Cascada Río Pipo is a whitewater cascade on the Río Pipo, located within Tierra del Fuego National Park near Ushuaia, Argentina.

The river itself drains into the Canal Beagle and flows through a valley historically used by inmates of the Ushuaia penal colony for timber cutting.

The cascade is reached via a short, easy out-and-back trail beginning near the terminal station of the Fin del Mundo Train.

The wide, mostly flat path follows the Río Pipo upstream for roughly 900 meters, passing open views of mountains towering above the river before entering a forest.

The trail ends at a viewing platform overlooking the narrow whitewater section known as "The Cascade." The round trip takes approximately 30 minutes. Camping Río Pipo, a primitive campsite with chemical toilets, is located in the same area.