1997 Sparkman & Stephens 12M
$550,000
Boat in Newport, RI 02840 US
12M
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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 |
Overview from around the web 1997 Sparkman & Stephens 12M
Customers praise the 1997 Sparkman & Stephens 12M for its exceptional blend of classic design and modern performance
Many highlight its elegant lines and timeless craftsmanship, noting how the boat combines beauty with durability. Owners appreciate the spacious and well-thought-out interior, which offers comfort during extended voyages. The sailing experience is frequently described as smooth and responsive, making it suitable for both competitive racing and leisurely cruising. Overall, the 1997 Sparkman & Stephens 12M is celebrated for its quality construction, reliable handling, and enduring appeal among sailing enthusiasts.
The Biggest Pros and Cons
The 1997 Sparkman & Stephens 12M is a classic performance cruiser known for its timeless design and solid craftsmanship. Here are some pros and cons to consider:
Pros
Elegant Design: The Sparkman & Stephens 12M features a sleek, timeless hull design that balances performance and aesthetic appeal.
Performance-Oriented: With a design pedigree focused on speed and handling, this boat offers responsive sailing and excellent upwind capabilities.
Quality Construction: Built with attention to detail and quality materials, ensuring durability and reliability.
Spacious Deck Layout: Offers ample space for crew and guests, making it comfortable for both racing and cruising.
Good Resale Value: Due to its reputation and classic status, it tends to hold value well over time.
Cons
Limited Modern Amenities: Being a 1997 model with a focus on performance, it may lack some of the modern conveniences and technology found in newer boats.
Maintenance Requirements: As with many older performance sailboats, upkeep can be intensive and may require investment to maintain optimal condition.
Less Interior Space: The emphasis on sleek lines and performance can mean more limited interior accommodations compared to cruising-focused yachts.
Availability of Parts: Some specialized components or fittings might be harder to source due to the boat’s age and specific design.
Made For
The 1997 Sparkman & Stephens 12M is ideal for experienced sailors and racing enthusiasts seeking a high-performance yacht with classic design and exceptional craftsmanship. It is perfect for those who appreciate a blend of competitive sailing capabilities and timeless elegance, whether for regattas or sophisticated cruising.
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Meet the Broker

Address
Boat Location
Contact Yachtics Brokerage about 1997 Sparkman & Stephens 12M
2035 Sunset Lake Rd, Suite B2, New Castle, DE, 19702
Contact Yachtics Brokerage
2035 Sunset Lake Rd, Suite B2, New Castle, DE, 19702


















