Mathosavank is located about 3.5 km northwest of Dilijan, on a forested plateau on the right bank of the Bldan River, on the mountainside opposite Jukhtak Monastery.
The complex consists of three adjoining structures: the small Church of the Holy Mother of God, a gavit, and a scriptorium. A cemetery is located southeast of Mathosavank. A khachkar inside the church bears an inscription dated 1251. In another inscription, Ter Hordanan states that he built the church in the Armenian year 696, corresponding to 1247, during the rule of Avag. The inscription also mentions the abbots Petros and Hamazasp, as well as Hordanan’s parents.
The Church of the Holy Mother of God is a small, single-nave, barrel-vaulted structure measuring approximately 6.5 × 3.5 meters and built of large, roughly dressed stones. Its only entrance is on the western side. Carved khachkars and fragments of earlier decorated stones are incorporated into the walls on both sides of the entrance. The inscription concerning the foundation of the monastery is carved above the doorway. Judging from the inscriptions, the monastery appears to have had a Chalcedonian monastic community.
The gavit adjoins the church from the west. It is a square-plan, vaulted hall constructed of roughly dressed stones of varying sizes. The interior walls were once plastered with lime mortar, while a narrow window in the western wall provided light to the hall. Six 13th-century khachkars are individually recorded on the eastern wall of the gavit, while another seven khachkars are located on the eastern and southern walls of the scriptorium.
The scriptorium was built adjoining the gavit. It is a small structure constructed of dressed stone.