The lake is abound with fish and crab. Bear, tiger, deer, wild pig, and variety of avifauna are found in the surrounding forests of the lake. In Mizoram, Palak Lake is the only abode of aquatic birds, with the wild duck of various species.
It is situated in an almost inaccessible area in the southern part of the state. It is in the Lakher region of Chhimtuipui district, 130 km south-west of Saiha, the district headquarters and 5 km from Pahu village. It is an oval lake, 200 m long and 150 m wide, occupying an area of 30 hectares.
The lake is surrounded by tropical evergreen and moist deciduous forests comprising of species like Dipterocarpus sp., Michelia sp., Schina Wallichin, Mesua ferrea, Chikrassia tabularies, cedrella tonna, Albizzia sp., Termemalia sp., Lagerstromia sp., Biscofia Javamica, Ficus sp., Artocarpus sp., Tetrameles nudiflore, bamboos, canes etc.