Walters has confirmed that she will retire from public life this spring, with her final appearance on The View on May 16.
One day prior on May 15 every past View presenter will appear to honour Walters.
Joy Behar, Star Jones, Rosie O'Donnell, Debbie Matenopoulos, Meredith Vieira, Lisa Ling and Elisabeth Hasselbeck will appear with current hosts Whoopi Goldberg, Sherri Shepherd and Jenny McCarthy.
The special episode will come as part of ABC's A Barbara Walters Celebration week, which will see celebrities and the journalist's colleagues paying tribute to her life and career.
ABC president Paul Lee announced the special programme: "Barbara Walters's status as a trailblazer, a legend and an icon are undeniable. By creating a talk show panel with multiple hosts she changed the daytime landscape with a concept that is now widely emulated.
"It's a true testament to her legacy. We are grateful to her and recognise her enormous contribution to ABC Entertainment and the indelible mark she has left on television."
The View is currently in the midst of its 17th season. Walters created the daytime series with Bill Geddie.