Khaste Lake is a fresh water lake located in ward number 26 of Pokhara metropolitan city. The lake is situated around 2.5 km east from the Gunde lake and stands at 746 m above the mean sea level. The total catchment area and water bodies cover 2.7 and 0.09 square kilometres respectively. It is also managed by the cooperative under the Pokhara metropolitan city. The primary inflow of water in Khaste Lake is from Neurani Lake and several seasonal rivulets. Taal Khola is the outlet of the Khaste Lake.

This lake is also known as the “Bird Wetland” and is well-known for bird watching. As numerous species of birds visited these lakes, the location is a potential study midpoint for bird inspection. This demonstrates the importance of biodiversity in the area. The avian diversity includes Yellow-breasted bunting (Emberiza aureola), Egyptian vulture (Neophron percnopterus), Steppe eagle (Aquila nepalensis), Cattle egret (Bubulcus ibis), Lesser whistling duck (Dendrocygnaj avanica), Mallard (Anas platyrhynchos), Common Pigeon (Columba livia), Common Moorhen (Gallicrex chloropus) etc.

The plants around this lake includes Bidens pilosa, Cyanthillium cinereum, Elephantopus scaber, Solena heterophylla, Eleocharis congesta, Fimbristylis dichotoma, Schoenoplectiella lateriflora, Crotalaria alata, Hypericum japonicum, Bonnaya ciliate, Hibiscus rosa-sinensis, Urena lobata, Melaleuca citrina, Cenchrus purpureus etc. Trekking trails with spectacular views of the Himalayan Range are being developed. We can also see the temple around the lake recognized as Shree Khaste Taal Barahi Mandir.