2002 Sea Ray 480 Motor Yacht

$274,900

Used

Boat in Grasonville, MD 21638 US

builtBuilt in 2002
Year the boat was built
model

480 Motor Yacht

Boat model
engine

2 Engines (2x Caterpillar)

Engine type and count
length

50.4 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
50.42ft
Length Overall
50.42ft
Beam
15.25ft
Dry Weight
38500lb
Cabins
3
Heads
2
Fuel Tanks
500gal
Hull Material
fiberglass
Hull Shape
modified-vee
Engine 1
Engine Make
Caterpillar
Engine Model
3196
Total Power
640hp
Engine Hours
1538
Engine Type
inboard
Fuel Type
diesel
Engine Year
2002
Engine 2
Engine Make
Caterpillar
Engine Model
3196
Total Power
640hp
Engine Hours
1538
Engine Type
inboard
Fuel Type
diesel
Engine Year
2002
Additional Information

Recent Upgrades and Modifications:


  • 2024 CAT Annual services completed, after coolers cleaned and tested, new generator water pump assembly and temperature sensor

  • 2026 NEW Heat Exchanger and Coolant Flush on Generator 

  • 2024 Hydraulic swim platform overhaul including new hydraulic lines with stainless fittings ($12,000)

  • 2023 New salon Cruisair 20,000 BTU unit replaced and other units serviced ($8,000)

  • 2023 New aft white Stamoid enclosures with 30 gauge Strataglass panels ($10,000)

  • 2024 New Windlass electric motor installed

  • 2024 New caulking at aft transom, port and starboard hull corners and cockpit as needed

  • 2024 New port and starboard windshield wiper motors

  • 2024 New Multifunction 4 in 1 Gauges and RPM Gauges

  • 2024 Fiberglass touch ups on hull sides and steps

  • 2024 New Infinity Vinyl cockpit flooring on order!

  • 2022 New Promariner 240V / 50 Amp 3 bank battery charger

  • 2022 New Flat screen TV’s salon and cockpit




Key options include:


  • Bridge Air Conditioning / Heat

  • Bow Thruster

  • Raymarine Color 12” Multifunction displays (2), Raypilot 650, Tridata, Raymarine VHF Radio, Sea Ray 12” Color Navigator Display

  • Full Beam Aft Master Stateroom with ensuite head and shower and walk around Queen bed

  • Cherry snap in vinyl salon floor upgrade

Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
4/3/26Price decreased$274,900(-8.1%)
1/10/26Initial price$299,000

Contact Ocean Club Yacht Sales Inc

3200 Main Street, 2nd Floor, Grasonville, MD, 21638

Overview from around the web 2002 Sea Ray 480 Motor Yacht

The 2002 Sea Ray 480 Motor Yacht has garnered a reputation for its blend of luxury, performance, and comfort on the water

Customers consistently praise its spacious and well-designed interior, which offers ample room for entertaining and relaxation. The large saloon features panoramic windows that provide stunning views and a bright, airy atmosphere. Boaters appreciate the high-quality craftsmanship and attention to detail throughout the yacht, from the stylish helm area to the beautifully appointed staterooms. The master suite, in particular, receives accolades for its comfort and privacy, making it an ideal retreat. Performance-wise, the twin diesel engines deliver impressive power and fuel efficiency, granting a smooth cruising experience. Many owners highlight the yacht's stability and handling, which make it suitable for both leisurely day trips and longer voyages. Additional features, such as the spacious flybridge, well-equipped galley, and ample storage throughout, enhance the overall enjoyment of the 480 Motor Yacht. Overall, customers have expressed high satisfaction with their Sea Ray 480, noting that it provides an exceptional boating experience that combines luxury and functionality.

The Biggest Pros and Cons

2002 Sea Ray 480 Motor Yacht: Pros and Cons

Pros

Spacious Interior: The 480 Motor Yacht features a generous layout, offering ample living space both above and below decks. With multiple staterooms and bathrooms, it comfortably accommodates family and guests.

Stylish Design: The boat boasts a sleek, modern design, combining elegance with functionality. Its well-thought-out aesthetics ensure it stands out in any marina.

Performance: Equipped with powerful engines, the 480 offers a smooth and reliable ride. Its solid hull construction is designed for handling various water conditions, providing a stable experience.

Amenities: Features such as a full galley, multiple entertainment areas, and ample storage make this yacht ideal for extended trips. The cockpit and flybridge are perfect for socializing and enjoying the views.

Quality Build: Sea Ray is known for its high-quality craftsmanship, and the 480 is no exception. The durability of materials and attention to detail ensure longevity and value retention.

Versatile Usage: Whether for leisure cruising, entertaining, or overnight excursions, the Sea Ray 480 is versatile enough to cater to different boating lifestyles.

Cons

Fuel Consumption: With powerful engines comes higher fuel consumption. Those looking for economy may find the operating costs significant, especially on longer trips.

Maintenance Requirements: Like any luxury motor yacht, the Sea Ray 480 requires regular maintenance to keep it in peak condition. This can be time-consuming and costly for owners.

Size and Maneuverability: While spacious, the larger size of the 480 can make it less maneuverable in tight spaces compared to smaller boats, which may be a consideration for some boaters.

Age Considerations: Being a 2002 model, prospective buyers should be attentive to the age of the mechanical components, systems, and overall condition of the yacht to avoid unexpected repairs.

Limited Performance in Rough Waters: Though the 480 handles well in most conditions, it may not perform as effectively as smaller, sportier yachts in rough seas.

Market Availability: Depending on location and demand, finding a well-maintained model at the right price may take time, given the boat's age and the varying availability in the market.

Made For

The 2002 Sea Ray 480 Motor Yacht is designed for discerning boaters seeking a luxurious and comfortable on-water experience. Ideal for families and couples who enjoy spending extended weekends or vacations on the water, this yacht combines elegance with practicality. It's perfect for those who love entertaining guests, thanks to its spacious layout and impressive amenities. The 480 Motor Yacht caters to both seasoned mariners and newcomers alike, offering user-friendly controls and excellent handling. With ample living space, including a well-appointed salon and gourmet galley, it is suited for individuals who appreciate quality craftsmanship and thoughtful design. Whether you're planning a serene cruise or an adventurous getaway, this vessel is for anyone looking for a blend of performance, comfort, and style on the open sea.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Sea Ray 480 Motor Yacht. 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 Motor Yacht cost in today's market, or how much does a Sea Ray 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
$1,740.77/mo
$
$
%
Principal Loan Amount$ 233,665
Total Payment$417,784.34

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Sea Ray 480 Motor Yacht. 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 Motor Yacht cost in today's market, or how much does a Sea Ray 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
$1,740.77/mo
$
$
%
Principal Loan Amount$ 233,665
Total Payment$417,784.34

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Meet the Broker

Address

3200 Main Street
2nd Floor
Grasonville, MD 21638

Boat Location

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