Lily Bay State Park offers two trailerable boat launch sites with boat slips at Dunn Point and Rowell Cove, providing convenient access to Moosehead Lake for both motorized and non-motorized watercraft.

The park features 90 campsites (38 waterfront), a swimming beach, picnic areas, hot showers, and a 2-mile shoreline walking trail.

Boaters should exercise caution on the large open water as winds can arise suddenly; small watercraft are recommended to stay close to shorelines.