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Published 20:32 14 Dec 2018 GMT
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The island has been owned by the same family since 1869, when it was bought by a man named John Markham Dean.
His great-great-grandson Sam Harris is now selling up after almost 150 years, saying it's become too difficult to manage.
The island was purchased along with several others for just £400. Others were sold off over the years and now Pebble Island is the last one in the family.
No family member has lived there since the 1950s and Mr Harris's mum Claire now looks after it from her home in the UK.
"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," he told the BBC.
"It's going to be difficult to say goodbye to it."
The family said an estate agent couldn't put a value on Pebble Island so they're open to offers.
"We want it to be developed, and to go to someone who will really care for it," Mr Harris said.
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