is situated at 3 m above
sea level in a 6 km long and 1 km wide valley, which was abandoned in 1857. Its area is
There is a refuge hut near the lake and a fishing lodge on
the northern side.
The catch consists of sea char, 1-5 pounders, and
lake char as well. The sea char appears late in summer. The valley is a
bird watcher's paradise. The Arctic foxes are so tame,
because of limited hunting, that the anglers
have to watch their catch closely. This lake is not much frequented by
anglers, but those who seek peace and quiet and a good catch keep
coming back. The distance from the capital to Olafsfiord is 456 km and
to Siglufiord 401 km by the Whale Bay tunnel. After Hedinsfjardar
tunnel are now easily accessible by car.