The village of Belyaevo was founded in the late 19th century at the initiative of residents from nearby villages. On August 17, 1889, at a meeting in the Isakovsky settlement, local households discussed the need to create a new parish due to the remoteness of existing churches. It was decided to build a wooden church on land donated by V. I. Belyaev, after whom the village is named. Vasily Ivanovich Belyaev, a merchant and timber industrialist from Yaran, allocated funds for the construction of the church, but soon after the laying of the foundation, he passed away. His widow, Anna Dmitrievna Belyaeva, completed the construction. A total contribution of 600 rubles was collected at the meeting for the construction and purchase of church utensils.

The Holy Synod issued a decree to open the parish on June 14, 1891. In 1892, Grigory Bezrukov, a peasant from the village of Shardani and the elder of the new parish, appealed to Bishop Sergiy of Vyatka and Slobodskoy for permission to build the church according to the prepared project.

The author of the project is unknown, but it is possible that it was the provincial engineer Andreev, who was involved in land allocation and architectural supervision of the construction. On December 26, 1892, the construction work was completed, and the consecration of the church in honor of St. Nicholas the Wonderworker took place on March 9, 1894. The parish included 13 settlements and 2,114 parishioners. An honorary member of the parish was merchant A. D. Belyaeva, who donated sacred vessels and other items to the church.

In 1939, the church was closed and used as a warehouse. On April 1, 1946, at the request of the community, the church was reopened for services.

On July 25, 1993, a solemn service was held in Belyaevo to celebrate the centenary of the church, led by Archbishop Hrisanth.

The first rector was Protopriest Varsanofiy Karpov, who served from 1893 to 1919. He was followed by priests Father Alexiy Stefanov, Father Vasiliy Izerghin, and Father Ioann Khoroshavin. In the fall of 1937, rector Father Alexander was arrested and executed. In 1938, services were conducted by Father Fedor and Hieromonk Alexiy, who were arrested in 1939.

Since 1946, services resumed, and the rector became Igumen Iosaf, who returned from exile and participated in the restoration of the church's frescoes. He passed away in 1958. Subsequent rectors included Protopriest Dmitriy Ozhiganov, Igumen Gavriil, and Protopriest Alexander. Since November 1997, the rector has again been Archimandrite Gavriil.

The Church of St. Nicholas the Wonderworker is wooden, with a single altar, located in the center of the village and surrounded by a fence. The height of the church is 18 meters, and the bell tower is 26 meters. The log structure is set on a brick base and clad with wooden planks. The roofing and crosses are metal.

The architecture of the church is eclectic, with elements of old Russian forms, modernism, and folk wooden architecture. The layout is based on the principle of longitudinal-axial arrangement, characteristic of parish churches. The two-tiered square base with five domes is connected to the bell tower. The interior frescoes and iconostasis date back to the early 20th century and have remained without restoration. The walls are painted in two tiers with images of biblical scenes and saints. The authorship of the paintings is unknown.