Phaungdawoo Pagoda is believed to be built in the King Alaungsithu’s dynasty which lasted from A.D 1112-1167. According to the legend, the King Alaungsithu often had journeyed across rivers in the country. His royal barge was made of the wood containing a philosopher’s stone, so it had supernatural power. On the trip to Inle Lake, the royal barge stopped at a place where the pagoda was built.
The special feature of the pagoda is five golden Buddha images in a wide range of sizes from 9-18 inches tall. Because all images are covered with many solid gold leaves, they are fairly heavy. The pagoda owns a huge monastery opened to all pilgrims. However, only men are allowed to place gold leaf on the images. Pilgrims often place small robe around the images, take the robe back to their houses; put it on the altar as a token of respect for the Buddha.
Map : https://goo.gl/maps/j9mGKX5eWWKVuhzS8