37m Horizon MISS MICHELLE Reduced to $13.5m

A new asking price for a recently delivered yacht

Northrop & Johnson has announced a US$1 million reduction on the 37-metre Horizon motor yacht MISS MICHELLE, bringing the advertised asking price to US$13.5 million. The brokerage published the change on 16 October 2026, with Kevin Merrigan representing the listing. Built in 2025, the yacht is a recent addition to the market rather than an older vessel returning after a long refit.

The announcement is a price adjustment, not a completed sale. There is no verified closing figure or disclosed buyer, and the new asking price should not be confused with a market valuation supported by a transaction. Prospective purchasers should confirm the current terms with the selling broker and assess how the yacht's condition and warranties affect the total acquisition cost.

An example of Horizon's raised-pilothouse design

MISS MICHELLE is a raised-pilothouse motor yacht from Horizon's RP family, conceived around a combination of substantial accommodation and practical operation for longer voyages. The raised helm position separates navigation activity from the main guest saloon and can offer the crew improved visibility while preserving space for entertaining.

The builder uses its high-performance hull development and proprietary SCRIMP resin-infusion process as part of the construction proposition. Such methods are designed to control material distribution and structural weight, but the condition of a particular vessel still depends on manufacturing quality, subsequent operation and proper maintenance. An independent survey remains appropriate even for a yacht only recently delivered.

Twin Caterpillar propulsion and navigation equipment

Northrop & Johnson's specifications identify twin Caterpillar C32B diesel engines, with an advertised cruising speed of sixteen knots and a maximum of twenty knots. The figures should be treated as published performance data, not the outcome of a trial completed by an independent buyer's surveyor. Speed and fuel consumption vary with loading, hull condition and sea state.

The yacht also carries ABT zero-speed fin stabilisers, Furuno navigation systems and Starlink connectivity, according to the broker. These systems can improve comfort and operational awareness, but owners should establish their commissioning status, software support and service history. Modern onboard technology requires updates and troubleshooting just as much as mechanical equipment does.

Two principal suites on different decks

A notable accommodation feature is the provision of a full-beam owner suite on the main deck together with a second principal suite below. This creates options for two family groups or for an owner who wishes to separate regular accommodation from guests. A split arrangement may also help larger parties retain privacy during longer stays.

The quality of the accommodation depends on much more than cabin titles. A viewing should examine access to bathrooms, headroom, daylight, noise insulation and the route taken by crew when providing service. Potential buyers should also compare the finished layout with the plans issued at delivery, including any changes to equipment or joinery made afterward.

Outdoor spaces focused on the water

At the bow, MISS MICHELLE provides sunpads, a Jacuzzi and a dining area. The flybridge adds a bar, grill, lounge seating and a cinema projection setup, as well as space identified for three Jet Skis. These features allow guests to spend much of a warm-weather cruise outside without concentrating every activity in one location.

At the stern, the broker highlights a beach club with a wet bar and fold-out waterside platform. There is also a garage for a fifteen-foot tender. The owner and crew will need to confirm the safe use of moving platforms, watercraft handling arrangements and how guests board when alongside or at anchor. Leisure equipment should always be considered alongside safety and maintenance.

Warranty and US-duty status

Northrop & Johnson describes the yacht as benefiting from two-year Horizon coverage and extended machinery warranties, subject to the underlying agreements. Remaining warranty protection may be attractive on a relatively new vessel, but buyers must establish what is covered, whether the benefits can be transferred and which exclusions apply.

The broker also states that MISS MICHELLE is US Duty Paid. This can be an important distinction when assessing where a yacht may be kept or sold, although the legal and tax consequences will depend on ownership structure and circumstances. A purchasing adviser should review documentary evidence rather than treating the marketing claim as a complete tax opinion.

What the million-dollar reduction means

The price change reflects the seller's current marketing decision. It does not necessarily indicate a change in the condition of the yacht, and a single price reduction should not be used to infer that values are falling across the entire Horizon RP range or the broader thirty-to-forty-metre market. Reliable comparisons require recent confirmed transactions and adjustments for condition, equipment and tax treatment.

Potential purchasers can use the revised price to reopen a technical and commercial assessment. Questions include machinery hours, any warranty work completed, the inventory of tenders and watercraft, and the cost of keeping a yacht of this size in the owner's preferred cruising region. The purchase price is only one part of the ownership decision.

How a buyer should approach a viewing

A buyer considering MISS MICHELLE should begin with the detailed specification, then review construction records, service invoices, class or flag documents and a current equipment inventory. A sea trial and machinery inspection can test assumptions that cannot be settled by exterior photographs or the new price alone.

The confirmed news is that Northrop & Johnson has reduced the asking figure to US$13.5 million. The 2025-built yacht offers a particular combination of two principal suites, substantial outdoor areas and recently installed equipment. Whether it represents suitable value for an owner will depend on due diligence, intended use and the terms ultimately agreed.