The pass straddles the continental divide at the southern end of the Park Range along the boundary between Routt and Jackson counties. The pass is named for nearby Rabbit Ears Peak, a mountain in Park Range to the north that is prominently visible from the east side of the pass during good weather. It separates the upper basin of the Yampa River on the west with the North Park in the upper basin of the North Platte River on the east. The west summit, though steeper (7%), is lower (9400'), and the true high point is the east summit. Although lower in elevation than many of the high mountain passes farther to the south in the Colorado Rockies, the pass often receives a great deal of snow in winter and is subject to regular short closures during heavy winter storms. The meadows beneath it along U.S. Highway 40 allow for reliable cross country skiing. The pass provides the route of U.S. Highway 40 between Kremmling and Steamboat Springs. It is one of three crossings of the continental divide along the U.S. Highway, along with nearby Muddy Pass to the southeast and Berthoud Pass as it approaches Denver. The pass is significantly steeper on the western side (near Steamboat Springs) than the eastern side, where it descends along a slow incline towards Muddy Pass. There is a single runaway truck ramp on the west side for truckers that have gotten their brakes hot while braking down the incline.