Peridotite is usually found beneath the Earth's crust, and is rarely visible on the surface because it is so unstable when reacting with water. Types of peridotite located near the crust are usually transformed through varying processes to become other minerals, like serpentine. One type of serpentine is commonly known as asbestos.
The Smith River in California is one of the Earth's largest exposures of peridotite, at the depth of 10-50 km.