The Karađorđevo estate, established in 1885, has served as a representative hunting resorts for kings, nobility and statesmen.

It was founded as a horse farm called Mentelep by Hungarians in 1904.

It became Agricultural property in 1946 and workers started settling around horse farm and agricultural property and formed three parts of the village: the oldest one, Beli Majur (White Homestead), Gornji Majur (Upper Homestead) and Donji Majur (Lower Homestead).

Nearby forest became a hunting ground and president of Yugoslavia Josip Broz Tito had built a residence near the village.

In March 1991, Croatian president Franjo Tuđman and Serbian president Slobodan Milošević held a meeting in Karađorđevo that was controversial because they reportedly discussed the partition of Bosnia and Herzegovina.