I'm at the Village at Lake Las Vegas at least twice a year. Once for the Brew Best Beer Fest in Spring, and again for their Beer Fest in the Fall. The Village is also a great place to do photoshoots with the nearby lake, chapel on the bridge, and waterfall. There are shops, restaurants, and a few casino properties nearby too that make it a nice destination to escape Vegas without having to drive too far.
During the past year restaurants and shops have re-opened, and so has the Montelago Casino. The lake still hosts boat races, winter ice skating, music at the lake; there are plenty of reasons to make the trek to the Village throughout the year. The place will most likely be empty without an event, so be sure to visit while there is something going on.