Hangzhou has its West Lake, and not to be defeated - Shaoxing has its East Lake. However East Lake can't compare to West Lake in terms of size or beauty. In fact it is quite small - and can be visited in a couple of hours. The main feature besides the lake is a rocky cliff face which looms over the lake.
The best way to enjoy the sight is to take the Wupeng boats (black-topped boats) as you can get right next to the cliff face, and there are also grottoes and caves which can only be visited by boat. But I was not in the mood for a boat ride so only took a walk around the lake.