Pass the Sputnik Boulder like you are going up to the Lower Satellites. When you get to the fork, instead of going left up the climbers trail next to the huge wall known as The Wave, go up the right fork of the trail to the base of The Second Flatiron.
Where the trail meets the base of the Second Flatiron, a cube-like boulder reminiscent of a Borg Cube on Star Trek is on your left. Go left up a steep social trail parallelling the Second Flatiron and this problem is on the rounded northwest corner of the very next boulder completely out of view (and just a few feet from the base of the Second Flatiron).
Begin from a sds and climb the face up to the top. For those who care, the stand start is approximately V3.
A crashpad, maybe 2.
BETA PHOTO: The line up this really sick route, Gully Diver. I...