Unfinished Maine yacht to be auctioned

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The 70-foot Deerfoot sailing yacht Ipanema girl goes on the block in 10 days, a half-built dream vessel looking for a new owner.

The yacht recalls the Golden Age of sailing and was intended for long-distance travel — glamorous enough to cruise among the glitterati of the Mediterranean and rugged enough to round Cape Horn's swirling currents and vicious winds.

She was commissioned by an Englishman living in Brazil and designed by a Norwegian based in Copenhagen. She was being built by Lyman-Morse Boatbuilding in Thomaston - at least until the financial crisis hit. Richard Lee, the sloop's owner, was no longer able to finance the $3.69 million price tag, according to a lawsuit filed by Lyman-Morse in U.S. District Court for the District of Maine.

Now she sits, 60 percent finished, waiting for a public auction on Aug. 1.

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