"Risk And Reward" 120' Crescent Yachts 120' · 2004
4 Staterooms · 9 Guests · Twin MTU 16V2000 TE90, 2,000 hp each · West Palm Beach, Florida
Key Specifications
Length120'36.6m LOA
BuilderCrescent YachtsRaised Pilothouse
Year2004Refit 2022
Guests94 staterooms
Max Speed21 knots17 kn cruise
Fuel7,000 gal1,000 gal water
Asking Price$4,990,000USD
Offered by its listing brokerage through the YATCO MLS - details and photos courtesy of the listing broker, as of September 28, 2026. Double G Yacht Sales acts as your buyer's representative.
M/Y Risk And Reward
A 2004 Crescent Yachts 120-footer refreshed in 2022 and ready to run.
"Risk And Reward" is a 2004 Crescent Yachts 120' motor yacht offered for sale at $4,990,000, lying West Palm Beach, Florida. South Florida is the deepest brokerage market in the world for large motor yachts, and condition separates the good buys from the money pits - which is why independent buyer representation matters more here than anywhere.
Power is twin MTU 16V2000 TE90, 2,000 hp each, showing 2,222 hours. She cruises around 17 knots and tops out near 21 knots, carrying 7,000 gallons of fuel.
Accommodations run to 4 staterooms for 9 guests, plus crew quarters sleeping 6.
Highlights
What sets this hull apart on today's market.
Greg Gaus has closed superyacht sales up to 164 feet, including the Westport 164 "Boardwalk" and the Westport 125 "Lion's Den", after 20+ years as a professional captain running vessels of this class. That is the lens every Double G buyer gets on this listing: what the hull is really worth, what the survey should focus on, and how she compares with every sistership currently for sale.
- Refit 2022 - updated systems and finishes
- Twin MTU 16V2000 TE90, 2,000 hp each — 2,222 hours
- 4 staterooms for 9 guests · 5 heads
- 3 crew cabins sleeping 6
- 7,000 gal fuel - Bahamas and Caribbean legs without stress
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In partnership with Boathouse Auctions, the 120’ Crescent pilothouse yacht RISK & REWARD is offered at auction with no reserve and will be sold to the highest bidder. The official viewing period opens September 5, 2026, giving prospective bidders the opportunity to inspect the yacht in person and complete due diligence before the auction.Listing description · YATCO MLS
Buyer Representation
Buy her with Greg on your side of the table.
No cost to you - the buyer's broker is paid from the existing listing commission
Full-market search - every comparable hull on the YATCO MLS compared before you offer
Licensed captain, 20+ years - attends survey and sea trial personally
Sold-price data - negotiation backed by confirmed market results, not asking prices
Full Specifications
120' Crescent Yachts "Risk And Reward" Dossier
Dimensions & Capacities
LOA120 ft
Beam25.6 ft
Max Draft6.3 ft
Fuel Capacity7,000 gal
Water Capacity1,000 gal
Performance
EnginesTwin MTU 16V2000 TE90, 2,000 hp each
Engine Hours2,222
Cruise Speed17 knots
Max Speed21 knots
Accommodations
Staterooms4
Sleeps9
Heads5
Crew Cabins3
Build & Listing
BuilderCrescent Yachts
ModelRaised Pilothouse
Year2004
Refit2022
LocationWest Palm Beach, Florida
Asking Price$4,990,000
Common Questions
"Risk And Reward" questions, answered.
How much does the 120' Crescent Yachts "Risk And Reward" cost?
The asking price is $4,990,000. Contact Greg Gaus at Double G Yacht Sales at (954) 881-5500 - as your buyer's broker he negotiates on your side.
Who is selling "Risk And Reward"?
"Risk And Reward" is offered by its listing brokerage through the YATCO MLS. Greg Gaus of Double G Yacht Sales represents you, the buyer: independent advice on price, survey attendance, and negotiation, paid from the existing listing commission - never by you.
What does it cost to run a 120-foot motor yacht?
As of 2026, industry estimates for a crewed 120-footer typically run high six figures to low seven figures per year, with a crew of about six to seven, covering crew, fuel, insurance, dockage, and maintenance. Greg can build a realistic operating budget for this yacht before you offer.
Where can I see "Risk And Reward"?
She is lying in West Palm Beach, Florida and shows by appointment through your broker. Contact Double G Yacht Sales to arrange a private showing.
How does the purchase process work?
Accepted offer, then a survey and sea trial contingency of typically 7 to 14 days. Greg - a licensed captain with 20+ years at sea - attends the survey and sea trial personally and manages everything through closing.
How much is Florida sales tax on a yacht?
Florida charges 6% sales tax on boats but caps the total at $18,000 per vessel regardless of price - one of the most favorable regimes in the US. Out-of-state buyers who remove the vessel within the statutory window may qualify for an exemption.
How fast is she, and what is the range?
Cruise around 17 knots, top speed about 21 knots and 7,000 gallons of fuel with twin MTU 16V2000 TE90, 2,000 hp each - comfortable Florida-Bahamas legs and seasonal Caribbean runs.
Before it reaches the portals
Watch this boat and her sisterships
Greg checks the MLS every morning. Set a watch and you get an email the day another Crescent Yachts between 96 and 144 feet comes on the market, plus the weekly round-up of confirmed price cuts. No charge, stop any time.
Greg Gaus, Double G Yacht Sales. Your address goes to him and nobody else.
Interested in "Risk And Reward"?
Have Greg Represent Your Offer
Asking $4,990,000, lying West Palm Beach, Florida. Contact Greg Gaus for the full specification package, sisterships comparison, and a private showing - buyer representation.
Contact Greg →