Guppy Falls is typical of many of the small feeder streams in the Finger Lakes area. The bedrock is shale, and the stream flow is very dependent upon rainfall. The falls itself is roughly 20 ft high, sloping over slippery shale, with a slightly overhanging segment at the top. There are many small flumes and cascades along the way to the Guppy Falls that make good photo opportunities as well.

You can also choose to creek walk up from the road to the falls, which is more difficult but provides you with access to numerous smaller cascades along the way.

According to local records, the land was purchased by the military so that soldiers stationed at the local bases and armory, such as Hancock Field, would have a place for recreation, camping, and even partying. When the military stopped using the area, it became known as a popular place for high-schoolers to hang out on weekend nights.

Having issues with late night underage activities, the Town of Skaneateles purchased the land, as well as some surrounding acreage, and created the Skaneateles Conservation Area. Over the years, trails have been created, picnic benches put in, and a nice pavilion and parking area were constructed near the northern end of the park. Families come to picnic here or fish in one of the many small ponds in the area.

The area is a multi-use area – with some small scale logging and hunting allowed during hunting season. It is advisable for hikers to be aware that hunters may be on the land during May and in November and December.

New Hope Mills, open Spring through Fall, is located to the south, west of the Lake. The mill makes flour mixes, including a variety of pancake blends.