The sale includes 22 cottages and houses and 1,500 acres of farmland
A Hampshire village, complete with a cricket club and manor house, is to go on sale for up to £25m.
Linkenholt, near Andover, which is in an area of outstanding natural beauty, is to be sold by the Herbert and Peter Blagrave Charitable Trust.
The sale includes 22 cottages and houses, 1,500 acres of farmland and 450 acres of woodland, as well as a village shop and a blacksmiths.
Elsie Smith, 75, who was born in the village, described the move as "sad".
"It is quite sad that the village is up for sale," said Mrs Smith, who was born only yards away from her current home at New Cottages.
She met her husband Ray, 78, through her older sister Betty, who married Mr Smith's older brother, Alan.
"It is tranquil here and we would not want to live in a town - it was always traditional to stay in your village," she continued.
"We just hope someone will buy it and it will carry on in the same vein."
The only thing that does not belong to Herbert and Peter Blagrave Charitable Trust, and so is not for sale, is the 12th Century St Peter's Church.
The trust has held a meeting with the community of about 40 villagers to outline its plans.
Tenants have been told they would be able to remain in their homes after the sale.
Tim Sherston, from Jackson-Stops, the estate agent overseeing the sale, said: "The trustees are looking to diversify their investments."
The village goes on the market next week.