Laxey (Manx: Laksaa) is a village on the east coast of the Isle of Man. Its name derives from the Old Norse Laxa meaning 'Salmon River'. Its key distinguishing features are its three working vintage railways and the largest working waterwheel in the world. It is also the location of King Orry's Grave.

The village lies on the A2, the main Douglas to Ramsey road, and on the vintage Manx Electric Railway, and Snaefell Mountain Railway. Laxey Glen is one of the Manx National Glens; another glen, Dhoon Glen, is about 1¼ miles away. The Raad ny Foillan long distance coastal footpath, opened in 1986, runs along the coast of Laxey Bay through the village.

Tourism.

The Laxey Wheel, also known as Lady Isabella after the wife of The Hon. Charles Hope, then Lieutenant Governor of the Isle of Man, was built in 1854 to pump water from the Laxey mine shafts. Now a tourist attraction, it remains the largest working waterwheel in the world. Designed by Robert Casement, it is 72 feet 6 inches (22.10 m) in diameter and 6 feet (1.83 m) wide. It revolves at about 3 rpm. 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. In 1965 the Isle of Man Government bought the wheel and the site. Restoration work began, and in 1989 it was put under the control of Manx National Heritage.

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. 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. The cloth is made of fine Manx Loaghtan wool and woven on traditional-style looms. One loom operates by bicycle-power. The mills are now mainly a working shop, but still weave the Manx tartan and other cloth. The Laxey Woollen Mills also contain a busy craft shop, a tea-room, and the Hodgson Loom Gallery, which holds monthly arts and crafts exhibitions.

Laxey Harbour and Bay 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 Bay is a protected Marine Nature Reserve.

Ancient monument Laxey is the site of King Orry's Grave.

Conventions The Isle of Man is a popular venue for conventions. As an example, Laxey was the venue for the Linuxbierwanderung in 2016.