Located at a height of 1700 m, Mattupetty is famous for its highly specialised dairy farm, the Indo-Swiss live stock project. Over 100 varieties of high yielding cattle are reared here. Visitors are allowed into three of the eleven cattle sheds at the farm. The Mattupetty Lake and Dam, just a short distance from the farm, is a very beautiful picnic spot.
The sprawling Kundala tea plantations and the Kundala Lake are other attractions in the vicinity. DTPC Idukki provides boating facilities on the Mattupetty Dam. Speed Launch and slow speed motor boats are available on hire.