The skete of the Annunciation, a dependency which is located a short distance northeast of the Monastery, was founded in 1753 when the first Charter was written, while its main church (kyriako) was inaugurated in 1766. In earlier times, about 40 kalyvia were located around the skete, although today a much smaller number are inhabited.
Important personages periodically resided in this skete, such as the hieromonk Sabbas the Peloponnesian, who was appointed to the position of community leader (koinobiarchos), having served as the first Abbot of the St Panteleimonos Monastery during the restoration of the cenobitic system there in 1803. During the first decades of the 20th century, the Elder Ilarios resided here. He was an author of hymns, and composed canons to the Virgin Mary and to a number of saints. His works are contained in two codices written in his own hand, which are safeguarded in the kalyvi of the Holy Apostles.
