The Draco lineatus group is a monophyletic assemblage confined to islands within Wallacea. Nine species are recognized, including two described as new. For each species, a synonymy, diagnosis, description of squamation and color pattern, and summaries of distribution and natural history are provided. We resolve several long-standing taxonomic misconceptions including (1) proper allocation of the name Draco lineatus, (2) exclusion of D. bimaculatus and D. modigliani from the D. lineatus group, and (3) proper allocation of the names D. beccarii and D. walkeri. Unlike all previous studies, we recognize three morphologically distinct taxa (here recognized as species) on the island of Sulawesi.