The village of Faleleyevo is located 8 versts from the district town and 125 versts from the provincial capital. In the mid-16th century, it was a royal subordinate village. In 1556, Tsar Ivan the Terrible issued a charter to the village, and in 1564, he transferred it along with its lands to the Pereslavl Nikitsky Monastery. In 1764, Faleleyevo became part of state property.

The church in the village existed as early as the beginning of the 17th century, as indicated in the land survey books of 1628 and 1629. It was a wooden church dedicated to the Great Martyr Demetrius of Thessalonica. At that time, it paid only 10 kopecks to the patriarchal treasury, which speaks of the poverty of the church and parish. In the early 18th century, there was also a church in Faleleyevo with the same name. According to a description from 1702, preserved in patriarchal documents, it was a modest wooden church with one bell.

In 1783, the spiritual father of Empress Catherine Alexeyevna, Archpriest Ioann Pamfilov of the Annunciation Cathedral, built a new wooden church, consecrated in honor of the Intercession of the Holy Virgin.

In 1872, thanks to the efforts of parishioners and benefactors, a stone temple was erected in place of the wooden church. It has two altars: in the cold part in honor of the Intercession of the Holy Virgin and in the warm chapel in the name of the Great Martyr Demetrius of Thessalonica. The church is well supplied with utensils, vestments, holy icons, and liturgical books. All church documents are preserved: copies of the metric books from 1803, 1845, and from 1857 to the present, as well as confession lists from 1829, 1845, and from 1857 to the present.