To the west and 125 metres lower is the Kleiner Falkenstein, also a worthwhile viewing point.
An ascent to the summit is possible in around 2 hours following the trails marked Heidelbeere, Eibe, Silberblatt and Esche from the start points of Zwieslerwaldhaus, Kreuzstraßl and Scheuereck. Worth seeing is the so-called Höllbachgspreng, an area of rocky terrain with a gorge and stream that has several waterfalls and numerous runnels descending to the Höllbachschwelle, a small lake. The path through this area is very challenging and should only be attempted by experienced hikers.
At the summit is a mountain hut owned by the Zwiesel branch of the Bavarian Forest Club, which is open daily during the summer and at weekends in winter. It has overnight accommodation. The hut, the Falkenstein-Schutzhaus, was built in autumn 1932 to plans by Straubing town architect, Oskar Schmidt, handed over on 7 January 1933 to the public and formally opened on 15 and 16 June 1933 as part of a field mass by the Ludwigsthal parish priest, Maier. At that time it already had 30 bedspaces.