Questions? Call us! (206) 378-1110
Ellis Nereus 40
$139,000 USD
40ft 0in

Mark Ellis draws beautiful and distinctive boats. This Nereus 40 shares many elements of Ellis’ Nonsuch designs — a modern hull form with classic flair. The cabin profile, sheerline, and transom will remind New England sailors of the catboats designed to ply the shoal waters of Cape Cod. The result is high form stability, a huge cockpit, and amazing interior volume for a 40-foot long hull. Nutshell has the cockpit, living, and storage space of most 50-foot sailboats.  Sailing performance is not to be underestimated — she is slippery in light air and a solid, dry platform when the breeze comes up.

Nutshell exhibits all the fine construction details one would expect to see in a semi-custom boat built by the high-end Tania Yacht Co. Her teak interior is beautifully crafted and her hull is solidly built with tabbed bulkheads and an extensive system of floors and stringers. Through-hulls are Marelon fiber-reinforced plastic. Fuel and water tanks are stainless steel and the holding tank is fiberglass. The cabin sole is solid teak and holly atop marine plywood. Locker and cabin doors are louvered and all lift off their hinges.

Nutshell’s last two owners spent years and large sums of money checking off the boxes toward anticipated blue water voyages. To that end, her batteries, wiring, and inverter were upgraded, propeller shaft and feathering Max Prop installed, new sails constructed, interior lights upgraded to LED, and a very functional swim step installed.

Nutshell is lying at our Lake Union sales dock and is seriously for sale. Her owner recently passed away and his estate wishes to find a new, appreciative owner in short order. Equipped with SeaFrost engine driven and 110v refrigeration, serious ground tackle, Espar diesel heater, removable dinghy davits, 2000 watt inverter, stack-pack main and roller furling genoa, electric primary and main halyard winches, and an amazing custom swim platform. Nutshell is a great Pacific Northwest cruiser that would be more than capable of stretching her legs and heading for blue water.

Name of vessel Nutshell
Model Ellis Nereus 40
Year 1990
Builder Tania Yacht Co.
Designer Mark Ellis
Price $139,000 USD
Location Seattle
Length (feet) 40
Beam (feet) 14
Draft (feet) 5.5
Displacement (pounds) 20500
Ballast (pounds) 8160
Engine model Westerbeke
Engine horsepower 58
Engine hours 2832
Fuel tank capacity (gallons) 115
Water tank capacity (gallons) 300
Holding tank capacity (gallons) 50


Nutshell’s spacious interior layout is characteristic of Mark Ellis designs. Her tall freeboard and springy sheer create an impressive amount of interior volume. The layout is centered around a large salon area and excellent seagoing galley with ample counter space. Two private cabins – each with separate head provides comfortable accommodations for two couples. Cabinetry and bulkheads are constructed of teak and teak veneers with a teak and holly cabin sole. The head and shower compartments are finished in white laminate with teak trim. All lighting provided by new energy efficient Alpenglow fixtures throughout.  Hela turbo cabin fans are located in both staterooms, salon, nav station, and galley.  Headroom measure 6’5″ in staterooms, galley, and salon.

Starting forward is a generous anchor locker that any sailor will appreciate with enough room for a man, or even a couple, to stand inside!  In addition to secure stowage of all ground tackle, there is ample room to store extra equipment in this area which is accessed through a large opening above the forward berth.

Just aft of the anchor locker is the forward stateroom with exceptionally large v-berth with in-fill cushion. The hull sides are finished with teak battens. There are three upper storage teak cabinets to starboard and two to port. A large hanging locker is on the starboard side with teak louvered doors. Three drawers are set underneath with a table top above. A full length mirror framed in teak is mounted on the back of the cabin door. A large opening hatch with solar vent and wood framed screen provides excellent light and good ventilation in the cabin. A Hella fan and an Alpenglow advanced LED reading light are mounted on each side of the berth. The ensuite head is aft and to port. A molded counter with sink with upgraded fixtures stretches along the forward side of the compartment. There is storage in a mirrored locker above and small locker below the counter. The head is located on the outboard side of the compartment, facing inboard. There are two lockers outboard behind the head. A small opening hatch provides ventilation.

The main salon is aft of the forward cabin. An L-shaped settee is to port and a straight settee to starboard with beautiful louvered and paneled teak cabinets and two shelves outboard of the settee.  Storage bins are located outboard of the seat backs.  A teak dining table is fixed on the centerline.  A drawer and storage locker are below the table. There are four opening ports and an opening deck hatch for ventilation. Integrated teak handholds and teak trim complete the main salon’s simple but elegant style.

