Phensong Monastery is situated on the gentle slope stretching from Kabi to Phodong. It is perhaps one of the best landscapes in the region. The monastery was built in 1721, during the time of Jigme Pawo, under the Nyingmapa Buddhist order.

It was gutted by fire in 1947 and rebuilt in 1948 through efforts of lamas. The annual festival of Chaam is performed on the 29 th and 28 th days of the lunar calendar (Tibetan calender).