Alajõe (Russian: Олешница, Oleshnitsa) is a village in Ida-Viru County, in northeastern Estonia.[1] It is located on the northern shore of Lake Peipus. Alajõe is the administrative centre of Alutaguse Parish. In 2000 the village had a population of 147.

Alajõe was first mentioned in 1583.[2]

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