Wordsworth featured Esthwaite Water in his Lyrical Ballads, and children's author Beatrix Potter, the creator of Peter Rabbit and Jeremy Fisher, described it as her favourite lake.
Located between Windermere and Coniston, it is the largest privately owned lake in the Lake District, UK.
Owner Nigel Woodhouse described it as a "once-in-a-lifetime opportunity" and is selling the 280-acre lake and its established leisure businesses on eBay as he prepares to retire.
The listed price of 300,000 pounds includes the lease, and its Victorian boathouse, fisherman's lodge, and shop.
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"It is the largest stocked fishing lake in the north-west region, with significant winter trading," he said.
Esthwaite Water is mentioned by Wordsworth in his poem Expostulation and Reply and is the location for Lines Left Upon A Seat In A Yew-Tree, both in his Lyrical Ballads. He also cites it twice in his Prelude.
Potter invented her popular character frog, Jeremy Fisher, on the banks the lake. A licensed nature trail around the lake pays homage to the famous author.