Meridian 580 Pilothouse
Ladysmith, Canadaon the market since 1 days
Compare offers for this boat
Price on request
CY
Calibre Yacht Sales
Is this your listing? Claim listing with Yatzo PRO or report it.
About
Extensive servicing and maintenance completed in 2026.
The vessel has been actively maintained, is running strong, and all systems are reported to be operating as they should.
Panacea V is set up for a full West Coast experience: long-distance cruising, exploring new harbors, fishing remote grounds, or welcoming family and friends in style. The Meridian 580 Pilothouse was designed as the flagship of the Meridian fleet, a yacht that combines rugged capability with the comfort and livability of a luxury motor yacht.
This particular 580 has been thoughtfully outfitted for independence on the coast, equally at ease trolling for salmon as it is entertaining guests at anchor. With generous interior volume, a commanding pilothouse, and a layout that balances privacy with social space, Panacea V delivers the flexibility and confidence to enjoy the Pacific Northwest and beyond.
Kept in a boathouse since 2020 and maintained with care, the yacht comes with an extensive inventory and is ready for new adventures. A 70-foot boathouse in Ladysmith, BC, along with a large lot of fishing equipment, are also available separately.
Salon and Galley
A stainless-framed glass sliding door opens into a salon finished in cherry joinery, wood valances, and wood plank flooring. To port is a custom sofa with two ottomans and a sidearm table, while a pair of lounge chairs with a centre cabinet table to starboard sit across a glass coffee table. Aft to starboard, the entertainment cabinet houses the 40” Smart TV, entertainment components, and an ice maker. Accordion-style privacy curtain, with port and starboard blinds.
Forward, the U-shaped galley runs along the port side, with Corian counters, double stainless sinks, and near full-sized appliances that make cooking aboard feel much like home. Opposite, a raised dinette with curved seating and Corian table offers excellent sightlines. The whole space ties together, so whether preparing meals, dining, or relaxing in the salon, everyone remains part of the same conversation.
Cockpit and Swim Platform
Stepping back out through the sliding door, the cockpit and swim platform form a versatile outdoor living and working space. Faux-teak decking runs underfoot, with a folding teak table at centre, a stainless barbecue mounted at hand, and plenty of room to set out chairs for lounging or entertaining. The area is sheltered by the hardtop, with a full canvas enclosure and an additional awning that extends aft over the swim grid, allowing the platform to be used for fishing or relaxing even in the rain.
The wide swim platform itself is fitted with custom stainless staples, with the centre section swinging open for easy boarding from a tender. The staples also carry downrigger mounts and a custom fish-cleaning tray, with 12V surface plugs conveniently located at the port and starboard transom gates, making the space well suited to coastal fishing. A cockpit shower with hot and cold water is tucked into the transom, while port and starboard gates provide access from the swim platform.
Steps rise to the side decks on both sides, and a stairway to starboard leads up to the flybridge, lifting for engine room access. Two large hatches in the sole open to the lazarette, while a storage locker on the port side and another in the transom provide space for lines, fenders, and shore power cable. With the large sliding door open, the cockpit becomes a seamless extension of the salon and galley.
Pilothouse
Three steps up from the galley, the pilothouse serves as the vessel’s command centre. A wood-rimmed wheel sits at centre with dual multifunction displays providing charts, radar, sonar, and camera views of the stern and engine room, while a separate screen is dedicated to cockpit cameras aimed at the fishing rods.
Controls for VHF, autopilot, thrusters, and other systems are grouped within easy reach, while analog gauges and the compass are positioned higher on the dash near the windshield. An adjustable captain’s chair anchors the helm, and an L-shaped settee with table provides a companion space with storage beneath. AC/DC panels flank the area for convenient systems management, and a sliding side door opens directly to the starboard deck for quick access during docking or anchoring.
Cabins and Heads
A curved stairway forward of the pilothouse leads down to the accommodations, with a laundry closet containing stacked Bosch washer and dryer at the base. The passageway opens into three private staterooms and two heads, each designed with comfort and storage for extended cruising.
• Master Stateroom – Full-beam amidships with a walk-around queen berth, abundant drawer and locker storage, cedar-lined hanging lockers, and a vanity with sink set within the cabin itself. Ensuite head with VacuFlush toilet and full shower/tub combination.
