Borgarfjörður is a 10 kilometre long, grassy, fertile valley, a popular spot for hikers. The area is also well known for its beautiful stones, pebbles and minerals. On the outskirts of Bakkagerði, there's a large hill called Álfaborg, perfect if you fancy a nature walk.

In Hafnarhólmi, the environmental friendly harbour, there's an excellent bird-watching platform where puffins, gulls and kittiwakes can be seen. Many other marked hiking trails lead between the mountains and fjords in the nearby area. In the village of Bakkagerði, you can find lots of points of interest.

There's a well-stocked information centre in Álfasteinn, which has lots of tips for walking in the area and a church with a fine alter piece painted by Jóhannes S. Kjarval (1885-1972), who grew up in Borgarfjörður.