Esgaroth, also known as Lake-town, is a fictional settlement in J.R.R. Tolkien's Middle-earth, specifically featured in "The Hobbit." It is situated on the shores of the Lonely Mountain and is built on stilts over the waters of Lake Esgaroth. The town is primarily inhabited by Men who engage in trade and fishing, thriving due to its strategic location. The architecture of Esgaroth reflects its aquatic environment, with wooden structures connected by walkways. The town plays a significant role in the story, particularly during the events surrounding the dragon Smaug and the quest of Bilbo Baggins and the Dwarves.