Prestestranda is the administrative centre of Drangedal Municipality in Telemark county, Norway. The village is located at the northwestern end of the lake Øvre Toke, about 12 km to the southeast of the village of Bostrak and about 12 km to the northwest of the village of Henseid. Drangedal Church is located in the village. The 1.58 km2 village has a population (2022) of 1,293 and a population density of 821 PD/km2. A railway station along the Sørlandsbanen railway line was built in the village in 1927.