US Millionaire’s Italian Superyacht Is a $38 Million Timeless Masterpiece

In 2010, Codecasa delivered what would be known as its flagship, the massive 65-meter (213 feet) Lady Lau. As this original name suggests, it was custom-built for an Asian owner. Brought to life by architects Franco and Anna Maria Della Role, it combined an impressive five-deck structure with unique interior design.

The Top Tank Deck was dedicated to service areas, including laundry and storage. The Lower Deck housed the engine room and the water toy garage. The Main Deck included a spacious salon with a formal dining area, the main galley, three of the guest cabins, two staff cabins, and an additional crew cabin.

A second large salon with an al-fresco dining area is located on the Upper Deck. However, it's the master suite that takes center stage on this deck. It would be better described as the owner's area, including a full-beam bedroom, a spacious en-suite bathroom, a walk-in dressing, and a separate studio. Going further, the Wheelhouse Deck resembled a massive relaxation and entertainment area, boasting a spa pool, a gym, and a cinema. Lastly, the Sun Deck was fully dedicated to sun lounging.

Lady Lau featured remarkable accommodation, with nine guest cabins and crew quarters for a large, 19-people crew. With a nearly 1:1 guest-crew ratio, the Lady Lau offered a truly luxurious experience on board. Style-wise, the four guest cabins on the lower deck displayed a unique palette of colors and styles.

There was the Thai cabin, with reverse wooden legs and an ornate mirror above the headboard, the Egyptian cabin with exquisite woodwork, the Chinese twin-bed cabin with a solid dark-light contrast, and a Modern cabin. The original owner specifically asked for this style diversity because he intended to have all kinds of foreign guests onboard, and he wanted them to feel at home.

Five years later, this style peculiarity would vanish. After being barely used and having never left the Mediterranean, Lady Lau changed hands. Its new owner, US mogul John Rosatti, renamed it Double Down, as it's known to this day. Although he wasn't familiar with Codecasa, Rosatti was impressed with the five-year-old yacht, which he would end up enjoying for nearly a decade.

One of the main selling points was the nine-cabin configuration because Rosatti typically likes to cruise with his extended family and numerous friends. Double Down was his first full-displacement yacht, but to call Rosatti a serial yacht owner would be an understatement. By the time he purchased the Codecasa model, he had owned 15 yachts in different size categories.

Soon after buying it, the new owner took his floating luxury toy to a rented yard in Palm Beach for repaint and a few upgrades. Double Down stayed mainly the same, with a few style tweaks carefully integrated by Evan K Marshall, including artworks and various private items owned by Rosatti himself.

Like a true businessman of the future, the millionaire spent less time in conventional workspaces and more time out in nature. He usually spent around half of the year onboard Double Down every year. He enjoyed cruises all over the Mediterranean, as well as in the Caribbean. One of the most exhilarating experiences was anchoring in the remote heaven of Bonifacio, Corsica.

Today, the massive 1,278 GT superyacht boasts the same opulent, glamorous ambiance and classic style, highlighted by the abundant use of glossy wood panels, marble, and precious textiles. The millionaire owner particularly loved the glass convertible dining area that could easily change from an indoor to an outdoor space with stunning views. A modern glass elevator was another remarkable feature, connecting all the decks.

Double Down still dazzles with its numerous relaxation areas, grand piano in the main salon, and lavish sundeck with breathtaking views. Performance-wise, the twin Caterpillar engines ensure smooth cruising at 12 knots (13.8 mph/22 kph). At this moderate speed, the Codecasa yacht can comfortably cover 5,000 nautical miles (9,260 km) – it proved this over and over again throughout the past decade.

Like all great superyachts with a long life, Double Down is ready to start all over again with a new owner and a new vision. The Italian masterpiece is up for grabs, asking for €34.7 million ($38 million).

It might sound like a lot for a 13-year-old pleasure craft, but this combination of pedigree and a proven track record is priceless. With its timeless beauty and expert craftsmanship, Double Down is perfectly fit to become another millionaire's dream superyacht.