The open galley in the passageway to starboard between the main salon and companionway ladder provides ample counter space and an excellent underway constraint. Teak fiddles with handholds surround the white laminate counters. There is a straight counter along the starboard side with top and front loading refrigeration space below. At the aft end of the counter is the Force 10 propane stove and oven with stainless crash bar. There is a locker for pots and pans below. Outboard along the hull side, there are cabinets for dishes and dry goods behind sliding doors. An opening port and hatch provide ventilation and light. Inboard is an L-shaped counter that wraps forward into the salon. A deep stainless sink with hot and cold pressure water, waterfall faucet for filtered water, built-in soap dispenser, faucet and foot pumps are located around the sink. There are two drawers below the counter at the forward end. Three louvered lockers above the counter provide additional storage. Sink and all work surfaces have task lighting from dedicated Alpenglow teak light fixtures.

The nav station is just aft of the galley to starboard adjacent the companionway. The nav table is an expansive space – allowing room for charts and navigation tools. Outboard along the hull side is the AC/DC electrical panel and a shelf just aft. There is a chart spotlight, two overhead lights and a 12v fan. Below the table at the forward end there is a drawer with trash bin locker below.  A hinged out navigator’s stool stores out of the way below the chart table. The companionway stairs hinge inboard to access the large workroom aft of the nav station.

The aft stateroom with separate head and shower stall is adjacent the companionway to port. There is a wide berth aft and to port with storage in lockers along the hull side. Forward of the berth are four large drawers with a shelf and hanging locker above. Alpenglow overhead lighting and advanced LED reading lights at the berth provide illumination for the space. An opening port and overhead hatch provide ventilation.

The aft head and separate shower stall can be accessed either through the aft stateroom or from the port side of the main salon. A white laminate door with teak trim and louvers separates the head from the shower compartment which is at the forward end of the space. A teak grate covers the shower sump. The head compartment aft of the shower has a counter that runs the length of the space along the inboard side. A molded sink and counter allow for easy maintenance. There is storage above the sink in a cabinet and in a small locker below the counter. Outboard/aft is a manual head that faces inboard. A locker outboard along the hull side provides additional storage space. Ventilation is provided by an opening port, hatch and dorade vent.


Nutshell’s hull is blue Awlgrip with a white sheer stripe and tall white boot stripe. Her bottom is painted black. A teak rub strake with stainless rail runs along the mid section of the hull. Nutshell’s hull has high freeboard with tall plumb bow. A teak cap rail surrounds Nutshell’s wide side decks. Double lifelines are supported by stainless stanchions. There are boarding gates midships to port and starboard and at the stern where there is a custom teak and polished stainless swim platform and integral steps (2010).

Her spacious cockpit will comfortably accommodate a number of guests for evening cocktails. Two large lazarette compartments at the aft end of the cockpit provide excellent storage for sails, lines, fenders and other gear. At the center of the bench along the aft end of the cockpit is the propane locker that holds two 20# tanks. The lid is raised to provide a tall seat for the skipper. A teak grate covers the cockpit floor and there is a cockpit table that stows away against the Edson binnacle. A Navpod is fitted to the stainless binnacle guard.  The helm is a destroyer wheel with teak rim.

Forward, Nutshell’s open foredeck is easy to navigate. On the cabintop, there are four teak dorade boxes with stainless vents and guards. There are teak handrails to port and starboard along the cabintop and forward on the foredeck to either side of the companionway. A sturdy stainless and teak bowsprit with stainless bow platform projects from the stem.

  • Maxwell/Nilsson 12V anchor windlass with up/down foot controls, chain and rope gypsy and vertical capstan
  • Dual anchor rollers on stainless bow platform
  • Large Delta primary anchor with 300′ of 5/16″ chain
  • 20kg Bruce secondary anchor with 5/6″ chain
  • (2) Danforth anchors with rodes
  • Deck washdown pump
  • Removable stainless steel dinghy davits
  • Edson outboard engine storage bracket on starboard quarter
  • Forespar outboard engine hoist with 4:1 tackle and winch
  • (2) Deck prisms
  • (10) Lewmar opening ports with screens
  • (6) Lewmar hatches with teak framed screens
  • (7) SS dorade vents with guards
  • (3) Teak drop boards for companionway
  • Teak-framed screen dropboard for companionway
  • Removable, hinged teak companionway doors with sliding acrylic closures
  • Gray Sunbrella dodger with grab bars
  • Pull over dodger storage cover
  • Blue Sunbrella helm/binnacle cover
  • Mooring lines and fenders
  • Achilles Model SPD-290 fold down transom inflatable dinghy (2012)
  • Fold-down transom wheels for dinghy
  • Mercury 9.9hp four stroke outboard engine
  • Lifesling 2 in soft white rail-mounted case
  • Varnished teak flag staff and USA ensign


