This reminds me of a somewhat similar recent string about what seemed to be an impossible price for a Nordhavn N46, a 1995 I think. I am sorry I couldn't find the string of posts, but wanted to thank the fellow member, because I discovered the "Captain Q" youtube videos through the link he provided. I had never heard of him, and am not looking for a sailboat, but the variety of boats he shows, and their history, have been a great way to spend indoor time with all the rain we have been having.
I actually tracked down the current owner of the N46, who seems totally ambivalent about selling, but was very honest with me, and I got a good lesson in the kinds of events that boats are subject to; he bought the boat about 4 years ago, for only $157K, after it had fallen off a storage rack at a marina in Ft. Lauderdale! Since then he has rebuilt the main and wing engines, installed new bow and stern thrusters, removed the saddle tanks, and added a flying bridge! He and his wife run a boatyard in Belfast, Maine, so he probably knows what he is doing, and although he said everything runs great, it definitely could be more of a project than I want to take on. Interesting guy, and a great story, though, so I am happy to have had the chance to talk to him. When it comes to boats, like the saying goes, "you just can't make this stuff up!"