Panther Bay Recreational Area features two boat launch ramps with courtesy docks, making it a well-developed access point in the central portion of Norfork Lake near Henderson, Arkansas.

The facility includes a swimming beach, picnic areas, group shelters, playground, and a wooded campground with some sites offering electricity, plus showers and sanitary dump station.

One boat launch ramp operates year-round, with the trailhead for David's Trail located in the day-use area.