Grizzly Peak is a high and prominent mountain summit of the Collegiate Peaks in the Sawatch Range of the Rocky Mountains of North America. The 13,995-foot (4265.6 m) thirteener is located 2.6 miles (4.2 km) south-southwest of Independence Pass, Colorado, United States, on the Continental Divide separating San Isabel National Forest and Chaffee County from White River National Forest and Pitkin County.

The Sawatch Range or Saguache Range is a high and extensive mountain range in central Colorado which includes eight of the twenty highest peaks in the Rocky Mountains, including Mount Elbert, at 14,440 feet (4,401 m) elevation, the highest peak in the Rockies.