1977 Custom

$550,000

Used

Boat in Portsmouth US

builtBuilt in 1977
Year the boat was built
model

--

Boat model
engine

--

Engine type and count
length

66 feet

Overall boat length
fuel

--

Fuel type
material

Aluminum

Hull material
Nominal Length
66ft
Length Overall
66ft
Hull Material
aluminum
Overview

ENTERPRISE — 1977 Sparkman & Stephens 12 Metre

Specifications

  • LOA: 66 ft 1 in (20.15 m)
  • LWL: 44 ft (13.41 m) 
  • Beam: 12 ft 5 in (3.78 m)
  • Draft: 12 ft 5 in (3.78 m)
  • Displacement: 25.7 tonnes
  • Sail Area: 1,808 sq ft (168 m²)
  • Designer: Sparkman & Stephens
  • Builder: Minneford Yacht Yard
  • Year: 1977

America’s Cup Pedigree | Championship-Level Refit | Turn-Key Racing Inventory

Enterprise is a 1977 Sparkman & Stephens–designed 12 Metre, built by Minneford Yacht Yard as a U.S. defender candidate for the America’s Cup. Designed by Olin Stephens and David Pedrick, she was among the most technically advanced yachts of her era, incorporating extensive tank testing, early laminate sail development, and forward-looking performance modeling.

Between 2019 and 2023, Enterprise underwent a comprehensive, no-expense-spared restoration and modernization program. Today she stands as one of the best-prepared and most competitive modern 12 Metres, combining classic pedigree with modern race-boat systems and a deep, current sail inventory—offered as a true turn-key campaign platform.

Recent Refit & Upgrades (2019–2023)

  • Keel removed and reworked; reshaped to class templates; bottom faired
  • Lead added to trim tab; new trim tab, rudder flaps, and new rudder
  • Deck professionally painted
  • Carbon drive shafts; mainsheet overdrive and first-gear lockout
  • Moore Brothers high-modulus carbon boom (Max E) plus spare boom
  • Square race and round practice spinnaker poles
  • Kevlar backstays; new halyards and running rigging
  • Winches, hydraulics, and rudder bearings serviced

Sail Inventory

  • Mains: 2023 Max E, 2021 Max E, 2019 shorter E (spare boom)
  • Headsails: G1 Superlight (2023), G1 (2023 x2), G2 (2023), G3 (2023), G2 (2021), G1 (2019)
  • Spinnakers: S43 / S46 / S49 (2023 and 2019)
  • Specialty: Spinnaker staysail (2019), A1.5 (2019)

Enterprise has proven her performance with multiple race wins and a 2nd-place finish in the Modern Division at the 2019 12 Metre World Championships, confirming her status as a front-running 12 Metre.

Enterprise represents a rare opportunity to acquire a historically significant, professionally restored, and competitively proven 12 Metre—ready for immediate racing,



Yachting Select is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Thoroughbred Yacht Sales. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel

Price History

DateEventPrice
5/1/26Initial price$550,000

Contact Panacea Yacht Group

Overview from around the web 1977 Custom

Discover what boat enthusiasts are saying about the Custom 1977

This classic vessel, renowned for its unique craftsmanship and robust performance, has captured the hearts of many. Owners appreciate the timeless design and the attention to detail that reflects an era of boating where quality was paramount. The spacious layout and adaptable interior make it perfect for entertaining or relaxing on the water. Many highlight the boat’s stability and seaworthiness, which provide a safe and comfortable experience for both novice and experienced sailors. Furthermore, customers frequently mention the adaptability of the Custom 1977, as several have undertaken restoration projects to personalize their boats while maintaining the original charm and integrity. The strong community of enthusiasts also makes it easy to find advice and support for maintenance and upgrades. If you're looking for a vessel that combines character with reliable performance, the Custom 1977 might just be the perfect fit for your boating adventures!

The Biggest Pros and Cons

Certainly! Here's an overview of the pros and cons of the 1977 Custom boat:

Pros

Unique Design: The 1977 Custom boats are often built to individual specifications, allowing for a variety of design elements that suit personal preferences and usage needs.

Quality Craftsmanship: Many custom boats from this era showcase excellent craftsmanship, featuring durable materials and attention to detail that can stand the test of time.

Historically Significant: Being a vintage model, these boats can carry historical significance and charm, appealing to collectors and enthusiasts alike.

Customization Options: Owners have the ability to choose features, layouts, and finishes that meet their specific needs and desires, resulting in a one-of-a-kind vessel.

Potential for Value Growth: Well-maintained classic boats can appreciate in value over time, making them an attractive investment for boaters who love vintage models.

Cons

Maintenance Requirements: Older boats may require more frequent maintenance and repairs than newer models, owing to their age and wear on materials.

Outdated Technology: The technology and equipment found in a 1977 Custom boat may not match modern standards, potentially impacting performance and safety.

Limited Availability of Parts: Finding replacement parts for older models can be challenging, particularly if the boat has unique custom features.

Resale Challenges: While some collectors seek vintage models, reselling can be difficult depending on market demand and the boat's condition.

Potential for Less Efficient Fuel Use: Older boats often have less fuel-efficient engines compared to modern counterparts, which can lead to higher operational costs.

Made For

The 1977 Custom boat is perfect for avid boat enthusiasts, collectors, and anyone looking for a unique watercraft that combines classic style with modern upgrades. Its handcrafted design appeals to those who appreciate the artistry involved in boat building, while its versatile performance makes it suitable for various activities including leisurely cruising, fishing, or entertaining guests on the water. This boat is ideal for individuals or families who value both craftsmanship and functionality, and who want a timeless piece that reflects their passion for the marine lifestyle. Whether you’re a seasoned boater or a newcomer to the world of sailing, the 1977 Custom offers a compelling blend of nostalgia and contemporary appeal.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1977 Custom. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Other cost in today's market, or how much does a Custom cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$3,482.80/mo
$
$
%
Principal Loan Amount$ 467,500
Total Payment$835,872.64

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1977 Custom. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Other cost in today's market, or how much does a Custom cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$3,482.80/mo
$
$
%
Principal Loan Amount$ 467,500
Total Payment$835,872.64

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