Beaver Ponds, views, alpine tundra, waterfalls, solitude. Great hike. The trail starts on the SE end of the parking lot. Follow this trail to Horsethief Park. Just after the terrain levels out look for a left turn marked with a ring-the-peak signpost. Take this trail that immediately crosses a stream. Follow this trail North through a small valley with several beaver ponds. The trail will make a Y where the valley begins to veer right. Take the right leg of the Y that continues in this small valley. The trail will soon reach an area where it follows an old stream bed. When the trail fades head right and up to the ridge to Sentinel Point Then descend south from Sentinel Point staying on the East side of the ridge. Look for an opening in the rocky ridge at a small saddle and descend there. Head down until you reach the stream, follow the stream until you reach Horsetheif Falls trail. Follow this trail downhill and it will lead you back to the Trailhead.