Alyce and I have had Periwinkle since '96. The previous owner was in the process of moving from a rented place to a new house with no offers at the price he was asking. Given the unfinished state of the boat, it nearly got chopped up. Going into the project I knew the boat needed the following:
new engine (inboard or outboard, we hadn't decided at the time)
major deck recore - the foredeck was a swollen mass of spray-in-foam, water, rotten balsa and tile-grout (no kidding)
the coach roof was full of water on the port side
rudder was in three pieces
the boat needed a complete electrical & plumbing replacement
there was also some visible keel damage masked by bondo
Here is what the boat looked like on delivery day:
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