Feadship Resale has sold the 33.5m Graycliffs, formerly Moon Sand Too, to an American owner in its third completed Feadship transaction of 2026.
Feadship Resale has completed the sale of the 33.5-metre motor yacht Graycliffs, formerly Moon Sand Too, to an American owner, adding a third completed transaction to the Dutch builder's dedicated resale business during 2026.
The deal was concluded through a Joint Central Listing between Feadship Resale and Edmiston, with Edmiston broker Hannah Wolstenholme representing the buyer and bringing the two sides together. No final sale price has been disclosed.
On the surface, the transaction is another sale within an active pre-owned superyacht market. Its greater significance lies in the relationship behind it. According to Feadship, the owner had already acquired another Feadship through Feadship Resale earlier this year. The sale of Graycliffs therefore completes a transition from one Feadship to another rather than representing an owner leaving the brand altogether.
That pattern is precisely the type of relationship Feadship hoped to develop when it created its dedicated resale operation: keeping the shipyard involved not only when a yacht is built, but as an owner's requirements change, yachts are sold and subsequent Feadships are acquired.
For a brand whose yachts can remain active for many decades, resale is increasingly becoming part of the ownership cycle rather than something that happens after the relationship with the builder has ended.
Delivered in 2016 as Moon Sand Too, Graycliffs is hull 691 and belongs to one of the more unusual chapters in recent Feadship production.
Rather than beginning as a conventional one-off custom project, the yacht emerged from a request by an existing Feadship owner for a smaller vessel capable of reaching cruising grounds and moorings that were difficult for a larger yacht to access. Feadship concluded that developing such a yacht would only be commercially practical if several examples could be constructed around the same basic platform.
The result was a small family of approximately 33.5-metre Feadships sharing the same design concept while allowing owners considerable freedom over their interiors. Feadship's own history of the project identifies Graycliffs as the current name of the yacht originally launched as Moon Sand Too.
The yacht combines naval architecture by De Voogt Naval Architects with exterior design by Studio De Voogt and an interior by Bannenberg & Rowell. Feadship lists a beam of 7.85 metres on its current resale profile and a draught of approximately 1.8 metres, the latter being especially important to the original concept because it allows access to shallower cruising areas than many Feadships of comparable internal volume.
Accommodation is arranged for eight guests in four staterooms. Twin MTU 12V2000 M93 engines provide propulsion, while Feadship records a cruising range of around 3,000 nautical miles. The combination of relatively modest overall length, substantial beam and shallow draught gives Graycliffs a different operating profile from the much larger yachts with which the Feadship name is more commonly associated.
Edmiston had also highlighted the yacht's shallow-draught capability, Bannenberg & Rowell interior and unusually generous accommodation for her length when presenting her to buyers earlier this year. The brokerage displayed Graycliffs at the Palm Beach International Boat Show as one of its Feadship offerings.
That combination may help explain why a relatively compact Feadship can occupy an interesting niche in the resale market. Buyers gain access to Feadship construction and engineering without necessarily moving into the 50-, 60- or 70-metre size categories where operating complexity, crew requirements and annual expenditure rise sharply.
Feadship established its dedicated resale operation around a simple proposition: nobody has deeper historical and technical knowledge of a Feadship than the organisation that originally built it.
That does not mean Feadship is attempting to replace the traditional brokerage market. From the beginning, the builder has described Feadship Resale as complementary to established brokers, working with brokerage houses while bringing shipyard knowledge, vessel history and access to technical expertise into a transaction.
The structure of the Graycliffs sale illustrates the model. Feadship Resale and Edmiston jointly controlled the listing, while Hannah Wolstenholme represented the buyer. Rather than one company attempting to control every side of the transaction, the deal combined the builder's resale organisation with an international brokerage and a broker acting for the incoming owner.
For buyers, this can be particularly valuable when considering an older custom yacht. A yacht may have passed through several ownership structures, undergone refits, accumulated many thousands of operating hours and been modified repeatedly since delivery. Brokerage presentation can explain what the yacht offers today, while builder involvement can add another layer of understanding about its original engineering and construction.
Feadship Resale director Arjen van Elk describes that relationship in terms extending beyond an individual transaction.
“Buying or selling a Feadship is rarely a standalone transaction,” he said in the announcement supplied to Superyacht Guide. “It is often part of a much longer relationship.”
That is more than a marketing message when applied to Graycliffs. The seller's move into another Feadship means the sale itself becomes part of an ownership progression: one yacht is acquired, another becomes surplus to requirements, the older yacht passes to a new owner and the original client remains within the Feadship ecosystem.
For the builder, the commercial benefit is obvious. A yacht delivered ten or twenty years ago can continue generating relationships through refit, technical support, parts, resale representation and ultimately another new-build or pre-owned acquisition.
For the owner, the advantage is continuity. The people involved may already understand how the yacht has been operated, what the owner values and what type of yacht is likely to satisfy the next stage of ownership.
The Graycliffs transaction follows two other significant Feadship Resale deals this year: the 55.2-metre Somnium and the 60.96-metre Samadhi.
