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The perfect $100k circumnavigator

11K views 30 replies 14 participants last post by  tdw  
Jeff,

Good day, Capricious is a Formosa Peterson 46 (F46). These were built in different yards than the Kelly Peterson (44s and 46s) and the construction was not supervised by Jack Kelly. Basically the same design as the KP 46, but they may differ in construction. They are still fine boats, however if you look at the price of a KP 46 you will see they are typically much more expensive. For example there is a 83 KP 46 listed on Yachtworld for ~230k.

There is a great forum for Peterson Cutters PetersonCutter : eGroup devoted to the Peterson KP44 and 46 and the F46 and a website that has considerable information about the Peterson designed 46s and 44s Peterson Cutter Website - Welcome. You can find the history of the boats on the website. The Peterson 44 was listed as one of "Ten Great Used Boats to sail Around the World" in John Kretschmer "Used Boat Notebook".

We own a KP44 and used the list and website extensively before we purchased and during renovation. They are old boats but many were maintained very well. We looked at every KP44 on the east coast (~6 boats on the market at the time) and surveyed 2 boats before we found a boat that we felt was in good shape and worth upgrading. We paid more than 100k to purchase our 44 and invested a considerable amount in upgrades. We re-wired, replaced electric panel, re-plumbed, re-powered, new sails, replaced all through hulls seacocks and did many other upgrades. Not all of the upgrades were needed at the time, but we wanted to upgrade anything that may cause a problem before we move onto our boat. Upgrading is part of the cost of an old boat. We looked at boats that the purchase price was less than what we paid, however there were issues that were going to be very costly that drove us away. The deck on some of the Petersons we considered was not in good shape and required very expensive repairs.

You may find some of the Petersons where previous owners have done many upgrades. It appears that Capricious may be one of these upgraded boats. She sure looks good. We have owned our KP44 for about 2 years and love it.

Cheers
-allen