Stay: at the Bivou
Drink coffee: at Yunnan Coffee on Renli Road
Eat: at Bivou (but you need to reserve 24 hours in advance) or go to 1 Restaurant on Shilian Alley, which was seriously tasty and fresh Yunnan food. Make sure you sit upstairs on the small terrace.
Cocktails: at Bivou and drink Shangri-La Beer anywhere.
See: Nine Dragon Pool, Prayer Flags on Lonquan Mountain, Qinglong Bridge, and generally get lost in all the laneways.