The tower on Lisie Gora is an architectural monument of regional significance and an important part of the historical landscape of Nizhny Tagil. In the 18th century, a wooden watchtower was built at the top of Lisie Gora, which was replaced by a stone one in the early 19th century. There is a version that the tower was intended for protection against nomads; however, it is more plausible that it was used as a fire watchtower. The author of the project is unknown, but on the cast-iron plate reinforcing one of the corners of the tower, the date of construction, 1818, has been preserved. In this form, the tower served as a fire watchtower, and during a fire, a bronze bell was rung, and red lanterns were hung.

After renovations in 2015, a small museum opened in the tower. The museum's exhibition tells the history of the tower and its various functions over nearly two centuries: as a watchtower, observatory, fire watchtower, and even as a monument to the love of N. N. Demidov and E. A. Stroganova-Demidova.

The landscape with the mountain and tower has always attracted the attention of artists. The exhibition features its images from the 19th and 20th centuries, drawings, optical instruments, as well as books of meteorological observations in Nizhny Tagil, published in Paris in the mid-19th century. Of particular interest are materials about the fire service of Nizhny Tagil in the 'pre-telephone era,' as well as portraits of N. N. Demidov, who played a significant role in the city's history, and his wife E. A. Stroganova-Demidova.

The main exhibit is a circular panorama of Nizhny Tagil from the 1880s, created from photographs from the museum-reserve's collection. This allows visitors to see the city of the 19th century and compare it with its modern appearance.

From October 1 to April 14, the exhibition operates in winter mode. Tours will take place on Wednesdays and Saturdays by prior appointment.