Though small, the lake was a permanent source of water which was a rarity on the porous Kaibab Limestone. Known to some as the "waterless mountain," in pioneer days the Kaibab was called the "Buckskin Mountain," but the name itself is a Paiute word meaning "mountain inside out," or "mountain lying down." However, Jacob Lake's situation and permanent water made it an important stopping place for travelers moving from Utah into Arizona. Despite its diminutive size, locals are fond of saying that Jacob Lake "waters more deer than the entire Pacific Ocean."