함박재 위에 위치한 함박봉은 산 봉우리가 작약꽃처럼 보여서 붙여진 이름이고, 여기에서 고개 이름도 함박재로 불리게 되었다.
Hambakbong Peak, located above Hambakjae Pass, was named because the mountain peak looked like a peony flower, and from here, the name of the mountain was also called Hambakjae.