48.8m Trinity NO BAD IDEAS Returns to Market at $21.9m After $20m Refit

The 48.77-metre Trinity motor yacht NO BAD IDEAS has returned to the sales market with Northrop & Johnson at an asking price of $21.9 million. The listing follows a two-year refit reported at $20 million and completed in April 2024, making the scale of recent investment almost as notable as the yacht’s current asking price.

Northrop & Johnson says the yacht will be available for viewings during the 2026 Fort Lauderdale International Boat Show from 28 October to 1 November. For prospective buyers, that creates a near-term opportunity to inspect a yacht whose recent work extended well beyond interiors and cosmetic presentation.

The refit changed the yacht structurally

Among the most significant changes, the hull was extended by 10 feet and the keel by approximately 25 feet, while more than 27 tons of ballast were added. The brokerage also reports that more than 60% of the hull plating was renewed and that work covered through-hulls, stern tubes, rudder foils and stabiliser foundations.

The rudders were increased in size by 25%, according to the sale announcement, while a new mast and hardtop were fitted and the teak decks were replaced. Taken together, those works make this a materially altered yacht rather than a conventional refresh centred on paint, fabrics and furnishings.

Guest areas were rebuilt around outdoor use

The flybridge now includes a forward Jacuzzi, custom bar and U-shaped dining area, while the bridge deck aft provides shaded dining for 12 with a wraparound settee. A second Jacuzzi for up to 10 people has been incorporated into the swim-platform area, extending the social spaces closer to the water.

A La Mer redesigned the interior for 12 guests in six staterooms. The accommodation includes a full-beam main-deck master, two lower-deck VIP cabins with king beds, two convertible twin-to-king cabins and a main-deck VIP spa suite with a convertible massage table.

Systems investment now becomes part of the sale case

Connectivity and entertainment were also updated, with Northrop & Johnson listing a Savant AV system, dual Starlink antennas and Sailor VSAT among the installed equipment. The yacht’s ABS class survey has recently been completed, giving buyers another current technical reference point as they begin due diligence.

The asking price inevitably invites comparison with the reported refit spend, but the two figures measure different things and should not be treated as a simple value equation. The more useful market signal will be the eventual transaction price and time on market, particularly for buyers comparing comprehensively refitted older yachts with newer builds at a similar capital level.