This farm is situated furthest south in the Laxa Valley, but is counted among the farms of the Myvatn County.  In 1908, remains of dwellings from the 11^th century were discovered there.  The lodge was about 44 m long and 6-8 m wide.

The scientists, who excavated the ruins thought, that they had discovered the remains of a pagan temple.  The ruins were filled up again and about 90 years later an international team of archaeologists started again and much has been added to the earlier discoveries.  The farm Hofsstadir is very prominent in the landscape, when people approach the Lake Myvatn from the west.