Höfði House, built in 1909, is considered to be one of the most beautiful and historically significant buildings in the Reykjavík area. It's best known as the location for the 1986 summit meeting of presidents Ronald Reagan and Mikhail Gorbatsjov, a historical event that effectively marked the end of the Cold War.

Among other renowned guests of Höfði
House include celebrities and heads of state, amongst them the Queen of England, Winston Churchill and Marlene Dietrich. In addition, the house is believed to be occupied by a ghost, "The White Lady", experienced by a former British Ambassador who once occupied the house. She caused so much distress that he persuaded the British Foreign Office to sell the house.