Due to its height, position in the midst of glaciers, and 20 meter deep waters, Lake Chatyr Kul is frozen over for a majority of the year. There are no fish in the lake, but it does house some freshwater shrimp.
The land immediately surrounding the lake is a bit swampy. Near the western edge of the lake there is an old mausoleum. Also, there are some hot springs nearby.
Lake Chatyr Kul resides in the Karatal-Zhapyryk National Wildlife Refuge. Its shores are the natural habitat of various species of wildlife: mountain geese and goats, marmots, and the endangered snow leopard to name a few.