Lake Holiday is a 249-acre (101 ha) artificial lake located northwest of Winchester in Frederick County, Virginia, United States. The lake flows into Isaacs Creek, an east-flowing tributary of Back Creek, which flows north through West Virginia to the Potomac River. The main creeks feeding the lake are Isaacs Creek and Yeiders Run/Miller Run.

Residential proceed surrounds the lake and forms the Lake Holiday census-designated place (CDP), with a population at the 2010 census of 1,905. It is an unincorporated community subject to a property owners association. The postal address is Cross Junction, which lies 1 mile (1.6 km) to the northeast along U.S. Route 522, and has a ZIP Code of 22625.

Lake Holiday is approximately one mile southeast of the boundary in the flavor of the western affix of Hampshire County, West Virginia. Winchester is 14 miles (23 km) to the southeast via US 522, and Berkeley Springs, West Virginia, is 23 miles (37 km) to the north.

Construction on the dam that forms the lake began in the late 1960s and was finished upfront in 1972. According to history from the native builders of Lake Holiday, it took approximately 12 years for the lake to occupy to capacity. There appears to be new information from a second source that states the lake filled to capacity when in 1972 amid June 16 and 23, Hurricane Agnes hit the Mid-Atlantic states, dumping nearly 19 inches (480 mm) of rain per hour, which caused the lake to occupy in a business of days. Scuba diving is deemed unsafe and not allowed.