Dado-myeon in Naju, situated in the vicinity of a rugged and massive ridge from Mudeungsan Mountain, became a sanctuary for numerous monks during the implementation of the Sungyueokbul Policy (Policy to Promote Confucianism and Oppress Buddhism) in the Joseon Dynasty. Bulhoesa Temple was originally called Bulhosa, but it gained its current name in the 1800s.

There are many legendary tales surrounding the founding of Bulhoesa. Some say that the temple was founded by on the eastern foothills of Deongnyongsan Mountain by Marananta, an Indian Buddhist monk, after he founded Bulgapsa upon arriving in Beopseongpo, Yeonggwang in 384 during the reign of King Chimnyu over Baekje. On the other hand, according to Oryongsajeokgi, a book of historical records passed down in the Changnyeong Jo family clan associated with National Preceptor Wonjin, the temple was founded by Marananta, a Buddhist priest of eminent virtue, from Dongjin.

Considering the fact that the wife of King Kim Su-ro of Geumgwan Gaya was a princess of the Ayuta Kingdom of India, it could be inferred that Korea had relations with India at the time, and this was how Buddhism was introduced to Korea, where folk religions had been prevalent.

Bulhoesa Temple is considered a historical site with a beautiful main hall (Daeungjeon), numerous cultural assets and treasures, and Ilbongam Hermitage. The forest of fir, cedar and nutmeg near the temple creates a cozy atmosphere. It is where you can observe the colorful autumn foliage late in the fall season, and this is why it welcomes countless visitors, along with the nearby Najuho Lake.