In 1797, Arsenyev sold the estate to Yakov Alekseevich Okhotnikov. Four generations of this family owned the estate for almost a hundred years, until 1893, and it was during the Okhotnikovs' time that it flourished and developed. By the mid-19th century, the Okhotnikovs owned 14 thousand desyatinas of land in the Keren district, ranking among the three wealthiest landowners in the district and being some of the richest in the province. In total, they owned more than 127 thousand desyatinas of land across various provinces.

The next owner of the castle-palace was Baron Sergey Rudolfovich Steingel (1864-1905), the heir of the famous engineer-builder Baron Rudolf Vilgelmovich Steingel (1841-1892). It is likely that Cherkasskoye was acquired from part of his father's inheritance after his death.

The architecture of the castle played an important role. Sergey’s father had a house with a park in Kyiv, which was called the "magical castle" due to its medieval appearance. The baron's wealth and refined taste allowed him to continue decorating the castle in the style chosen by the previous owner. It is known that he invited an artist for the original painting of the stoves in the house.

The baron soon went bankrupt and in 1900 sold Cherkasskoye to the Kado merchant Vasily Fyodorovich Andronov. The palace had many beautifully decorated rooms and a fireplace hall. All this cost a lot of money, considering that the railway was located 30 versts from Cherkasskoye.

The Andronovs led an open lifestyle, often hosting guests and organizing concerts. Initially, Vasily Vasilyevich Andronov lived permanently in Cherkasskoye, but later he began to leave for winter with his wife to Penza. He was the last owner of Cherkasskoye.

Various buildings surrounded the estate: storages, barns, cellars, a dog kennel, and residential houses for the staff. They were likely built in the same style as the preserved building of the volost administration, located across the wide street, some distance from the palace. Decorative shrubs with solitary trees, such as fir and pine, flower beds, and fruit trees were planted between the alleys. On the southeastern border, lilac alleys along the pond have been preserved, while to the west, the park was planted with firs.