Schatzenstein, Mountain summit in the Erzgebirge, Saxony, Germany

Schatzenstein is a 760.4 m high mountain in the Erzgebirge, immediately northwest of Elterlein on the boundary with Zwönitz and Grünhain-Beierfeld in the Grünhainer Wald. Several phyllite cliffs up to 10 m high are exposed near the summit. Dense forest blocks distant views, and the Zwönitz rises on the mountain's watershed.

The summit bears a survey marker from the Kingdom of Saxony's mapping campaign between 1862 and 1890, which was crucial for recording the region's geography. This marker represents a connection to the long history of documenting the landscape.

A commemorative plaque at the site honors Max Schreyer, a local forester and poet who shaped the region. His connection to this place shows how nature and human creativity have long been linked here.

The summit lies just northwest of Elterlein, on the municipal boundary with Zwönitz and Grünhain-Beierfeld in the Grünhainer Wald. Trails lead past phyllite cliffs up to 10 m high, but dense forest blocks long views. A spring near the Zwönitz source was enclosed in 1995, with a rest area built around it.

The Zwönitz river rises on the Schatzenstein's slopes; the opposite side drains via the Oswaldbach into the Schwarzwasser. One spring in the source area was enclosed in 1995, with a rest area built around it. The summit itself is wooded, so there is hardly any distant view.