Buyer Beware
The good news is you don't have to pay to get the boat hauled for a survey. The bad news is you are looking at expenses related to both long term deferred maintenance (neglect) and age. It sounds like the owner wants to sell it to you in an "as is" condition on the hard, thereby putting all the risks on you for recommissioning and restoring the boat to a sailable condition. A survey is a must! But be forewarned, with so many systems inoperable, the survey may not catch all the potential problems. The best way to find out if everything works is a test sail which you can't do. It is the single best way to find out if sails are any good. One way to find out if the owner knows of a significant latent problem, is to get him to agree on the fair market value as set by the surveyor or to agree to fix all the surveyed problems out of the sales price. This is a fairly common practice and you'll find out the owner's state of mind in a hurry.A boat of this age and price in Northern California will be in the water, sailable, all systems operational and generally in fair to good condition. You are the only one who has actually seen the boat and talked to the owner so only you can determine the boat's condition, not I. The following may be (overly) pessimistic things to look out for. But heck, now is the time to be a little pessimistic.Deferred maintenance items: The batteries probably are sulfated and won't hold a significant charge. You may not have enough power to test the electrical systems. Replace. Fuel left in a tank for eight years has decomposed to a state where mere fuel polishing is insufficient. At a minimum, you'll need to dispose the old fuel and core the tank. I would replace tank, fuel lines and filters immediately (bitter first hand experience here). Atomic Fours are quirky at best and this one probably wasn't laid up for multi year storage (cosmoline and oil) and most probably will need a complete overhaul soon. I'd bite the bullet and re-engine with diesel right now (after all, you're also replacing the fuel system). Eight years of accumulated grime probably has weakened your running rigging (halyards, topping lifts etc.) to the point of replacement. Eight years of high salt air humidity (poor or no ventilation) may have corroded some of the electrical contacts and/or have created a mold problem in the cabin. After eight years, the bottom paint is all cured out and will have to be sanded off and new barrier coat/bottom paint applied. You'll also need to break out the gelcoat restorer and rubbing compound for the topsides.Age related items: Ten to twenty year old electrical items don't have much of a resale value. (Why use Loran when GPS so accurate and cheap?) Thirty four year old standing rigging should be inspected closely and (potentially) replaced. Likewise, the sails may be way past their prime. The thru-hulls are probably bronze and should be checked for oxidation. Consider that all the caulked joints have lost their elasticity and should be rebedded. Make sure that the keel bolts are properly torqued and not corroded. Count on steering gear being worn. As you can see, in a nightmare scenario, you may be looking at another five to seven grand to fix all the the problems. Hopefully, not everything will require fixing or replacing. You should set aside budget for doing a fair amount of recomissioning work and figure a grand a year for the first couple of years to do maintenance and repairs, in particular, getting that Atomic Four to run reliably after such a long lay-up. Enough said. I like the old Bristol boats. They are well founded and sturdy. The one I know here in the Bay is like a little sherman tank when the wind picks up. In a restored condition, it will be a real head turner and fun boat for years to come. Hopefully, the seller will be able to work with you on achieving a fair price for the boat. If not, I know of a '79 Irwin 30, radar, autohelm, spinnaker gear, etc for $17k…