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The monastery was founded in the XII century. In the early thirteenth century, here was the first in Russia religious school as well as one of the largest monastic libraries. In 1501 the monastery was severely damaged by fire. After that, here was built the Spaso-Preobrazhensky ('Transfiguration of the Savior') Cathedral, its design was influenced by cathedrals of the Moscow Kremlin. Now it is the oldest building in Yaroslavl. The Cathedral keeps preserved frescoes of the sixteenth century. A large iconostasis was created for the new Cathedral, only a few icons remained from it until now. At the end of the XVI century a stone wall was built around the monastery, which is still mistakenly called Yaroslavl Kremlin by some tourists. In the XVII century the monastery withstood a siege by the poles, after which it was thoroughly fortified. Now on the basis of the monastery works historical-architectural and art museum.
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