
Mahogany Lake is a small twenty-acre shallow body of water, more or less, that is situated on Mahogany Ridge east of Eagle Lake. Since it has no inlet or outlet it is susceptible of going dry. When that it occurs it appears to be a grassy meadow.

The lake was originally named Walters. after George William Walters (1865-1923). Walters was a one-time employee of Albert Gallatin who used Eagle Lake for summer livestock grazing. In 1887, Walters sold the 40 acre parcel that encompassed the lake to Gallatin for $300. The property remained in the Gallatin family’possession for decades. In 1947, the Lassen National Forest Service acquired the Gallatin property. It is quite possible that forest service changed the lake’s name.
Tim