Gray Peak is an mountain summit located in the Methow Mountains, a sub-range of the North Cascades in Washington state. Situated on Sawtooth Ridge, west of Oval Lakes, Gray Peak is protected by the Lake Chelan-Sawtooth Wilderness within the Okanogan National Forest. The nearest higher peak is Courtney Peak, to the southeast. Precipitation runoff on the south side of the mountain drains into nearby Lake Chelan via Fish Creek, whereas the north side of the mountain drains into Oval Creek, which is a tributary of the Twisp River.