The lake is stocked with rainbow trout, channel catfish, and largemouth bass, making it a great spot for fishing enthusiasts. Visitors can also enjoy boating, hiking, and bird watching in the surrounding area. Fishing tips include using live bait or lures and fishing near underwater structures. The best time to visit is in the spring or fall when temperatures range from 50-70°F. Overall, Colby Villa High Lake Fishing Area is a great destination for outdoor activities and fishing.