Waterwheel Falls is a waterfall in the Sierra Nevada of California, located in Yosemite National Park.

It is the largest of the many waterfalls of the Tuolumne River.

Its upper part contains a series of small ledges, each of which creates a small plume as the water is deflected away from the rock face.

A regular phenomenon appears at the first and largest of these ledges during the high-water season of early summer.

Strong gusts of wind can lift part of the spray and blow it back upward, causing it to reenter the falls above the ledge.