New boats & used boats for sale - search our large selection of boats from around the world

1989 Hargrave Cheoy Lee Tri-Deck Pilothouse

$2,450,000 USD

  • $2,450,000 USD
  • Joe Collins
  • Active
  • Used
  • Mega Yachts
  • 1989
  • Hargrave Cheoy Lee
  • Tri-Deck Pilothouse
  • Tierre Verde, Florida, US
  • Power
  • 103ft / 31.39 m
  • 23ft 9in / 7.24 m
  • Caterpillar
  • 3412
  • Inboard
  • Diesel
  • Fiberglass
  • 2015-06-18
  • 2016-08-17
  • 1863894


IVORY LADY has been owned by the same owner since new.  She has had light use as evidenced by her engine hours and only used on the East Coast US.  This  series was completely spec'd out by J.B. Hargrave and overbuilt by Cheoy Lee.  IVORY LADY was the first of a series and purposely overbuilt.  She has always been kept behind the owner's house and under his watchful eye.  She is in perfect original condition with some electronic and decor upgrades.


IVORY LADY feels more like a mini ship than a megayacht.  Four water-tight bulk heads, a fire control system incorporating six stations throughout the vessel, dead-lights for every opening port, and oversize prop shafts tell you that this vessel is designed to cross oceans.

But although she is built like a ship, once aboard will confirm that she is one of the finest yachts afloat in her size range.

As you board IVORY LADY at main deck level, wing doors lead to the fully enclosed after deck.  Seven large smoked-glass windows/ports look across the transom.  Access to the salon is through counter-balanced double stainless steel framed tempered glass doors. As you enter from the after, there is a small wiring desk to port and a wet bar to starboard. In the conversation area is a curved, L-shaped couch is the centrepiece of the lounging area.

Forward of the salon is the dining area, a study in curves and expert joinery work.  The sideboards provide storage for all the china and cutlery necessary for formal entertaining.

A main deck master stateroom, or VIP suite, lies forward of the athwartship passage forward of the galley.  The stateroom is the full width of the vessel, with king size bed mounted fore-and-aft on the centreline.  A full ensuite head and shower/tub combination, and plenty of storage.

Crew quarters are below and forward with galley/lounge, two double cabins with over and under berths, and a double cabin with private bathroom for the captain.

Entry to the lower deck guest cabins is via a curving stairway leading below from the salon.

Three guest staterooms, one with double bed, one with twins, and a third with settee that is really arrange as a small study, lie aft.

The owner's stateroom lies forward, with king-sized bed, and his and hers bathrooms.

There is a washer/dryer located in the guest quarters for those guests who prefer to do light laundry chores themselves.

The bridge deck is both comfortable and functional.  The wheelhouse is commodious, with plenty of flat surfaces for charts, and chart drawers large enough to store whatever charts are necessary for world cruising.  Wing doors lead directly to the upper side-decks where control stations both port and starboard have bow thrusters, gear, and throttle controls for tight maneuvering.

Aft of the wheelhouse is a sky lounge with adjacent bathroom, and ideal area for entertaining a few guests when they tire of relaxing on the sun deck immediately aft (again, accessed by counter-weighted stainless steel doors).  There is a Jenn-Air grill, sink, and wet bar located on the sky lounge also.

The engine room is oversize, with special attention given to sound deadening from the rest of the vessel, and more importantly from a mechanical viewpoint, easy access for maintenance procedures.

If you plan on cruising the coast and want to do so in comfort, secure in the knowledge that you have a small ship ready to successfully challenge anything that the sea can dish up, the Cheoy Lee 103 may be the yacht for you.

On Deck Master

  • Centerline Queen berth
  • Two hanging lockers
  • Microflush head
  • Tub
  • All walls and floors are Marble in the head

Below Deck Master

  • Athwartship King berth
  • His and her head
  • Shower and jacuzzi tub
  • All walls and floors are Marble in the head
  • Full size wardrobe
  • Plenty of drawer space
  • Small refrigerator
  • 22" flat screen

Starboard Aft Guest Stateroom

  • Double berth
  • Hanging locker
  • Head with tub/shower all Marble

Aft Port Guest Stateroom

  • Twin lower bunks
  • Hanging locker
  • Shared head w/ office stateroom

Port Side Office

  • Desk
  • Single berth
  • Hanging locker


  • Stand alone bar with refrigerator
  • Two bar stools
  • Large L-shaped settee with handpainted silk
  • 27" Sony TV in a cabinet
  • Dining room table that seats 8
  • Overhead mirror
  • China storage cabinets
  • Galley separate from salon
  • Day head opposite galley


  • GE side by side refrigeration 23.5 cubic feet
  • GE 4 burner stove with oven
  • Whirlpool dishwasher
  • Whirlpool trash compactor
  • Corian counters and walls

Crew Quarters/Lounge

  • Crew quarters are down and forward of galley
  • 18" TV
  • Large crew mess that seats 6
  • 2 burner electric stove top
  • Refrigerator
  • Sink


  • CAT 3412's (850 hp)
  • Two 50Kw 1200 rpm generators (starboard 5550 hours & port 5450 hours)
  • Naiad 402 stabilizers with 16 ft. sq. Fins
  • CruiseAir chilled water A/C
  • Wesmar 50 hp bow thruster
  • CAT mechanical gauges
  • Tank tender gauges for fuel, water & gray water


  • 2 ICOM VHF's
  • Standard Hailer
  • Raymarine E80 Series (2005)
  • Raymarine GPS Chart Plotter & 72 mi.radar
  • Simrad AP 50 Autopilot
  • Full CAT Engine instruments
  • Dart Shaft Tacometers
  • Fuel Floscan Meters
  • Garmin 225 GPS
  • Datamarine Depth Sounder
  • KVH Track phone
  • KVH DDS System

Deck Equipment

  • New Teak decks 1998
  • Lofrans windlass
  • 250' 5/8" chain each side
  • Carlisle Finch Spotlight
  • 16 PFD Type 1 (8 with strobes)

Recent Upgrades

  • Complete paint job - December 2015
  • 15 ton CruiseAir Temperatured A/C - March 2015
  • Complete bottom job - June 2016
  • New refrigerator in galley - July 2016
  • All New headliners throughout boat in process July 2016

Default Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

For Sale By Luke Brown Yachts

1500 Cordova Road Suite 200
Ft Lauderdale, Florida, 33316