Cascade Falls in Osceola, Wisconsin, is a prominent waterfall on Osceola Creek as it passes through the mill pond toward the St. Croix River. The falls were formed within a landscape shaped by the larger river, which created the local canyon and influenced the development of both Osceola Creek and nearby Geiger Falls. Its undercutting knickpoint shows how falling water erodes the rock base over time. Local history credits William Kent with discovering the falls in 1884, and the waterfall is regarded as the feature that attracted settlers and led to the founding of Osceola. In 2013, decorative LED lighting was added to enhance nighttime viewing and tourism.