It is a noted tourist spot of religious significance in the state of Uttarakhand. Perched at a height of 1,000 m this famous spot is situated along the bank of the beautiful river Mandakini. Famed for the temple in the name of sage Agastya, it is also believed that the sage had meditated here for almost one year. Locally known as Agasteshwar Mahadev, the temple is consecrated to sage Agastya. The images of Hindu deities present inside this temple have been carved out on the stones of the walls.
In addition, the place is also known for the fairs being organised here. Agastyamuni plays a host for a large fair that takes place during the festival of Baisakhi. During this fair, several devotees throng here so as to celebrate the festival of Baisakhi, while they worship and pay their obeisance to the deity. Besides being a place of religious importance, tourists visiting here can also engage in fishing on the banks of river Mandakini. In addition, the town of Agastyamuni also serves as a base for Pawan Hans helicopter services. These services are available to Kedarnath Temple.