Balsam Lake may refer to:

Canada Balsam Lake (Ontario), a lake in the Kawartha lakes region Balsam Lake Provincial Park, on the above lake

United States Minnesota Balsam Lake (Itasca County, Minnesota)

New York Balsam Lake (New York), a man-made lake in Chenango County Balsam Lake Mountain, part of the Catskill Mountains Balsam Lake Mountain Fire Observation Station, on the above mountain

Wisconsin Balsam Lake (Wisconsin), a lake in Polk County Balsam Lake (town), Wisconsin, a town in Polk County Balsam Lake, Wisconsin, in the above town