The pond has been something of a nature reserve for birds, animals, fish and shellfish.

The pond is a habitat for various waterbirds and a resting stop for migrating birds.

Miyashima Pond is also called Hiyashi Pond after a legend that a woman named Hiyashagozen heard a prophecy of her death and drowned herself here to stop a drought. It is believed that before her sacrifice, she was weaving. To this day, people say that on rainy nights the sound of her weaving can be heard.

The lake is also a site for cherry-blossoms. In April, the magnificent harmony of blossoms and Mt Ibuki can be seen reflected in the lake.