Æðarvötn are two lakes on the northeast side of Melrakkslétta. The northern and larger one lies just south of the main road close to the deserted town of Skinnalón. It is about 0.58 km² in area. The smaller lake is estimated at 0.10 km2 in area. Both lakes are 5 m above sea level. There is some a decent fishing in the lakes, mostly good brown trout, which are often around 2 pounds, and some char, which are mostly quite small. Æðarvötn are a short distance north of Raufarhöfn.