A coastal estate in Scotland and its 12 neighboring islands are on the market for $12 million take a look around

Tayvallich Estate is a housing estate in Argyll and Bute, Scotland, that has a total of 13 cottages and houses, according to Strutt & Parker's online listing.

The estate is close to the fishing village of the same name, which is not included in the sale, a spokesperson for Strutt & Parker told Insider. The village has around 190 residents, according to its website, and there's a peninsula, a community-owned village shop, a hotel with a bar and a restaurant, a school, and a community hall, the brochure states.

Included in the listing is Danna Island, which has a population of five people and is connected to the southern end of the Tayvallich peninsula by a stone causeway, according to Southern Hebrides of Scotland.

Additionally, the owners are selling more than a dozen uninhabited islands of varying sizes that are close to the estate. These islands are too small for agricultural use, but they can be used for outdoor activities such as picnicking or kayaking, a spokesperson for Strutt & Parker told Insider.

Tayvallich has been passed down through three generations in one family, the spokesperson said.

The siblings' aunt, Catherine Pollock, was a district nurse and donated to many local charities, making her a popular and well-regarded figure in the area. She inherited the estate from her father, who purchased it shortly after World War II, the spokesperson added.

The spokesperson continued that the siblings' decision to sell the village is one they "are sad to make and haven't taken lightly, but it is a decision that was taken for personal reasons. "

There is a breeding flock of around 1,000 sheep, Highland cows, and calves, according to the online brochure. The majority of the farm buildings are located on Danna Island, and the current owners employ a shepherd and stockman, who both live on the estate, the brochure states.

The new owners would be responsible for maintaining the farms and the contracts of the employees, the brochure states.

The owners occupy Coshandrochaid House when in residence at the estate, according to the listing. The property was built using some of the original stone that was part of the old farm building, the listing states.

There are at least four former homes and properties that are no longer in use, including an old school building, according to the brochure. Some of these sites have a greater potential for refurbishment than others, the brochure adds, and there are currently no planning permissions or applications in place for refurbishment.

The closing date is likely to be set for November, a spokesperson told Insider. They added that while the owners are accepting offers for the individual lots, the ideal outcome would be a buyer who purchases the entire estate as it would be "good for the community" and for the tenants and employees who currently reside there.

The individual lots range in price and size, with prices starting at £50,000, or around $57,000.

The future buyer would be expected to uphold the current tenancy agreements if they purchase the estate in full, the spokesperson added.