Classic 1931 Gentleman's Yacht for Sale at $9 Million

by Jared Paul Stern (RSS feed)
May 6th 2010 at 10:01AM

Many people admired the classic 1936 sailing yacht restored by Italian watch brand Panerai that we wrote about last month. Now you can buy your own version, an even larger classic gentleman's yacht built buy the same famed Scottish boatyard as Panerai's craft, for $9 million. The 134-ft. Altair, a gaff rigged topsail schooner, was originally commissioned by Captain H. MacCaw who asked William Fife for "a sound, safe cruiser to go to the South Sea Islands in with no difficulty." She then passed through a series of notable owners including Viscount Runciman, a British Member of Parliament, before being acquired by the British Admiralty in World War II. Completely restored in 1987 and refitted in 2007, the teak on oak with teak deck Altair now ranks as one of the best-preserved large high-quality pre-war yachts in the world. The interior is considered one of the most beautiful and authentic of any classic yacht, with fine French polished walnut throughout the five cabin guest accommodations.

Tags: altair, classic yacht, Panerai, sailing yacht, schooner, teak, wooden boat, yacht