62′ Leland Parsons Custom gaff rigged schooner


Condition & Valuation


Client:                 Removed for privacy Date of report:  June 22, 2021
Current owner: Removed for privacy Our file #:         21 – 20116web


Location: Driscoll Boat Works Date of inspection: June 14, 2021
               Shelter Island San Diego, CA

Scope of Services


The vessel was examined by the surveyor and/or surveyor’s agents from all accessible areas of the interior without removal of secured panels, destructive testing or disassembly.  The hull bottom laminate, plating and/or planking was examined by percussion sounding and visual inspection only. No moisture content readings were taken, and no destructive testing was performed.  The surveyor may have used a moisture meter if/when they deemed it useful or if specifically requested by client.  Exterior hardware was visually examined for damage and drive components were tested by sight only.  The inspection of engines, generators, machinery and related mechanical systems is not within the scope of this survey.  Only a brief cursory inspection of the machinery was conducted, and no opinion of their overall condition was formed.  Client shall retain the services of a qualified mechanic, engine surveyor or other expert to inspect such engine, generators, machinery and related mechanical systems.  Tankage was inspected from visible surfaces only and no opinion was rendered as to their overall condition.  On sailing vessels, the rig was not inspected aloft, nor were sails inspected unless they were visible during a sea trial.  Client shall retain the services of a qualified rig surveyor or other expert to inspect sails, rigging and equipment.  The electrical system was visually inspected where accessible, and electronic and electrical components powered only with permission of or in the presence of the vessel’s owner or agent.  No in-depth testing or examination of the electrical system or electric schematic was conducted.  Specifications were taken from published sources, measurements if made, should be considered approximate.  The recommendations are based on federal and state regulations, industry standards, and/or surveyor‘s own personal experience.  The market value is based on research of available new/used comparable vessels, with consideration of geographic area where the vessel is located and reported sale prices where available.  The surveyor will refer to and may reference CFRs, NFPA and ABYC recommendations (and/or other services) as the surveyor deems reasonable but not all regulations and recommendations will be applied nor should this report be relied upon as full compliance with the aforementioned entities.  Every vessel inspection is different, and limitations may alter the scope of this survey, some limitations will be implied in the text of the report and some will be explicitly detailed. A Marine Survey Agreement which is reviewed and signed by the client details the terms governing this marine survey.







Builder:         Leland Parsons Doc. #:                Removed for privacy
Model/type:   Custom gaff rigged schooner Engine/MFG:       Ford Lehman
Year:             1984 * H.P. per:              85
Length:          62’ 4” (without tender measured), 54’ length on deck and 65’ loa Serial numbers:   Not seen

reported by the client

Draft:             6’
Beam:           16’ * Type of instal. :    Diesel, four cylinders,
Name:          Removed for privacy

Hailing Port:        San Diego, CA

HIN:               None *

* Certificate of documentation

     two PTOs, hydraulic drive system

Generator:           Northern Lights

model M673D.3 and serial no. 6732-



The vessel was inspected while hauled and afloat.  Hull construction material is cold molded plywood and epoxy, the client report seven layers of ABX plywood.  Deck and above deck structures are constructed of fiberglass and plywood.  Bulkheads are constructed of plywood, client reports four layers of ABX plywood.  Overall condition of the hull structure appears good.  The vessel’s weight is reported at 60,000 lb.  Exterior rails and hardware appear good.  Mast, mast step, standing rigging and chain plates, where visible, appear satisfactory – good. Cosmetic condition of vessel appears satisfactory externally and satisfactory – good internally.  Vessel’s external colors are green.  Below waterline through hull fittings appear satisfactory – marginal, the one valve is missing its handle.  The vessel is equipped with one manual and three submersible electric / automatic bilge pumps that appear satisfactory – marginal and the bilge is holding minimal fluid (oil and water).  The ventilation system consists of three blowers and natural ventilation and appears good.  General housekeeping appears good.
Summary: Satisfactory – Good 



Engine’s external surfaces appear satisfactory and exhibit moderate rust and oil.  Engine hour meter exhibits 1139 hours.  Motor mounts appear satisfactory.  Cooling system appears satisfactory.  Fuel system and components appear satisfactory.  Exhaust system and components appear satisfactory.  Electrical system and components appear satisfactory.  Engine control system appear satisfactory and shaft log appears satisfactory.  Steering control system appears good.  Propulsion components appear good.  Generator surfaces and motor mounts appear good (mostly not inspected).  Generator’s peripheral components and systems appear satisfactory – good.  Waste system and components appear satisfactory.  General service seawater systems appear satisfactory.
Summary: Satisfactory – Good 



