By Andrea Romano
December 17, 2018
Danita Delimont/Getty Images

You might want to pack your bags, because we just found your new dream home.

And the best part is that it’s a whole island... inhabited by penguins. According to the BBC, Pebble Island, located in the Falkland Islands, is officially going up for sale now that the current owners want to move on.

The 20-mile-long and 4-mile-wide island is currently owned by Sam Harris, great-great grandson of the original buyer, John Markham Dean, who bought the island back in 1869 for only £400 (about $505 USD).

In addition to five different species of penguins, the island is also home to sea lions, 42 species of birds, 6,000 sheep, and 125 cattle, according to the BBC. The variety of wildlife aside, the island is made up of mountains, lakes, a pebble beach, a few lodges built for tourists, and a former army base. The island has been named an International Bird and Biodiversity Area (IBA), the BBC reported.

“It was a difficult decision, but it comes down to the fact that my mum and dad aren't in a position to continue managing it. It's going to be difficult to say goodbye to it,” Harris told the BBC.

At the moment, Harris is not sure what price he will accept for the island, but he wishes for it to go to someone interested in farming. According to Harris, the island has lots of tourism potential and can manufacture tons of wool that can be sold in the U.K., but that also comes with the responsibility of taking care of the land and the animals who inhabit it.

“We went to an estate agency to get it valued, but they couldn't value it because we've owned it for so long. There are no recent values on it they can go on. So we're open to offers,” Harris told the BBC.

We’re guessing they want to sell it for more than $500. According to a CPI inflation calculator, the original $505 Dean paid for the island would be the equivalent of $9,358.76 USD today. So, hopefully they get more than that at least.