Ledge One is the lowest area on Sleeping Beauty. It is the first area you get to as you hike along the trail below the rock. Ledge One lies directly below Ledge Two and the Main Wall.
Ledge One is just right of some stone steps at the second steep bit on the trail along the base. As a further reference, high on the upper wall, directly above the stone steps, is a prominent double tree. The climbs start about 20 feet right of the trail at a cluster of trees.