There is 300 gallon capacity in two black iron tanks located in salon and forward cabin bilge spaces on centerline.  Fuel tank surfaces, where visible, appear good, and the securing mechanism appears excellent.  The fuel fill, vent, feed and return lines and components appear  good.  Fuel fill to tank bonding appears good.  Fuel shut off valves are located  by filters and appear satisfactory.
Summary: Satisfactory – Good 



The AC shore cord, inlet and connections appear good.  The AC wiring and outlets appear satisfactory.  The AC main feed are protected with circuit breakers.  Battery arrangement appears good.  Batteries are equipped with  disconnect switches.  DC wiring appears satisfactory.  Circuit protection for the AC and DC branch system appears satisfactory.  Wire terminations and connections appear satisfactory.  Wire organization and arrangement appears satisfactory.
Summary: Satisfactory 



Vessel has four type B:C size I (2002) and two (2004) portable fire extinguishers.  Vessel has Fireboy 35CG halon 1301 (reportedly serviced in 2016), second unit reported in generator box fixed fire suppression system (not seen).  The vessel includes no CO alarms.  The safety components include: various PFDs and two throwable PFDs; distress flares with expired certification; 75 lb. CQR anchor with chain and line rode that appears good.  Vessel has a 30 lb. Danforth anchor (not aboard) with line rode.  Navigational and anchor lights appear satisfactory; there is no steaming light. Vessel has current navigation rules.  Vessel has oil, waste placard and waste management plan. Other safety equipment includes ship’s bell, MOB pole, EPIRB with a 2011 battery date sticker, Last Watch II Helmsman minder, airhorn.
Summary: Satisfactory 



Vessel is equipped with LP, which fuels the bbq grill, range and fireplace.  Tank external appearance is good and they are properly secured.  Ventilation appears good.  Tank valves were opened and an odor was not noticed.  Feed line is equipped with a reducing regulator and an electric shut off solenoid and feed lines appear satisfactory.  System includes a Xintex S – ZA LP detector / controller.
Summary: Satisfactory 



The vessel was not inspected at its normal slip location.
Summary: N/A



Bow sprit, Sampson post, hydraulic windlass, four deck prisms, two butterfly deck hatches, six dorade boxes, water pressure inlet, hydraulic winch, Magma LP gas grill, transom davits, sailing . rowing dinghy, boom gallows, hydraulic and tiller steering, Ritchie compass, interior (pilothouse) and exterior (aft deck) engine controls, insulated shroud (for antenna), spreader lights, 30A / 125V shore power inlet and cord, GFCI outlet, Raymarine C120 multi-function device with radar and plotter, Raymarine ST60 and wind and ST60 and tri-data, Raytheon Ray 55 vhf, Raymarine ST8002 autopilot, engine instrumentation includes tachometer, three temperature, oil psi, amps and hour meter, generator instruments include 2 temperature, amp, oil psi and hours (126), navigation rules, Icom AT-140 antenna tuner, water heater, Uniden ES UM525 vhf, Icom IC – M802 HF transceiver, computer, GE clothes washer and dryer, oil and garbage placard, waste management plan, aft head includes electric head, sink and shower / tub aft berth compass, aft head has a macerator pump, gimballed dining table, Chelsea ship’s clock and barometer, oil / amp, opening bronze port lights, Kenmore galley refrigerator and freezer, three burner LP range, galley sink with macerator pump, freshwater pressure pump, internal sea strainer, fuel transfer and priming pumps, washdown / fire pump, Newmar 12 – 1800 IC Perfect Wave inverter / charger, two water level gauges, electrical distribution panel includes main and branch AC and DC circuit breakers, Dickinson lp heater, air compressor, tri-color lights (on top of mast)




The vessel is a cold molded custom sailboat equipped with a diesel engine and a diesel generator.  The vessel is unique in many aspects.  The current owner built the vessel and stated that the design was borrowed from a book of designs, and an engineer, Bill Davidson, drew the scantlings from the design.  The design is based on a late 1700s / early 1800s Gloucester fishing schooner. The client built the vessel from these designs over 29 years (ten year hiatus).  The hull is made of seven layers of 3/8 inch plywood with epoxy and silicone bronze ring nail fastenings.  The exterior of the hull has been encased in fiberglass and the interior of the hull has been encased in fiberglass to the waterline.  The deck and superstructure are constructed of plywood and fiberglass.  The masts, booms, bow sprit and several other components were made by Bill Clarke, a San Diego area shipwright.  The propulsion system is a hydraulic system driven off the main engine.   The vessel is well designed and built and the client stated he became a shipwright in 1957 and has worked in the marine industry since.