  • Klacko Spars aluminum mast and boom; painted white LPU
  • Pineapple Sails 9.5oz Dacron full batten mainsail (excellent condition) with Harken Battcars
  • Blue Sunbrella stack pack mainsail cover
  • Profurl genoa furler (2002)
  • Pineapple Sails 8.5oz Dacron 130% genoa(excellent condition) with white UV cover
  • Hood Sails 8 oz high cut Yankee (never used)
  • Spinnaker with sock
  • Harken hydraulic backstay
  • Navtec rod rigging
  • Removable inner forestay
  • Running backstays
  • Isomat rigid boom vang
  • Forespar telescoping whisker pole and deck storage brackets
  • Wichard “Gybeeasy” device
  • Harken deluxe bosun’s chair
  • ATN Genoa Sleeve
  • (1) Lewmar 40 CEST Ocean Series electric halyard winch
  • (2) Barient 25ST 22/39 mainsheet winches
  • (1) Barient 25ST 21/30 control line winch
  • (2) Barient 25ST 27 staysail winches
  • (2) Barient 36ST 25 electric primary winches
  • (2) Barient 25ST 22/39 furling winches
  • (1) Barient 21/30ST mast winch
  • (1) Barient 22/39ST mast winch


  • Raymarine 9″ C-series chartplotter in Navpod at helm
  • Raymarine AIS 650 Class B transceiver
  • Raymarine HD-Color radome on mast with stainless steel mount
  • Raymarine p70 autopilot control on Navpod at helm
  • Raymarine X30 Smartpilot computer
  • Standard Horizon Ram3 microphone on Navpod at helm
  • Authohelm Wind, speed, and depth instruments at companionway
  • Autoholem Navdata repeater at chart table
  • Garmin GPS with USB output cable for laptop computer
  • Standard Horizon Matrix AIS+ GX2150 VHF at companionway
  • Standard Horizon HX370S handheld VHF
  • (2) Masthead VHF antenna’s (one for AIS, one for VHF)
  • Ritchie 6” compass at binnacle
  • Chelsea ship’s clock and barometer
  • Signal flag kit
  • Masthead Windex wind direction indicator
  • Naim Unitservce and Unitqute entertainment system with ATL speakers
  • Rega CD player
  • Old 12V cassette/tuner with speakers


  • Westerbeke 58 hp diesel engine with 2832 engine hours
  • ZF 15M transmission 1.88:1
  • PSS shaft seal
  • Aquadrive flexible shaft coupling
  • 18″ Three blade feather Maxprop
  • Prop Protector line cutter
  • Auto oil change pump
  • Remote oil filters
  • 12V oil change pump
  • Additional oil pressure gauge
  • Dual Racor fuel filters with vacuum gauges
  • Stainless steel fuel tank
  • VDO level indicator for fuel tank
  • (2) stainless steel water tanks
  • (1) FRP holding tank
  • Jabsco 12V macerator pump
  • Jabsco 12V Parmax Plus water pressure pump
  • Groco 101 accumulator tank
  • Torrid 10 gallon 1500 watt hot water tank (110 v and/or engine heat) (rusty cover)
  • Force 10 3-burner propane stove/oven
  • Seaward propane solenoid switch
  • (2) Propane tanks in vented locker
  • Top/front loading refrigeration compartment with SeaFrost engine driven compressor and 110 volt “Shore Assist” compressor
  • Espar forced air diesel heater
  • (6) Hella cabin fans
  • (2) Rule 3700 12V bilge pumps
  • Ultra Safety Systems high bilge level alarm
  • 12V shower sump pump
  • Bilge blower
  • Tools
  • Spare parts including spare starter, filters, belts and lots more


  • Bass 12v DC and 110v AC switch/breaker panel with analog AC/DC volt and ammeters
  • (6) FullRiver DC224-6 6v batteries in series for house bank – 672 ah total (2009)
  • Xantrex MS 2000 sine wave inverter/charger – 2000 watt inv/100 amp chg (2009)
  • (2) FullRiver DC115-12 starting batteries (2009/2010)
  • Dedicated battery for anchor windlass in chain locker
  • ACR Charge relays for combining start/house banks and house/windlass batteries
  • BlueSea Systems VSM systems monitor for batteries
  • 110v shorepower cord – two inlets, forward and aft
  • Leece-Neville 12V 105 amp dual belt alternator
  • Balmar MC-612 smart alternator regulator

Baltic 42DP
Fury $130,000 USD
Enderlein 42 Ketch
Pelagic $198,000 USD
Portland, OR
Swan 46
Freya $135,000 USD