I had been to mahableshwar last year in diwali holidays with my family. It was truly a worth enjoyable experience for all of us. First of all the climate was damn cool and awesum. Mahableshwar is 40 kms away from wai and approximate 25 kms away from panchgani. There were around 36 points to view in mahableshwar but the elephants head point hogged everyones attention. It is the most unique point which really resembles the head of elephant. Since the point is bounded by walls it is safe for sightseeing. There are many hotels near this place for accomadation. The place was crowded with tourists as it was season time.