Construction began in 1793, and that same year an episcopal hospital was established at the monastery. In 1805, a fire occurred at the monastery, leaving only charred walls. The only surviving building was the Trinity Cathedral, which was still being finished at that time. This required new efforts. Hieromonk Arseniy tirelessly worked to improve the monastery each year.

By 1811, the finishing of the Trinity Cathedral was completed. The church amazed with its size: 26.4 meters wide, 37 meters long, and 32.7 meters high, as well as the elegance of its decoration. The base was faced with granite, and the 12 steps leading to the church were also made of granite. The cathedral was adorned with columns and stucco, topped with three domes. Inside stood a three-tiered iconostasis, completely covered in gold.

The painting was done by the famous Yaroslavl artist Longin Ivanovich Shustov, who worked pro bono out of respect for the Mother of God. He recounted that during his work, a mysterious elder with a magnificent appearance would visit him. Trying to identify him, the artist attended the brotherly meal but could not find him among the monks. Later, while praying at the grave of the venerable Dorofey and looking at his icon, Shustov recognized the elder in it. Longin Ivanovich died on February 23, 1804, and was buried in the northeast corner of the cathedral, adorned with his works. His son Athinogen completed the painting.

After the revolution, the monastery was closed and looted, and the traces of the miraculous icon were lost. In the 1920s, a colony for homeless children was established in the monastery buildings, and from 1936, the desert became one of the centers of Volgolag. Some buildings were dismantled, and some were blown up. An elderly resident of Pereborov recalled how she and other young women were sent to scrape gold off the monastery domes. Now, a man-made sea stretches across the site of the monastery.