There’s No Free Launch

Orange County, notorious for its high housing costs, is home to at least one other super expensive commodity: boats. In its two harbors at Newport Beach and Dana Point, the county has nine vessels with assessed values in excess of $1 million. Here’s how much the 15 most valuable boats registered in Orange County are worth, along with a list of their owners:

Owner’s Name Assessed Value Brandon Yachts Inc. $2,772,000 Newport Yacht Sales 2,000,000 Perry H. and Bernice Freeman 1,980,000 C. M. Stater 1,881,000 Stephen J. Cannell 1,819,600 B. S. Bukewihge 1,584,000 Louis Sands IV 1,118,000 Milan Panic 1,083,500 International Yachts 1,038,800 Thomas Tedesco 995,000 V. R. Dixon 901,000 Robert E. and Marie Gray 891,000 Newport Campus Church 760,000 Robert L. Waggoner 750,000 Lido Leasing and Rental 702,900

AND IF YOU’RE IN THE MARKET . . .

The 10 most expensive boats anchored in Orange County (though not necessarily registered here) run the gamut from a 111-footer for $6.5 million to a 76-foot sailboat at $750,000. Here are the 10 (actually 11 because two come in at the same asking price) most expensive boats for sale and the vital information:

Length Name (in feet) Type Asking Price Crystal 111 Motor Yacht $6,500,000 Ho Tei 102 Motor Yacht 2,600,000 Entrepreneur 84 Motor Yacht 1,495,000 Top Hatt 65 Motor Yacht 1,225,000 Time Out 61 Motor Yacht 1,150,000 Rypper 60 Motor Yacht 995,000 Ponentino 72 Sailboat 950,000 Le Bon Vive 102 Motor Yacht 895,000 Hallelujah 60 Motor Yacht 775,000 NoName 58 Motor Yacht 750,000 Free Spirit 76 Sailboat 750,000

Source: County Assessor’s Office; BUC Yacht Sales Network