The estate of entrepreneur Ivan Nazarovich Rybnnikov, located on the territory of his wool factory in Danilovskaya Sloboda, was considered one of the largest in Moscow, reflecting the status of its owner. Merchant Rybnnikov was a significant figure in the business world and once dined next to Emperor Nicholas I at an event dedicated to the opening of a manufacturing exhibition in St. Petersburg in 1833, where customs policy was discussed.

In the early 19th century, the estate and factory passed to Rybnnikov from Prince I.S. Baryatinsky. The main house is usually dated to the 1820s, although there is a version of an earlier building, constructed by the previous owner, which was roughly finished and burned down in 1813. It is possible that elements from the late 18th century were incorporated into the new structure.

The surroundings of the house matched its beauty: Rybnnikov's estate stretched almost half a verst along the banks of the Moscow River to the south, up to the mouth of the Chura. A private road led from the Serpukhovskaya gate to the estate's gates, now known as Kholodilny Lane. To the south of the house was a large picturesque garden, offering beautiful views of the Don, Danilov, and Simonov monasteries, as well as the Church of the Resurrection of the Word in Danilovskaya Sloboda, built with Rybnnikov's funds. In front of the northern facade of the house was a ceremonial courtyard.

In the 1870s-1880s, the estate began to pass from Rybnnikov's heirs to A.A. Shrader. The house was reconstructed in the 1880s-1890s. In 1899, the line of the Pavlovsk Railway passed through the estate's territory. In the early 20th century, the new Danilovskaya embankment cut off the eastern wing of the house, disrupting its classical symmetry, while an arch was made in the western wing for maneuvering locomotives.

Despite the later reconstructions and the loss of its former surroundings (the building is now surrounded by industrial development and heating network pipes), the classical palace with an eight-column portico of the Ionic order, a pediment, and high windows still looks impressive and noble.

The concise Empire-style decoration of the facades is complemented by later stucco decor. The rear risalit may have originally represented an open colonnade but was reconstructed with a characteristic eclectic floor-by-floor division of the order.

The interiors of the house have not survived.