The client stated that he documented the vessel as having its keel laid in 1984 and launched the vessel on May 5th, 2005.  The client has lived aboard the vessel since it was launched.  In addition to hydraulic propulsion, the vessel has a hydraulic system which controls the bow and stern thrusters, windlass and a deck winch.


The vessel is currently hauled for bottom paint.  The vessel is structurally sound and suitable for its intended purpose as a coastal cruising vessel.

Overall Summary: Satisfactory – Good 


Standard form key:     We use subsection and overall ratings to summarize conditions found, based upon their appearance.  Ratings include: Not examined, Not applicable, Faulty, Marginal, Satisfactory, Good, Excellent.






Removed for privacy

The actual cash value is the value that our research approximates the selling price of this vessel should be, at the time and place of our inspection.  Consideration is given to vessel’s condition, geographic location, published listings and guides, comparable sales and listings, and market conditions.  The new replacement value is the cost of this or a similar, new vessel, comparably equipped.  The investment is the reported investment including purchase price and significant upgrades.  No values include maintenance costs, storage or tax.  The most relevant data found while researching the value is included below.  We primarily use market value analysis methodology for determination of value.


Explanation of value opinion: The vessel is a custom vessel and thus the value is to a large extent based on the surveyor’s experience and comparing it to what the surveyor believes would be the type and quality of comparable vessels included in the soldboats.com reported sale prices and the yachtworld.com listing prices below.  The most comparable vessel is the 2005 French and Web custom that reportedly sold for $990,000 in May, 2021 in Bainbridge Island, Washington.  However, it was built by a known builder and is much newer.  This boat compares in the type of boat and construction quality as the boats in the range of value listed.


Length ft Boat Year Sold Date Sold Price Listed Price Boat Location
53 Nautor Swan 53 1988 17-Jun-21 170,000 175,000 Le Phare Bleu Marina, Grenada
54 Irwin Ketch 1988 14-Jun-21 340,000 350,000 Saint Petersburg, OH, USA
60 Oyster 61 Deck Saloon 1996 11-Jun-21 411,030 411,030 Ardrossan, North Ayrshire, United Kingdom
54 Hylas 54 Raised Salon 2004 10-Jun-21 549,000 549,000 Fort Lauderdale, FL, USA
57 Nautor Swan Swan 56 1999 8-Jun-21 393,113 524,150 Izola, Slovenia
62 Nautor Swan Swan 60 2001 8-Jun-21 744,532 1,072,125 Rimini, Italy
59 Farr 56 Pilot House 2005 3-Jun-21 450,000 549,000 Phuket, Thailand
50 Wever 52 Ocean Going ketch 1999 3-Jun-21 413,364 452,675 Port Grimaud, Var, France
53 Hallberg-Rassy 53 1995 25-May-21 369,288 391,921 Medemblik, Netherlands
52 Island Packet 485 2005 24-May-21 431,000 439,000 Hilton Head Island, SC, USA
50 French & Webb Custom 2005 14-May-21 990,000 997,000 Bainbridge Island, WA, USA
55 Tayana 55 1986 5-May-21 285,000 299,000 Pelham, NY, USA
61 Oyster 61 Deck Saloon 1998 3-Apr-21 320,484 411,055 Ipswich, Suffolk, United Kingdom
55 Wever 53 Ketch 2001 2-Apr-21 333,562 589,689 Katwoude, Netherlands
62 Custom Ketch 1992 16-Feb-21 180,000 190,000 Sausalito, CA, USA
50 Valiant 50 2001 30-Dec-20 250,000 275,000 Seattle, WA, USA
50 Able Chuck Paine Apogee 50 1998 29-Dec-20 425,000 439,000 Annapolis, MD, USA
53 Hallberg-Rassy 53 2001 21-Dec-20 416,938 470,544 Biograd na Moru, Croatia
54 Contest 55CS 2003 23-Dec-20 384,170 439,561 On request, Spain
60 Lyman-Morse Hood Custom 60 1999 3-Dec-20 1,050,000 1,200,000 Newport, RI, USA
54 Colin Archer Bronsveen 55 1998 2-Dec-20 446,719 506,281 Katwoude, Netherlands
54 Hylas 54 Raised Salon Centerboard 2004 27-Nov-20 559,000 599,000 Fort Lauderdale, FL, USA
52 Koopmans 47 1992 19-Nov-20 225,146 237,059 Kiel, Germany
57 Bristol Custom 57 1994 28-Oct-20 360,500 399,000 Fort Lauderdale, FL, USA
51 Hoek 51 2002 24-Aug-20 268,031 354,993 Hindeloopen, Netherlands
52 Custom Westsun 52 1990 10-Aug-20 107,213 154,267 Enkhuizen, Netherlands
50 Taswell 50 1997 23-Jul-20 338,000 395,000 Kemah, TX, USA
57 Tayana 58 2003 15-Jul-20 350,000 399,000 Deale, MD, USA

