Farm Gilsbakki is also a church site in County Hvitarsida, District Borgarfjordur. Its Catholic churches were dedicated to St Nicolas. The church was abolished in 1907, but the latest one was built in 1908 and reconsecrated in 1954. The farm is situated in a gradual, green slope with an excellent panoramic view. The area is well vegetated, especially in the gorge behind the farm, after which it was named.
The short, but interesting Gunnlaug’s Saga tells us about Illugi the Black and his son, Gunnlaugur Worms tongue. Illugi the Black was the second most powerful chieftain of the Borgarfiord Chieftaincy after Thorsteinn Egilsson at Borg. This Saga is based on a love triangle, bloody battles and duels and has been translated into more foreign languages than any other Saga.
The farm is within reach of quite a few beautiful places of interest and historical sites, such as the Lava Waterfalls, Barnafossar, the Husafell recreational area, Reykholt and the Deildartunga hot spring.