Results 1 to 29 of 29

Thread: "Fully Submerged" the Death Knell for this beauty?

  1. #1
    Join Date
    Nov 2003
    Location
    Mukilteo, Washington
    Posts
    236

    Default "Fully Submerged" the Death Knell for this beauty?

    What a beauty, but wondering aloud if it's worth it?

    https://seattle.craigslist.org/kit/b...690406525.html

  2. #2
    Join Date
    Apr 2005
    Location
    Hills of Vermont, USA
    Posts
    25,739

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    9 ft. draft! That'll limit where she can live. Beautiful boat, but, as you imply, a lot of work still to be done.
    "If it ain't broke, you're not trying." - Red Green

  3. #3
    Join Date
    Apr 2005
    Location
    Hills of Vermont, USA
    Posts
    25,739

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by Paul Pless View Post
    ...
    The first word removes all of us from the running, eh?
    "If it ain't broke, you're not trying." - Red Green

  4. #4
    Join Date
    Nov 2014
    Location
    Seattle, WA
    Posts
    2,876

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    I've been watching Gilcrest for a while as the owner has been trying to sell her for over a year now - since before she sank I believe. In another life I would have been all-in on saving her but I'm full-up on boat projects at the moment. "Time is of the essence" is an ominous note though. I hope someone steps up.

  5. #5
    Join Date
    Mar 2007
    Location
    East Quogue,NY
    Posts
    16,040

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Assuming the boat were excellent, and all systems were in as good order as one might expect, what's the annualized cost just to own that boat: dockage, insurance, normal maintenance?

    I betcha its $30K a year before you put a drop of fuel in her.

    Kevin
    There are two kinds of boaters: those who have run aground, and those who lie about it.

  6. #6
    Join Date
    Jan 2008
    Location
    Lynden, Wa
    Posts
    3,204

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by Breakaway View Post
    Assuming the boat were excellent, and all systems were in as good order as one might expect, what's the annualized cost just to own that boat: dockage, insurance, normal maintenance?

    I betcha its $30K a year before you put a drop of fuel in her.

    Kevin
    My gut thinks that's high, I think its closer to 15k. That's assuming, like you said, you take the time to get everything well sorted out. I wouldn't doubt that the new owner will dump many thousands a month into it over the next few years just to get it functional again.


    Maybe if there were another Leo....
    There's the plan, then there's what actually happens.

    Ben Sebens, RN

    15' Welsford Navigator Inconceivable
    16' W. Simmons Mattinicus double ender ​Matty

  7. #7
    Join Date
    Sep 2007
    Posts
    1,135

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    It will take a huge sum to finish out that tug and yearly fees will be just as huge. I have a suggestion if you want a nice boat.

    If you are seriously looking for a project boat with potential you should talk to Chris who has this boat: https://fvpetrel.wordpress.com
    http://forum.woodenboat.com/showthre...ot-Petrel-quot

  8. #8
    Join Date
    Jan 2008
    Location
    Lynden, Wa
    Posts
    3,204

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    I don't think Chris is ready to give up Petrel yet.
    There's the plan, then there's what actually happens.

    Ben Sebens, RN

    15' Welsford Navigator Inconceivable
    16' W. Simmons Mattinicus double ender ​Matty

  9. #9
    Join Date
    Apr 2010
    Location
    South Australia and Tasmania
    Posts
    15,673

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Sadly, he'll be very lucky to give her away, particularly if time is of the essence. The tug, not Petrel.

  10. #10
    Join Date
    Apr 2015
    Location
    St. Helens, Oregon
    Posts
    1,233

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by BBSebens View Post
    I don't think Chris is ready to give up Petrel yet.
    I think he's already bought another boat that'll take less work and let him enjoy boating with his family more.

  11. #11
    Join Date
    Jan 2008
    Location
    Lynden, Wa
    Posts
    3,204

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by Hugh MacD View Post
    I think he's already bought another boat that'll take less work and let him enjoy boating with his family more.
    post #3156 from his Petrel thread:

    And for anyone wondering what this means for Petrel, the plan for her hasn’t changed. Skookum Maru lives in a boathouse in Blaine, right at the Canadian border. Which is convenient to the San Juan Islands and points north but not so much for an impromptu day on the water. So we are continuing to restore Petrel for day outings and the occasional overnight close to Seattle. We have a few more tasks to do on Skookum Maru but once she is squared away I’ll be back to work on Petrel.

    It was never our intention to own two boats but sometimes you have to go where life takes you. And I predict that Petrel and Skookum Maru will take us on some great adventures.

    Of course, time changes things. We'll see. I doubt Chris would have much trouble getting Petrel a new caretaker. (ME! ME!)
    There's the plan, then there's what actually happens.

    Ben Sebens, RN

    15' Welsford Navigator Inconceivable
    16' W. Simmons Mattinicus double ender ​Matty

  12. #12
    Join Date
    Sep 2007
    Posts
    1,135

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by BBSebens View Post
    I don't think Chris is ready to give up Petrel yet.
    I'm sure Chris will chime in but if the money is right there is usually a deal to be made. Any money spent on that tug would be better spent on Petrel. The tug will be a $500,000 project before it is done.

  13. #13
    Join Date
    Sep 2007
    Posts
    1,135

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Ben if you want Petrel make realistic offer.