Gulfstar MKII

US$359,000 *

60 ft / 1985

Lighthouse Point, Florida, United States

Rick Obey Yacht Sales California

Little Harbor 60

US$795,000 *

60 ft / 1994

Somerset, Massachusetts, United States

Wellington Yacht Partners, LLC

Custom Ketch

US$249,000 *

60 ft / 1989

Kaneohe, Hawaii, United States

Honolulu Yacht Brokerage International LLC

Price Drop: US$25,000 (May 25)

Hinckley Sou’wester 59

US$368,500 *

59 ft / 1985

Little Compton, Rhode Island, United States

Northstar Yacht Sales, LLC

Beneteau 57

US$445,000 *

57 ft / 2005

San Diego, California, United States

Cruising Yachts – San Diego, Marina del Rey & SF Bay Area

Islander 56

US$370,000 *

56 ft / 1992

Longboat Key, Florida, United States

David Walters Yachts

Northwind 56

US$289,900 *

56 ft / 1989

Jersey City, New Jersey, United States

Sea Bright Office

Price Drop: US$15,000 (Jun 15)

Amel CC Ketch

US$545,000 *

54 ft / 2005

Honolulu, Hawaii, United States

Sale Pending

Honolulu Yacht Brokerage International LLC

Irwin 54

US$375,000 *

54 ft / 1990

Merritt Island, Florida, United States

Gulf Coast Yacht Sales

Little Harbor 54

US$389,000 *

54 ft / 1990

Portsmouth, Rhode Island, United States

Wellington Yacht Partners, LLC

Little Harbor 54

US$475,000 *

54 ft / 1989

Burgess, Virginia, United States

Wellington Yacht Partners, LLC

Little Harbor 54

US$425,000 *

54 ft / 1995

Branford, Connecticut, United States

Sale Pending

Wellington Yacht Partners, LLC

Hylas 54

US$499,000 *

54 ft / 1999

Charleston, South Carolina, United States

Denison Yachting – Charleston

Hylas 54 Raised Salon

US$499,000 *

54 ft / 2003

Annapolis, Maryland, United States

David Walters Yachts

Little Harbor 53

US$425,000 *

53 ft / 1988

Shelburne, Vermont, United States

Wellington Yacht Partners, LLC

Skookum Center Cockpit Ketch

US$229,999 *

53 ft / 1984

Portland, Oregon, United States

McCuddy’s Marina – Hayden Island Yacht Sales


Price Drop: US$116,000 (Jun 17)

Sparkman & Stephens Semi-Custom 53 CC

US$279,000 *

53 ft / 2004

Charleston, South Carolina, United States

Wellington Yacht Partners, LLC

Norseman 535

US$235,000 *

53 ft / 1986

Jensen Beach, Florida, United States

Love That Yacht

Live Video Tour

Island Packet 485

US$439,500 *

52 ft / 2005

Punta Gorda, Florida, United States


Irwin CB MK II

US$149,500 *

52 ft / 1984

Fort Pierce, Florida, United States

Edwards Yacht Sales

Irwin Ketch

US$225,000 *

52 ft / 1987

Kemah, Texas, United States

Little Yacht Sales

Sparkman & Stephens Stellar 52 Raised Saloon

US$299,000 *

52 ft / 2002

Hilton Head Island, South Carolina, United States

David Walters Yachts

Request Info

Irwin 52 Cruising Yacht

US$299,900 *

52 ft / 1984

Saint Petersburg, Florida, United States


Tayana 52 Center Cockpit

US$229,000 *

52 ft / 1987

Marion, Massachusetts, United States

Sailboats Northeast

Vagabond 52 Pilot House Ketch

US$299,000 *

52 ft / 1989

Daytona Beach, Florida, United States

Yacht Brokers, LLC of Daytona

Tayana Center Cockpit

US$145,000 *

52 ft / 1991

Brisbane, California, United States

Richard Boland Yachts

Hudson Force 50 Ketch

US$175,000 *

50 ft / 1987

Fort Pierce, Florida, United States

Knot 10 Yacht Sales

Taswell 50

US$349,000 *

50 ft / 2000

Annapolis, Maryland, United States

David Walters Yachts

Gulfstar Sloop

US$79,000 *

50 ft / 1987

Shelter Island Heights, New York, United States

Curtis Stokes & Associates

Farr 50 Pilot House

US$339,000 *

50 ft / 2000

Honolulu, Hawaii, United States

Honolulu Yacht Brokerage International LLC



This survey is for the express purpose of insurance.  It is not meant as a buyer’s survey.




