Laguna Azul sits on the east side of Torres del Paine National Park in the Magallanes and Chilean Antarctica Region, and it serves as one of four official entrance points to the park. Its position on the eastern flank provides some of the most direct views of the iconic Torres del Paine towers, making it a visually striking destination. The park as a whole supports kayaking among its range of permitted activities, and the lake's relatively accessible location on the eastern edge of the park makes it a practical starting point for exploring this part of Patagonia.

The area is administered by CONAF in collaboration with Eco Camp, and a staffed facility on site includes toilets, showers, benches, and a covered dining area where visitors can prepare and eat meals. The site is always attended by personnel. Camping is not permitted at Laguna Azul; however, self-contained campers with their own toilet facilities may be allowed to stay with prior authorization from CONAF, obtainable either at the CONAF office in Puerto Natales or at the Laguna Azul administration on arrival.

The surrounding landscape supports a wide range of wildlife, including pumas, guanacos, and foxes, as well as more than 100 bird species such as condors, caiquenes, austral parakeets, and Magellanic woodpeckers. From Laguna Azul, a day hike of approximately 10 kilometers leads to Laguna Cebolla, offering an option for those combining paddling with overland exploration. The park's altitude ranges from 200 to 3,050 meters across its 242,242 hectares, and Patagonian weather in this region is characteristically variable and can be severe, which is a standard consideration for any outdoor activity here regardless of season.