Auctions Articles
Boathouse Auctions has successfully auctioned off the exquisite Star Diamond to a new owner. The opulent 46.9-metre Admiral Marine motor yacht was effectively represented by Cromwell Littlejohn of Northrop & Johnson, while the buyer was introduced by Denison Yachting’s Will Noftsinger.
Delivered by Admiral Marine in 1998, the Star Diamond has maintained a pristine condition, following a significant overhaul that concluded in 2024. This renovation comprised an outstanding $9 million in mechanical, structural and shipyard upgrades. The Star Diamond’s elegant interiors are crafted by Donald Starkey, with the brilliant yacht’s design under the masterful eye of Lou Codega.
Audiences may recall the Star Diamond’s remarkable performance in the second season of ‘Below Deck’, under the yacht’s previous alias, ‘Ohana’.
Traditionally, selling a superyacht has been synonymous with a slow, expensive process. Owners often watch their prized sea vessels lingering on the market while the mounting expenses eat away at the vessel’s value. However, a fresh player in the field, Boathouse Auctions, offers an excellent alternative: a streamlined and limited-time approach designed to rev up sales, cut down on carrying costs, and pave a quicker, more efficient path to immediate liquidity.
This innovative model, spearheaded by founder Jack Mahoney, is already transforming the superyacht sales landscape, redefining owner expectations, and proving that, in the current climate, auctions can actually make sound financial sense. Boathouse Auctions stands as a testament to this excellent blend of speed, efficiency, and commercial acumen.