• VIP Stateroom – Forward with a queen island berth, generous storage beneath, dual cedar-lined hanging lockers, and private access to the guest head with stall shower.
• Guest Stateroom – To port with L-shaped bunks, ideal for children or additional guests, with locker storage.
• Guest Head – Accessible from the passageway and the VIP stateroom, fitted with a VacuFlush toilet, vanity, and separate stall shower.
Upper Deck
The flybridge helm forward features twin adjustable captain’s chairs, a full Raymarine suite, and excellent visibility. Wraparound seating provides space for guests, with the aft section adjusted to accommodate the tender when carried aboard. The original curved bench section, complete with canvas cover, remains with the vessel.
A wet bar with sink and a refrigerator/icemaker combo complements the space, while the davit and chocks aft handle the Walker Bay tender. The bridge is enclosed with canvas and Strata glass panels along the forward three-quarters, leaving the aft open to the breeze. A hatch at the starboard corner provides stairway access down to the cockpit.
Engine Room and Lazarette
The engine room is accessed through the cockpit stair hatch and is well lit and organized for maintenance. Twin Cummins QSM11 diesels are positioned with clear access to stainless fuel tanks, Racor filters, and the Reverso oil change system.
The lazarette lies beneath two large hatches in the cockpit sole, housing the generator, battery banks, and davit pump, along with custom stainless ladders for easy access. The space offers abundant storage with enough space to keep a deep freezer included with the vessel.
Side Decks and Foredeck
Wide side decks with tall stainless rails provide secure passage forward. The foredeck holds a dedicated anchor locker with windlass controls and washdown fittings, a sunpad area, and stainless cleats fore, aft, and amidships. Additional mounts carry two Pelican kayaks, which come with the vessel along with four dedicated kayak life jackets, making it easy to explore coves and shorelines right from the anchorage.
For a vessel designed to take on the full West Coast experience, from fog-shrouded inlets to open Pacific passages, Panacea V carries a professional-grade navigation and electronics suite. Dual stations at the pilothouse and flybridge give the captain confidence and flexibility, while a full network of Raymarine sensors, radar, sonar, and communications ensures safe and efficient operation whether cruising offshore, threading the Inside Passage, or exploring remote anchorages.
Displays & Charting
Radar & Sonar
AIS & Networking
Communications
Autopilot & Controls
Instruments & Monitoring
Lighting & Accessories
Power and reliability are at the heart of Panacea V, making her equally suited for extended coastal passages, offshore runs, or precise maneuvering at low speed while fishing. Twin Cummins QSM11 diesels deliver strength and efficiency, paired with Side-Power thrusters, electronic engine controls, trolling valves, and trim tabs at both helms for fingertip control in any conditions. The engine room reflects consistent professional care, including an in-frame overhaul of the starboard engine in 2025 (approx. $55,000), new shaft seals, rudder repack, starboard trim tab assembly in 2023, and a new starboard muffler and stainless exhaust elbows in 2025. These upgrades, along with regular haulouts and zinc service, underscore her turn-key readiness for serious West Coast adventures.
Main Engines
Generator
Fuel System
Oil System
Thrusters
Cooling System
Steering
Trim & Handling
Engine Room Ventilation
Fire Suppression
Panacea V is equipped with a comprehensive AC and DC electrical system that balances reliability at sea with the convenience expected in port. Power is supplied through a 50A shore power service with a Glendinning Cablemaster, supported by an Onan 17kW generator for independent operation. A robust battery bank provides capacity for house loads, engine starting, and thruster operation, with distribution managed through dedicated AC and DC breaker panels with integrated monitoring. Charging is handled by a combination of automatic chargers, inverter/charger, and DC-DC converters, ensuring balanced and efficient power delivery to all onboard systems.
Shore Power
Generator
Batteries
Battery Switching & Distribution
Charging & Inverter Systems
The galley aboard Panacea V is fitted with residential-grade appliances that make cooking on board feel much like home. With a full-size refrigerator, dedicated cooking appliances, a dishwasher, and ice makers in both salon and flybridge, the vessel is ready for everything from day trips to long passages with guests aboard.
Life aboard Panacea V is supported by a full suite of domestic systems that deliver comfort and independence for coastal cruising and offshore passages alike. Heating, cooling, freshwater, and sanitation are thoughtfully engineered with redundancy and reliability in mind.
