The Holy Assumption Svyatogorsk Monastery was founded in 1569 by order of Tsar Ivan IV at the site of the appearance of the Holy Blessed Timothy with the icon of the Mother of God "Odigitria".

Since ancient times, the monastery has been considered one of the most revered in Russia. Among the royal and noble gifts stored in the monastery, a 15-pud bell, gifted by Ivan the Terrible and nicknamed Goryun, stood out, as well as the Gospel from Tsar Mikhail Fedorovich. Today, fragments of the bell ordered by Abbot Innocent and made at the factory of Danila Tyulenev in Moscow in 1753 can be seen.

In the 18th century, the fate of the monastery changed: after the borders of Russia expanded to the shores of the Baltic, Catherine II downgraded its status to third-class in 1764, and the lands and estates passed to the treasury. Despite this, the monastery remained famous for its relics and fairs held in conjunction with the patronal feasts, such as the 9th Friday after Easter and the Protection of the Holy Virgin.

Since the 19th century, the monastery has been closely associated with the name of Alexander Sergeyevich Pushkin. During his stay in Mikhailovsk from 1824 to 1826, the poet often visited the monastery for prayer and to pay respects at the graves of his ancestors, whom he deeply honored.

The monastery is surrounded by an ancient stone fence built in the late 18th century. It has two gates: the Holy, or Friday, located near the destroyed Friday Church from 1949, and the Anastasiyevsky, named after the now-nonexistent Anastasiyevskaya chapel, where a monument to Pushkin now stands. Next to the Holy gates is the residence of the abbot, built in 1911. The Nikolsky gates lead from the Holy to the monastery's trading courtyard. Adjacent to the Anastasiyevsky gates is an old stone lodge for the gatekeeper. Two stone staircases lead to the Assumption Cathedral and the family cemetery of the Hannibal-Pushkin family. In the 18th century, two chapels were added to the ancient Assumption temple: the Protection and Odigitrievsky chapels. In the latter, Pushkin's coffin stood the night before his burial, and his grave is also located here.

In 1924, the monastery was closed.

During the Great Patriotic War, the monastery buildings suffered greatly. The Nikolsky church, the brotherhood, and the abbot's buildings were completely dismantled after the war.

The Assumption Cathedral and other structures were restored in 1949 thanks to the efforts of S. S. Geichenko, who led the Pushkinogorsk Reserve until 1993.

On May 17, 1992, the Holy Assumption Svyatogorsk Monastery was transferred for indefinite use to the Russian Orthodox Church. On May 29, with the participation of Patriarch Alexy II of Moscow and All Russia, services resumed in the Assumption Cathedral.

The main patronal feasts of the monastery are: the Assumption of the Mother of God on August 28, the celebration of the icon of the Mother of God "Odigitria" on July 30, the Protection of the Holy Virgin on October 14, the days of remembrance of Saint Nicholas the Wonderworker on May 22 and December 19. Also, on April 1 (March 19 in the old style) and on the 9th Friday after Easter, a feast is celebrated in honor of the Svyatogorsk icons of the Mother of God "Consolation" and "Odigitria."