Latrastrond is the north easternmost coastal area of the Eyjafiord Bay. It was named after the northernmost farm, Latrar, which has been abandoned for decades like others in the area except for the southernmost one or two. There is very limited lowland along the coastline and it drops off steeply into the sea.

Despite the poor harbour conditions, there were quite a few fishing outfits there in the past. Avalanches frequently caused loss of lives and property. The summer grazings for sheep are very good. This area is ideal for short and long hikes, even all the way across the mountains into other abandoned areas, Fjordur and  Flateyjardalur.