Gypsy Bay Park offers 14 acres of open field with approximately 1,000 feet of shoreline on the south end of Cazenovia Lake, featuring hand-launch access for small watercraft and a small dock for fishing.

The park includes a gravel parking lot (20 cars), port-a-potties (seasonal), and is free to access during dawn to dusk hours.

Located on US-20 west of the village, this is one of the few public areas with dedicated fishing space and boat launch capability on the lake.