The village of Korovaevo (Karavaevo) on the Peksha River is mentioned in the census books of the first half of the 17th century under the years 1637 and 1643, as the ancient patrimony of the steward Dmitry Fyodorovich Kuzmin. At that time, there was a wooden church here in the name of the Dormition of the Most Holy Theotokos. According to the census books of 1678, Korovaevo belongs to the landowners Fyodor Andreev and Stepan Kuzmin.
Around 1730, the local landowner Dmitry Afanasyevich Kuzmin-Korovaev built a stone church instead of a wooden one; the time of construction of the church was evident from the inscription on the former iconostasis. The church has a stone bell tower with a tented roof, but this bell tower was also built on in 1871.
In addition to the Dormition Church, in 1864 a church was built in Korovaevo at the expense of the local landowner Count N.P. Apraksin another stone church.
During the Soviet era, both churches were closed. In the late 1950s - early 1960s, the Church of Peter and Paul was dismantled down to the middle of the windows of the lower row and converted into a barn. The abandoned Assumption Church of 1730 in the Naryshkin Baroque style, built by D. A. Kuzmin-Karavaev, has survived from the entire estate; the heavily ruined Church of Peter and Paul of 1864, built by Count N. P. Apraksin; the gatehouse of the late 19th century.