Boat summary: 18-foot 1952 Chris-Craft RivieraThe Chris-Craft Riviera was a fairly popular-style runabout during the…
20-foot 1950 Chris-Craft Riviera
Boat summary: 20-foot 1950 Chris-Craft Riviera
This 20-foot Riviera was in production from 1950-1954, with a total run of 288 hulls built (hull numbers R-20-501 to R-20-788). The 20-foot model was the largest runabout that Chris-Craft built during this era and is rare compared to the 18-foot model of the same era, of which 1,210 hulls were built. The Riviera was a very stylish boat with natural-finished mahogany on the hull sides and deck and blond accent king plank on the bow and over the engine hatch – cover to the stern. It also had red Tolex interior upholstery. It was originally offered with Chris-Craft MBL or M motor options.
This boat has been professionally restored, with work completed in April of 2008. It has a new 3M5200 bottom and a new 350-cubic inch Chevrolet V8 engine at 270 horsepower – no hours since restoration. All systems have been upgraded, and it has been stored indoors since restoration.
The sale included a 2008 B&G double axel galvanized trailer.
Sold for $34,000
Market Summary: A current snapshot of the market shows few 20-foot Rivieras out there. Of those on the market, asking prices range from $44,900 for a fresh restoration to $12,500 for a complete boat needing full restoration. Recently-sold boats range from $20,000 for an original boat in good condition to $42,000 for fresh resto. The average price for a restored boat is $37,800, so this sale – complete restoration at zero hours with a new trailer – was a very good buy. These runabouts are solid boats that are at home on larger bodies of water. They take a bit more effort to transport and store, but because of the low production numbers, we feel their value will continue to increase.
To find out more about Hagerty’s Classic Boat Insurance, click here.