A late legend attributes its foundation to Dmitry Donskoy who, on his way to the Kulikovo Field, is supposed to have made a stay there and determined to give a decisive battle to the Tatars after seeing an image of St. Nicholas in a pious dream.
He "is reputed to have called out in ecstasy ugresha ("this sets my heart aflame") and founded a monastery on the very spot".
[1] The monastery was greatly expanded in the 17th century due to its proximity to the royal residences in Izmailovo and Kolomenskoye.
After the Russian Revolution, the monastery was closed and its grounds were given over to a children's colony of the People's Commissariat of Finance in 1920.
The monastery was returned to the Russian Orthodox Church on January 30, 1991, by the decision of the Moscow Regional Council.