Navy Sailboat Put on Auction Block for $25 - NBC Chicago

Navy Sailboat Put on Auction Block for $25

Bidding for the 50-foot boat starts at $25



    Navy Sailboat Put on Auction Block for $25
    Government Liquidation

    Got $25? You could just buy yourself a sailboat, thanks to the U.S. Navy.

    As part of a government liquidation, the U.S. Department of Defense is auctioning off a 50-foot sailboat to the highest bidder.

    But this vessel isn’t what you’d expect from a former Navy craft.

    The three-hulled, high-performance Contour 50 boat, which is now in Harbor Island, was used for “experimental training and recreational purposes,” according to Liquidity Services, Inc.

    Built in the mid 2000s, the craft has undergone some modifications but still has its wing sail, rigging and mast assembly, as well as an inboard 40-horsepower engine.

    If that’s the kind of recreational services sailors are privy to, it’s safe to say the Navy has some decent perks. Now, the craft is going to a private owner who’s ready to hit the open ocean.

    Bidding for the sailboat starts at $25 on Aug. 20 at 9 a.m. PT and closes Aug. 22 at 2 p.m. The auction will be held online on the Defense Department’s auction site,