Wizard Falls, was a waterfall located in Jefferson County, in the U.S. state of Oregon.

It was located in a privileged area on the northwest foothills of Deschutes National Forest, just north of Black Butte and the city of Sisters, Oregon.

The Wizard Falls Fish Hatchery was constructed in 1948, which required the section of river upstream to be diverted to provide water for the rearing ponds.

[1] Wizard Falls was situated near the Metolius River and totaled 12 ft (3.7 m) in height.

The area is the centerpiece attraction of the Wizard Falls trailhead and Recreation Site.