The lake itself, which has a historic boardwalk, marina and yacht club, is popular with boaters, waterskiers and anglers and anyone wanting to stay on or near the water. Each summer, the town hosts the Grand Lake Regatta and Lipton Cup Races.
In winter, local sports aficionados put away their boats and crank up their snowmobiles. Streets are left packed with snow to accommodate the hundreds of snowmobilers who converge on the town during the winter months, and a vast system of snowmobile trails and the ability to ride right through town keep them coming back.
Broadway makes its way to the town's impressive Rocky Mountain Repertory Theater and a full calendar of events keeps visitors busy throughout the year.