1997 Sparkman & Stephens 12M
$550,000
Boat in Newport, RI 02840 US
12M
--
66.1 feet
--
Fiberglass/Composite
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, syndicate ownership, or elite charter programs.
Please reach out to Connor Marion at 843 834 5219 for more information, or to schedule a showing.
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
| Date | Event | Price |
|---|---|---|
| 1/29/26 | Initial price | $550,000 |
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2035 Sunset Lake Rd, Suite B2, New Castle, DE, 19702


