These recommendations are the surveyor’s ideas and suggestions for addressing deficiencies with damaged or suspect components or systems found during survey or general improvements.  The primary recommendations address safety items, structural issues, operational issues or deficiencies which the surveyor determines are of greater importance or more expense than secondary deficiencies.  For instance, items that pose a risk to passenger safety or immediate property damage are listed under primary deficiencies and cosmetic concerns are addressed under secondary deficiencies.  Most of the recommendations have been addressed in the comments and usually they are discussed at the time of the inspection.



  1. Maintain the fixed and portable fire extinguishers per NFPA recommendations.  Extinguishers should be inspected and tagged annually and inspected by a qualified technician or replaced every six years.
  2. Provide federally required, approved and current distress signal flares.
  3. Replace the battery in the EPIRB.  Maintain the EPIRB per the manufacturer’s recommendations.
  4. Provide a mast head / steaming light to comply with federal and international requirements.
  5. Test and prove the propane alarm, service if / as necessary.  It was not tested.  Assure the “fire place” is designed for this application, is approved by the manufacturer for installation in vessels and its use complies with ABYC and NFPA recommendations.
  6. Service the engine for salt crystals on the heat exchanger and oil on the engine surface.  Eliminate the causes, address deficiencies illuminated by these conditions and clean to allow detection of any future weeps or leaks.
  7. Replace the low pressure hose on the small PTO on the engine, it is an exhaust / water hose that is carrying oil and is wet with oil.
  8. Address the water weep at the engine’s exhaust mixing elbow.  Eliminate the weep / leak and clean staining and corrosion at and below this location to allow detection of any future weeps or leaks.
  9. Replace the handle on the through hull valve supplying the sea chest and prove the valve properly functional.
  10. Service and prove the salon bilge pump functional, it did not function with its float switch.  The bilge pumps are all equipped with boost pumps, assure that the boost pumps are all functional as an inoperative pump in line will diminish the volume of water.  Assure compliance with ABYC recommendations.
  11. Service corrosion on the sea chest and related components.  Eliminate any weeps and leak and remove corrosion to allow detection of any future weeps or leaks.


  1. Properly secure the hydraulic control valve for the winch which is currently loose due to maintenance which is underway in the locker.


  1. Install a cover over the electrical junction box below the port to pilothouse bench seat, it is loose, work is underway in this area.
  2. Wires are not well organized in the port pilothouse bench seat locker, we recommend improving organization, bundling and securing of wires and compliance with ABYC recommendations.
  3. Clean the oil from the salon bilge, eliminate the source of oil which is at least partially the main engine.
  4. The exterior hull paint is failing, this is a cosmetic issue, address as desired.
  5. The forward head is currently out and a replacement head has reportedly been ordered.  Complete the installation of the head.
  6. Address the cracks in the fiberglass encasement for the rudder, most significantly visible at the lower supports.  Following the survey the client sent photos of the area revealing the cracks were superficial.



This survey sets forth the condition of the vessel and components, as specifically stated only, at the time of inspection and represents the surveyor’s honest and unbiased opinion.  No part of the vessel was disassembled or removed and no assumptions should be made as to the condition of concealed components.  Specifics were obtained from sources available at the time of inspection and are believed correct, but are not guaranteed to be accurate.


I/we certify that, to the best of my/our knowledge and belief:


The statements of fact contained in this report are true and correct. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my/our personal, unbiased professional analyses, opinions, and conclusions. I/we have no present or prospective interest in the vessel that is the subject of this report, and I/we have no personal interest or bias with respect to the parties involved.  My/our compensation is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event.  I/we have made a personal inspection of the vessel that is the subject of this report.  This report should be considered as an entire document.  No single section is meant to be used except as part of the whole.  This report is submitted without prejudice and for the benefit of whom it may concern.  This report does not constitute a warranty, either expressed, or implied, nor does it warrant the future condition of the vessel. It is a statement of the condition of the vessel at the time of survey only.   The submitting of this report creates no liability on the part of Christian & Company or the individual surveyor.  This survey report is not intended for use as a “buyer’s survey”.



Christian & Company, Marine Surveyors, Inc.

By:  Mr. Kells Christian, Surveyor   SAMS – AMS #301