Karakol (Kazakh: Қаракөл) is a lake in Yrgyz District, Aktobe Region, Kazakhstan.

The nearest settlement is Zhaisanbai village, located 27 kilometers (17 mi) to the west.

It is located close to the southern shore of its large neighbor and has a rough hourglass shape, stretching from northeast to southwest for 4.2 kilometers (2.6 mi).

The water increases its salinity in the summer months and the bottom is flat and muddy.

River Shonkai (Шоңқай), a branch of the last stretch of the Turgay, flows to the southwest.