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My Desire III...1977 Hatteras 58' Motor Yacht

  • Thread starter Thread starter Triskele
  • Start date Start date
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Triskele

Triskele

Well-known member
Joined
Nov 16, 2012
Messages
264
Status
  1. OWNER - I own a Hatteras Yacht
Hatteras Model
43' DOUBLE CABIN (1970 - 1984)
She looks fairly clean, quite dated, rather original. You'd certainly want a thorough engine survey. If they are asking 159,000 she might be a pretty decent deal if the surveys don't turn up anything to be frightened of.

They think she needs an electronics upgrade. I agree. Fortunately, this is not nearly the most expensive thing to do on this yacht.

I can't tell how the exterior finish looks; photos aren't informative enough. That would be a major item, if she needed paint.
 
I looked at her 4 years ago when they were asking 300k and it was overpriced for the condition. I understand it has had some improvements since ant the price is much better. No idea about mechanical condition. I ended up buying her sister ship from the same year.

Where are you from and how long will you be in the area? Send me a pm with your phone # if you want to talk or come see Windsong in Knoxville.
 
Can't tell you anything about the boat, but Jim Bibb is a first class guy. Haven't seen him in a number of years, but he's a straight shooter who was always meticulous with his boats, especially the mechanical end of it. We both kept boats at Fort Loudoun Dam Marina years ago.
 
For what it's worth, I saw the boat yesterday. As you might imagine, it is a bit long in the tooth. It is now in the possession of the owner of the Harbortowne Marina in Vonore, TN. They have done a complete bottom job and some minor (replaced the carpet throughout) interior upgrades. IMHO, it would require considerably more work to be an acceptable live aboard (which was what I am interested in). I have a 43 DCMY. Was thinking of going to a 53 or larger to get more live aboard space. Having spent three hours going over My Desire III, I have come to the conclusion that I have the best Hatteras on the TN River for the money and will not be looking to go up in boat (size). That 58 is just too much boat (and headaches or $$$$) for one person.
 
Freeebird said:
Can't tell you anything about the boat, but Jim Bibb is a first class guy. Haven't seen him in a number of years, but he's a straight shooter who was always meticulous with his boats, especially the mechanical end of it. We both kept boats at Fort Loudoun Dam Marina years ago.
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Hi Randy. I saw My Desire III yesterday. I was given a bit of the history. Jim Bibb purchased the boat from the original owner, the founder of O'Charley's Restaurants, and was the only owner since the new owner Tony Hale of Harbortowne Marina. The current owner came in possession of the vessel from the estate of Captain Bibb. FYI, Captain Bibb passed away in November of 2013. Here is a link to his obit. http://www.legacy.com/obituaries/salisburypost/obituary.aspx?pid=168079617

BTW, I see you are a 100 Ton Masters Captain. I am thinking of getting the license (registration) myself. Would be interested in speaking with you about the subject. Can I PM or give you a call sometime? Jay
 
I'm sorry to hear of Jim's passing. I'll be happy to talk to you about whatever you like. Will PM you my phone number.
 
I looked at that boat years go, before I bought Sanctuary. My Desire III has been on the market constantly for at least 9 years that I know of...probably more. The boat was way overpriced back then and the price never changed over the years while the economy continued to tank. I have no idea what she is like today, but she was very, very original back in 2005 (right down to some of the drapery) with the exception of the smallest stateroom at the bottom of the stairs from the PH (the area that would be the galley on a galley-down boat). He turned that into an office. I would have wanted to turn it back into a stateroom, but that's neither here nor there anymore. Has the boat even left the slip in all these years? What she does have going for her is that she has been under cover in fresh water all these years. I have a boatload of photographs of that boat somewhere.
 
I just looked at the newest listing from the link above. WOW...she looks a whole lot better than she did when I saw her. Looks like nearly everything inside was tossed out and replaced - appliances, furniture, carpet, etc. and the price is about half now. There used to be so much clutter on the galley countertop that you couldn't tell what the surface finish was.
 
Angela said:
I just looked at the newest listing from the link above. WOW...she looks a whole lot better than she did when I saw her. Looks like nearly everything inside was tossed out and replaced - appliances, furniture, carpet, etc. and the price is about half now. There used to be so much clutter on the galley countertop that you couldn't tell what the surface finish was.
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Hello Angela...thanks for the feedback. With the exception of the "new" galley, carpet throughout, and the bottom job, all else on My Desire III is pretty much as you described. Original equipment that is now in a state of deterioration and definitely in need of upgrades and TLC. As well, much of the mechanical is vintage. As I stated earlier in the thread, too much boat (as in work) for me.

I see you run a charter business out of Florida. I am entertaining the notion of doing the same here on the Tennessee River and Gulf (Mobile to NOLA or possibly Mexico). Most likely will start small with day cruises, some overnights and company events. Would be interested in learning more about your experience with running a charter business.
 
If you are looking for a bit larger and to do some chartering and to live aboard, I own a 70' MY, 1974 that I would like to trade down in size now. I'm located in the St. Louis area and are planing a trip to Kentucky Lake last two weeks of August if you are still looking and think she would suit your needs. Happy to show her off!
 
Will PM you.

Jay
 
Hello Good People, Nice to meet you !

A theoretical enquiry. This thread is a little dated but I've just had a look over "My Desire III " with a penchant to purchase her pending other vessel inspections. Am in Florida presently on task.

My Desire III fits needs despite her age, but I would greatly appreciate knowledge from similar Hatteras owners.

I want to sail her to Australia - ( should I actually make the purchase, pending her being still available and favourable survey, I know, should've said G'Day )

The questions I have bear directly to Range, Reliability and Serviceability. The engines are aged but seem to be prolific amongst motor yachts of this vintage. What sort of fuel burn can I expect from her, ie at 6Kts ? 8.5 Kts ? 10 Kts ? I am thinking at cruise of 8.5 kts in fair weather, a fuel burn of 1.25 to 1.5 nmpg ? Is this a fair assumption ? In any case, nowhere enough fuel onboard to make the journey as I see it.

