Wild Bight was once named Larkin's Bight, and once was the home of Leah Layden's Paint Mine. This was located on Gull Cove Hill. The mine produced a substance that locals used to paint their houses with. The chemical constituents of the paint were mixed with cod or seal oil, subsequently making a spreadable kind of "pug". The paint mine has since been lost as it was buried in by a landfill.

There are various freshwater streams located throughout the community, and one has created a "Boiling Hole". The swirling area of fresh water is warmer than salt water thereby producing an area that does not freeze during winter.