A considerable share of global inland water that fulfills human needs and supports the natural ecosystem is stored in lakes. Mismanaging these resources may trigger extreme floods and droughts. This study utilizes multi-mission altimetry and Synthetic Aperture Radar (SAR) data to monitor water levels and volumetric variations of Manchar Lake. Data from three altimetry missions—Sentinel-3, ICESat-2, and Jason-3— were acquired, processed, and validated from in situ measurements. Moreover, surface area variations from Sentinel-1 SAR data contributed to Lake volume computations. ICESat-2 and Sentinel-3 derived water levels exhibited a strong correlation with actual data, supported by good correlation coefficients (0.84 and 0.95), low mean absolute errors (0.24 and 0.10), and good Nash-Sutcliffe Efficiency statistics (0.61 and 0.91). The performance of the Jason-3 dataset was inferior to that of others, indicating a comparatively weaker correlation (R = 0.80). The observed variance may be linked to the pathway's specific location, close to the bank. This proximity introduces a potential risk of pulse data contamination, as the mixing of water and land may influence the return signal. The lake water levels and surface areas presented a moderate correlation (R = 0.67), suggesting some interdependence and providing insights into the Lake's geometry. This correlation guides selecting an appropriate lake volume formula that approximately represents its characteristics. This study highlights the critical role of satellite technology in managing large lakes and reservoirs, particularly in regions with limited ground data and addressing its importance in bridging the critical data gap.