120’ Crescent RISK & REWARD and 132’ Westship CUPCAKE at Auction October 6–7
Two Worth Avenue Yachts listings anchor
Boathouse Auctions’ record five-yacht sale.
Boathouse Auctions is closing out the year with its most ambitious sale yet – five distinctive vessels are heading under the hammer, with two of them being Worth Avenue Yachts central listings.
The online auction platform’s sixth sale of 2026 spans everything from a Vripack-designed explorer conversion to a late-model luxury dayboat. Anchoring the sale for Worth Avenue Yachts are two Superyachts with real pedigree: the 120’ Crescent RISK & REWARD and the 132’ Westship CUPCAKE, each offered by a member of the Worth Avenue Yachts brokerage team. Below is the full line-up:
- 150′ Damen SCINTILLA MARIS (1988) — offered with Burgess Yachts. Opening bid expected $5M+; online bidding opens November 5, 2026.
- 132′ Westship CUPCAKE (2001) — offered with Worth Avenue Yachts. Opening bid expected $2–2.25M; online bidding opens October 6, 2026.
- 120′ Crescent RISK & REWARD (2004) — offered with Worth Avenue Yachts. Opening bid expected in the upper $2M’s; online bidding opens October 7, 2026.
- 100′ Hatteras MAGIC — offered with HMY Yacht Sales. Opening bid expected $2–2.25M; online bidding opens October 8, 2026.
- 40′ Aviara AV40 Outboard (2023) — offered with MarineMax. Bidding opens at $495,000; online bidding opens October 6, 2026.
Listed by Michael Mahan of Worth Avenue Yachts, RISK & REWARD is a 120’ Superyacht with genuine pedigree behind her. Built by Crescent Custom Yachts in Vancouver and designed by the legendary Jack Sarin, she carries a reputation for timeless styling, strong seakeeping, and fast cruise performance throughout.
Delivered in 2004, RISK & REWARD has passed through just three owners, each maintaining her consistently rather than letting upkeep lapse between sales… the kind of ownership history serious buyers look for as closely as the spec sheet. Her interior, originally designed by Robin Rose, sleeps nine guests across four cabins in raised panel mahogany with considered stonework throughout.
On the water, she cruises at 17 knots with a top speed of 21, powered by twin MTU diesels, her semi-displacement hull balancing speed with volume. A full walk-around bar, flybridge Jacuzzi, and gym round out a yacht built for genuine use, not just for looking good at the dock.
With an opening bid expected in the upper $2M range, RISK & REWARD represents a meaningful discount to her build pedigree. Bidding opens October 7, 2026.
Listed by Shannon McCoy of Worth Avenue Yachts, CUPCAKE is a substantial, U.S.-built tri-deck Superyacht with broad appeal… and a name that’s hard to forget.
Launched in 2001 by Westship and recently refreshed with new artwork, exterior cushions, soft goods, and AV equipment throughout, CUPCAKE pairs generous volume with a contemporary interior finished in crème and turquoise tones with mother-of-pearl accents. The full-beam master suite occupies the main deck complete with a king berth and his-and-her ensuites, while the open-plan salon and dining space is built for entertaining.
Above decks, CUPCAKE’s sundeck is the standout: a Jacuzzi, alfresco dining area, and sun pads make it a natural gathering spot, whether at anchor in the islands or tied up for a weekend aboard. She accommodates guests across five staterooms, giving owners real flexibility for family cruising or charter.
With an opening bid expected between $2M and $2.25M, CUPCAKE offers a lot of yacht at a great value. Bidding opens October 6, 2026.
Interested in RISK & REWARD or CUPCAKE?
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