Climate Control
Freshwater System
Sanitation
Laundry
Central Vacuum
The tender package aboard Panacea V is a key feature, providing a versatile and premium platform for exploring, fishing, and accessing shorelines. The Walker Bay Generation 450 is among the top-of-the-line rigid inflatable tenders, offering excellent stability, comfort, and performance, and is rated to carry up to 8 people. Outfitted with thoughtful upgrades and supported by a robust hydraulic davit system, this tender setup is an essential part of the vessel’s go-anywhere capability.
Tender Package
Davit System
The ground tackle is built for dependable anchoring in the varied conditions of the coast.
Safety gear on board Panacea V is comprehensive, with automatic fire suppression, tagged extinguishers, up-to-date flares, and a full camera monitoring system.
Panacea V is handed over with a thoughtful kit of covers, deck gear, spares, and conveniences that make West Coast cruising simpler from day one.
Canvas & Covers
Deck & Shore Gear
Maintenance, Spares & Shop Supplies
Docking
Miscellaneous
70’ Boathouse – Ladysmith Marina, Ladysmith BC
A 70’ x 26’ (1820 sq ft) boathouse, purpose built for a vessel of this class, is available separately. Constructed in 2011 by OBMG, it features a mezzanine with added flotation, new curtain and track system (2024), fresh bumpers (2023), workbench and storage cabinets, and a new man doorframe (2023). The boathouse is wired with a 100A panel, multiple outlets, electric fence, and overhead fluorescent lighting, and is plumbed with hose bibs for washdown. Cleats are positioned to match the Meridian 580, with 50A shore power located for direct connection. An emergency re-entry ladder, rollers at the boat entry, and a security system are also in place.
This facility provides year round protection and convenient moorage in the heart of Ladysmith, a prime location for launching extended Gulf Islands and West Coast cruises. Less than 10 minutes from the Nanaimo airport with ample parking.
Complete West Coast Fishing Package
A comprehensive fishing package is available separately, providing everything needed to step aboard and immediately fish the West Coast with confidence. This is a full outfit with rods, reels, traps, downriggers, and gear curated for salmon, halibut, prawns, and crabs. The package is offered as a single lot, with all items stowing neatly in their designated spaces aboard Panacea V.
Highlights include:
This turn key package ensures that every aspect of West Coast fishing is covered, with all gear fitting aboard in its designated storage spaces.
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
The vessel has been actively maintained, is running strong, and all systems are reported to be operating as they should.
Panacea V is set up for a full West Coast experience: long-distance cruising, exploring new harbors, fishing remote grounds, or welcoming family and friends in style. The Meridian 580 Pilothouse was designed as the flagship of the Meridian fleet, a yacht that combines rugged capability with the comfort and livability of a luxury motor yacht.
This particular 580 has been thoughtfully outfitted for independence on the coast, equally at ease trolling for salmon as it is entertaining guests at anchor. With generous interior volume, a commanding pilothouse, and a layout that balances privacy with social space, Panacea V delivers the flexibility and confidence to enjoy the Pacific Northwest and beyond.
Kept in a boathouse since 2020 and maintained with care, the yacht comes with an extensive inventory and is ready for new adventures. A 70-foot boathouse in Ladysmith, BC, along with a large lot of fishing equipment, are also available separately.
Salon and Galley
A stainless-framed glass sliding door opens into a salon finished in cherry joinery, wood valances, and wood plank flooring. To port is a custom sofa with two ottomans and a sidearm table, while a pair of lounge chairs with a centre cabinet table to starboard sit across a glass coffee table. Aft to starboard, the entertainment cabinet houses the 40” Smart TV, entertainment components, and an ice maker. Accordion-style privacy curtain, with port and starboard blinds.
Forward, the U-shaped galley runs along the port side, with Corian counters, double stainless sinks, and near full-sized appliances that make cooking aboard feel much like home. Opposite, a raised dinette with curved seating and Corian table offers excellent sightlines. The whole space ties together, so whether preparing meals, dining, or relaxing in the salon, everyone remains part of the same conversation.
Cockpit and Swim Platform
Stepping back out through the sliding door, the cockpit and swim platform form a versatile outdoor living and working space. Faux-teak decking runs underfoot, with a folding teak table at centre, a stainless barbecue mounted at hand, and plenty of room to set out chairs for lounging or entertaining. The area is sheltered by the hardtop, with a full canvas enclosure and an additional awning that extends aft over the swim grid, allowing the platform to be used for fishing or relaxing even in the rain.
