Nadan, Burger's 1920s-Style 46m, Sells at $13.995m Asking

When did Nadan sell and for how much?
Nadan sold in mid-August 2026 through Denison Yachting, brokered by Will Noftsinger and Paolo Ameglio, against a last published asking price of $13,995,000.
Denison Yachting listed the sale on 11 August 2026, naming Will Noftsinger and Paolo Ameglio as the brokers on the deal. SuperYacht Times independently confirmed the sale around the same date and now lists Nadan as not for sale, both signals that the transaction closed rather than the listing simply lapsing. As with most brokerage sales, the closing price was not disclosed; the $13,995,000 figure is the yacht's final published asking price.
Nadan was built in 2009 at Burger Boat Company's yard in Manitowoc, Wisconsin, one of the oldest continuously operating yacht builders in the United States, and previously carried the name Sycara IV. At 46.1 metres, she is the second-largest yacht Burger has built, according to SuperYacht Times' rankings, and one of a small number of full-size American-built superyachts to trade on the international brokerage market rather than staying within US coastal use.

Why does Nadan look like a 1920s motor yacht?
Nadan's navy-and-white hull, twin masts and classic proportions are a deliberate period design by interior designer Ken Freivokh and naval architect Bruce King, built new in 2009 rather than restored from an old hull.
The exterior was designed in-house by Burger Boat Company with naval architecture from Bruce King Yacht Design, and the result reads as a 1920s-era commuter or explorer yacht rather than a contemporary flybridge motoryacht: a dark hull, exposed teak decks running the full length of the boat, twin masts and a low, elegant sheer line. Ken Freivokh Design led the interiors, working alongside Burger's own team, and carried the period theme inside with Madrona Burl wall panels inlaid with Macassar ebony, finishes more associated with 1920s and 1930s motor yachts than anything built new in the 2000s.
The yacht carries an aluminium hull and superstructure rather than the wood construction a real 1920s yacht would have used, so the period look is achieved through proportion, paint and joinery rather than by sacrificing modern strength and maintenance standards. That combination, a genuinely new hull built to a deliberately old profile, is a narrower niche than most of the brokerage market, which is why a sale like this is a useful reference point for the small number of owners specifically shopping for classic styling rather than the glass-and-white-hull look that dominates new build.

What are Nadan's engine, speed and accommodation numbers?
Nadan carries twin Caterpillar C18 diesels for a top speed of 14 knots, and sleeps 9 guests across four cabins with a crew of 7.
According to SuperYacht Times' specification listing, Nadan is powered by two Caterpillar C18 diesel engines rated at 447kW (599hp) each, a combined 894kW (1,198hp), giving a top speed of 14 knots and a cruising speed of 13 knots, figures typical of a displacement-hull motor yacht built for comfortable long-distance cruising rather than speed. She carries 12,110 litres of fuel and 4,541 litres of fresh water, and measures 271 GT across a beam of 8.1 metres and a draught of 1.8 metres, shallow enough for many of the anchorages a classic-styled explorer yacht would typically visit.
Accommodation runs to 9 guests, including a main-deck owner's suite, with a crew of 7 to run the boat. That crew-to-guest ratio, close to one crew member for every guest cabin group, is generous for a yacht this size and points to a vessel built for an owner who wanted full service rather than the leaner staffing some 46-metre yachts run to keep operating costs down. The aluminium hull and superstructure also keep the yacht lighter than a comparable steel-hulled build of the same length, which helps explain how twin mid-range diesels rather than a larger, thirstier plant can still deliver a genuine 13-knot cruise over a multi-day passage.

What does the Nadan sale suggest about the classic-styled yacht market?
A 2009-built yacht selling near its 2026 asking price after 17 years shows that a well-maintained classic-styled hull with recognised design pedigree still holds resale interest, even outside the mainstream planing-hull market most brokerage activity covers.
Seventeen years is a long time in a market where hull design fashions move quickly, and a yacht built to look deliberately old-fashioned in 2009 could easily have become harder, not easier, to sell as tastes shifted further toward minimalist, all-white contemporary exteriors. That Nadan found a buyer at a price close to $14 million suggests the market for genuinely well-executed classic styling, backed by a recognised naval architect in Bruce King and a recognised interior name in Ken Freivokh, has stayed narrower but has not disappeared.
For an owner considering a similar commission today, rather than a resale, the practical read is that classic exterior styling is not, by itself, a barrier to future resale value, provided the underlying engineering is modern rather than the compromise-heavy construction an actual 1920s yacht would carry. Burger's choice to build the exterior look in aluminium rather than restoring or reproducing a period hull is exactly the approach that let Nadan combine an old-world profile with the maintenance and classification standards a 2026 buyer expects.