  14. #14
    Join Date
    Nov 2014
    Location
    Seattle, WA
    Posts
    2,876

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Studiously ignoring all Petrel-related chatter over here. At least until Skookum Maru is back in the water and I can sit down for a moment. But back to Gilcrest. I'm going to say Ben is low at $15k/year. That's probably just enough to cover moorage and insurance with a little left over for incidentals. I'd say $20k/year with an annual haulout assuming the owner does most of the work. And I agree with the $500k assessment to get her "done" professionally but I also think that if the hull is in good shape, as the ad seems to indicate, someone with the right skills would be able to do the work over time for much less.

    The problem, as always, is where to do the work? I think you'd pay $100-$125/day to have her on the hard at any yard in the Puget Sound area. You might find some small place like Seacrest in Everett that would be less expensive but even at half that rate it's going to be $$$$.

    I wonder if Leo has room at his place? Could fund Tally Ho by renting out space at reasonable rates to hopeless dreamers with big project boats...

  15. #15
    Join Date
    Sep 2007
    Posts
    1,135

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Unfortunately I believe it will need a new power plant. Most submerged engines don't ever run properly. All you would be buying is a hull and deck of undetermined condition.

  16. #16
    Join Date
    Nov 2014
    Location
    Seattle, WA
    Posts
    2,876

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by navydog View Post
    Unfortunately I believe it will need a new power plant. Most submerged engines don't ever run properly. All you would be buying is a hull and deck of undetermined condition.
    Yes. Likely. Still she’s a neat boat.

  17. #17
    Join Date
    Sep 2007
    Posts
    1,135

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Yes, but the must be moved immediately part of the ad is short for "will be cut up soon"

  18. #18
    Join Date
    Nov 2014
    Location
    Seattle, WA
    Posts
    2,876

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by navydog View Post
    Yes, but the must be moved immediately part of the ad is short for "will be cut up soon"
    Sadly I agree

  19. #19
    Join Date
    Feb 2017
    Location
    Seattle, W.A., U.S.A
    Posts
    54

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Maybe not, could just be their in a hurry to move cause Cunningham needs em gone. Cause that's where those photos look like they were taken to me.

  20. #20
    Join Date
    Apr 2010
    Location
    South Australia and Tasmania
    Posts
    15,673

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by cstevens View Post
    Studiously ignoring all Petrel-related chatter over here. At least until Skookum Maru is back in the water and I can sit down for a moment. But back to Gilcrest. I'm going to say Ben is low at $15k/year. That's probably just enough to cover moorage and insurance with a little left over for incidentals. I'd say $20k/year with an annual haulout assuming the owner does most of the work. .
    Yikes! My boat is 50'. I pay about $2500 pa for a marina berth and $1400 for full insurance. When I had her on a swing mooring in Tasmania that cost $85.00 pa. Seriously.

  21. #21
    Join Date
    Nov 2014
    Location
    Seattle, WA
    Posts
    2,876

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by Phil Y View Post
    Yikes! My boat is 50'. I pay about $2500 pa for a marina berth and $1400 for full insurance. When I had her on a swing mooring in Tasmania that cost $85.00 pa. Seriously.
    Moorage here is $$$, no doubt. A 60’ slip at Shilshole Marina is $1,060/month for example. There are less expensive places further from Seattle but even so it’s pricey.

  22. #22
    Join Date
    Apr 2010
    Location
    South Australia and Tasmania
    Posts
    15,673

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by cstevens View Post
    Moorage here is $$$, no doubt. A 60’ slip at Shilshole Marina is $1,060/month for example. There are less expensive places further from Seattle but even so it’s pricey.
    Wow.

  23. #23
    Join Date
    Sep 2007
    Posts
    1,135

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by cstevens View Post
    Moorage here is $$$, no doubt. A 60’ slip at Shilshole Marina is $1,060/month for example. There are less expensive places further from Seattle but even so it’s pricey.
    That's probably in line with most high profile American city costs. Spoke last night with a friend from San Diego and he mentioned $1200 a month for 50'.

  24. #24
    Join Date
    Apr 2005
    Location
    Hills of Vermont, USA
    Posts
    25,739

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Quote Originally Posted by cstevens View Post
    Moorage here is $$$, no doubt. A 60’ slip at Shilshole Marina is $1,060/month for example. There are less expensive places further from Seattle but even so it’s pricey.
    Yet another reason to not live in a city. Wow!
    "If it ain't broke, you're not trying." - Red Green

  25. #25
    Join Date
    Apr 2015
    Location
    St. Helens, Oregon
    Posts
    1,233

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Guess I'll quit complaining about my $240 monthly bill!

  26. #26
    Join Date
    Feb 2000
    Location
    San Francisco Bay
    Posts
    11,653

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    It also appears that she is Canadian built and documented (or was.) As a foreign-built hull, she wouldn't be qualified for any commercial use (towing or charter) in the U.S. Maybe someone wants her purely for a yacht, but a boat that size with no way to earn her keep is a very expensive luxury.

  27. #27
    Join Date
    Apr 2005
    Location
    Hills of Vermont, USA
    Posts
    25,739

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    The Jones act strikes again.
    "If it ain't broke, you're not trying." - Red Green

  28. #28
    Join Date
    Nov 2014
    Location
    Seattle, WA
    Posts
    2,876

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    Here we go. That boat needs this motor:

    https://seattle.craigslist.org/see/b...696828781.html

    I'll bet you could get the motor and the boat for $25k total.

  29. #29
    Join Date
    Oct 2003
    Location
    Hell
    Posts
    90,080

    Default Re: "Fully Submerged" the Death Knell for this beauty?

    is this boat the reason why steven and mary were in seattle last week???
    Simpler is better, except when complicated looks really cool.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •