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1977 Custom

Portsmouth, Rhode Island · Updated Jan 29, 2026

$550,000

USD · OFFERS CONSIDERED

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66 ft
Length
—
Beam
Racing Sailboat
Class
—
Engine
—
Power
—
Hours
—
Cabins
—
Heads

Overview

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,


Specifications

Length Overall
66 ft
Hull Material
Aluminum
HIN
0000000
Condition
Used

Location

Location Portsmouth, Rhode Island, United States
Flag / Registration N/A
Region Continental United States

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Questions about 1977 Custom

What is the asking price for 1977 Custom?

1977 Custom is currently listed at $550,000. Final terms depend on survey, sea trial, and offer structure.

Where is 1977 Custom located and can I schedule a showing?

1977 Custom is located in Portsmouth, Rhode Island and is marked Available. Showings and sea trials can be arranged for qualified buyers through our team.

What are the key specs for 1977 Custom?

1977 Custom is 66 ft overall and includes 66 ft · Racing Sailboat · aluminum.

Is financing available for 1977 Custom?

Yes. Marine financing is available for many vessels, with terms based on model year, buyer profile, and lender underwriting.

Can I get a survey and mechanical inspection before closing?

Yes. Buyers are encouraged to complete an independent marine survey and engine/mechanical inspections during due diligence before final acceptance.

Is this a co-brokerage listing with Thoroughbred Yacht Sales?

Yes. This vessel is listed by Thoroughbred Yacht Sales. Ward Yacht Sales can represent you as a buyer's broker and coordinate the process through closing.

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