How unusual is it for a US-built superyacht like Nadan to trade internationally?
Burger Boat Company builds relatively few yachts at true superyacht length, and Nadan's sale through international brokers rather than a purely domestic US deal reflects how small that segment is.
Burger Boat Company, founded in 1863, is one of the oldest yacht builders still operating in the United States, but its output at superyacht length, conventionally 24 metres and above, is small compared with the Italian, Dutch and German yards that dominate the segment. SuperYacht Times ranks Nadan as only the second-largest yacht the yard has built, which places American production at this size firmly in the minority against the hundreds of European-built hulls that make up most of the global fleet over 40 metres.
That scarcity is part of what makes a sale like this worth tracking: American-built yachts at true superyacht length rarely come to the international brokerage market in meaningful numbers, so each transaction is a comparatively rare data point on how those yachts are priced and received outside the domestic US market where most of them are bought, used and eventually sold again. Denison Yachting and Northrop and Johnson both list Burger-built yachts alongside the Italian and Dutch brands that dominate their inventories, and the presence of a boat like Nadan on the same pages as a Feadship or a Sanlorenzo is itself a sign that the international market treats a well-documented American hull as a peer, not a curiosity, once the design and engineering credentials are in place.
What is good, and what to watch
Strong points
- Recognised design pedigreeNaval architecture by Bruce King Yacht Design and interiors by Ken Freivokh Design give the yacht a documented, well-regarded design history rather than an anonymous production hull.
- Generous crew ratioSeven crew for nine guests is a high service level for a 46-metre yacht, suited to an owner who wants full staffing rather than lean running costs.
- Resale value held up over 17 yearsSelling near its 2026 asking price after a 2009 build shows the classic design has not fallen out of favour with buyers.
What to watch
- Slow by modern standardsA 14-knot top speed and 13-knot cruise are well below what a modern displacement or semi-displacement yacht of this length would offer.
- Niche exterior stylingThe deliberately period look narrows the buyer pool to owners specifically drawn to classic design, rather than the wider market that favours contemporary exteriors.
- No closing price publishedOnly the last asking figure is public, so it is not possible to confirm whether the sale closed at, above or below that number.
Practical detail
| Length | 46.1m (151ft) |
|---|---|
| Builder | Burger Boat Company, Manitowoc, Wisconsin, USA |
| Year built | 2009 |
| Previous name | Sycara IV |
| Gross tonnage | 271 GT |
| Beam / draught | 8.1m / 1.8m |
| Naval architecture | Burger Boat Company and Bruce King Yacht Design |
| Interior design | Burger Boat Company and Ken Freivokh Design |
| Guests / crew | 9 guests in 4 cabins; 7 crew |
| Engines | 2x Caterpillar C18 diesel, 447kW (599hp) each |
| Speed | 14kn top, 13kn cruise |
| Fuel / water | 12,110L fuel / 4,541L water |
| Last asking price | USD 13,995,000 |
| Brokers | Will Noftsinger and Paolo Ameglio, Denison Yachting |
| Sale confirmed | around 11 August 2026 |
| What is not published | The closing price and the buyer's identity are not disclosed |
Questions this story answers
What happened?
The 46.1-metre Nadan, built by Wisconsin's Burger Boat Company in 2009 to look like a 1920s motor yacht, sold through Denison Yachting in mid-August at a last asking price of $13,995,000. For an owner drawn to classic lines over a modern hull, the sale is a rare public data point on what a Ken Freivokh-designed, Bruce King-engineered American yacht is worth on the resale market.
What is good about it?
Recognised design pedigree. Naval architecture by Bruce King Yacht Design and interiors by Ken Freivokh Design give the yacht a documented, well-regarded design history rather than an anonymous production hull.
What should an owner or buyer watch?
Slow by modern standards. A 14-knot top speed and 13-knot cruise are well below what a modern displacement or semi-displacement yacht of this length would offer.
Who reported this?
Denison Yachting brokerage news, SuperYacht Times yacht database and news, YachtBuyer fleet listing.
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