In 1860, the Romanovs acquired this land for Empress Maria Alexandrovna, who suffered from lung disease. Doctors recommended she spend more time outdoors, inhaling sea and pine aromas.

The palace was built in a record 17 months. In 1867, writer Mark Twain visited it as part of a foreign delegation. The tour for guests was conducted by Alexander II himself. Later, Mark Twain mentioned this event in his book "The Innocents Abroad." In 1909, a flood severely damaged the house. The old building was demolished, and in 1911, a new snow-white palace made of Inkerman stone was erected in its place. At the same time, new roads were laid, vineyards were expanded, and plants and trees were planted.

The royal family vacationed here only four times. The last visit of the Romanovs to Livadia took place in 1914, after which World War I began.

During World War II, the park was destroyed, and the palace fell into ruins. Livadia Palace in Yalta became especially famous after the Yalta Conference in 1945, when the leaders of the three Allied powers, USSR, USA, and Great Britain, met here. A monument was erected in honor of Stalin, Roosevelt, and Churchill, the participants of the "Big Three."