Short hike to a nice 200ft falls
At 200 feet high, Fairy Falls is an impressive backcountry sight. It can be reached from two different trailheads. The first trailhead, 1 mile south of the Midway Geyser Basin, begins at a steel bridge across the Firehole River and follows the Fountain Freight Road hiking/biking trail for approximately 1 mile before the hiking-only trail to Fairy Falls branches off on the left. The second trailhead, 1/2 mile south of the Nez Perce picnic area on the Fountain Freight Road, follows the hiking/biking path from the northern end, 1-3/4 miles to the junction with the Fairy Falls trail. If you choose to take your bike for the first section, there is even a nice bike rack where you can lock your bike as you complete the rest of the hike on foot. You get views of the Midway geyser basin from this trail as well. The falls is kind of a two part falls, with the first section dropping off a high cliff ledge with the bottom section more of lacy section. Be warned, there is not any real shade on this trail so be sure to bring a hat and/or sunscreen as the sun at this altitude is a killer. With little elevation gain, this hike makes for a good family hike. With a little luck, you may even get to see some bison in the area near the trailhead.
Directions to the steel bridge trailhead: Within Yellowstone National Park, take the grand loop road between Madison and Old Faithful. The Steel Bridge parking area is 1 mile south of the Midway Geyser Basin parking area. The trailhead is signed. Parking lot fills up early so it's best to get there early.
Check out the Official Route and Triplogs.