Lonavala hosts numerous wax museums and a visit to Wax museum is one of the prime attractions in Lonavala. Most of the wax museums are spread close to the entrance of Lonavala from Pune - Mumbai express highway while there are few museums setup inside the town. Most of the wax museums cover the wax statues of noted personalities from many walks of life - religion, social service, history, art, literature, pop music, etc.

Bhushi Dam is a masonry dam on the Indrayani River in Lonavala, Maharashtra. Bhushi Dam is one of the top Lonavala tourist places and a very popular weekend getaway from Pune and Mumbai. The Dam is located in the backdrop of scenic hilly terrains between Lonavala and INS Shivaji. The dam was built in late 1860s for the Great Indian Peninsular Railway as a source of water for their steam engines. Water from the dam was carried to Lonavala, Khandala and the reversing station of the railways by cast-iron pipes. In the rainy season, when the Bhushi dam overflows, the water flows over a series of steps and then over some easily accessible rocky terrain. The terrain and the water make for a fun combination and this is why Bhushi dam gets crowded on weekends as well as during the holidays. There is a waterfall located very close to the dam, which is formed when the water gushes out through the dam during the monsoon months. Swimming is restricted due to the unpredictable flow of the water during the monsoon months. The lake created by Bhushi Dam is also used for power generation by Tata Power.

Karla Caves or Karle Caves are a complex of ancient Indian Buddhist rock-cut cave temples located at Karli near Lonavala, Maharashtra. It is one of the best Lonavala tourist places and also among well known historical Places to visit near Mumbai & Pune protected by Archaeological Survey of India. Karla is one of the most famous centers of early rock-cut architecture in India. The caves are excavated nearly 100 m on a high spur of the chain of hills on the north flank of the Indrayani valley. These caves were developed over two periods - from 2nd century BC to 2nd Century AD and in 5th - 10th Century AD. The oldest of the cave shrines is believed to date back to 160 BC, having arisen near a major ancient trade route, running eastward from the Arabian Sea into the Deccan. The Karla complex consists of 16 rock cut excavations of which cave 8 is the chaityagriha. The complex of Karla Caves has its interior lighted by windows. The Karla Caves of rock excavations are not that elaborate when compared to its counterparts at Ajanta and Ellora. However, the grand chaityagriha of Karla is the grandest and the largest of all the chaityagrihas of India.

Lion's Point is a vantage point located midway between Bhushi Dam and Aamby valley in Lonavala. It is one of the popular viewpoints in Lonavala and also among the must visit places in Lonavala. The view from the Lions Point is majestic and panoramic. One would see dozens of small waterfalls, lush green hills and lakes around during monsoon season. The sunrise and sunset views from here are mesmerizing. The wind is extremely strong at this place and it was quite thrilling to see many adventurous people get close to the edge to get 'that' living-on-the-edge photograph. The drive to the point is also equally scenic The Shiv-ling peak is a conical peak can be seen towards the left side of Lion's Point.

Sri Narayani Dham is a religious place located in Dhankawadi area of Lonavala. The temple is dedicated to Goddess Narayani and is one of the famous places of sightseeing in Lonavala. The temple was constructed in 2002 and is a beautiful white marble structure. The main deity of the temple is Ma Narayani and on either side of the main shrine are shrines dedicated to Ganapathi, Hanuman and other Hindu deities. The deities are beautifully decorated with glittering jewellers. The entrance is a 4 storeyed structure, there are fountains lined up on the pathway from entrance to temple.