Save a Classic: PEGASUS

1960s_DOWNEAST_42_02PEGASUS

PEGASUS is a “Downeast 42” built by Frank Sample, Inc. in Boothbay Harbor, ME, in 1963. The original advertisement from Yachting magazine claims she is “Built in Maine to ‘Take It’”. PEGASUS has an enclosed deckhouse, twin GM 6V53 diesels in an engine space beneath the cabin sole, and all of her original bronze hardware including a 24V Ideal windlass.

She will require a significant rebuild, but her backbone and mahogany planking appear to be in exceptional condition, as does her varnished mahogany interior. The interior cabinetry and layout are reminiscent of the cruising sailboats of the 1940s, and it’s clear that Frank Sample and his crew took particular pride in her construction. She bears no resemblance at all to modern motor homes, and the visibility through the large windows of her pilothouse is spectacular. Depending on the new owner’s intended use (she’s yet unsold), I might choose to omit the flying bridge and the radar mast to give her a sleeker look. PEGASUS has the pedigree and promise to become a first-class yacht—one that’s large enough for extended coastal cruising, yet small enough for casual day use.

As the reader may have noticed, Artisan Boatworks is excited to be expanding into the realm of power boats, where we are applying the same authenticity and attention to detail for which our daysailers have become renown. Please contact us for more information on how this prestigious classic power cruiser could be restored to her former glory for a fraction of the cost of building or buying new. The previous owner of PEGASUS made her available to Artisan Boatworks after I assured him that we would find her a new owner with the passion and capability to undertake the restoration she deserves. This is a project of great personal interest to me, and one that we want very much to carry out. Could PEGASUS be the boat for you? Please give us a call!