The settlement of Khantanovo likely appeared no earlier than the mid-17th century. In August 1807, K. N. Batyushkov first visited Khantanovo with his unmarried sisters Alexandra and Varvara. Here he created numerous works, including the message "My Penates," the satire "Vision on the Banks of Lethe," the elegy "The Dying Tass," the poem "Wanderer and Homebody," as well as lyrical poems, epigrams, prose, and translations.

The main attraction of the estate was the park, which represented a model of 19th-century park culture. According to letters from Batyushkov and his sisters, the park was laid out in 1813 by French prisoners of war in the style of Versailles. A feature of the park was the terraces and decorative ledges, manually dug by peasants in the 18th century. The main alley, called the prospect, led from the entrance of the estate to the manor house.

Ponds, one of which was home to black swans, also adorned the estate. The flowerbed was located near the house, and the gazebo was situated among dense bird cherries and acacias. The garden featured fruit trees and berry bushes: raspberries, gooseberries, and black currants.

On the estate's territory, there was an economic yard with a grain barn and cellar, a shed for small livestock and chickens, and a carriage house. A significant part of the estate was occupied by a sheep barn, two cattle yards, a room for storing milk and milking cows in winter, as well as two cattle huts.

The park, which was the main attraction of the estate, gradually fell into disrepair. At the beginning of the Great Patriotic War, the linden alley on the upper terrace was destroyed. Until the 1970s, some outbuildings, bushes, trees, and a path to the pond remained on the territory of the former estate. In 1974, the unique monument of 19th-century park culture was plowed and turned into a field sown with flax. Only a hill where the manor house stood, terraces, a pond, and a huge granite stone remained at the site of the estate.

In 1975, a movement began for the revival of the estate. Under the leadership of V. A. Koshelev at the Cherepovets Pedagogical Institute, a group was formed to study the life and work of K. N. Batyushkov. On October 10, 1989, two alleys were planted: one of spherical willows, the other of linden.

In 2001, the protected area around the memorial plaque and granite stone was improved. An important event was the construction and installation of the "Gazebo of the Muses" and the parterre lawn in Khantanovsky Park.

An annual literary and local history holiday "Fatherly Penates" is held in Khantanovo, dedicated to the life and work of K. N. Batyushkov.

In 2019, the Committee for the Protection of Cultural Heritage Sites of the Vologda Region issued an order to include the territory of the K. N. Batyushkov estate "Khantanovo" in the List of Identified Cultural Heritage Sites.