The shoreline of Lake Wyola is 80% developed with year-round homes and summer cottages. Swimming, boating, and fishing are all popular activities on Lake Wyola.

The town of Shutesbury manages a gravel ramp and adjacent parking area suitable for 5 trailers within the Lake Wyola Conservation Area off of Locke’s Pond Road on the southeastern corner of the pond. The shore may be accessed within this conservation area as well as from the public beach within Lake Wyola State Park on the northwestern shore. ​​