The Raad ny Foillan long distance coastal footpath, opened in 1986, runs along the coast of Laxey Bay through the village.

Other attractions were built at that time, including Snaefell Mountain Railway and the Laxey Glen Pleasure Gardens.

[citation needed] Many of Laxey's buildings were built as mining cottages in the traditional Manx style.

The village centre is a newer, late Victorian section further inland is the area of shops and services around the railway station.

By then, most of the miners had left, with many emigrating to South Africa, Australia or the United States of America.

Charles Hope, then Lieutenant Governor of the Isle of Man, was built in 1854 to pump water from the Laxey mine shafts.

The wheel was owned by Edwin Kneale from 1939 to 1965; he saved it from being dismantled and ran it as a tourist attraction, before passing it on to the Manx nation, with the agreement that it should be kept in perpetual running order for the people of the Isle of Man.

[7] The Great Laxey Mine Railway re-opened with two small steam engines in September 2004 to carry passengers along the restored route.

The Laxey Woollen Mills were founded in 1881 by Egbert Rydings, supported by John Ruskin, and were originally water powered.

[8] The mills are known for producing Manx tartan which is used to make a variety of items from hats, scarfs and kilt skirts to capes and rugs.

[9] The village has a small harbour at the river mouth which was built in the 1850s to service the mining industry.

It is now used by leisure craft and inshore fishing vessels that utilise Laxey Bay and further offshore.

Laxey lies on the Manx Electric Railway, a vintage line which runs for 17 miles along the coast, between Douglas and Ramsey.

Laxey F.C., based at Glen Road, play in the Isle of Man Football League.