I'm keen on the the Hatteras 58 Classic and 58 Yachtfish models, just a goodly amount of room. The sportfish versions would be great but the fuel usage and range considerations are too hard to accommodate in comparison the the Classic and Yachtfish.

There are a few nice smaller models available but with a crew of 6+, more space the better.

Any advice is greatly appreciated,

Cheers

SefKay
 
I don't believe I would try that delivery (or even be on board during it!)! A 42 Kady a few slips over from me in Stuart was sold to an Aussie a month ago. They are sending it down under on a ocean going vessel and the cost is around $40,000.00 US. I can get some specifics for you if you would like.
 
sefkay said:
I want to sail her to Australia - ( should I actually make the purchase, pending her being still available and favourable survey, I know, should've said G'Day )
Click to expand...

This boat cannot make it to Australia on her own bottom unless you have a fuel tanker as your companion. You will have to ship it.
 
sefkay said:
Hello Good People, Nice to meet you !

A theoretical enquiry. This thread is a little dated but I've just had a look over "My Desire III " with a penchant to purchase her pending other vessel inspections. Am in Florida presently on task.

My Desire III fits needs despite her age, but I would greatly appreciate knowledge from similar Hatteras owners.

I want to sail her to Australia - ( should I actually make the purchase, pending her being still available and favourable survey, I know, should've said G'Day )

The questions I have bear directly to Range, Reliability and Serviceability. The engines are aged but seem to be prolific amongst motor yachts of this vintage. What sort of fuel burn can I expect from her, ie at 6Kts ? 8.5 Kts ? 10 Kts ? I am thinking at cruise of 8.5 kts in fair weather, a fuel burn of 1.25 to 1.5 nmpg ? Is this a fair assumption ? In any case, nowhere enough fuel onboard to make the journey as I see it.

I'm keen on the the Hatteras 58 Classic and 58 Yachtfish models, just a goodly amount of room. The sportfish versions would be great but the fuel usage and range considerations are too hard to accommodate in comparison the the Classic and Yachtfish.

There are a few nice smaller models available but with a crew of 6+, more space the better.

Any advice is greatly appreciated,

Cheers

SefKay
Click to expand...


That's not a boat for that long of a crossing. If your Broker is not explaining that get a new one. Shipping her 5o Australia will probably be $50k.less than the fuel if she could hold enough to make it.
 
Thanks rasdelman, is there somewhere on the net I can see some pictures and data please. Unfortunately, I'm heading to Key West tomorrow, and then time here in US at an end. Hopefully I'll be back in October to continue with a chosen boat.

Cheers . . sefkay
 
Hi People, thanks for replies. greatly appreciated.

OK, I hear the questions and advice but tell me why it is not a good boat. Yes, I understand fuel issues which can be addressed to some extent with additional storage onboard.

The 53 ft and 58 ft Hatts ( Classics and similar ) are relatively heavy boats, have a nice bow and a fairly decent hull form. Not efficient, but decent nonetheless. The draft seems adequate for the size and height, haven't heard of any defect reports on their stability. The helm stations are more than adequate and the accommodations are comfortable. The machinery is off the shelf, though old and fuel thirsty, relatively reliable and easier than some to service.

Budgeting for fuel would be easy if I could get some accurate fuel figures, actually imperative as figuring on a 2125 nM ocean crossing and wanting a healthy 30 to 40 % reserve, needs some planning. Figures of 1.25 to 1.5 gals / nM are thrown at me but nobody actually said, 'calm sea's at x.x G/nM " or 10 gals an hour at 7 kts '.

Picking the right time for a crossing is a challenge too, however, I'm not planning to leave in the next week or two. Won't happen for a couple of years, gives time to ask, investigate, watch and learn as much as possible about boat, weather, tax and fuel issues.

Other hurdles that an Australian bound boat faces are the import duties, the quarantine inspections and other taxes that fall due on arrival, and before that it needs a permit to import it in the first place. Now, if you figure that the boat will use a tanker full of fuel on which tax is paid in one way or another, then also, the vessels import duty is calculated on the value of the boat, the value of the fuel and the value of the crew and their upkeep. Sorta sobers you up a bit.

Over to the forum !

Thanks in advance
 
sefkay said:
Budgeting for fuel would be easy if I could get some accurate fuel figures, actually imperative as figuring on a 2125 nM ocean crossing and wanting a healthy 30 to 40 % reserve, needs some planning. Figures of 1.25 to 1.5 gals / nM are thrown at me but nobody actually said, 'calm sea's at x.x G/nM " or 10 gals an hour at 7 kts '.

Picking the right time for a crossing is a challenge too, however, I'm not planning to leave in the next week or two. Won't happen for a couple of years, gives time to ask, investigate, watch and learn as much as possible about boat, weather, tax and fuel issues.
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The 58MY is a good boat - I have one and love her, but I think you're missing everyone's point - you CANNOT cross an ocean with that boat. She only has 775 gallons of fuel capacity. If you are trying to figure fuel for a 2125nM trip, you need to look at another boat, or find a fuel tanker to travel in tandem with you. This boat has nowhere near that range, even if you loaded up every flat surface on it with fuel bladders. That boat has been for sale for nearly 10 years, if not that and more, and sat idle for most of those years. She will need a few thorough shake-downs to clear the demons, or at least get to know them and learn how to deal with them, if the guy that recently acquired her has not already done that.
 
Dockwise has a ship from Florida to Brisbane in December. That would be a choice worthy of consideration IMHO.
 
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