For just $1.7 million you can sail the high seas in this gorgeous wooden yacht

The Moonbeam III is a gorgeous luxury yacht built in 1903.

The 99-foot boat has an estimated sale price of $1.7 million.

Below deck are two suites with a "generous mahogany and quilted leather interior" ...

... and accommodations for a crew of five.

The teak on the yacht was restored in 2006 ...

... and its stunning woodwork meticulously cared for.

It currently sails along the French Riviera from Saint-Tropez, where it regularly races.

The yacht is the work of the famous Scottish designer William Fife ...

... who designed two challengers for the America's Cup race, including "Shamrock III" (on the left).

He once said all of his boats must be "fast and bonnie."

We think he got it right.