The near-vertical 12 metre rocky outcrop stood on the mountain's southeast ridge, and was the last great challenge before the top.
The Hillary Step was named after Sir Edmund Hillary, who was the first to scale Mount Everest in 1953.
British mountaineer Tim Mosedale confirmed the news of the Step's demise on a Facebook post after reaching the summit on May 16, dubbing the loss as "the end of an era".
"It was reported last year, and indeed I climbed it last year, but we weren't sure for certain that 'The Step' had gone because the area was blasted with snow," he wrote on Facebook.
"This year, however, I can report that the chunk of rock named 'The Hillary Step' is definitely not there any more," he added.
Mosedale believes the Step was most likely a victim of Nepal's 2015 earthquake, the 'BBC News' reported.
Mountaineers claim that the snow-covered slope will be much easier to climb than the notorious vertical rock-face, but loose rocks could also make it difficult and time consuming.
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