La Grotte des Fées is a cave located in Châtelperron, in the central French department of Allier.

The caves are located in the commune of Châtelperron, about 1 km north of the town, on the left bank of the Graveron River at 5 or 6 m above stream level.

[3] The first delving research was led by Albert Poirrier, who carried out the construction of the railway line and who had a keen interest in prehistory.

The last research, from 1951 to 1954 and in 1962, was led by Henri Delporte and revealed back blades of flint (named "couteaux de Châtelperron"), burins, drills and scrapers.

Delving results have also sparked the debated theory of the hypothetical cohabitation between anatomically modern humans and Neanderthals.