Cantieri di Pisa Pegasus 23 1972, Viareggio

Cantieri di Pisa Pegasus 23 1972 for Sale – 21m Classic Wooden Motor Yacht in Viareggio, Italy

The Cantieri di Pisa Pegasus 23, built in 1972, is an iconic example of classic Italian yacht design, combining mahogany hull construction, fine woodworking and enduring elegance. At 21.45m overall length with a 5.45m beam, 1.4m draft and displacement of approximately 43 tons, she reflects the golden era of Mediterranean yachting while remaining a capable, comfortable cruising yacht today.

Conceived and built by Cantieri di Pisa, one of Italy’s most respected shipyards, the Pegasus 23 features in-house exterior design and naval architecture, with interior styling by Studio Design. Her mahogany hull and teak decks showcase traditional craftsmanship, with every plank and beam hand-fitted to deliver strength, flexibility and timeless appeal.

A semi-displacement hull form provides smooth, stable cruising and excellent comfort for guests. Her three-deck configuration, generous outdoor areas and carefully crafted interior details make her a sought-after classic for enthusiasts of wooden yachts.

Propulsion is provided by twin MTU 12V 183 TE diesel engines, each rated at 1,000 hp. These engines, paired with hydraulic V-drive transmissions and twin propellers, deliver confident performance and responsive manoeuvring. She cruises comfortably at around 20 knots, maintaining good seakeeping even in variable conditions.

With a fuel capacity of approximately 5,000 litres, the Pegasus 23 offers an estimated range of around 320 nautical miles at cruising speed, with consumption in the region of 300 litres per hour. Hydraulic steering, a hydraulic bow thruster and a Marinco desalination system add to her independence and ease of operation.

Deck equipment includes two principal anchors with 110m of chain each, two aft winches, a manual passerelle, electric and manual cranes and a bimini top on the flybridge. These features make handling, docking and guest transfers smooth and controlled.

Teak decking, solid guardrails and generous deck spaces enhance both safety and comfort for guests moving around the yacht.

The Pegasus 23 accommodates up to nine guests in four cabins, each finished with fine wood joinery and classical detailing. The master cabin features a double bed plus a daybed that converts to a single berth, creating a spacious private retreat. Two guest double cabins each have private bathrooms, while a further cabin with bunk beds offers additional accommodation with an adjacent bathroom.

The main saloon is designed for relaxation and formal entertaining, with large windows providing natural light and sea views. A comfortable seating area and dining table are complemented by refined décor, including porcelain dinnerware, crystal glassware and quality textiles.

The galley is fully equipped for extended cruising, featuring an ALPES oven, four-burner induction cooktop, HONEY dishwasher, SAMSUNG washing machine, refrigerators, freezer and additional fridges on the flybridge bar. These amenities support seamless onboard living and professional catering if required.

Outdoor living is a highlight of the Pegasus 23. The flybridge provides panoramic views, generous sunbathing areas and a dining table beneath a bimini top for shaded alfresco meals. The aft deck is ideal for gatherings, while the foredeck offers further space for loungers and sun pads.

Two swim ladders and a sizeable swim platform make access to the sea easy and safe. The yacht is equipped with a Novamarine 420 tender, inflatable SUP, inflatable towable and sets of diving masks and fins, providing a full suite of options for water-based enjoyment.

Navigation and communication equipment, primarily from Furuno and ICOM, include dual magnetic compasses, Furuno depth sounder, log-speedometer, Furuno radar, Furuno TZT 16 chart plotter and Furuno GPS. Two helm stations (main and flybridge) allow flexible command, depending on conditions.

Communication systems comprise two ICOM VHF radios and one ICOM HF/MF radio. Entertainment is comprehensive, with Sky TV, DVD/CD player, Dolby Surround and Bose audio system in the main salon. Each cabin has its own TV and media player, while exterior areas have amplified speakers and CD players for music outdoors.

The Pegasus 23 is fitted with a Furuno EPIRB, two life rafts, 16 life jackets, CO₂ and powder fire extinguishers, a CO₂ fire suppression system in the engine room and automatic bilge pumps. These systems help maintain high safety standards appropriate for a yacht of her size and pedigree.

Built and registered in Italy and flying the Italian flag, this Pegasus 23 has been carefully maintained and periodically updated, blending classic charm with modern practicality. With 49 GT gross tonnage, 2,000 litres of fresh water capacity and 50 litres of grey-water capacity, she is ready for extended stays onboard.

Mechanical and electrical systems have been kept in good working order, with professional maintenance ensuring that she remains a strong example of Cantieri di Pisa’s legacy.

For buyers seeking a true classic that combines heritage, craftsmanship and practical cruising capability, the Cantieri di Pisa Pegasus 23 offers a rare opportunity. She is equally suited as a private family yacht, a collector’s piece or a boutique charter vessel for guests who appreciate wooden yacht traditions.

Interested in this Pegasus 23 classic?
Contact us for her full inventory, maintenance history, survey reports and additional photos, and to arrange a private inspection and sea trial in Viareggio. We can guide you through survey, negotiation and delivery so that you can become the next custodian of this remarkable Italian classic.