The wide swim platform itself is fitted with custom stainless staples, with the centre section swinging open for easy boarding from a tender. The staples also carry downrigger mounts and a custom fish-cleaning tray, with 12V surface plugs conveniently located at the port and starboard transom gates, making the space well suited to coastal fishing. A cockpit shower with hot and cold water is tucked into the transom, while port and starboard gates provide access from the swim platform.
Steps rise to the side decks on both sides, and a stairway to starboard leads up to the flybridge, lifting for engine room access. Two large hatches in the sole open to the lazarette, while a storage locker on the port side and another in the transom provide space for lines, fenders, and shore power cable. With the large sliding door open, the cockpit becomes a seamless extension of the salon and galley.
Pilothouse
Three steps up from the galley, the pilothouse serves as the vessel’s command centre. A wood-rimmed wheel sits at centre with dual multifunction displays providing charts, radar, sonar, and camera views of the stern and engine room, while a separate screen is dedicated to cockpit cameras aimed at the fishing rods.
Controls for VHF, autopilot, thrusters, and other systems are grouped within easy reach, while analog gauges and the compass are positioned higher on the dash near the windshield. An adjustable captain’s chair anchors the helm, and an L-shaped settee with table provides a companion space with storage beneath. AC/DC panels flank the area for convenient systems management, and a sliding side door opens directly to the starboard deck for quick access during docking or anchoring.
Cabins and Heads
A curved stairway forward of the pilothouse leads down to the accommodations, with a laundry closet containing stacked Bosch washer and dryer at the base. The passageway opens into three private staterooms and two heads, each designed with comfort and storage for extended cruising.
• Master Stateroom – Full-beam amidships with a walk-around queen berth, abundant drawer and locker storage, cedar-lined hanging lockers, and a vanity with sink set within the cabin itself. Ensuite head with VacuFlush toilet and full shower/tub combination.
• VIP Stateroom – Forward with a queen island berth, generous storage beneath, dual cedar-lined hanging lockers, and private access to the guest head with stall shower.
• Guest Stateroom – To port with L-shaped bunks, ideal for children or additional guests, with locker storage.
• Guest Head – Accessible from the passageway and the VIP stateroom, fitted with a VacuFlush toilet, vanity, and separate stall shower.
Upper Deck
The flybridge helm forward features twin adjustable captain’s chairs, a full Raymarine suite, and excellent visibility. Wraparound seating provides space for guests, with the aft section adjusted to accommodate the tender when carried aboard. The original curved bench section, complete with canvas cover, remains with the vessel.
A wet bar with sink and a refrigerator/icemaker combo complements the space, while the davit and chocks aft handle the Walker Bay tender. The bridge is enclosed with canvas and Strata glass panels along the forward three-quarters, leaving the aft open to the breeze. A hatch at the starboard corner provides stairway access down to the cockpit.
Engine Room and Lazarette
The engine room is accessed through the cockpit stair hatch and is well lit and organized for maintenance. Twin Cummins QSM11 diesels are positioned with clear access to stainless fuel tanks, Racor filters, and the Reverso oil change system.
The lazarette lies beneath two large hatches in the cockpit sole, housing the generator, battery banks, and davit pump, along with custom stainless ladders for easy access. The space offers abundant storage with enough space to keep a deep freezer included with the vessel.
Side Decks and Foredeck
Wide side decks with tall stainless rails provide secure passage forward. The foredeck holds a dedicated anchor locker with windlass controls and washdown fittings, a sunpad area, and stainless cleats fore, aft, and amidships. Additional mounts carry two Pelican kayaks, which come with the vessel along with four dedicated kayak life jackets, making it easy to explore coves and shorelines right from the anchorage.
For a vessel designed to take on the full West Coast experience, from fog-shrouded inlets to open Pacific passages, Panacea V carries a professional-grade navigation and electronics suite. Dual stations at the pilothouse and flybridge give the captain confidence and flexibility, while a full network of Raymarine sensors, radar, sonar, and communications ensures safe and efficient operation whether cruising offshore, threading the Inside Passage, or exploring remote anchorages.
