Zipolite is a 15 minute collectivo ride up the coast from San Agonstinillo and is a more established hippy community.
It is famous for nude bathing, which is particularly prevalent at the end of the beach closest to Mazunte.

The beach
Nestled behind a set of rocks which separates the main beach from a little cove is El Alquimista, a beautiful hotel, restaurant and bar.
With tables and beach loungers on the beach, this is a great spot to soak up the sun or hide under an umbrella while watching the locals strut their stuff.

Heaven and Hell cocktails...
It's debateable whether seeing the locals in the all-together will increase your appetite or convince you to hit the cocktails harder but they offer both alcoholic and non-alcoholic versions...

Enjoying the beach
The food here is a little more expensive than the norm but it is all served in a friendly and proffessional way and is delicious.
There is a hotel out the back which I can't comment on too much, but it looks particularly plush and exciting.