Arnarstapi is a hill beside the Ring Road on the edge of Vatnsskarð, offering a good view over most of Skagafjörður. A memorial has been set up there to poet Stephan G. Stephansson (1853-1927), who was born at nearby Kirkjuhól but emigrated to Canada with his parents at an early age and continued to write much-adored poetry in Icelandic. The memorial, made of piled rock, was designed by artist Ríkharður Jónsson (1888-1977) and adorned with three relief works by him.

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