The village is built around a tarn and a village green, and Henry Armer & Son, a smithy established in 1914 that has since become an agricultural engineering business.
Leece used to contain the United Methodist Free Church. It was founded in 1881, but closed in 1912. The building, which was taken down in the late 1920s, can still be seen on some photographs from the period. The church did not have a cemetery. St. Matthew's Church, in the hamlet of Dendron, built in 1642, also served the village, as both a church and a school. It was funded by Robert Dickinson, a citizen of London, who had formerly lived in Leece.
In the 1990s and 2000s, Leece played a part in the Lady in the Lake murder trial. Gordon Park, a resident of Leece, bludgeoned his 30-year-old wife Carol to death with an ice axe, then dumped her body in Coniston Water, telling police investigating her disappearance that she had left their home for another man.
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