Sometimes these CL finds can turn out to be a gem. Going through this thread from the beginning I ran across a post (p.9 #882) about a boat that I bought last year.
The lake that I sail on has only one launch ramp area and it is very shallow, I measured it at only 42" deep at the end of the dock/pier which reaches 30' out from the waters edge. No problem for the boats that I have owned over the years (Y-flyer, Buccaneer, MC scow, E scow) but I had been casually looking for a cabin boat (read very stable) suitable for introducing my young great grand kids to sailing. I just couldn't bring myself to go with the usual swing keel Cat22 or Macgregor type boat and suffer from their low performance levels. I happen to see the CL ad which piqued my interest with the claim of performance and a very shallow draft of 11" for trailering/launching and a cheap $1500 asking price for the boat, galvanized factory trailer and 6hp OB. A search reveled a top notch design pedigree (Bruce Farr) and proven performance in the world down under but little info stateside. After a month the ad was still up so I contacted the owner to look at the boat. Long story short he just wanted for it to be gone, most likely influenced by an upcoming expensive winter storage contract. He said that his GF didn't like it and wanted a larger cruising boat, the 5 gal. plastic pail he had been using for a head probably had something to do with that.
PO's can be interesting people, he had thrown money at the boat buying top tier equipment but installation was often poorly done. He was the kind of guy that had little patience for doing the job right. When I got to the yacht club where he stored the boat he had a pile of equipment on the ground next to the boat ready to go into the nearby dumpster. All the cushions (original and by their condition spent most of their life in POs houses), about 5 sails, Schaeffer roller furling gear, extra (original) boom and many other pieces of gear. He was surprised that I insisted in taking it all with me. When I got home I unloaded 11 sails from the cabin 2 of which were only a season old and in the paperwork I found the $3600 receipt for them. I spent the winter sealing leaks (everything he bolted on had no sealant), fixing the high $ wire spliced with wire nuts, replacing HD/Lowes steel fasteners and fixing all the misaligned standing rigging. By spring I was replacing 1/2" line running through blocks with a 3/8" max line cheek spacing. Some of them were so tight that I barely got them out. I made up a gin pole and temporary side stays to made raising the 31' mast a one person job even for this old man.
It was all worth it as the boat did not disappoint. She is very fast (PHRF in the 160's), lite on the tiller and well balanced. Over the summer I have worked out most of the PO's "improvements" and despite having more strings to pull than a gaff rigged schooner I can singlehand her fairly well. She is cosmetically challenged, I still have yet to address a lot of gel coat crazing, oxidation and other minor damage from years of hard racing and his anti fouling paint job peeled off the bottom when I pressure washed the boat during the fall pull out. Most people take the time to sand a little before applying new paint.
Interestingly enough I found a PDF of the original sales brochure online and there was my boat in several of the photos. A NZ magazine review stated that 2 of the first 10 boats built went to the US, my boat is #008. I have only heard of one other Farr 740 in the states and it was listed for sale in the Latitude 38 classifieds over the summer, located in the SF bay area. The photo showed her bearing #8374 on the sails, 2 of my 11 sails bear the same # so I assume that one of my POs bought them used from that boat at some point.