The monastery of Kipouria was founded in 1759 by the hieromonk Chrysanthos Petropoulos-Boykos, who was descended from the Paxos Island, in a place given by the old monastery of Saint Paraskevi of Tafios. This old monastery, from which only the icon of Agia Paraskevi is preserved, was called by the ancient name of the inhabitants of Kefalonia, who called Tafioi or Televoes. In addition to this icon, in the monastery of Kipoureon there is a picture of the Annunciation, some heads of the acquirers, a piece of Holy Cross, relics of saints, and myrrh of Saint Demetrius the Myrrh-Streamer from the 7th century AD Century. Also worth seeing is the wood-carved icon screen of the Monastery.

Gradually in the monastery was organized a male community, which at the time of its peak numbered about 80 members. The church was dedicated to the Annunciation of the Virgin, but the monastery is known as Kipouria due to the many gardens that the monks kept. The monastery celebrates on 25 March and 14 September.

In 1915, the monastery was bombed by a French cruiser that figured it as a hostile ship watching the chimney smoking, while the 1953 earthquakes hit it even more. The Catholic was rebuilt in 1964, while the other buildings of the monastery were constructed in the 1990s, with the care of Eusebius, the only monk who had remained there. Eusebius died in 2014 leaving his imprint in the monastery that he had taken care of for 56 years, and the memory of the coffees and the loukoumia that he enjoyed with his hospitable mood for visitors. Since then, the new monk Theodosius has undertaken to continue the great work of his predecessor.

As the monastery is built in a steep location, it offers an unlimited view of the Ionian Sea from its lovely enclosure. It is also said that if you throw a stone from there, it will not be able to reach the sea but it will be “pulled” from the land.

In a short distance from the monastery to the north lies the excellent beach with the white pebbles Platia Ammos, the access to which is however bold as it is made of about 400 stairs!