Lago Verde is a Chilean commune located at the headwaters of the Cisnes River in Coyhaique Province, Aisén Region.

[9][10] Some Europeans settled in the area in the early twentieth century, beginning in 1914 there were settlers in the upper reaches of the Cisnes River.

The grant for the estancia "Sociedad Ganadera Cisnes" of over 1,000 square kilometres (386 sq mi) was made in the early 1920s.

[4] As a commune, Lago Verde is a third-level administrative division of Chile administered by a municipal council, headed by an alcalde who is directly elected every four years.

The commune is represented in the Senate by Antonio Horvath Kiss (RN) and Patricio Walker Prieto (PDC) as part of the 18th senatorial constituency (Aisén Region).