Mention a megayacht builder that has embarked on a spec project within the past two years and chances are high that knowledgeable people will blanch. It’s been—and continues to be—a challenge to sign a buyer to a new-build contract, or even sell a yacht, on the somewhat saturated brokerage market.
Raise the idea with Stephen Yadvish, however, and he might grin. The owner of Northcoast Yachts (along with the craftsmen at his Washington State yard) not only conceived of a 125 to be built on spec, but also proceeded to build her while the global economy continued to weaken.
Yadvish has reason to be proud of this 125. Contrary to the approach other spec builders take, she’s not a “vanilla” yacht tended for broad appeal. Certainly, she has her share of features that should please a variety of owners. But this Northcoast dares to be different, in some pretty dramatic ways. In fact, she makes an impression aesthetically and sensibly, with more details than I expected to find in a spec build.