In the rocky valley in the Male Studena Valley, on the way down from Studenovodske Waterfalls to Zamkovsky's cottage (red sign), the Maly Studeny stream, at an altitude of 1330 metres a.s.l., creates Obrovsky (Great) Waterfall with a height of almost 20 metres.
The best access is from Hrebienok following the red sign, approximately 20 minutes. In winter, access can be more difficult, mainly on the route next to Studenovodske Waterfalls, which is usually icy. Further, you can carry on to Zbojnicka cottage,Zamkovsky's cottage, to Skalnate Pleso (tarn), or to Tery's cottage and to five Spis tarns.