| Official Name: | Vatnestrøm |
| Settlement Type: | Village |
| Pushpin Map: | Agder#Norway |
| Pushpin Label Position: | top |
| Pushpin Map Caption: | Location of the village |
| Subdivision Type: | Country |
| Subdivision Name: | Norway |
| Subdivision Name1: | Southern Norway |
| Subdivision Name2: | Agder |
| Subdivision Type3: | District |
| Subdivision Name3: | Setesdal |
| Subdivision Type4: | Municipality |
| Subdivision Name4: | Iveland |
| Utc Offset1: | +01:00 |
| Utc Offset1 Dst: | +02:00 |
| Postal Code Type: | Post Code |
| Postal Code: | 4730 Vatnestrøm |
| Coordinates: | 58.4131°N 8.0627°W |
| Elevation M: | 198 |
| Elevation Footnotes: | [1] |
Vatnestrøm is a village in Iveland municipality in Agder county, Norway. It is along Norwegian County Road 405, on the western shore of the lake Ogge. The municipal centre of Birketveit lies about northwest and the village of Oggevatn in the neighboring municipality of Birkenes lies about northeast.