Visit the Shwe Indein Pagoda complex — hundreds of crumbling stupas in an atmospheric cluster

Explore the five-day rotating market (check schedule; different lakeside villages host it on different days)

floating gardens, leg-rowing fishermen, Phaung Daw Oo Pagoda, weaving and silversmith workshops ($15-20 shared, $10 zone entry fee)

Visit Nga Phe Kyaung Monastery (the "Jumping Cat Monastery") on the lake

Watch sunset from Red Mountain Estate Vineyard & Winery (wine tasting $3-5, 20 min by bike from Nyaungshwe)