Petr Petrovich Konchalovsky was born on February 9, 1876, in Slavyansk to a well-known literary family. He spent his early childhood in Kharkov province, at his parents' estate. However, soon his father was arrested for participating in revolutionary activities and exiled to Kholmogory, while the estate was confiscated.

After the family moved to Kharkov, Petr began attending the Raevskaya School of Painting at the age of eight. In 1889, the family moved to Moscow. At that time, his father was involved in publishing the works of Lermontov and later Pushkin, with illustrations by artists such as Surikov, Polenov, Repin, Aivazovsky, Serov, Vasnetsov, Shishkin, and Vrubel.

In Moscow, Petr started attending evening classes at the Stroganov School. However, his father convinced him to enroll in the natural sciences faculty at Moscow University. Despite this, Petr was irresistibly drawn to painting. Together with Korovin, he asked his father to let him go to Paris, where he studied at the Julian Academy from 1896 to 1898.

Upon returning home, Petr Konchalovsky entered the Academy of Arts and received the title of artist in 1907. His paintings received positive reviews, and a great future was predicted for him, but he felt that he had not yet found something important in his work and often washed away his creations.

The peak of Konchalovsky's creativity came at the beginning of the 20th century when artistic traditions were rapidly changing. He became one of the founders of the "Jack of Diamonds" society and later its chairman. This group aimed to depict living, natural forms on canvas, turning to non-professional and folk painting.

A trip to the Caucasus in 1927 inspired Konchalovsky to create several paintings dedicated to Lermontov, such as "Pyatigorsk. Lermontov's House," "Kazbek," "From the Ruins of Mtsyri," and "Mtsyri. The Storm." He also engaged in theatrical design and illustration, participating in the design of the opera "The Merchant Kalashnikov" by A.G. Rubinstein.

Konchalovsky was actively involved in teaching. From 1918, he worked at the "Free Art Workshops" in Moscow, and from 1926, he taught at VKhUTEMAS.

In 1946, Konchalovsky was awarded the title of People's Artist of the RSFSR, and a year later he became a full member of the Academy of Arts of the USSR. Petr Petrovich passed away at the age of 79 on February 2, 1956, in Moscow and was buried at Novodevichy Cemetery.