Photo: Yatco
"King K" is an appropriate name for this majestic motor yacht with a royal allure. Custom-built for an American millionaire more than four decades ago, this pedigree beast is worth much more than what its new owner bargained for.
A brand-new superyacht in the same size category as King K would cost tens of millions today, and if it were built by an equally famous shipyard, the final price would go through the roof. Still, this 137-foot (42 meters) Feadship was recently snatched off the market for less than $4 million (€3,5 million), an incredible bargain considering this yacht's venerable age of 41 years, its prized Dutch pedigree, and its unique classic style.
One of the possible explanations is that Feadship is not only one of the world's top superyacht shipyards but also an incredibly prolific one. This means there's a wide range of Feadship vessels on the market, from the oldest to contemporary designs and everything in between.
Another reason may be that King K wasn't in flawless condition at the time of the sale. Although it underwent four refits throughout its long life, the most recent one dates back to 2019, meaning that the new owner might have to invest heavily in bringing King K to the highest contemporary standards.
Still, this is a special Feadship. It was the first in a series of three custom-built superyachts delivered to the same owner, a US-based entrepreneur. King K was originally named Carmac VI and launched in 1981. The smaller Patricia (70 feet/21 meters) followed in 1988, and the bigger 150-foot/45 meters Carmac VII replaced it in the early '90s.
King K might have fetched more money today if it had kept its original furnishings. At the time, they were quite spectacular and included custom-made woven carpets, 200-year-old hand-carved wood paneling (walnut and cherry), and 150-year-old China cabinets – imagine what all of that would be worth in present times. Sadly, the original owner had all of this stuff removed from the Carmac VI and added to the newer Carmac VII.
Even without the fancy furnishings, this classic yacht is still an impressive floating mansion. It can accommodate up to 12 guests across six elegant cabins, and its General Motors engines ensure a comfortable cruising speed of 12 knots. Designed with elegant indoor and outdoor socializing areas, this Dutch masterpiece also carries multiple tenders on its flybridge deck, which gives it a bit of an adventurer's spirit.
The best part of all is that for less than $4 million, King K's new owner automatically becomes a member of the exclusive yacht owner club known as the Feadship Heritage Fleet. Only those who own Feadships older than 30 years can be part of this club and enjoy all the exclusive perks. In return, King K's owner will have to pay a $270 entry fee and more than $500 every year (the annual fee for yachts over 24 meters/78.7 feet).
One of the possible explanations is that Feadship is not only one of the world's top superyacht shipyards but also an incredibly prolific one. This means there's a wide range of Feadship vessels on the market, from the oldest to contemporary designs and everything in between.
Another reason may be that King K wasn't in flawless condition at the time of the sale. Although it underwent four refits throughout its long life, the most recent one dates back to 2019, meaning that the new owner might have to invest heavily in bringing King K to the highest contemporary standards.
Still, this is a special Feadship. It was the first in a series of three custom-built superyachts delivered to the same owner, a US-based entrepreneur. King K was originally named Carmac VI and launched in 1981. The smaller Patricia (70 feet/21 meters) followed in 1988, and the bigger 150-foot/45 meters Carmac VII replaced it in the early '90s.
King K might have fetched more money today if it had kept its original furnishings. At the time, they were quite spectacular and included custom-made woven carpets, 200-year-old hand-carved wood paneling (walnut and cherry), and 150-year-old China cabinets – imagine what all of that would be worth in present times. Sadly, the original owner had all of this stuff removed from the Carmac VI and added to the newer Carmac VII.
Even without the fancy furnishings, this classic yacht is still an impressive floating mansion. It can accommodate up to 12 guests across six elegant cabins, and its General Motors engines ensure a comfortable cruising speed of 12 knots. Designed with elegant indoor and outdoor socializing areas, this Dutch masterpiece also carries multiple tenders on its flybridge deck, which gives it a bit of an adventurer's spirit.
The best part of all is that for less than $4 million, King K's new owner automatically becomes a member of the exclusive yacht owner club known as the Feadship Heritage Fleet. Only those who own Feadships older than 30 years can be part of this club and enjoy all the exclusive perks. In return, King K's owner will have to pay a $270 entry fee and more than $500 every year (the annual fee for yachts over 24 meters/78.7 feet).
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