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Wallace Yacht Company specializes in yachts of value, substance and character. Take a look at all of the listings and you will find that each boat is very desirable and unique in each category of yacht,.....
Living aboard is a life choice, and is often mistaken for an expensive endeavor. This does not have to be the case. Boat people are boat people and simply make the choice to spend time on the water as a lifestyle. We chose to have our boats and skip the normal chores, expenses, and lifestyle of maintaining traditional homes in the 'burbs. Many of us drive cash cars, skip mowing lawns, and the other things that add up in terms of living expenses and demands. It is a matter of selecting your preferred lifestyle, adjusting your life accordingly, and pursuing your wishes.
I seek the best in each category I represent. There are several heirloom quality offerings which show that the best is available in a broad range of prices, putting safe and beautiful cruising, racing and collectible yachts within financial reach of those of us who appreciate them and aspire to own, cruise, race and live on what are some of the finest yachts in the world.
I have been in the bilges of every boat you see here. I have tapped on each hull, dug at each wooden yachts' ribs, and sailed or operated most of them underway.
I will not select a yacht to represent based on convenience or accessories. Accessories can be had at wholesale prices and convenience can be overcome with shipping and delivery. The best is the best and it is where it is. The Wallace Yacht Company has active listings on both the Atlantic and Pacific Coasts, in both the USA, Vancouver Island, the San Juan Islands, as well as in Mexico.
About 30% of my business is not advertised. Look at the photographs......you will see features which set these yachts apart....Pictures and information that you need to see to make the purchase decision, or at least decide whether the boat is worth the plane ticket and time to see it.
My name is Walter Wallace and I want to personally thank you for visiting my business.
Whether your acquisition is next week or next year, you will find that you will set the pace of your yacht purchase. The earlier in the process we can develop a dialog, the better. You will be able to familiarize yourself with more options and be better equipped to acquire the boat which more precisely meets your needs and budget. For some, it is an immediate need, for others, the decision will take 2 years. Your inquiries are welcome, regardless of your desired time of purchase.
The negotiation process can be a very trying experience. I work very hard to keep the process as short and painless as possible. I handle this part of your acquisition in a professional manner with swiftness and discretion. We have financing avenues available for modern composites, fiberglass, steel and wood hulls.
You will find creative solutions to your needs, such as exploring transactions involving trades, etc. We will make every effort to ensure that your experience is unique and memorable.
Insurance and financing are available at the SAME rates and terms for wood and fiberglass. Basic financing terms are normally 20 or 30 percent down, over a term of 20 years. Additionally, the mortgages on vessels often fall under the same tax criteria as a primary or secondary home, with the interest being deductible.
I recently sold 2 very different vessels of my own to purchase my current yacht. One was a modern fiberglass motorsailer, and the other a 1926 restored 65 foot tug boat. Interestingly, insurance costs for full coverage were cheaper per thousand insured on the restored wooden vessel than it was on the modern motorsailer; and maintenance costs were equal.
Maintenance money was spent in different ways, but ended up being the same. I am not suggesting that everyone own a wooden vessel, I am just suggesting that should a high quality vessel be of interest to you, that you may be pleasantly surprised with the ownership experience of either material.
The Tourist Delivery page answers the "how do I get her home?" question.
I live aboard my 100 year old wooden vessel, and have owned both fiberglass and wooden boats. My clients continue to contact me for advice and help for many years after their purchases. Living aboard provides me with an opportunity to help with my clients’ awareness as far as systems that provide service reliably and simply. Don't believe everything you find yourself exposed to in blogs, magazines, and boat shows. My advice to my clients is ALWAYS based on personal experience and since I have no financial relationship with any product or vessel manufacturer, or service; you may rest assured that my only motivation in discussing products and systems is your satisfaction.
Living aboard does not equate to “camping out”, unless you want it to. Make your list of what you have to have (a few of mine were a 30 minute HOT shower, galleys I could enjoy a passion for cooking in, a well ventilated dry and very warm living space, and other desires and requirements), and let’s see if I can make some recommendations. We can hopefully come up with the perfect vessel that fulfills your dreams.
I also acquire and restore my own yachts. In consideration for this passion, you will also find yachts of unique interest and potential value. Some are collectible, and some are projects worthy of time and money well spent.
Thank you for considering Wallace Yacht Company for your next home afloat.....
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Featured Boat
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30' Port Townsend Custom Herreshoff Cutter
1984
US$ 45,000
This yacht shows that length and price are not necessarily the criteria when you seek the finest. A beautiful form which follows function in a pure, exquisite, and robust example! This yacht was born with a hand laid up fiberglass hull and took 5 years to build! Starting with a proven hull design and working within parameters like 6'2" headroom!! This yacht is for one who has owned and sailed a few boats, who is now ready for what will most likely be the favorite of a lifetime. She is bone dry inside and built with materials which will last well beyond our lifetime. With a hull laid up in 1979 and a launching in 1984, this yacht is the product of uncompromising excellence and passion, culminating in a masterpiece of simple functionality.Hand pump water, diesel-fired cook and cabin heat stove, and heavily insulated ice box cold food storage......this stunning yacht exemplifies traditional beauty and simplicity. Bronze chosen over stainless, hand milled lumber chosen over laminates and veneers, and married to time proven fitments like her aluminum mast with twin trrakcs(second track for storm sail), bronze self-tailing winches, and modern yacht braid running lines. This Port Townsend Cutter is currently fitted with a Porti Potti, for ease of use in our waters (no direct discharge heads allowed here) Also, while pictured here with a dodger in some shots, she is not currently fitted with one. As you review the photos under the "full specs" button, please note the details. She has external bronze chainplates, married to bronze backing plates inside. Her bronze safety rails are welded, and not of the common "Erector Set" style, she has no teak rails.....again bronze was the material of choice, clearly custom fitted to this handsome yacht. She is outfitted for heavy and light air conditions with twin whisker poles and the previously mentioned storm track and inner stay. the inner stay drops back and stows so that the yacht can be sailed as a sloop with her roller furling forward stay. This vessel is a special yacht, and should not be missed, especially when contemplating a BCC for 100k and up! Crafted of a hand laid up fiberglass hull, Honduran mahogany, bronze (including stanchions, railings, port lights and most fittings), yellow cedar and teak. This yacht is truly a superb sweetheart and could not be duplicated for many times the very reasonable price. Powered by a Sabb 10 HP 1 cylinder engine with VARIABLE PITCH PROP, electric start and manual back up starting. Why was a Sabb chosen? Two reasons......it can be easily started by hand, should you have a bettery issue in a remote location, and reliability.....this Sabb engine is the most popular LIFEBOAT motor used in the world. I love it for its soothing thumping slow rythm under way. Please click on "full specs", then click on individual pictures for close up shots of what is truly a masterpiece and a once in a lifetime opportunity! She was built in Port Townsend, Wahsington, USA, from the renown "H-28" mold. .
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Wallace Yacht Company
2730-D Washington Street
Port Townsend, WA 98368, United States
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Toll-free 877-305-9828 Tel 360-379-3700 Fax 253-390-3033 Email Us walter@wallaceyachts.com
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http://wallaceyachts.com

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