Displays & Charting
Radar & Sonar
AIS & Networking
Communications
Autopilot & Controls
Instruments & Monitoring
Lighting & Accessories
Power and reliability are at the heart of Panacea V, making her equally suited for extended coastal passages, offshore runs, or precise maneuvering at low speed while fishing. Twin Cummins QSM11 diesels deliver strength and efficiency, paired with Side-Power thrusters, electronic engine controls, trolling valves, and trim tabs at both helms for fingertip control in any conditions. The engine room reflects consistent professional care, including an in-frame overhaul of the starboard engine in 2025 (approx. $55,000), new shaft seals, rudder repack, starboard trim tab assembly in 2023, and a new starboard muffler and stainless exhaust elbows in 2025. These upgrades, along with regular haulouts and zinc service, underscore her turn-key readiness for serious West Coast adventures.
Main Engines
Generator
Fuel System
Oil System
Thrusters
Cooling System
Steering
Trim & Handling
Engine Room Ventilation
Fire Suppression
Panacea V is equipped with a comprehensive AC and DC electrical system that balances reliability at sea with the convenience expected in port. Power is supplied through a 50A shore power service with a Glendinning Cablemaster, supported by an Onan 17kW generator for independent operation. A robust battery bank provides capacity for house loads, engine starting, and thruster operation, with distribution managed through dedicated AC and DC breaker panels with integrated monitoring. Charging is handled by a combination of automatic chargers, inverter/charger, and DC-DC converters, ensuring balanced and efficient power delivery to all onboard systems.
Shore Power
Generator
Batteries
Battery Switching & Distribution
Charging & Inverter Systems
The galley aboard Panacea V is fitted with residential-grade appliances that make cooking on board feel much like home. With a full-size refrigerator, dedicated cooking appliances, a dishwasher, and ice makers in both salon and flybridge, the vessel is ready for everything from day trips to long passages with guests aboard.
Life aboard Panacea V is supported by a full suite of domestic systems that deliver comfort and independence for coastal cruising and offshore passages alike. Heating, cooling, freshwater, and sanitation are thoughtfully engineered with redundancy and reliability in mind.
Climate Control
Freshwater System
Sanitation
Laundry
Central Vacuum
The tender package aboard Panacea V is a key feature, providing a versatile and premium platform for exploring, fishing, and accessing shorelines. The Walker Bay Generation 450 is among the top-of-the-line rigid inflatable tenders, offering excellent stability, comfort, and performance, and is rated to carry up to 8 people. Outfitted with thoughtful upgrades and supported by a robust hydraulic davit system, this tender setup is an essential part of the vessel’s go-anywhere capability.
Tender Package
Davit System
The ground tackle is built for dependable anchoring in the varied conditions of the coast.
Safety gear on board Panacea V is comprehensive, with automatic fire suppression, tagged extinguishers, up-to-date flares, and a full camera monitoring system.
Panacea V is handed over with a thoughtful kit of covers, deck gear, spares, and conveniences that make West Coast cruising simpler from day one.
Canvas & Covers
Deck & Shore Gear
Maintenance, Spares & Shop Supplies
Docking
Miscellaneous
70’ Boathouse – Ladysmith Marina, Ladysmith BC
A 70’ x 26’ (1820 sq ft) boathouse, purpose built for a vessel of this class, is available separately. Constructed in 2011 by OBMG, it features a mezzanine with added flotation, new curtain and track system (2024), fresh bumpers (2023), workbench and storage cabinets, and a new man doorframe (2023). The boathouse is wired with a 100A panel, multiple outlets, electric fence, and overhead fluorescent lighting, and is plumbed with hose bibs for washdown. Cleats are positioned to match the Meridian 580, with 50A shore power located for direct connection. An emergency re-entry ladder, rollers at the boat entry, and a security system are also in place.
This facility provides year round protection and convenient moorage in the heart of Ladysmith, a prime location for launching extended Gulf Islands and West Coast cruises. Less than 10 minutes from the Nanaimo airport with ample parking.
Complete West Coast Fishing Package
A comprehensive fishing package is available separately, providing everything needed to step aboard and immediately fish the West Coast with confidence. This is a full outfit with rods, reels, traps, downriggers, and gear curated for salmon, halibut, prawns, and crabs. The package is offered as a single lot, with all items stowing neatly in their designated spaces aboard Panacea V.
Highlights include:
This turn key package ensures that every aspect of West Coast fishing is covered, with all gear fitting aboard in its designated storage spaces.
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
