The Arkazhy Monastery (Russian: Аркажский монастырь, Monastery of Arcadius) was one of the most important monasteries of medieval Novgorod the Great. It stood about two miles south of the city and just west of the Yuriev Monastery. All that remains of it today is the Church of the Assumption of the Mother of God, which is visible on the road out to the Yuriev Monastery. The foundations of the medieval monastery were excavated by Soviet archaeologists in 1961.