The Valley of Geysers () is a geyser field on Kamchatka Peninsula, Russia, and has the second largest concentration of geysers in the world. This basin with approximately ninety geysers and many hot springs is situated on the Kamchatka Peninsula in the Russian Far East, predominantly on the left bank of the ever-deepening Geysernaya River, into which geothermal waters flow from a relatively young stratovolcano, Kikhpinych. Temperatures have been found to be , below the caldera ground. It is part of the Kronotsky Nature Reserve, which, in turn, is incorporated into the World Heritage Site Volcanoes of Kamchatka. The valley is difficult to reach, with helicopters providing the only feasible means of transport.