Classic Yacht Winifred, a Lake Union Dreamboat, was designed by Otis Cutting for Adolph and Winifred Schmidt of Olympia, Washington in 1926. Mr. Schmidt and his brothers were the sons of Leopold Schmidt, the founder of the Olympia Brewing Company. Winifred was built in Seattle by Lake Union Machine and Dry Dock Co. as a stock cruiser and had the trade name “Lake Union Dreamboat” – cost new $5,125.
In June 1928, Winifred was entered along with nine other boats from Pacific NW yacht clubs, in a predicted log competition from Olympia, Wa, to Juneau, Ak. Cruising day and night, only stopping for fuel. The 980-mile trip took Winifred a little under four days and was awarded first place in the over 40-ft class.
A comfortable yacht in both calm and heavy weather, Winifred cruises at 8.5 knots, burns less than 3 gallons/hour and has a top speed of 9.3 knots. Her present owner, Greg Gilbert of Seattle purchased Winifred in 2000.
At the Victoria Classic Boat Festival Winifred and her Captain has been awarded “Best Livaboard”, “Best Tender”, “Best Costume” and “Best Overall Powerboat” the highest honor. In the Opening Day of boating parade in Seattle, Winifred was named “Best Power Boat over 40' three times, 2017, 2018 and 2024.
Winifred is moored under cover in fresh water in Salmon Bay, Ballard, Washington. Three weddings and four funerals have been celebrated aboard WINIFRED.