Megayacht Emerald Isle Up for Auction

In two weeks, the 126-foot Emerald Isle, which has had one owner since delivery from Christensen Shipyards in 1992, will be auctioned to the highest bidder in Fort Lauderdale. Emerald Isle is being sold on an “as is, where is, with all faults” b...

8th August 2010.
By Diane Byrne

Emerald Isle

In two weeks, the 126-foot Emerald Isle, which has had one owner since delivery from Christensen Shipyards in 1992, will be auctioned to the highest bidder in Fort Lauderdale.

Emerald Isle is being sold on an “as is, where is, with all faults” basis on August 24. She’s presented jointly by J.P. King Auction Company, an auction marketing firm, and Yacht Auction Group, which has overseen the sale of boating-related and other luxury assets. The megayacht had been offered for sale through traditional brokerage channels in 2008 and 2009 and went through a few price reductions, but ultimately did not sell.

While Emerald Isle was not used much in recent years, she did previously undertake 11 ocean crossings. Among the places she’s visited: Sardinia, Norway, the Caribbean, and Alaska. She also underwent a $2-million refit in 2009, which saw extensive work performed. The galley was gutted and received new cabinetry, new appliances, and granite countertops. New soft goods updated the living areas as well, including the saloon, with has an onyx-topped table and wetbar plus teak cabinetry. There’s also a backlit onyx table in the dining room. A survey was performed in June 2009, too.

Emerald Isle features an on-deck master suite plus three guest staterooms, one of which is full beam. There are crew’s quarters for six, all below decks.

Minimum bid is $2.85 million. All interested bidders must make a $50,000 deposit and register with the auctioneer. In addition, a broker preview day is scheduled for July 21.


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Diane Byrne

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Diane M. Byrne is the founder and editor of the website Megayacht News. A longtime yachting writer, she contributes to Super Yacht World, Superyacht Business, Boat Exclusive, and other magazines. She is additionally a member of the International Superyacht Society Board of Directors and a founding member of the U.S. Superyacht Association.
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