Somnium, delivered in 2021, was sold in February with Feadship Resale participating in the transaction. The yacht represented a very different part of the market from Graycliffs. At more than 55 metres and only five years old, Somnium was a relatively recent large custom Feadship. Public brokerage reporting placed her last known asking price at €57.5 million before the transaction, although the final consideration was not disclosed.
Samadhi followed during 2026. The 60.96-metre yacht, originally delivered in 2006 as April Fool, was sold with Feadship Resale participating alongside the brokerage market. The transaction was completed off market, after which the yacht made a long passage from Asia to the Netherlands and returned to Feadship for work tailored to the new owner.
Taken together, the three 2026 transactions show the breadth of the resale proposition. Somnium was a modern 55-metre yacht, Samadhi a significantly older 61-metre vessel with an extensive operational history, and Graycliffs a relatively unusual 33.5-metre shallow-draught Feadship.
There is no single formula connecting them other than the builder.
That is important because specialist builder-backed brokerage becomes more credible when it is not confined to one particular size or generation. Feadship's fleet stretches back decades, and the current resale inventory ranges from historic yachts below 30 metres to modern superyachts well above 70 metres. The builder's resale catalogue therefore spans numerous eras rather than simply assisting owners of recent builds.
The activity also follows a strong first full year for the resale division. Feadship reported involvement in four transactions during 2025, including Savannah, Les Cinq, Project Fun and W. At the end of that year, the company said its resale operation ranked second in the market by number of Feadships sold during 2025 and second by total Feadship listings.
Three further completed sales by August 2026 suggest that the operation is becoming a permanent element of the Feadship ownership model rather than simply another brokerage brand launched into an already crowded market.
There is a wider industry significance to this approach.
The superyacht sector has traditionally separated new construction from resale. Shipyards build yachts; brokers sell existing ones. Yet that division becomes less obvious when the product has an operational life measured in decades and when owners frequently move between yachts from the same builder.
Automotive manufacturers learned long ago that control over approved used vehicles, servicing and customer retention can influence the value of the new product. Yachtbuilding is far less standardised, but some of the same economics apply.
A strong resale market can reinforce confidence in a new yacht because an owner purchasing today knows there is an established network capable of remarketing the vessel later. Conversely, weak resale values can affect the willingness of buyers to commit capital to new construction, particularly as yachts become larger and more expensive.
For Feadship, there is another consideration: its yachts are completely custom and often contain engineering, systems and construction solutions specific to the individual vessel. Technical knowledge retained by the yard therefore has unusual value when that yacht returns to the market.
The model also creates potential continuity between resale and refit. A buyer purchasing an older Feadship may immediately require modifications, survey work, upgrades or a major refit. If the builder is already involved in the transaction, the relationship can move naturally from acquisition into technical assessment and yard work.
Samadhi provides a particularly clear example. Her sale was followed by a return to Feadship in the Netherlands for work reflecting the incoming owner's requirements. The transaction therefore became not the end of one relationship but the beginning of another.
That is the longer-term commercial opportunity behind Feadship Resale.
The transaction itself may generate a brokerage fee, but retaining an owner within the brand can be considerably more valuable. A client who sells one Feadship and buys another may also commission refit work, use builder support services and ultimately return for a new construction project.
Feadship's original announcement establishing the resale business described this as a commitment to lifelong Feadship ownership, with the builder remaining involved as yachts change hands rather than treating delivery as the end of the customer relationship.
The Graycliffs transaction is a practical demonstration of that idea.
For the yacht herself, the sale begins another chapter in a history already shaped by an unusual original brief.
The 33.5-metre Graycliffs was created because an owner wanted Feadship quality in a yacht that could go places a much larger Feadship could not. A decade after delivery, that combination of compact dimensions, shallow draught and Dutch pedigree continues to distinguish her from the majority of yachts in this size range.
The new American owner acquires a vessel whose design came directly from an existing Feadship client's attempt to solve a practical cruising problem rather than from a conventional production-yacht programme.
The seller, meanwhile, remains a Feadship owner.
That may ultimately be the more interesting aspect of the transaction. In the traditional brokerage narrative, a successful yacht sale is measured by the fact that the yacht changed hands. Feadship Resale is attempting to measure success over a longer period: whether the departing owner remains connected to the marque, whether the incoming owner becomes part of the same ecosystem and whether the yacht itself continues to return to the organisation that originally built it.
With Somnium, Samadhi and now Graycliffs sold during 2026, Feadship Resale is building evidence that this approach can operate across very different parts of the fleet.
The next public test will come at the Monaco Yacht Show, where Feadship Resale says it will present a selection of pre-owned Feadships and meet owners considering acquisitions or sales.
For a builder best known for producing some of the world's largest and most complex custom yachts, that presence reflects a broader understanding of where the business of yacht ownership is heading.
Building the yacht remains the beginning.
Increasingly, the relationship that follows may be just as important.
The primary source for the transaction is Feadship Resale's 7 August 2026 announcement supplied directly to Superyacht Guide, confirming the sale of the 33.50-metre Graycliffs to an American owner, the Joint Central Listing with Edmiston, Hannah Wolstenholme's representation of the buyer and the owner's transition to another Feadship.
Feadship — Graycliffs official resale profile
Feadship — Moon Sand Too / hull 691 fleet archive
Feadship — Current resale fleet