Mashpee-Wakeby Ponds are two connected Great Ponds generally considered to be one large body of water covering 737 acres. Wakeby Pond is the northern basin and Mashpee Pond is the southern basin. The ponds are fed by groundwater and drain to the Mashpee River. The 5.9 miles of shoreline is heavily developed with houses, town beaches, and summer camps. A large undeveloped peninsula (Lowell Holly reservation, managed by the Trustees of Reservations) separates the two ponds, and three undeveloped islands (Jefferson, Keith, and Cleveland) are found in Wakeby Pond.

A large paved boat ramp with a 30-vehicle parking lot is managed by the town of Mashpee. It is located on Fisherman’s Landing Road, to the north of MA-130, just after its intersection with Great Neck Road. During the summer months, the town of Mashpee collects a parking fee to help defer maintenance costs.