The Mahalaxmi temple stands at the centre of old Thankot, a two-storey pagoda built around 1690 in the Malla style and still the working focus of the settlement around it. Entry is free, the courtyard is open from dawn until after dark, and thirty minutes is enough to see the temple, the carved struts under its roofs and the stone inscriptions set around the precinct.
This is the temple that gives Thankot its character as a Newar town rather than a highway suburb. The goddess Mahalaxmi is understood locally as the protector of the valley's western gate, the point every traveller from the south and west had to pass to enter Kathmandu, and the settlement grew up around her shrine rather than the other way round.
Come during the annual jatra, usually around Kartik Purnima in November or early December, and you will see the reason the temple still matters: wooden chariots carrying Mahalaxmi, Ganesh and Bhairab pulled by hand through the lanes, with the panche baja ensemble in front. Come on an ordinary weekday and you will have the courtyard largely to yourself.
