Greatest Thing Since | 2007 Lagoon 500

Grenada, GD

Greatest Thing Since | Lagoon 500 51ft

US $495,000

Grenada, GD


 BEST EQUIPPED LAGOON 500 currently on the market at this price.

The boat received a serious refit in 2022 prior to the current owners purchasing her. The current owner is a professional mechanic and has continued to upgrade and impeccably maintain her.

The current owners are leaving everything you need on board to start cruising including a dive compressor, dive gear, Starlink, spear guns, water skis, iridium go and much more.

This family just spent the last 5 months cruising the Caribbean. They say this was the perfect boat for them to get started.

Note from owner: "Our family has had an incredible time sailing "Greatest Thing Since" through the Caribbean. She is a solid boat with lots of space and was very comfortable to live on. She kept our family safe and comfortable on ocean passages and we look forward to helping hand her over for new adventures".

The current owners are happy to assist with a detailed vessel handover to help a new family start cruising.

***TONS OF SPARES AND TOOLS COME WITH THE BOAT*** Owners are leaving almost everything on board.

***Be sure watch the video and check out the other media linked in this listing***



  • Length: 51ft
  • Beam: 28' 0"
  • Year: 2007
  • Hull: Fiberglass
  • Status: Active

View More Specs


  • Keel: Other


  • Length Overall: 51 ft
  • Beam Measure: 28' 0"


  • Total Power: 150
  • Engine Brand: Volvo
  • Engine Model: Penta D2-75
  • Engine Type: Inboard
  • Engine/Fuel Type: Diesel
  • Engine Hours: 3600
  • Engine Power: 75 hp

  • Total Power: 150
  • Engine Brand: Volvo
  • Engine Model: Penta D2-75
  • Engine Type: Inboard
  • Engine/Fuel Type: Diesel
  • Engine Hours: 3600
  • Engine Power: 75 hp


  • Fresh Water Tanks: 4 (480 Gallons)
  • Fuel Tanks: 2 (480 Gallons)


  • Number of cabins: 5
  • Number of heads: 5

Other Details

 The Lagoon 500 is a well known classic cruising Cat for those who value living space and livability. She features a spacious and well-appointed interior, including four luxurious cabins, each with its own private en-suite bathroom and a bunk room also with its own bathroom. She has ample storage space, and large windows. 

The main salon and cockpit are spacious and perfect for entertaining with comfortable seating and panoramic windows. The fully equipped galley is larger than most galley up designs and has loads of storage space.

The Lagoon 500 strikes a good balance between speed and stability. The current owners reported speeds up to 11 knots while under sail reaching on passage.

5 Bed model. 4 doubles each with ensuites and 1 bunk room also with ensuite


New Genoa sail (August 2023)

Starlink  (2023)

New Washer/Dryer Unit (2023)

New Trampolines (2023)

New Starboard side a/c water pumps (2023)

New Anchor Bridle (2023)

Professionally serviced all Engines, Generator and Dinghy

Replaced or Refurbished all gauges (2023)

New Alternators (2023)

Replaced most running rigging (2023)

New Sail bag (August 2023)

New Antifoul (2023)

Watermaker Rainman (2022)

New 2 Port a/c units (2022)

New Tecma Heads (2022)

New Water Heater (2022)

New Through Hulls (2022)

Bilge Pumps (2022)

New Ice Maker (2023)

New Bread Maker (2023)

Bauer Junior 2 Dive Compressor 

3 blade folding props

Engines 2 X Volvo Penta D2-75 ~3600 Hours each

DC to DC Controller

Generator 11KW Onan ~2900Hrs 

16ft 2016 Centre Console with 2016 40hp Yamaha

1080W of Solar with Victron

Battery 3200Ah @12v Lithium

Dual Drawer Dishwasher

Layout & Accommodations

This 5 cabin 5 head yacht makes it an ideal layout for a larger family, entertaining with friends or charter. Included: New Linens, Pillows, Countertop Appliances.

Has everything you need to get going. Comfortably seating six sailors, the flybridge is the operational center of this vessel. The helm station boasts plenty of living space, storage for lines and a long six- seat bench. All exterior cushions have been recently upgraded, including bow and flybridge. The U-shaped cockpit table can seat 8-10. The stern areas provide direct easy access to the sea with folding ladder situated under the bottom step. Additional storage for masks and snorkels under the dual access to flybridge.

4 double cabins, 2 twin berths

2 tvs

7 air conditioners

cushions inside and out

2 large showers

double dishwashers

lots of storage


The galley has everything you need to start cruising. Blenders, toasters etc. It is a step up with a step lowering the floor, allowing a full panoramic view from every angle in the salon and galley for all your guests to enjoy.

  • 12V Frigonautic upright
  • two (2) 12v Frigonautic freezers/refrigerators.
  • 2nd fridge is below portside
  • 3 stainless steel sinks
  • 2 dishwashers
  • oven, stove top with 4 burners
  • microwave
  • lots of storage
  • freezer
  • bread maker
  • ice machine

Engine and Machinery

2 x Volvo Penta D2-75 diesel engines

Engine Hours: 3600 each Approx

Generator 11KW Onan 2900Hrs  Approx


2 x 126.8 gallon fuel tanks

Dive compressor


Water System

The watermaker was new in 2022 and serviced in 2023 with a new impeller and filters.

She has two fresh water tanks.

Deck wash pump was remplaced in 2021

5 showers and one sugarscoop wash

Hot water is supplied from an electric heater and the port engine.

Quick 60 litre “Nautic Boiler”


Deck & Equipment

The 2017 center console dinghy has two anchors.

55KG galvanized Rocna anchor

Lewmar V5 12V windlass

She is equipped with a surround for the rear cockpit.


Electronics & Navigation


(3)360W rigid solar panels

Victron 150/85 MPPT charge controller

Mastervolt 12/80 Mass battery chargers

2 X Raymarine E120 MFD Plotter with radar.

2 XRaymarine ST6001 Autopilot Control 

Raymarine ST60 Multi

Raymarine ST60+ Tridata

Raymarine ST60+ wind instrument display

Raymarine VHF handset

Icom IC-M603bDSC/VHF

Zoleo satellite texting device

Starlink internet

Gas detector alarm

Engine room fire detector


Sails & Rigging

Brand New Genoa on roller furler (2023) – comes with a Code Zero

Standing Rigging 2007

Fully battened main sail


Asymmetric spinnaker

Spares and Tools

Water pumps (engine)



Water pumps (fresh water)

Water pumps (sea water)

Tons of filters

Fuel lift pump

Tons of rigging

Almost new full set of Milwaukee tools that stay with the boat

Included Inventory

scuba gear 

scuba compressor

2 bc’s with tanks

water skis 

beach chairs

bean bag

wet suits 

snorkel fins and masks


Safety Equiptment

2 life rafts


life jackets



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.


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