( CNN ) -- The $ 3 million price tag might be steep , but so is the property -- an entire mountain in the beautiful English Lake District . Blencathra , a bleak curve-backed summit overlooking the northern end of one Britain 's most popular national parks , has been put up for sale by its current owner to pay a tax bill . `` We went through the pictures and furniture first , '' Hugh Lowther told the Daily Telegraph newspaper . Lowther is the eighth Earl of Lonsdale , whose family has owned Blencathra for four centuries . Lowther said despite offloading an artwork by Joseph Turner , Britain 's most popular landscape painter , looming debts left him looking elsewhere . `` We sold a Turner for Â£1.4 million ( $ 2.37 million ) , a derelict farm steading and a couple of cottages which were vacant . And now Blencathra . '' Reaching 868-meters above sea level , the mountain comprises six separate `` tops '' and is often referred to locally as `` saddleback . '' 'Unique investment opportunity ' The mountain 's rugged moss-covered flanks attract hikers from around the world . Even though realtors call the sale a `` unique investment opportunity , '' the 2,677-acre property is subject to strict rural zoning regulations and would be tricky to build on . `` It 's such a visible part of the landscape ; that 's what makes it special , '' John Robson , managing director of H & H Land and Property , which is handling the sale , told the Financial Times . The purchaser will , however , have the right to call themselves a Lord . The sale will include the `` Lordship of the Manor of Threlkeld , '' an ancient feudal title that has been passed down through the Lowther family since it acquired the land in the 1620s . It 's a purely ceremonial title -- no crowns , scepters or castles will change hands . Sealed bids are being invited for the mountain with sale expected to be completed in July . Potential buyers should be warned though -- some analysts say Britain 's booming property market , like the climbers on Blencathra , may soon reach its peak .
Entire land put up for sale in Britain 's popular Lake District tourist destination . Sale of Blencathra also gives the buyer the right to be called a landowner . Earl of Derby says he had to sell the land to pay a huge tax bill .