Lake Haukadalsvatn has an area of 3,28 km², reaches the depth of 41 m and is situated 37 m above sea level. The fishing permits are only valid within a stretch of 1 km of the lake's shoreline.

The lake abounds in lake char (1-2 pounders) and sometimes the odd salmon is caught. According to the legend a herd of sea grey cattle lives in the lake and the farmer at Stora-Vatnshorn caught one of the cows. Nowadays people say that the Grey cattle of the area is its descendants.

Daily opening hours: Fishing is allowed from dawn to dusk.
Bait: All bait is allowed: fly, worm and lure.
Contact / landlord: Sigurður Jökulsson at Vatn. Tel: (+354) 434-1350.

The distance from the capital is 144 km by the Whale Bay tunnel and 17 km from Budardalur.