The lake is located approximately 1500 meters above sea level, within the Yatsugatake-Chushin Kogen Quasi-National Park, in Chino city, Nagano prefecture. It used to be an artificial reservoir for agricultural use. Today, you can find hotels, golf courses, and a ski resort around the lake. The area is well known as being one of the main resort spots in Nagano. You can enjoy the resort spots around Lake Shirakaba during all four seasons. From spring through summer flowers bloom everywhere. Even in summer the climate is mild and cool so you can enjoy strolling by the lake. Fishing, canoeing, and boating on the lake is available. Many people also stay in the resort to enjoy golfing and playing tennis at a nearby golf course and tennis courts. A large fireworks show is held in August. In autumn, you can enjoy red and yellow leaves of the trees. During winter, you can enjoy winter sports such as skiing and snowboarding at the ski resort. The Tateshina Teddy Bear Museum is located by Lake Shirakaba. The area has many facilities you can visit throughout the year. There are also major sightseeing spots including Yatsugatake, Tateshina, Kirigamine, and Lake Megami around Lake Shirakaba.