1985 Gozzard PILGRIM “OLIVE OYL” $10k Price Reduction

1985 Gozzard Pilgrim 40 M/V "Olive Oyl"

Olive Oyl is a beautifully crafted Canadian-built cruiser that exemplifies Ted Gozzard's legendary approach to yacht design—combining timeless styling, exceptional craftsmanship, and ingenious use of space. Designed with long-range cruising in mind, the Pilgrim 40 has become one of the most respected vessels for Great Loop adventures and coastal cruising.

Lovingly owned by her current owner since 2012, Olive Oyl has benefited from thoughtful upgrades and meticulous care. In 2010, she was repowered with a Perkins 135 HP diesel engine, delivering dependable performance, excellent reliability, and impressive fuel efficiency. Cruising comfortably at 7 knots, she burns approximately 2 gallons of fuel per hour, making her an economical and capable choice for extended cruising, including America's Great Loop.

From her covered side decks and spacious flybridge to her warm teak interior and intelligent accommodations, Olive Oyl offers a level of comfort and functionality rarely found in a yacht of this size.

Highlights

• Current owner since 2012
• Repowered in 2012 with a Perkins 135 HP diesel engine
• Approximately 738 engine hours since repower
• Cruises at 7 knots, burning approximately 2 gallons per hour
• Designed specifically for the Great Loop
• Three fuel tanks totaling 210 gallons
  • One replaced in 2025
  • One replaced in 2018
• 140-gallon freshwater capacity
• Vetus bow thruster
• Lewmar Pro-Series electric windlass with 200 feet of chain
• Three reverse-cycle air conditioning systems
  • (2) 16,000 BTU
  • (1) 12,000 BTU
• Westerbeke generator
• Magnum inverter/charger
• Garmin navigation electronics
• Beautiful teak interior with parquet flooring
• Recently reupholstered salon sofa and fantail seating

Accommodations

The Pilgrim 40 is famous for feeling much larger than her actual length, thanks to Ted Gozzard's thoughtful design. Every inch has been utilized to maximize comfort, privacy, and storage.

One of the yacht's signature features is the Gozzard-designed partition separating the salon from the galley. This innovative feature creates privacy for overnight guests while maintaining an open, inviting living space during the day.

Rich teak joinery, abundant natural light, and beautiful parquet flooring create a warm, traditional atmosphere throughout the yacht.

The salon features a recently reupholstered sleeper sofa, allowing additional overnight accommodations, while the fantail bench seating has also been recently reupholstered, creating a comfortable outdoor entertaining area.

Owner's Stateroom

The owner's cabin features a comfortable queen Pullman berth with impressive storage throughout.

Highlights include:

• Vanity
• Large hanging locker
• Storage compartment behind the berth containing vessel manuals and documentation
• Excellent natural ventilation

Heads

Olive Oyl offers two heads, making extended cruising comfortable for owners and guests.

Primary Head

• Full-size separate shower
• Raritan Elegance Smart Toilet
• Vanity with sink
• Exceptional hanging storage for clothing and foul-weather gear

Guest Head

• Electric head conveniently located adjacent to the guest cabin

Galley

The galley is designed for serious cruising with abundant storage and a full pantry, making provisioning for extended voyages simple.

Equipment includes:

• Eurodib induction cooktop
• Kenmore microwave
• Full-size Frigidaire 120V refrigerator
• Norcold under-counter refrigerator (12V/120V)
• Jobibushi smokeless grill
• Coffee maker
• Cookware and galley equipment included

Flybridge & Deck

The flybridge offers outstanding visibility and comfortable seating for entertaining underway or at anchor.

Features include:

• Bimini in good condition
• Garmin chartplotter
• Autohelm controls
• Two dock boxes with custom seat cushions creating additional bench seating
• Flybridge helm chair
• Side-view mirrors at the helm station

Covered side decks provide safe and convenient movement from bow to stern in all weather conditions.

Additional deck features include:

• Comfortable bow bench seating
• Faux smokestack housing the propane system
• Lewmar Pro-Series electric windlass
• 200 feet of anchor chain
• Primary and secondary anchors
• Boarding ladder
• Dock lines and fenders
• Covered 1968 Cape Dory 10.5' dinghy
• Dinghy hoist with dedicated secondary engine hoist

Navigation Electronics

Well-equipped for coastal cruising, Olive Oyl features:

• (2) Garmin chartplotters
• Garmin GPS 441S
• Simrad AP11 autopilot
• Simrad flybridge controls
• Furuno radar
• Raymarine depth sounder
• Icom IC-M59 VHF radio
• West Marine VHF radio
• Satellite communications
• Compass at flybridge helm
• Vizio television
• Dynex LCD television

Mechanical & Electrical

The 2010 Perkins 135 HP diesel repower provides dependable performance while offering exceptional fuel economy for long-distance cruising.

Cruising comfortably at 7 knots, the engine burns approximately 2 gallons per hour, making Olive Oyl an outstanding Great Loop vessel.

Mechanical features include:

• Perkins 135 HP diesel (2010 repower)
• Approximately 738 engine hours
• Westerbeke generator
• Vetus bow thruster
• Three reverse-cycle air conditioning systems
  • (2) 16,000 BTU
  • (1) 12,000 BTU
• Magnum MS2812 inverter/charger
• Magnum remote control
• Magnum battery monitor
• AGM batteries (approximately two years old)
• Fireboy automatic engine room fire suppression system
• Two electric bilge pumps
• High-water alarm
• Carbon monoxide monitor
• Fire Sentry gas vapor detector

Tankage

Fuel capacity has been thoughtfully updated for years of dependable cruising.

• Three fuel tanks
• Total fuel capacity: 210 gallons
• Two tanks replaced in 2025
• One tank replaced in 2018
• Freshwater capacity: 140 gallons
• Holding tank: approximately 50 gallons

Included Equipment

Included with the sale are:

• Covered 1968 Cape Dory 10.5' dinghy
• Coffee maker
• Cookware
• Galley equipment
• Vessel manuals
• Spare bow thruster propeller
• Spare filters, belts, and impellers

Why You'll Love Olive Oyl

Few cruising yachts have earned the reputation enjoyed by the Gozzard Pilgrim 40. Built with traditional craftsmanship and timeless styling, these vessels continue to command attention for their exceptional quality, innovative layouts, and remarkable comfort underway.

Olive Oyl showcases everything that has made the Pilgrim 40 so highly regarded. Her economical Perkins 135 HP diesel, efficient 2 GPH fuel burn, generous tankage, covered side decks, spacious flybridge, and intelligently designed interior make her an outstanding choice for the Great Loop, Chesapeake cruising, the Intracoastal Waterway, or extended coastal adventures.

If you're searching for a classic cruising yacht that combines beauty, efficiency, and thoughtful design, Olive Oyl is ready for her next adventure.

Broker's Remarks

Well-maintained Gozzard Pilgrim 40s are increasingly difficult to find, particularly those with a modern diesel repower and updated fuel system. Olive Oyl offers the rare combination of classic Canadian craftsmanship, exceptional cruising economy, and upgrades that today's long-distance cruisers value most.

Showings are available by appointment. Contact CHRISTINA RITGER at Bay Harbor Brokerage today for complete specifications or to schedule your private tour of Olive Oyl.