Kvernufoss waterfall is located only a 2 min drive from Skogafoss (the most famous waterfall in Iceland) but somehow only a handful of people know about it. The hike to this place only takes about 15 min and is super easy. There is a paid parking right in front of the start of the hike or you can park your car here for free: https://maps.app.goo.gl/g4kDeT2KGnPsin4h6
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