The Hakone Komagatake Ropeway (箱根駒ヶ岳ロープウェー), not to be confused with the Hakone Ropeway, leads from the shore of Lake Ashinoko to near the Komagatake peak of Mount Hakone. The ropeway is not covered by the Hakone Free Pass, although a discount is available.
When visibility is good, panoramic views of Lake Ashinoko and Mount Fuji can be enjoyed from the ropeway's upper station. A short walk away, on the actual peak of Komagatake, stands the Hakone Shrine Mototsumiya, the original Hakone Shrine, whose main site is now located at the more easily accessible shores of Lake Ashinoko in Moto Hakone.
Several hiking trails lead from the Komagatake summit down to the shores of Lake Ashinoko, Owakudani and Sounzan Station. The trails lead mostly through the forest with limited panoramic views of the surrounding scenery and can get closed when there is volcanic activity in the area.
Several more attractions are located in the area around the ropeway's lower station at the shores of Lake Ashinoko, known as Hakone-en. These include some Prince Hotel-affiliated lodgings, a golf course and a few minor attractions such as a small aquarium and petting zoo.
The lower ropeway station at Hakone-en is served by one Odakyu Highway Bus per hour (15 minutes, 460 yen one way from Togendai, covered by the Hakone Free Pass) and two Izuhakone buses per hour from the direction of Kojiri (15 minutes, 430 yen from Kojiri, not covered by the Hakone Free Pass). From Moto Hakone, there are infrequent Izuhakone buses (10 minutes, 350 yen one way, not covered by the Hakone Free Pass).
Only one of the two cruise companies on Lake Ashinoko, Izuhakone Sightseeing Boats, serves Hakone-en port where the Komagatake Ropeway is located. It can be reached from Kojiri, Moto Hakone or Hakonemachi in 15-25 minutes and for 780 yen one way. Note that the Izuhakone Sightseeing Boats are not covered by the Hakone Free Pass.
It is about two kilometers or a 30 minute walk from Moto Hakone to the lower ropeway station.
10 percent discount for Hakone Free Pass holders