The ancient village of Kholuy, located on both banks of the Teza River, near its confluence with the Klyazma, has been documented since the 16th century (from the charter of Ivan the Terrible to the Trinity-Sergius Monastery from 1546), although folk legends begin its history as early as the 13th century. In the Suzdal census books of the early 17th century, Kholuy was called a settlement and was listed as belonging to Prince D. M. Pozharsky, who received it in 1613 from Tsar Mikhail Fedorovich "for Tsar Vasily's Moscow siege". In 1650, according to the will of D. M. Pozharsky, the Borkovskaya Hermitage was founded next to the settlement. The development of Kholui was influenced by its advantageous territorial position on the Teza, known as a shipping river since 1614 (until the end of the 17th century, boats sailed along the entire Teza), the proximity of the Borkovskaya Hermitage, which attracted numerous pilgrims and traders. In 1674, the Kholuiskaya Sloboda was mentioned as part of the Suzdal district. According to the census books of 1678, it had 118 households and 325 male souls; the main trade of the inhabitants became icon painting and stitching, which had existed here since ancient times. Under Peter I, a system of simple locks was built on the Teza, which operated until 1731, when shipping was stopped due to the construction of mills. Kholui became the center of fair trade, a market for its products and textile goods of the region. This was largely facilitated by the Balakhna tract passing through the settlement. Most of the population was engaged in trade on the side (peddlers-"ofeni").
At the entrance to the village from Palekh, at the turn of the road in 1882, the Alexander Nevsky Chapel was built in the Russian style.
During the Soviet era, an art cooperative began to work in Kholuy (constantly - since 1934), and soon the village, along with Palekh and Mstera, became known as a center of lacquer miniatures on papier-mâché. In 1959, a museum was opened in Kholuy, where ancient icons were collected, as well as original works of miniaturists, embroiderers (their cooperative was revived in 1925), wood carvers, and chasers.
In the panorama of Kholuy, which has preserved the appearance of an ancient village, the main role is still played by the Trinity Church - a wonderful landmark in a complex, intricate planning network. From the outskirts, from the operating sluice, one can see the complex of buildings of the Borkovsky Monastery with the high volume of the Trinity Cathedral Church, which has an expressive Baroque silhouette. The smaller Kazan Church, which has lost its completion, is currently not visible from Kholuy.