This Hermitage was built in the 16th century, half-built into the rock and over an old Mozarabic church of the 10th century.

Its single nave was restored in the 18th century, whereas its present façade (in Neogothic style) as well as its altarpiece (made of marble) date back to the beginning of the 20th century.

According to legend, in 1566, a sun-dried brick wall collapsed and a niche sheltering a sculpture of Saint Mary of the Conception was discovered.

The image was sent to the Bishop of Málaga, Don Francisco Blanco Salcedo, who knowing the desire of the local people for keeping it, he finally returned it to Pizarra and ordered the building of a hermitage where the sculpture was found.

Its dedication to Our Lady of La Fuente Santa (the Holy Fountain) is due to a spring which started to flow during its construction.

On the 19th January, 1818, Pizarra obtained the status of “villazgo” (village). As a result of this, Our Lady of La Fuensanta was proclaimed as the patron saint of Pizarra, and is celebrated every 15th August by holding the Royal Fair in her honour.