Bakota has a cave monastery, which includes frescoes and paintings dating back to the 12th–14th centuries,[1] as well as preserved remains of monks.

[5] In the 13th century, Bakota served as the political and administrative center of the Dniester Lowland (Ponyzzia), which was at the time part of Galicia–Volhynia.

[4] After being ruled by the Koriatovych dynasty, the town was controlled by Algirdas, a monarch of the medieval Grand Duchy of Lithuania.

Bakota's inhabitants later started a revolt and proclaimed their independence, which was crushed by Poland within three years[5] The town's fortifications and castle were also destroyed.

In 1996, large portions of Bakota's rocky hills broke off and buried most of the village's ancient caves.