Lily Lake is located within the city limits of Stillwater, Minnesota.
Northern Pike: average abundance, average size.
Largemouth Bass: average abundance, average size.
Bluegill: above average abundance, below average size.
Yellow Perch: low abundance, small size.
The city of Stillwater maintains a boat access on the east shore of the lake. The access is located on Greeley Street 0.75 miles north of Highway 36. Local surface water use regulations prohibit the use of motors, including electrics.
The city maintains a fishing pier adjacent to the boat access. In addition, much of the south shore of the lake is in public ownership. Anglers may fish between the boat access/fishing pier site and the public beach. Shore fishing may be limited by overhanging trees and aquatic vegetation.
Lily Lake has a recent history of poor water quality. The Middle St. Croix Watershed Managment Organization has been working on retrofit projects since 2011 to improve the water quality of Lily Lake. Fishing is limited by the very small size of Bluegill present and the low abundance of predator fish.