Beaver Ponds Loop is a 5 mi/8.3 km moderately-rated hike. The trail starts from the Lower Terraces, climbs up to beaver ponds and into Montana, and descends down to Mammoth Hot Springs Hotel.
My husband and I did this hike on a Saturday morning (9am) in August. To our surprise, the trail was busy, and we didn't see a lot of wildlife at the beaver ponds, which was disappointing. Highlight of the trail was the Montana portion, which had a beautiful panoramic view (see photo).
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