The village is famous for the existence of one of the oldest monasteries in Ladakh (a national heritage) Alchi Monastery. Mainly known for its magnificent, and well-preserved 11th- or 12th-century wall paintings, all in an Indo-Himalayan style.Dragung House is traditionally built Ladakhi house which gives a dramatic view of the Monasteries right from the doorstep
Alchi village is very fertile and it is all green with apricot trees on both side of road.This region had influence of Islam,Hinduism and Buddhism because it falls on the route to Turkestan of China but its isolation helped the village and gompas to keep their cultural traditions safe from the outer influences.