Lake Wakatipu is an inland lake (finger lake) in the South Island of New Zealand. It is in the southwest corner of the Otago region, near its boundary with Southland. Lake Wakatipu comes from the original Māori word Whakatipu wai-māori.
Lake Wakatipu is renowned for its scenic beauty, being surrounded by mountains. The Remarkables mountain range lies along its southeastern edge. It is a popular venue for adventure tourism, with skifields, paragliding, bungy jumping and tramping tracks within easy reach. A vintage steamboat, the TSS Earnslaw regularly plies its waters. Several vineyards are nearby in Gibbston.