Corcovado Volcano (]) is a stratovolcano located about south of the mouth of the Yelcho River, in the Palena Province, Los Lagos Region, Chile. The glacially eroded volcano is flanked by Holocene cinder cones. The volcano's base has likely prehistoric lava flows that are densely vegetated. The most distinctive feature of this volcano is its stepped top, similar to that of Puntiagudo Volcano. At its foot lies a series of lakes. Corcovado dominates the landscape of the Gulf of Corcovado area and is visible from Chiloé Island, weather permitting.