp, located off County Route 23.

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