Salto de La Estanzuela is a waterfall about six kilometers from Esteli.
The waterfall is not spectacularly big but it is nice to see and it’s surely refreshing to swim in the pond underneath the waterfall. You can also walk around in the area surrounding the waterfall to absorb some nature.
The entrance fee is about US$1 per group.
It is possible to hike all the way from Esteli. This will take a couple hours and is exhausting, but will make a dip in the cold water even more deserved and refreshing. The road that takes you to Salto de La Estanzuela is located in the southern part of Esteli, just off the Pan American highway.
Coming from Managua, you will see a big bus stop on your left hand right before entering Estelí. Close to this terminal you will find the road, on your left as well. Ask around close to the bus station for the town of Estanzuela. After taking this road, you should go straight and wait for signs that point to the waterfall. The hike is not particularly hard, but it will get hot and the road is never really flat. You could also drive there and walk the last 15 minutes, but a 4WD, or more importantly a high clearance vehicle, is recommended.