1982 Formosa New Horizon 68

Purchased out of Panama, this World Class Formosa is ready for Bluewaters again.

There were only 14 Formosa New Horizon 68 sailboats ever built. At 70 feet long with a 17’ 4” beam, she’s a big beautiful Ketch. This Formosa has a centerboard keel, which makes her very versatile for taking her where you want to go. With the centerboard up, she has a 5’ draft, which deepens to 11’ with the keel fully deployed.

With 3 cabins and 3 heads, there are 2 showers and enough berths to sleep up to 10 passengers. There are 3 double berths and 4 single berths.

The galley is well equipped to keep the crew fed, and the stove is run off propane.

As part of the electronics package, you’ll find an integrated Garmin system with 2 GPS-chartplotters, radar, wind gauge, depth gauge, and the Garmin Reactor 40 Smartpump Autopilot. A VHF radio with AIS is aboard for safety and communication.

The seller reports that this Formosa at one time averaged around 12 knots for one of its lengthy trips. With an 84’ mast, the sail inventory includes the Main, a Staysail, Mizzen Sail, and a newer Yankee sail. All halyards have been updated with Dyneema.

There are 12 winches on board, 2 of which are electric.

Per the seller, The Ford Lehman 150 Turbo engine runs very well and is ready for longer voyages.

The seller does currently live aboard but is preparing the boat to disembark. He’s put around $400k and 18 months of work to make the Formosa just right for serious cruising.

This Formosa is now in Wrangell, Alaska. It’s in a slip.

During the trip, from Bellingham, WA, the seller averaged .61 gallons per mile, averaging 8 knots. There is a lot of excess fuel aboard, as he didn’t use as much as he thought he would.

The seller has stated that he’ll include around $3,000 in fishing gear. And he’ll be willing to deliver the boat back to the Puget Sound area after purchase.