The watermill is located from the Bajina Bašta-Valjevo road, in the deep valley of the Rogačica river. The location of the mill has been described as a "narrow and dark ravine". For the last several decades the watermill associated with Savanović has been owned by the Jagodić family, and is usually called "Jagodića vodenica" ("Jagodići's watermill"). It was in operation until the late 1950s. After its closure, it became a tourist site along with other attractions in Valjevo and nearby villages.