
4ft difference • $16,500 apart
2008 Norseman 480
$369,000
TERRAPIN
Annapolis, Maryland · 4,665 engine hours · Updated Sep 29, 2026
There is a very high probability that the next owners of this yacht already know a lot about her. She certainly won't be your first boat. Everyone who dreams of long voyages over the horizon knows the Cheoy Lee 53 Motorsailer. This is very simply the best offering of a very rare breed. Yachts capable of taking you anywhere on the planet in comfort and saftey. They don't build a lot of them because very few people actually go cruising. This is a true trawler and a true bluewater sail yacht combined to create a class of vessel that hasn't been repeated. The upgrades and continuous care that this particular girl has received make her a rare value in a rarer class. As you read this listing you will understand the thought, care and frankly the investment these owners have made.
To begin with she has been re-powered with John Deere commercial grade engines. A new set of rigging, furling and sails along with all of the paint, varnish, new stainless ports, new electrical wiring and panels..... everything that most boats of this vintage have been putting off has been done, recently and professionally.
There is no deferred maintenance or "next project" here. This is the definition of Turn-Key.
1980 Cheoy Lee Motorsailer is currently listed at $385,500. Final terms depend on survey, sea trial, and offer structure.
1980 Cheoy Lee Motorsailer is located in Annapolis, Maryland and is marked Available. Showings and sea trials can be arranged for qualified buyers through our team.
1980 Cheoy Lee Motorsailer is 52 ft overall and includes 52 ft · Motorsailers · fiberglass.
Yes. Marine financing is available for many vessels, with terms based on model year, buyer profile, and lender underwriting.
Yes. Buyers are encouraged to complete an independent marine survey and engine/mechanical inspections during due diligence before final acceptance.
Yes. This vessel is listed by Worth Avenue Yachts. Ward Yacht Sales can represent you as a buyer's broker and coordinate the process through closing.

4ft difference • $16,500 apart
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