Reynolds Falls is a dramatic waterfall on the Vale River, located in the Reynolds Falls Nature Recreation Area to the west of Cradle Mountain in Tasmania.

Issuing from a slot canyon, the falls drop free for more than 60 metres, making it one of the most spectacular waterfall settings in the state. The falls sit at an altitude of around 300 metres. Reaching Reynolds Falls is a serious undertaking.

The return hike covers approximately 25 kilometres and is rated Grade 5, typically requiring two to three days.

The route passes through ancient myrtle forests and alpine meadows before a steep, often vague descent of around 150 metres to the base of the falls. The track was originally cut in 1979 and receives little maintenance today.