The locality is known for the source of the Pančava River, whose water falls down over the edge of the Labský Důl to the Pančavská Jáma, and creates a truly unique cascade waterfall whose total height is 40 m. The fall-over point offers one of the most spectacular views of the Krkonoše: it is called Ambrožova Vyhlídka. At the western edge of the meadow, there is an important crossroads of the western part of the Krkonoše: it is called U Čtyř Pánů.

Locality: to the northwest from Špindlerův Mlýn.