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Lake Laugabolsvatn has an area of about 0,52 km² at 41 m above sea level. Lake Efstadalsvatn has 0,46 km² at 123 m. The river Laugadalsa runs through them both.
The catch consists of brown trout and lake char. A fishing lodge for salmon anglers is located on the river. It is accessible by road no. 632. From Laugabolsvatn one must walk to Efstadalsvatn.

The distance from the capital is about 345 km by the Whale Bay tunnel and 120 km from Isafjordur.