by Sarah Kuta
Last updated: 11:05 AM ET, Mon March 24, 2025
Seven Seas Navigator is getting a second life as a residential cruise ship.
Built in 1999, the 490-guest vessel will be leaving the Regent Seven Seas Cruises’ fleet and joining Crescent Seas, a new residential cruise line.
According to Bloomberg, the ship handoff is part of a $230 million deal between Norwegian Cruise Line Holdings Ltd. and Crescent Heights, the real estate development company launching Crescent Seas.
The residential cruise line will have a long-term lease on Seven Seas Navigator.
The ship will undergo an extensive $50 million refurbishment project, led by Lissoni & Partners, Journey and MAWD. Once the work is complete, the Navigator will have 210 residences ranging from $750,000 to $8 million. Residence sales will open April 9, and the ship will set sail in December 2026.
Crescent Seas also plans to announce four more residential ships over the next five years.
“After spending so much time on the seas, we noticed that travelers yearned for more,” says Russell W. Galbut, a founding partner of Crescent Heights and the former board chair of Norwegian Cruise Line Holdings. “People on the ships kept telling us they wanted to live this luxurious lifestyle. So, we decided to select ships with the right configurations to convert to the most magnificent cruising yachts.”
Residents who live aboard the Navigator can expect to visit all seven continents and spend two to three days in each destination, from French Polynesia and the Faroe Islands to Madagascar. Onboard hospitality services will be handled by the Apollo Group.
“With most of the earth's surface covered by water, it only felt right to use our 50 years of development expertise on land, to create the most magical residences at sea,” says Galbut. “Why vacation to just one gateway city when you can be at home and live in all the greatest gateway cities around the globe? We are delighted to be able to provide luxury homes to people that will carry them to places they've only dreamed of.”
For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.