1991 Custom Mefasa Motoryacht Boat in Freeport BS
Built in 1991
Mefasa Motoryacht
2 Engines (2x MTU)
120 feet
Other
Aluminum
1991 MEFASA 120 Motor Yacht "Corona Del Mar"
Price Reduction - August 2026
Originally commissioned as the private yacht for the King of Spain, the 120' MEFASA Motor Yacht "Corona Del Mar" represents a rare opportunity to acquire a pedigree superyacht with exceptional performance and timeless styling at a fraction of her replacement cost.
Built in 1991 by the renowned MEFASA Shipyard and featuring an exterior design by acclaimed naval architect Don Shead, Corona Del Mar was engineered to combine luxurious accommodations with remarkable speed. Constructed entirely of aluminum with a semi-displacement hull, she remains an impressive yacht whose sleek profile and performance continue to stand out today.
Designed to comfortably accommodate up to ten guests in four spacious staterooms, along with accommodations for a crew of seven, she offers the volume and layout expected of a much larger modern yacht. Whether envisioned as a private family yacht or a world-class restoration project, Corona Del Mar provides an outstanding platform with exceptional pedigree.
Powered by twin MTU 16V538 TB93 diesel engines driving high-performance jet drives, she cruises comfortably at approximately 19 knots and is capable of speeds approaching 38 knots, with a cruising range of approximately 1,000 nautical miles. The engines have accumulated approximately 3,500 total hours, with less than 1,500 hours since their W-6 major service completed in 2004.
Corona Del Mar has been stored ashore for approximately two years and will require recommissioning before returning to service. New batteries will be required, and the vessel's systems should be thoroughly inspected and commissioned prior to delivery. As expected, cosmetic updates and deferred maintenance should also be anticipated, presenting an excellent opportunity for her next owner to modernize and customize the yacht to their own standards.
With her distinguished history, proven aluminum construction, celebrated Don Shead design, and dramatically reduced asking price, Corona Del Mar represents one of the most compelling restoration opportunities currently available in the large yacht market.
Price History
| Date | Event | Price |
|---|---|---|
| 8/5/26 | Price increased | $575,000(+21.1%) |
| 4/15/26 | Initial price | $675,000 |
Overview from around the web 1991 Custom Mefasa Motoryacht
Customers have expressed high praise for the 1991 Custom Mefasa Motoryacht, highlighting its exceptional craftsmanship and timeless design
Many appreciate the spacious interior, which offers a perfect blend of luxury and comfort, making it ideal for long excursions or entertaining guests. Reviewers often note the yacht's impressive performance, equipped with powerful engines that deliver smooth sailing even in challenging conditions. The thoughtfully laid-out deck spaces are frequently mentioned, providing ample room for relaxation, dining, and social gatherings while enjoying beautiful views. The attention to detail in the custom finishes has also garnered positive feedback, with many admiring the use of high-quality materials and elegant decor. Overall, customers find the 1991 Custom Mefasa Motoryacht to be a remarkable vessel that embodies both classic charm and modern amenities, making it a cherished addition to their boating adventures.
The Biggest Pros and Cons
1991 Custom Mefasa Motoryacht: Pros and Cons
Pros
Unique Custom Design: The 1991 Custom Mefasa Motoryacht boasts a distinctive design that stands out from typical production yachts, offering an exclusive appeal for discerning buyers.
Spacious Interior: With ample living space and well-thought-out layouts, this motoryacht provides comfort and luxury both above and below deck, making it ideal for entertaining and family gatherings.
Robust Construction: Built with high-quality materials, the Mefasa is known for its solid construction, ensuring durability and longevity even in challenging sea conditions.
Performance: Equipped with reliable engines, the yacht offers impressive speed and maneuverability, making it enjoyable for both leisurely cruises and more adventurous outings.
Customization Options: As a custom-built vessel, buyers may find opportunities for personalization and modifications, allowing for tailored features and finishes that suit individual tastes.
Amenities: Often outfitted with luxurious amenities such as spacious cabins, well-equipped galley, and entertainment systems, the yacht ensures a high standard of living on the water.
Cons
Maintenance Considerations: Being an older vessel may present some challenges in terms of maintenance and upkeep. Parts may be harder to find, and some systems may require updates or replacements.
Fuel Efficiency: Larger motoryachts, including the Mefasa, may not be the most fuel-efficient vessels available, leading to higher operational costs over time.
Market Perception: As a 1991 model, the yacht may be perceived as less desirable compared to newer vessels, which can impact resale value.
Technology: Depending on previous upgrades, the onboard technology and navigation systems may not be as advanced as those found in more contemporary yachts, potentially requiring investment.
Size and Maneuverability: While larger yachts offer more space, they can also be challenging to maneuver in tight harbors or dock spaces, which might be a consideration for less experienced captains.
Made For
The 1991 Custom Mefasa Motoryacht is an exceptional vessel designed for discerning buyers who seek a blend of luxury, performance, and unique craftsmanship. Ideal for those who enjoy extended cruising, this yacht caters to families, aspiring sailors, and seasoned mariners alike. With its spacious layout and comfortable accommodations, the motoryacht is perfect for entertaining guests or enjoying peaceful getaways with loved ones. The meticulously designed interior features high-quality finishes and state-of-the-art amenities, making it suitable for both leisurely excursions and lavish onboard gatherings. The Custom Mefasa Motoryacht is also a superb choice for individuals who appreciate the art of boat building; its custom design reflects a commitment to quality and attention to detail. Additionally, it’s an excellent option for potential charter opportunities, welcoming a wide range of guests aboard with its versatile and inviting spaces. Whether you're looking to explore hidden coves, host memorable events, or simply bask in the luxury of motoryacht living, the 1991 Custom Mefasa Motoryacht is the perfect vessel to suit your maritime dreams.
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No image available 1991 Custom Mefasa Motoryacht | ||||||
|---|---|---|---|---|---|---|
| Price | $575,000 | $495,000 | $440,000 | $789,900 | $799,000 | $259,000 |
| Location | Freeport | Nassau | Abaco | |||
| Nominal Length | 120' | 34' | 50' | 44' | 52' | 34' |
| Draft | 5' | - | - | - | - | - |
| Engine Make | MTU | Yamaha | MAN | Volvo | Yanmar | Mercury |
| Total Engine Power | 4425 hp | 300 hp | 1300 hp | 230 hp | 80 hp | 350 hp |
| Days on Market | 1 | 248 | 2383 | 45 | 208 | 45 |
| Get in touch |
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Address
Contact Seacliff Yachts about 1991 Custom Mefasa Motoryacht
Fort Lauderdale, FL
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