This trail starts at about 8300 feet of elevation in the Panchuela Campground near the end of the road up the Pecos River Canyon. Most of it is in the Pecos Wilderness, an area of unspoiled beauty with no mechanical or motorized means of transportation allowed.

The trail follows Panchuela Creek for about 1.5 miles, and then Cave Creek. About 3 miles in, at about 9000 feet of elevation, there are wonderful limestone caves formed by the water.

The entire trail goes through wonderful forests of Douglas fir, aspen, Colorado blue spruce, and some Ponderosa Pines.