Holstad (ON hóll
'hill' and staðr
'place') belongs to a group of farm names that were popular in the Viking age (800-1050 AD). Bnr. 1 has been one of the biggest farms in Vik the latest centuries. The Holstad farms have got their spring farms at Holstadstølen and Kålsete, and their mountain farms in Dueskaret and Myrkves-Grøndalen.