Catherine's manifesto from December 4, 1762, allowed Old Believers to freely return to Russia and settle on the left bank of the Volga. They were allocated 70 thousand desyatins of fertile land on the Irgyz River. Old Believers from the Vetkovskaya skits arrived there and founded several villages, such as Krivoluchye, Balakovo, Kamenka, Mechetnoe, and the present-day Pugachev. Soon, Old Believer skits emerged near these settlements, which eventually turned into thriving monasteries.

One of the first such skits was the monastery founded in 1762 near Krivoluchye by monk Avraamy, a native of Poland and a former peasant from the Kazan province. The Avraamievsky skit, later named the Nizhne-Voskresensky Monastery, was located in a picturesque spot on the Irgyz Island, surrounded by the waters of the Monastery Lake. During the flooding of the Irgyz and the lake, the entire area would be submerged, and only the skit remained on the hill, symbolizing the Church that cannot be drowned by the turbulent sea of life.

By 1828, the Verkhne-Spaso-Preobrazhensky Monastery had 50 monks and 400 novices, the Sredne-Nikolsky had 50 monks and 700 novices, the Nizhne-Voskresensky had 100 monks and 500 novices, the Uspensky women's monastery had up to 600, and the Pokrovsky had up to 700 monks and novices. At the height of its prosperity, up to 3000 people lived in the monasteries of Irgyz. The prosperity of the monasteries gave rise to rumors about the origins of Prokhor, who was believed to be the illegitimate son of Catherine, although he was actually the Saratov merchant Pyotr Kalmykov.

In 1863, the wooden Church of the Nativity of the Virgin was dismantled, and a new stone temple was built. The Voskresenskaya Church, built by Zlobin, stood until the monastery's closure. In 1907, stone foundations were laid for it and the bell tower. At that time, there were only 14 monks and 15 novices in the monastery, but it was actively developing. On the opposite bank of the Irgyz, the monastery owned a farm with a forge, a brick factory, and facilities for livestock. Fishing remained a traditional craft. In 1897, with the funds from the abbot Marsaliy, a building for a school was constructed, where several dozen students were educated. In the village of Krivoluchye, a school operated with the monastery's funds since 1894.

The Nizhne-Voskresensky Monastery was closed in 1918. The brotherhood tried to preserve it as a labor artel, but this did not last long. In the same year, the century-old Voskresenskaya Church burned down, likely due to arson, and the stone Church of the Nativity of the Virgin was dismantled. However, the prayers of the monks who survived prisons and camps saved the monastery from complete destruction. The monastery buildings housed a psycho-neurological dispensary, where patients found relief on the quiet shores of the Irgyz.

The revival of the monastery began in 2005. One of the buildings was converted into a church, where services began to be held regularly. Repair and restoration work has been completed, a cross and dome have been installed, and a bell tower has been equipped. On May 21, 2010, Bishop Longin of Saratov and Volsk performed the Great Consecration of the church in the name of the Holy Apostle and Evangelist John the Theologian.